Income Tax Budget 2024 Highlights: Standard deduction extended, LTCG hike spooks market; Here's what you must know | Mint – Mint

The Income Tax Budget 2024 has announced some key highlights that taxpayers should be aware of. The standard deduction has been extended, providing some relief to taxpayers. However, the hike in Long-Term Capital Gains (LTCG) has caused concern in the market. Here’s a summary of what you need to know about the latest budget changes.