News & Media 17th Jan 2024
The Interim Budget 2024 looms just days away, and a wave of expectations is sweeping across various sections of taxpayers, particularly the middle-class, with hopes of significant tax reliefs. The budget, scheduled to be presented on February 1, is eagerly awaited by salaried individuals who are looking for measures to ease their financial burden. One of the key expectations revolves around the standard deduction, introduced in the Finance Act of 2018 at Rs 40,000.
Against this backdrop, Economic Laws Practice (ELP)’s Partner, Rahul Charkha has been quoted in an article, “Interim budget 2024: Can taxpayers expect relief? 5 anticipated changes” authored by Sonu Vivek from India Today.