Tax Planning For 2024 In India

Tax Planning For 2024 In India. Benefits of the new tax regime: In union budget 2024, finance minister nirmala sitharaman proposed new changes to the new tax regime.

The outlook for 2024 holds promise for a more straightforward tax regime, simplification of capital gains, and enhanced deduction limits for 80c and 80d to adjust for inflation. Overall savings of inr 17,500 expected and a standard deduction to be increased to inr 75,000;