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Personal Finance News

Top 10 tax changes in Union Budget 2024

Gauri Singh
By Gauri Singh

2m 57s | Updated on July 23, 2024, 19:33 IST

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SUMMARY

Union Budget 2024 brings significant changes in the tax landscape. From revised capital gains taxes to new slabs in the tax regime, we've covered the top 10 major tax updates you need to know.

Learn about the increased rates for short-term and long-term capital gains, the hike in Securities Transaction Tax (STT) on F&O trades, and the new taxation on share buybacks. Discover how angel tax has been abolished and foreign companies get a tax cut. Plus, see the changes in the new tax regime, including the increased standard deduction and revised income slabs.

About The Author

Gauri Singh
Gauri Singh is an anchor and journalist with over a decade of experience, currently covering business, finance and general news. Beyond her professional pursuits as a storyteller, she is a cricket fan, loves travelling and is a dedicated yoga practitioner.

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