Budget 2024: Hike in standard deduction or basic exemption limit or both, what tax changes coming in first Budget of Modi 3.0

Budget 2024: Hopes are high that Finance Minister Nirmala Sitharaman will announce some populist measures in Budget 2024 to ease the burden of the taxpayers. One of the most widely expected measures is raising the standard deduction limit from Rs 50,000. Experts are optimistic that FM could raise the basic exemption limit of Rs 3 lakh in the new tax regime as well. What can taxpayers expect from the first Budget of Modi 3.0? Find out what experts say