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Was it a Budget of expectations? The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman introduced changes to the income tax regime, for salaried employees & those opting for the new tax regime. 1. Standard Deduction Increase: T

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Anonymous

Anonymous 3

Stealth • 6m

The increase in standard deduction is nice, but it doesn't really offset the increased cost of living we've been dealing with. I was hoping for more significant relief in the middle-income category. The new tax regime still doesn't look attractive enough for me to switch. Feels like the government is trying to balance books more than provide real relief to the middle class.

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