Budget 2024 Tax Slab. Finance minister nirmala sitharaman revises tax slabs, allowing salaried employees to save up to ₹17,500 in income taxes. 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.

Income tax budget 2024 live: 2) income between ₹ 2.5 to ₹ 5 lakh is taxed at 5 per.