Budget 2024 Expectations Live Updates: Income Tax changes, record capex for roads and railways expected from FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman revised tax slabs in the new regime, expanding the first taxable bracket from ₹3-6 lakh to ₹3-7 lakh, while maintaining the 5% tax rate. Standard deductions were increased, but details weren't provided. No changes were made for incomes below ₹3 lakh, the ₹12-15 lakh slab, or incomes above ₹15 lakh. These adjustments aim to benefit the middle class by potentially reducing their tax burden. However, the full impact depends on individual financial situations and requires further analysis. #BudgetBihar #Biharnews #AndhraPradesh #Budget2024 #NirmalaSitharaman #Sitharaman #FMSitharaman #PMModi #Modinews #Budgetlive #BudgetSessionlive #LokSabhaLive #Indianews #Oneindia #Oneindianews #BudgetWithOneindia ~PR.320~ED.346~GR.125~HT.96~