Budget 2024 Tax Slab. However, with the union budget. Individuals must pay taxes on their annual income according to the tax slab rates introduced in the finance bill during the budget session.
Highlights include revised tax slabs, increased deductions, and simplified taxation. To encourage the adoption of the new personal tax regime, the budget 2024 rationalized the tax slabs to provide additional tax benefits up to a maximum of โน 17,500.
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