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Interim Budget 2024: Here’s the latest on income tax slabs and rates for new and old tax regimes
Union Finance Minister Nirmala Sitharaman, during the presentation of the Interim Budget 2024-25 on Thursday, left the existing tax slab rates unchanged for both new and old income tax regimes.
The government has reduced and rationalised tax rates. Under the new tax scheme, there is now no tax liability for taxpayers with income up to Rs 7 lakh.
“The simplest is to log in to your bank account online and view your purchase history. Most banks directly inform customers about SGB allotment through SMS or email notifications. Additionally, you can visit the RBI website and check the 'Press Releases' section for allotment details published periodically,” said Ashish Aggarwal, Director, Acube Ventures
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