Budget News: Budget 2024 income tax: The common man and middle class have high expectations for income tax relief in Budget 2024. Experts are divided on whether relief can be expected. Various suggestions include changes in tax slabs, tax rates, and standard deductions. The new income tax regime and its impact on savings is also a point of discussion.
Aggressive tax strategies have become the norm and tax authorities are responding in kind. Uday Ved, N Krishna and Wrutuja Soni of KNAV India share their expertise on the central points.