New Tax Information For 2024 Lok. The lok sabha passed the appropriation (no.2) bill, 2024, authorizing nearly rs 140 lakh crore for the central government's expenditure. Income above rs 15 lakh taxed at 30%.

Calculate your tax liability with new regime tax calculator, know how much tax you will have to pay for rs 7,. Finance minister nirmala sitharaman presented the union budget 2024 in the parliament on july 23, proposing new changes in the income tax slabs of the new tax regime.