Budget 2024 Highlights For Salaried Employees. Here’s a detailed look at the five major changes in tax rules for salaried employees. With the upcoming presentation of the union budget 2024 by finance minister nirmala sitharaman on july 23rd, the salaried class is eagerly anticipating favorable announcements.

In a bid to give a boost to salaried taxpayers, finance minister nirmala sitharaman on tuesday increased the standard deduction limit from 50,000 to 75,000. Sitharaman highlighted that the increased standard deduction will save salaried taxpayers up to rs 17,500 annually.