Finance Minister Nirmala Sitharaman announced tax exemption in the budget on Tuesday, July 23. He increased the standard deduction from Rs 50,000 per year to Rs 75,000 per year. Along with this, the tax structure was also revised. This change was made under the New Tax Regime. In such a situation, people have a lot
Nirmala Sitharaman presented the first budget (Union Budget 2024) of the third term of the Modi government in the Parliament. In the budget, along with giving tax relief, the Finance Minister has announced to give a monthly allowance of Rs 5,000 to the youth for doing internship. In this budget, special focus has been kept
Finance Minister Nirmala Sitharaman has made major changes in the tax slabs under the New Tax Regime. Along with this, the limit of standard deduction has also been increased. Standard deduction has now been increased from Rs 50,000 per annum to Rs 75,000 per annum. Whereas in the new tax regime, there is already tax