Budget 2024 Tax Changes. Standard deduction limit for salaried and pensioners hiked to rs 75,000 from rs 50,000. Some of the key budget expectations include a hike in the standard deduction limit, an increase in the basic exemption limit in the new income tax regime,.
Explore the key highlights of union budget 2024, including tax slab updates, income tax reliefs, and amendments to gst sections. In the union budget 2024 income tax, the proposed changes to the personal income tax rates under the new tax regime include significant relief for salaried employees and.