Budget 2024: Savings Account Interest Up to Rs 25000 May Become Tax-Exempt

Last updated: 08 July 2024

The government is considering a proposal to increase the tax-deductible amount on interest earned from savings accounts to ₹25,000, sources familiar with the matter revealed. This proposal was suggested by banks during a recent meeting with key finance ministry officials.Key PointsProposal Under Rev

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Category Union Budget   Report

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