Budget 2024: Taxpayers Benefit as Income Tax Regime Sees Adjustments

In last year's budget, Finance Minister Nirmala Sitharaman implemented numerous alterations to the income tax regime.

In response to a lukewarm reception in 2023, Nirmala Sitharaman introduced numerous alterations in the income tax regime.

In the new regime, she declared a standard deduction benefit of fifty thousand.

Under the new regime, the rebate on annual income up to Rs 7 lakh has been raised.