BUDGET 2024 ANNOUNCED ON 23 07 2024

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BUDGET 2024 ON DIRECT TAX ANNOUNCED ON 23 07 2024. • #Simplification of Reassessment. • #Simplification for Charities and of TDS. • #Simplification and Rationalisation of Capital Gains • #Personal Income Tax. • #Change in Standard Deduction. • Changes in STT on Future and Option. • Changes in Slab Rate under new Tax Regime • Changes in Assessment Procedudure and Time Limit. • Change in Search Seizure Time Limit. • Changes in TDS Structure and TCS • TCS is applicable on Luxury Goods. • Change in Capital Gain on Long Term and Short Term

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