Budget 2024 Expectations LIVE Updates: Will Modi 3.0's first budget bring change in tax slabs?

Category: Finance

Salaried taxpayers are anticipating income tax changes in the upcoming Union Budget 2024, with expectations for tax breaks and increased standard deduction limits. The budget, to be presented by Finance Minister Nirmala Sitharaman, marks her seventh consecutive presentation, a record in Indian history. Economists suggest focusing on reducing fiscal deficits and generating employment growth. Various stakeholders, including real estate and child rights activists, are urging for reforms and increased funding in their respective sectors.

Keywords: Union Budget 2024, Income Tax, Nirmala Sitharaman

Source: Hindustan Times

Update At: 7/22/2024

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