The 2023-24 Budget has made quite a buzz on the tax front. As far as individuals are concerned, most of the spotlight has been focused on the new tax regime, thanks to the relaxed tax slabs. But this comes at the cost of disincentivising saving and investment behaviour. While these shake-ups shouldn't matter to disciplined savers like yourself who should continue with their savings and investments, you can check our updated tax calculator to find which regime suits you better. However, from a retirees' perspective, one of the highlights was the announcement of the rise in the upper limit for SCSS (a government-backed saving scheme
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