Union Budget 2024: What To Expect For Personal Taxes; Will Middle Class Get Tax Relief? |Tarun Garg

The upcoming Union Budget 2024 has sparked discussions regarding expectations for personal taxes. The salaried class is eagerly anticipating this budget, hoping for the implementation of a new tax slab or tax cuts specifically for middle and salaried class individuals. People are also curious about the distinctions between the Interim Budget and Union Budget 2024, as well as the potential outcomes of the upcoming budget. Taxpayers are demanding that the government make the new tax regime more appealing. To gain insights on this matter, watch Tarun Garg, Director at Deloitte India, as he discusses taxes on ET Now Money Show.

#budget2024 #themoneyshow #newtaxregime #unionbudget #unionbudget2024 #budgetnews #taxregime #oldtaxregime #taxcuts #taxslabs #incometax #etnow #businessnews #capex #topnews

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[GAMINGTRANCE]

No tax till 10 lacs
Standard deduction till 1.5 lacs
80c limit to 3 lacs
Above amendments Are need of the hour.

[prasadvedurumudi]

Like UAE there should not be personal income tax

[rosemist]

Govt of India is generously giving aid to many countries at the cost of the middle class, pensioners. Cost of living, medical expenses and GST taxes on all the items are pushing the middle class into poor class. This govt is determined to have only two classes Rich and poor not always struggling middle class to meet both ends.

[thirthaprasad]

Nothing much can be expected ... Truly exploiting the middle class and lower middle-class citizens of India.
After paying all the taxes (TDS) 33.3% plus an avg 18 to 20% GST across your daily expenses, you end up with nothing left over for your retirement, no wonder why the voting percentage was low as well as higher NOTA votes.

[abhijitkundu]

Is there any marginal or huge difference between TDS and TCS

[panneerselvam]

India peoples are not expecting nirmala dubakkur budget, only Ambani and Adani and corporates are expecting the useless budget. It will not beneficial to common people.

[ram]

If they bring exemptions into the new tax regime then it would be similar to old. They brought a new tax regime so that people can't claim fake exemptions. without understanding these they are discussing what exemptions should be added in the new tax regime

[srinivasankrishnan]

Though corrupt congress ministers are intelligent modi minister are honest but not effective. Nirmala is like a puppet of burocrates in the ministry. Modi is having 25% efficiency and knowledge of Narasimha Rao he should be changed with kadgari.

[abhijitkundu]

What about the new fiscal policy as per the new budgetory framework policy 🌹❤️

[abhijitkundu]

Is there any special tax slab for women ❤️🌹as per the 2024 budget 🌹❤️

[Sameer-erwz]

Whatever they are tLking about is still for the poor. Increasing standard deduction to 1L will increase monthly income by Rs 400- 1, 250.
This is not enough.

[kallol]

dont worry whole bjp will sent yo gujrat..😂

[abhijitkundu]

Apart from equity shares, bonds what about redeemable debentures and irredeemable debentures ❤️🌹in terms of recent market portfolios will going to going to affect a lot as far as the new budget will it be a constraints ❤️🌹

[mandarp]

Tax should start from 10 lakh rupees of income.

[reejoporuthoor]

Stop it tax pesanal only; company tax pesanal tax fund coming Market GST 3 persent ad all slab