budget 2024
Policies & Laws

Budget 2024: Income Tax Changes, Relief for middle class?

Budget 2024 brings major income tax changes! Discover the revised tax structure, its impact on the middle class, and if the new tax regime with its simpler filing process is the right choice for you. > Govt proposes ₹1.48 lakh crore for education, employment and skilling > Sitharaman announces big bonanza for Bihar, Andhra Pradesh…

Budget 2024
Policies & Laws

Budget 2024: Tax Relief Announced for Middle Class in New Regime

The Union Budget 2024 brought welcome news for taxpayers, particularly those opting for the new tax regime. Finance Minister Nirmala Sitharaman announced a revision of the tax structure, offering significant relief to the middle class. Here’s a breakdown of the revised tax slabs under the new regime: This revision translates to potential tax savings of…