Budget 2024 Income Tax Highlights

Budget 2024 Income Tax Highlights. Middle class taxpayers are eagerly waiting. Around 66 per cent of taxpayers out of the over 4 crore filers have opted for the new income tax regime for income tax return (itr) filing.

The union budget 2024, unveiled by finance minister nirmala sitharaman, emphasizes support for the underprivileged, women, youth, and farmers. Highlights include revised tax slabs, increased deductions, and simplified taxation.