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Budget 2024: Top 10 Income Tax Benefits FM Sitharaman Should Consider

Budget 2024: Top 10 Income Tax Benefits FM Sitharaman Should Consider
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Tax benefitsUnion budget 2024Standard deductionNew income tax regimeInterim budget 2024Budget 2024 income tax slabsBudget 2024 income tax expectationsBudget 2024

Budget 2024: How FM Nirmala Sitharaman can make the new income tax regime attractive?

Taxpayers hope for increase in exemption limit, standard deduction, and housing loan benefits in Budget 2024

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Budget 2024 Income Tax Expectations: Top 10 Things FM Sitharaman Should Do | Business

Budget News: Budget 2024: Discover the top 10 income tax reforms that taxpayers are hoping for in Budget 2024. From concessional tax regime changes to deductions for housing, explore the wishlist for personal tax reforms.

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Income Tax in Budget 2024: Will standard deduction limit be hiked from Rs 50,000 to help salaried taxpayers?

It has been almost 5 years since standard deduction was revised; the previous instance was in 2019. There are many compelling reasons to raise the limit of the standard deduction from Rs 50,000. Standard deduction, needs to be periodically adjusted to account for inflation, says Akhil Chandna, Partner, Grant Thornton Bharat. Though 2024 will see only an interim budget, middle-class taxpayers are eagerly hoping Finance Minister Nirmala Sitharaman will roll out some tax sops. Will the Budget 2024 raise standard deduction from Rs 50,000?

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Interim Budget 2024: Will FM Sitharaman tweak income tax slabs yet again? Here s what experts said

Last Budget, the Centre brought in multiple new regulations for Income Tax. One notable announcement in relation to personal taxation was the establishment of the New Income Tax Regime as the default tax system.

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