Union Budget 2024: New Income Tax Slabs Announced In New Tax Regime In Budget 2024 | N18V | News18

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Union Budget 2024: New Income Tax Slabs Announced In New Tax Regime In Budget 2024 | N18V | News18

Finance Minister Nirmala Sitharaman has announced an increase in the standard deduction from ₹50,000 to ₹75,000, alongside adjustments to the tax slabs under the New Tax Regime (NTR). These changes are set to provide individual taxpayers with an annual tax saving of up to ₹17,500 under the NTR.

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