Old vs New Tax Regime: Which One Is Better
For the 2024 budget, Finance Minister Nirmala Sitharaman suggested two significant changes to the tax system to make it more appealing. Now, the standard deduction limit has been set to ₹75,000 which earlier used to be ₹50,000. Additionally, the income tax slab rules have undergone changes between ₹3 lakh to ₹10 lakh yearly income. Nonetheless, …