Union Budget 2024: New tax regime changes, check revised slab here

On July 23, Finance Minister Nirmala Sitharaman announced significant revisions to personal income tax rates under the new tax regime during the presentation of the Annual Budget 2024 in Lok Sabha. The new tax slabs are designed to provide relief to taxpayers and simplify the tax structure: no tax will be levied on annual incomes up to ₹3 lakh; a 5% tax will apply to incomes between ₹3 lakh and ₹7 lakh; a 10% tax for incomes between ₹7 lakh and ₹10 lakh; and a 15% tax for incomes between ₹10 lakh and ₹12 lakh. These changes aim to benefit a broad section of taxpayers and enhance the overall ease of compliance. #BudgetWithOneindia #NirmalaSitharaman #IncomeTax #PersonalIncomeTaxSlabs #NewTaxSlab #IncomeTaxSlabsAnnounced #PMModi #PMModiHailsUnionBudget #PMModiHailsBudget2024 #UnionBudget2024 #NirmalaSitharaman #IndianEconomy #BudgetSpeech #PMModi #EconomicSurvey #FinanceMinister #ParliamentSession #HistoricBudget ~PR.152~ED.102~HT.334~

Budget 2024 income tax expectations: It is anticipated that the government may raise the income tax exemption limit to Rs 5 lakh from the current Rs 3 lakh limit...

Budget 2024 income tax expectations: To further enhance attractiveness of the new tax regime, there is the expectation to tweak the tax slab rates by increasing...