budget 2024

Interim budget 2024: What to expect for income tax payers

NEW DELHI : As Finance Minister Nirmala Sitharaman prepares to present India’s budget ahead of the general elections, many are anticipating changes that might impact ordinary income tax payers. The current income tax slabs for professionals and NRIs in the old tax regime are structured based on income levels. The slabs include no tax for […]

Major relief for middle class; no tax for income up to ₹7 lakhs

Individuals with an annual income of ₹9 lakhs will be required to pay only ₹45,000 under the new tax slab, FM Sitharaman announced.