Accounting /Financial Services
Budget 2024-25: Impact on Taxes
Budget 2024-25: Impact on Taxes The budget has proposed some important modifications in the tax system for middle-income earners. First, an increase in the standard deduction from Rs. 50,000 to Rs. 75,000 for the salaried class of taxpayers and from Rs. 15,000 to Rs. 25,000 for family pensioners will benefit...