Tax Rebate 2024 Trending. Change in tax slabs and hike in standard deduction under new tax regime. Finance minister nirmala sitharaman’s union.

After the revised tax structure under the new tax regime, the refund received has been decreased by rs 5,000 due to latest proposed tax slabs. On april 1, 2024, the federal government increased the carbon tax from $65 per tonne to $80 per tonne, making fossil fuels more expensive.