Budget 2024 Income Tax. Here's your tax outgo now under the new tax regime if you earn more than ₹ 15 lakh per annum. In the autumn budget 2024, the chancellor confirmed there would be no increases to 'taxes on working people', keeping income tax, national insurance and vat rates the same.
In a major relief to taxpayers, the finance minister in the union budget 2024 has introduced a new tax regime that allows individuals with income up to rs 7.75 lakh to pay zero. Even without eliminating the federal income tax, trump’s economic package would increase the national debt by $7.5 trillion over a decade, according to a recent analysis by the.