2024 Budget Highlights Tax

2024 Budget Highlights Tax. Rate of tds on house rent payment of more than rs 50,000 per month cut to 2% from 5%. For fy25, the government has retained ₹ 11.11 lakh crore for capital expenditure.

The budget features higher spending, job creation efforts, and tax relief for the middle class. New tax regime (budget 2024) employee’s contribution.