Budget 2024 Explained LIVE | New Tax Regime Slabs Revised, Standard Deduction Hiked By Rs 25,000

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Budget 2024 LIVE UPDATES | Nirmala Sitharaman Announces Special Financial Support For Andhra
Finance Minister Nirmala Sitharaman enhanced the new income tax regime in the Union Budget 2024, raising the standard deduction from Rs 50,000 to Rs 75,000, marking an increase of Rs 25,000.

This change will save salaried individuals Rs 17,500 under the new regime.

Additionally, the Finance Minister adjusted some of the tax slabs.

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