Budget 2024 Income Tax Rebate

Budget 2024 Income Tax Rebate. A personal income tax rebate of 50 per cent will kick in, in the year of assessment 2024. With various sectors anticipating significant announcements, salaried taxpayers are.

The budget has proposed adjusting the tax slabs and increasing the standard deduction under the new tax regime to make it more appealing to taxpayers. A personal income tax rebate of 50 per cent will kick in, in the year of assessment 2024.