Dusty Glynnis

Budget 2024 Highlights India Income Tax. Hike tax bracket in new, old regime. The key highlights of the budget are as follows:

Finance minister nirmala sitharaman announced a thorough review of the income tax act of 1961 to benefit the middle class, expected to be completed in six months. Rate of tds on house rent payment of more than rs 50,000 per month cut to 2%.