Budget 2024 Live Updates Income Tax. Income tax budget 2024 live:  — in a major relief to taxpayers, the finance minister in the union budget 2024 has introduced a new tax regime that allows individuals with income up to rs 7.75 lakh to pay zero tax.

Key expectations from the public include reductions in lpg and petrol prices, a revised income tax slab, and measures to control inflation. Salaried taxpayers are hoping for income tax changes in the new income tax regime.