Finance Minister Nirmala Sitharaman is currently presenting the Income Tax Budget 2024 on July 23. This is her seventh consecutive budget presentation, with the last one being an interim budget due to the 2024 Lok Sabha Polls. The salaried class in India is hopeful for tax relief or adjustments in income tax slabs from the PM Modi-led government. The expectations include an increase in the standard deduction limit and changes in income tax slabs to ease the financial burden on taxpayers.
In the previous Budget of 2023, the Modi Government introduced new income tax regulations, making the new tax regime the default option while allowing taxpayers to opt for the benefits of the old regime.
To access Budget 2024 documents, you can use the Union Budget Mobile App, which is available on Android and iOS platforms. After the Budget speech, the documents will be accessible on the web portal at www.indiabudget.gov.in.
Stay informed about the latest updates on Budget 2024, including Income Tax Slab changes, Impact on Share Market, Budget Key Highlights, and Corporate Reactions through our live coverage.
No comments:
Post a Comment