2024 Budget Highlights Income Tax. Some of the key budget expectations include a hike in the standard deduction limit, an increase in the basic exemption limit in the new income tax regime, and additional. Govt to broaden the tax base progressively by introducing 2 per cent tax on dividend income exceeding rm100,000 gained by individual shareholders from assessment.

Tax structure under new regime revised finance minister nirmala sitharaman said that the. Join us for live updates and.