Budget 2024: 5 Income Tax Changes Citizens, Experts Are Expecting

One of the primary expectations from Budget 2024 is a possible hike in the exemption limit, which currently stands at Rs 3 lakh.

Finance Minister Nirmala Sitharaman will present the Budget in the parliament from 11 am today, and the most anticipation is about whether the government will provide tax relief to the middle class. The finance minister will balance a tight rope and aim to stimulate economic growth, while also providing relief to taxpayers.

The middle class got little in the pre-election interim Budget, so their expectations are high.

Here are the 5 key tax rules that will be a talking point today: