Income 2024 Summary Meaning. The rebate limit in the new tax regime has been increased to ₹ 7 lakh, meaning that. India’s inflation continues to be low, stable and moving towards the 4 per cent target.

Discover the key highlights of budget 2024, including major changes in income tax, section 80c, ltcg, and insights from nirmala sitharaman’s speech. Stay ahead with our expert analysis.