How can Budget 2024 make the new income tax regime more attractive for salaried taxpayers? Top points from TOI Online tax experts’ survey

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How can Budget 2024 make the new income tax regime more attractive for salaried taxpayers? Top points from TOI Online tax experts’ survey - Times of India

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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 have done their tax planning based on the old regime?

Preeti Sharma, Partner, Tax & Regulatory Services, BDO India LLP says that currently under the new tax regime, exemption against interest paid on home loan taken for a self-occupied or vacant property is not available.“This provision may be relooked at and be allowed under the new tax regime,” she tells TOI.

Income Tax Expectations Budget 2024: What are the ideal new tax regime slabs, rates for middle class, salaried? 2.