Budget 2024 Income Tax Relief

Budget 2024 Income Tax Relief. Today, the government has confirmed that it will be raising the rate at which you pay cgt on shares and other assets above £3,000 from 10% to 18% (the lower rate) and from. As per the old regime, income tax exemption limit is applicable on income up to ₹ 2.5 lakh for individuals while under the new regime, exemption limit is on income up to ₹ 3 lakh.

An overview of tax legislation and rates (ootlar) for a list of the announced tax policy measures; Autumn budget 2024 for full details of the announcements;