While Finance Minister Nirmala Sitharaman did not make changes to tax slabs in the interim budget in keeping with convention, she offered relief on pending tax disputes.
The government proposed to withdraw disputed direct tax demands of up to Rs 25,000 till FY10 and of up to Rs 10,000 for FY11-15, the finance minister said in her budget 2024 speech.
The move, she said, is expected to benefit 1 crore taxpayers.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
