Budget 2024 Tax Slab Change

Budget 2024 Tax Slab Change. 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 changes explained:

Numerous people anticipate that the government will adjust the income tax slab rates to create a more progressive and fair system. The changes have been announced in the slabs that attract income tax of 5%, 10% and 15%.