Budget 2024: Tax Reforms, HRA Relief, and EV Incentives Seeked by Salaried Class

Payrollers are eagerly awaiting Finance Minister Nirmala Sitharaman’s presentation of the FY25 Budget, hoping for substantial tax changes to ease financial strains. The salaried class is pushing for changes to housing rent allowance (HRA) rates, incentives for buying electric vehicles (EVs), reorganization of tax slabs, and increased focus on affordable housing, per a Deloitte analysis….

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