Budget 2024 expectations: Can taxpayers expect any reprieve in tax rates, business friendly tax climate? - Budget 2026 News

With the union government all set to present the interim Budget for the fiscal year 2024-25 on February 1, 2024, tax payers are expecting announcements like concessional corporate tax rate for new manufacturing companies, incentivising exports through the tax holiday regime, promoting R&D through weighted deductions, among other things.