Tax Day 2024 News India. Budget 2024 had a small relief for the salaried middle class as standard deduction. This year, income tax day is preceded.

Tax policy reforms such as adopting a unified goods and services tax (gst), reducing corporate and income tax rates, exemption of sovereign wealth funds. Union finance minister nirmala sitharaman, while presenting the interim budget on thursday, said that there would be no changes to taxation and proposed to retain same.