Budget 2024 Tax Changes

Budget 2024 Tax Changes.  — explore the significant changes in capital gains taxation proposed in budget 2024, including revised tax rates, holding periods, and removal of indexation.  — income above rs 15 lakh taxed at 30%.

Standard deduction limit for salaried and pensioners hiked to rs 75,000 from rs 50,000. Standard deduction for salaried employees increased to rs 75,000.