Budget 2024 income tax highlights by Shalini Jain, Partner, EY India

Check out the key highlights of Budget 2024 as Finance Minister Nirmala Sitharaman introduces major tax reforms aimed at providing relief to middle-class taxpayers. The significant changes include a review of the Income-tax Act, rationalised slab rates, increased standard deductions, and enhanced NPS contributions. The new tax regime remains the default, with measures like the Vivad Se Vishwas Scheme 2024 introduced to reduce disputes. Additionally, capital gains tax reforms and changes to appeal limits promise more certainty and simplicity in taxation. Join us as Shalini Jain from EY India breaks down these crucial updates for individual taxpayers. Watch!