New tax regime calculator

Big Change in Income Tax Slab, Big Relief to Taxpayers, Standard Deduction Increased to RS 75,000

On July 23, 2024, the Indian Finance Minister announced the Income Tax Slab Budget 2024, in which a big announcement has been made regarding income tax. The Finance Minister of India is Nirmala Sitharaman. Income tax slabs Presenting Budget 2024-25, Ms Sitharaman has announced to increase the standard deduction of salaried employees from ₹ 15,000 […]

Big Change in Income Tax Slab, Big Relief to Taxpayers, Standard Deduction Increased to RS 75,000 Read More »

Income Tax Budget 2024 Updates

Income Tax Budget 2024 Updates: New tax slab, Standard Deductions, and More

As you all know, the Finance Minister of India is Nirmala Sitharaman. On Tuesday, 23 July 2024, Finance Minister Nirmala Sitharaman announced that “the standard deduction will be increased from ₹50,000 to ₹75,000 in the new tax regime”. Nirmala Sitharaman has talked about making amendments to the new system. Nirmala ji has said in Parliament

Income Tax Budget 2024 Updates: New tax slab, Standard Deductions, and More Read More »