When it comes to the budget, the only thing that paid workers look forward to is the income tax rebate. Finance Minister Nirmala Sitharaman presented the Interim Budget 2024 on February 1, 2024, and kept the tax slab rates same for both the new and old income tax regimes.
Finance Minister Nirmala Sitharaman released the Interim Budget 2024, stating that income tax rates have not changed and that residents can earn up to Rs 7 lakh tax-free.
While there are other announcements that will have an influence on the average person's life, the announcement regarding income tax is the most appealing to the majority of people.
Finance Minister Nirmala Sitharaman revealed during the presentation of the Union Budget 2023 that the new tax regime has been made the default regime, with taxpayers still having the option of using the previous tax regime.
Following the announcement the disappointed salaried employees took to social media to express their feelings. Some said, "kuch nhi badla."
Other wrote, "#income tax #Budget2024 thus proven Income karo Tax Bharo and in return taxpayers get this small bell ?"
Here are some memes that surfaced on social media.
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