What'S New For 2024 Tax Year 2024. The new inflation adjustments are for tax year 2024, for which taxpayers will file tax returns in early 2025. In today's budget 2024, the finance minister nirmala sitharaman has made changes in the income tax slabs and rates for the current financial year.

This ballot measure is more straight forward. The ministry of finance, department of revenue, central board of direct taxes has issued notification no.