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Budget 2024 -25 increased standard deduction of salaried employees from ₹ 50,000/- to ₹ 75,000/- for those opting for new tax regime. Similarly, deduction on family pension for pensioners enhanced from ₹ 15,000/- to ₹ 25,000/-. Union Budget 2024: The Union Budget for fiscal year 2024-25 will be presented to the Lok Sabha on July 23 . The Budget Session of Parliament will be held from July 22 to August 12. The Chancellor of the Exchequer presented her Autumn Budget 2024 to Parliament on Wednesday 30 October 2024 . Finance Minister Nirmala Sitharaman is set to present the Union Budget for 2024-2025 on July 23, 2024 , at 11:00 a.m. IST in Parliament. For live updates and comprehensive post-budget analysis,...