Latest News On Budget 2024. For those opting for the new tax regime, the standard deduction for salaried employees to be increased from ₹50,000 to ₹75,000. Rate of tds on house rent payment of more than rs 50,000 per month cut to 2%.

Income tax budget 2024 live: For those opting for the new tax regime, the standard deduction for salaried employees to be increased from ₹50,000 to ₹75,000.