Budget 2024 income tax expectations: Top 10 things FM Sitharaman should do for salaried taxpayers

Quick Summary:

Income Tax Expectations Budget 2024: Currently the basic exemption limit under the new income tax regime is Rs 3 lakh.

Standard deduction of Rs 50,000 is available in both the old and the new income tax regime.

TOI Business Desk / TIMESOFINDIA.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaJapan

Topics: Budget 2024 expectations Income tax New tax regime Basic exemption limit Business news Nirmala Sitharaman Standard deduction Budget 2024 income tax expectations Budget 2024

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 20:55:11 (3 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 578 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21471555

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About Times of India

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Official Website: timesofindia.indiatimes.com

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