Direct Tax Proposals Budget 2024

Direct Tax Proposals Budget 2024. In a bid to make the new tax regime more lucrative, the fm proposed to hike the standard deduction limit to rs 75,000 from earlier rs 50,000, exclusively under the new tax. Key direct tax proposals from fm's budget speech.

Changes related to direct and indirect taxes. Significant measures, including a reduction in corporate tax rates, introduction of concessional tax regimes and elimination of the minimum alternate tax regime, have been taken to attract.