Budget 2024 India News. Fm also proposes some tax benefits for pension funds. For those opting for the new tax regime, the standard deduction for salaried employees to be increased from ₹50,000 to ₹75,000.
The budget announcements clearly indicate a shift in priorities for prime minister narendra modi’s new dispensation, with ramped up allocations for rural development, skilling, jobs and. Presenting her seventh consecutive budget, finance minister nirmala sitharaman announced plans to raise spending, create jobs and provide relief to the middle class.