Income Tax Expectations Budget 2024: What are the ideal new tax regime slabs, rates for middle class, salaried? TOI Online Survey findings
Sunday, 21 July 2024 Budget 2024 income tax expectations: Expectations are high that more changes may be brought in the new income tax regime - possibly raising the basic exemption limit, hiking standard deduction, or/and rationalising the income tax slabs and tax rates further.
In a sweeping address following the Union Budget 2024, Prime Minister Narendra Modi praised the new fiscal measures as a game-changer for India's economy. Modi emphasised that the budget’s focus on empowering Micro, Small, and Medium Enterprises (MSMEs) and the middle class aligns with his vision...
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..
Income Tax Expectations Budget 2024: What can be done to make the new income tax regime more attractive than the old tax regime, especially for individuals who... IndiaTimes
Sunday, 21 July 2024
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