Budget 2024 Live: A day full of expectations… Nirmala Sitharaman will present the first budget of Modi Government 3.0 today, these can be big announcements including tax exemption.

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Budget 2024 Live Updates: Will the benefit of NPS be available in the new tax regime also?

Posted by :- Sakib

The country’s budget (Budget 2024) is going to be presented today. In such a situation, Finance Minister Nirmala Sitharaman can make many big announcements. In this budget, big announcements can be made for everyone from middle class to farmers, women and senior citizens.

However, if the government announces relief for senior citizens, then there may be an increase in tax exemption under the National Pension System (NPS). Currently, the tax exemption under NPS is up to Rs 50 thousand, which can be increased up to Rs 1 lakh.

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