Budget 2024 Income Tax Updates. Budget 2024 announces new tax slabs under the new income tax regime. Key tax reforms include rationalising capital gains tax, reassessment timelines, and tds/tcs framework, abolishing angel tax and equalisation levy, introducing a specific tax regime for.
Income tax budget 2024 highlights: The government has increased the standard deduction limit to rs 75,000, allowing the salaried class to save up to rs 17,500 in taxes under the new regime.
Budget 2024 Income Tax Updates Images References :