Budget 2024 Tax Slab. From income tax slab changes to a hike in standard deduction and several changes in the capital gains tax regime, here is a look at the key takeaways from the union budget. The new income tax slabs in the new tax regime.

Highlights include revised tax slabs, increased deductions, and simplified taxation. Standard deduction in the new tax regime will be increased from rs 50,000 to rs 75,000, finance minister nirmala sitharaman said tuesday as she announced the 2024 union.