Budget 2024 Income Tax Rebate. Tax rebate under section 87a makes tax payable. The interim budget 2024 will not see any increase in tax rebate under the new tax regime, which will be announced on february 1, a senior finance ministry official said.

Additionally, a standard deduction of. The interim budget 2024 will not see any increase in tax rebate under the new tax regime, which will be announced on february 1, a senior finance ministry official said.