Budget 2024: The Interim Budget 2024 proposes to withdraw such tax demands up to Rs 25,000 till the financial year 2009-10, and up to Rs 10,000 for five financial years till March 2015, in a move expected to benefit about one crore tax assessees.
Meanwhile, the Interim Budget 2024 has raised the share of direct and indirect tax collections to the overall revenue collections to 63 per cent, as against 58 per cent the previous year, Budget documents show.
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