Budget 2024 Income Tax Highlights

Budget 2024 Income Tax Highlights. Specifically, the tax rates for futures & options (f&o) of securities will. Shapiro said he secured a new employer child care contribution tax credit, which is designed to help businesses grow while reducing.

Key expectations from the public include reductions in lpg and petrol prices, a revised income tax slab, and measures to control inflation. For those opting for the new tax regime, the standard deduction for salaried employees to be increased from ₹50,000 to ₹75,000.