Budget 2024 LIVE Updates: FM Nirmala Sitharaman announces revisions in new tax regime; Centre to review Income Tax Act
All eyes will be on whether Sitharaman provides the much-expected tax relief for the middle class, leaving more money in their hands, as there is tax buoyancy. Besides, the market also expects staying on the fiscal glide path to lower the fiscal deficit to 4.5 per cent of GDP by 2025-26. Fiscal Deficit: The budgeted…