What'S New For 2024 Income Tax. New income tax regime likely to receive big boost. Income tax slabs, union budget 2024 highlights:

These changes include adjustments to the income tax slabs under the new tax regime, capital gains taxation, an increase in standard deduction, and revisions to the rates of tds and tcs,. In a move that will impact millions of taxpayers, the indian government has raised the standard deduction under the new tax regime from rs 30,000 to rs 75,000.