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Income Tax Relief: Centre revises tax slabs in new regime, Standard Deduction raised to Rs 75,000

DNA Tuesday, 23 July 2024
Union Finance Minister Nirmala Sitharaman made history by presenting her seventh consecutive Budget on Tuesday, surpassing the record of former Prime Minister and Finance Minister Morarji Desai.
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Video Credit: Oneindia - Published
News video: Budget 2024: Budget 2024: FM Sitharaman Unveils Game-Changing Overhaul in Personal Income Tax Slabs

Budget 2024: Budget 2024: FM Sitharaman Unveils Game-Changing Overhaul in Personal Income Tax Slabs 03:14

 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...

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