Budget 2024 Income Tax. An overview of tax legislation and rates (ootlar) for a list of the announced tax policy measures; Highlights include revised tax slabs, increased deductions, and simplified taxation.

Standard deduction in the new tax regime will be increased from rs 50,000 to rs 75,000, finance minister nirmala sitharaman said tuesday as she announced the 2024 union. Income tax, usc and prsi.