Georgia 2024 Tax Changes In India. Standard deduction for salaried employees increased to rs 75,000. Change in tax slabs and hike in standard deduction under new tax regime.
Proposed changes include a reduced corporate rate for nonresident taxpayers, holding period changes for capital assets, and a onetime tax settlement option. Budget 2024 changes capital gains tax with two holding periods, impacting investments like stocks, real estate, and mutual funds.