Budget 2024 Income Tax Rebate

Budget 2024 Income Tax Rebate. Income above rs 15 lakh taxed at 30%. Highlights include revised tax slabs, increased deductions, and simplified.

The budget 2024 has made significant changes to the tax slabs in the new regime, offering taxpayers an additional chance to reduce their tax liability by up to rs. In the interim budget, set to be announced on february 1, the centre may raise the tax rebate under the new income tax regime to rs 7.5 lakh from rs 7 lakh.