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Union Finance Minister Nirmala Sitharaman will present the budget for FY2024-25 on July 23. With inflation rising rapidly, salaried individuals are anticipating relief from the upcoming budget. For several years, there has been little to no significant change in tax slabs, deductions, or exemptions. Many are hopeful that this budget will address these concerns and provide some much-needed tax relief. Keep watching to stay informed about the potential impacts and updates on tax policies that may affect you. Stay tuned for a detailed analysis of how the new budget could influence your finances and what adjustments might be on the horizon.
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