Change In Tax Brackets 2024 Schrikkeljaar. If we talk about personal income tax changes announced in budget 2024 the only change was made in the new tax regime, standard deduction under new regime, family pension under new regime and section. The applicable income tax slabs and rates may change each financial year based on government announcements.
There are no changes in the income tax slabs of the old tax regime in the july budget 2024. Highlights include revised tax slabs, increased deductions, and simplified taxation.