Latest Markets Business BEEPS Earnings Personal Finance

Budget 2024: A Breakdown Of Personal Taxes | Infographic

Measures like increasing the standard deduction to Rs 75,000 from Rs 50,000 have also been incorporated into the budget.

Divya Prata

Finance Minister Nirmala Sitharaman ahead of the presentation of the Union Budget 2024-25 at the Lok Sabha on Tuesday. (Source: of Ministry of Information and Broadcasting/X)

Finance Minister Nirmala Sitharaman presented the Union Budget 2024–25 at the Lok Sabha on Tuesday. The income-tax slabs have now been revised, which would translate into a change in the calculations of personal taxes.

Measures like increasing the standard deduction to Rs 75,000 from Rs 50,000 have also been incorporated into the budget.

Here's a breakdown of the new changes:

X

Watch The Video Here

Also Read: Budget 2024: Revised Income Tax Slabs Under New Tax Regime; Changes In New Tax Regime Explained

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Divya Prata
Divya Prata is a desk writer at NDTV Profit, covering business and market n... more
GET REGULAR UPDATES
Beeps Img

Brazil President Dials PM Modi Day After Trump Sharpens Tariffs Against India

  • chevron-double-right Prime Minister Modi received a call from Brazil's President Lula da Silva on Thursday
  • chevron-double-right US tariffs impose a total of 50% levies on imports from India and Brazil
  • chevron-double-right India and Brazil aim to expand bilateral trade to over $20 billion by 2030
More Beeps chevron-right

RECOMMENDED FOR YOU

Central Support To Meghalaya Increased 231% In A Decade: Sitharaman
timelogo Jul 11, 2025
Nirmala Sitharaman To Begin Four-Day Meghalaya Visit
timelogo Jul 10, 2025
Don't Aggressively Push Loans, Keep Interest Rates Reasonable: FM To NBFCs
timelogo Jul 09, 2025
Over 2 Lakh Pending Appeals To Be Cleared This Fiscal: Sitharaman To Income Tax Officials
timelogo Jun 23, 2025

POPULAR

1
Stock Market Today: All You Need To Know Going Into Trade On Aug. 8
2
Are Schools, Offices And Colleges Closed Today? Govt Issues Update For Narali Purnima 2025 Holiday
3
Asian Equities Edge Up At Open, Dollar Declines: Markets Wrap
4
Oil Prices Head For 5% Weekly Slump With Russian Supplies In Focus
5
MSCI Rejig: Swiggy, Vishal Mega Mart, Waaree Energies, Hitachi Energy Added In August 2025 Rebalancing