Tag: Finance Minister

In 2020, the government brought a new tax regime. There was no provision for promoting savings. There was no incentive either. This time again the Finance Minister reiterated the same commitment in the budget. Modi Government has given a lot of relief to the middle class and salaried class by making major changes in the Income Tax New Regime in Budget 2024. In the new regime, now tax will have to be paid at the rate of 5% on income of Rs 3 lakh to Rs 7 lakh. Earlier it...