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Budget Bonanza or Budget Bust Read What These Industry Leaders Have to Say

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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Income Tax Slabs 2024-25 Live News Updates: New vs. Old Tax Regime Changes, Budget FY 2024-25, Senior Citizens, Salaried Employees

Stay informed with live updates on Income Tax Slabs for 2024-25. Explore the changes between the new vs old tax regimes, budget implications, and specific details for senior citizens and salaried employees. Get the latest news on income tax calculations and rates at news18.com

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Union Budget 2024 Live Updates: Budget 2024, Interim Budget, Budget, Nirmala Sitharaman, Finance Minister, FM, Income Tax Slab, Income Tax New Regime, Income Tax Old Regime

Finance Minister Nirmala Sitharaman will present the Union Budget 2024 in Parliament today. This will be the interim budget as it comes ahead of the Lok Sabha Elections.

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New Income Tax Slab 2024-25: Tweaks in certain rates expected as Nirmala Sitharaman presents interim Budget

Income Tax Budget 2024: The Union Finance Minister further stated that the average time for refunds has been reduced from 93 days in 2013-2014 to just 10 days in the last year

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Budget 2024: No change in income tax slab announced

No changes in income tax slab rates in the Interim Budget 2024 disappoint the salaried class

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No change in income tax slab says Nirmala Sitharaman in Budget 2024

Nirmala Sitharaman, presenting her sixth consecutive Budget, announced no changes in the income tax rates.

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Interim Budget 2024: Decoding for individual taxpayers

Though a significant rejig in the direct tax rates and exemptions was in any case not expected, however, the salaried class was still hopeful to receive some benefit from the Interim Budget to reduce the tax burden.

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Income Tax in Budget 2024: Will standard deduction limit be hiked from Rs 50,000 to help salaried taxpayers?

It has been almost 5 years since standard deduction was revised; the previous instance was in 2019. There are many compelling reasons to raise the limit of the standard deduction from Rs 50,000. Standard deduction, needs to be periodically adjusted to account for inflation, says Akhil Chandna, Partner, Grant Thornton Bharat. Though 2024 will see only an interim budget, middle-class taxpayers are eagerly hoping Finance Minister Nirmala Sitharaman will roll out some tax sops. Will the Budget 2024 raise standard deduction from Rs 50,000?

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From Jewel Box to Market: 5 ways in which you can invest in gold

There is an increasing clamour to invest in gold owing to the impact of rising inflation coupled with stock market volatility. The need to diversify into gold investments cannot be ruled out. However, the risk-reward component along with the taxation aspect differ in all of them.

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Union Budget 2023 income tax slabs: New tax regime is default, rebate increased from Rs 5 lakh to Rs 7 lakh

"Currently, those with an income of Rs 5 lakhs do not pay any income tax and I proposed to increase the rebate limit to Rs 7 lakhs in the new tax regime," the Finance Minister said while presenting the Budget.

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