Union Budget 2024: Key changes in direct taxes announced by FM

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These changes are part of an effort to reduce the tax burden on lower-income earners,” said Adhil Shetty, CEO of Bankbazaar.com.

Union Finance Minister Nirmala Sitharaman tabled the Union Budget 2024-25 in the Parliament on Tuesday.

This move is also a step towards standardising taxation across various asset classes, potentially simplifying the investment decision-making process for many,” said Rajarshi Dasgupta, Executive Director, AQUILAW.

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Category: BusinessFinance

Markets: India

Topics: Budget 2024 Updates Tax relief Budget 2024 Impact On income tax slab Union budget 2024 Budget 2024-25 Income Tax Slab Income Tax Direct tax Finance Minister Nirmala Sitharaman Union Budget 2024 Income Tax Slab Budget 2024-25 news New Tax regime Standard deduction Budget 2024 Income Tax Slab Income Tax Budget 2024 Live Updates

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 16:55:16 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 413 words

Reading Time: 3 minutes read

Sentences: 18 lines

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Copyright Owner: © Business Standard

News ID: 21750538

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