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Budget 2024 income tax: Some relief for taxpayers; outstanding personal tax demands up to Rs 25,000 withdrawn; details here

IndiaTimes Thursday, 1 February 2024
During the Budget 2024 speech, Finance Minister Nirmala Sitharaman announced the removal of disputed direct tax demands up to Rs 25,000, benefiting approximately 1 crore taxpayers. The proposal aims to address unresolved tax demands from FY 2009-10 and FY 2010-11 to 2014-15.
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