10 Proposed Amendments Relating to Direct Taxes in the Budget Proposal 2024-25

Shivani , Last updated: 25 July 2024 Share Follow on Google News

1. Substantial relief in the new tax regime with new slabs and tax rates 2. Standard deduction to salaried individuals and pensioners increased from Rs 50,000 to Rs 75,000 3. Family pension deduction increased from Rs 15,000 to 25,000 4. Non-Govt. employer contribution to New Pension Scheme:

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About the Author

Shivani

Finance Professional

I am passionate about simplifying finance, taxation, investing, insurance, and career trends into practical insights. Through my articles, I help readers make informed financial decisions, understand industry developments, and stay updated on personal finance, CA, and business topics.

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