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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Interim Union Budget 2024-2025: No change in tax slabs

Tax benefits for startups, investments made by sovereign wealth, pension funds to be extended to March 2025 New Delhi: Union Finance Minister Nirmala Sitharaman presented the Interim Union Budget — the one…

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Published February 1, 2024 · 3 min read
interim union budget 2024-2025

Tax benefits for startups, investments made by sovereign wealth, pension funds to be extended to March 2025

New Delhi: Union Finance Minister Nirmala Sitharaman presented the Interim Union Budget — the one for the forthcoming financial year (2024-25). Since it is the last one before Lok Sabha elections, the Budget is an interim one. No changes were introduced to tax slabs. There is no tax liability for income of Rs. 7 lakh as announced in 2023-2024 Budget.

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