Tax Slab Changes In New Budget 2024

Tax Slab Changes In New Budget 2024. Finance minister nirmala sitharaman announced a new tax regime, along with key reforms around women's welfare, employment, msmes and several others. Sir keir starmer has laid the groundwork for an increase in taxes after warning the autumn budget this week will be 'painful'.

In today’s budget 2024, the finance minister nirmala sitharaman has made changes in the income tax slabs and rates for the current financial year in the new tax regime. As per the changes announced by fm sitharaman, following are the new income tax slabs for the new or simplified tax regime: