Budget 2024: Tax Cuts Announced for Middle Class, LTCG & STCG Rates Hiked Budget 2024: Tax Cuts Announced for Middle Class, LTCG & STCG Rates Hiked FM Sitharaman revises tax slabs under the new regime, announces tax benefits up to Rs 17,500. Ashwin Urkude / Tuesday, July 23, 2024 / Article rating: 5.0 FM Sitharaman revises tax slabs under the new regime, announces tax benefits up to Rs 17,500.