2024 Budget Highlights. Rachel reeves vowed to “restore stability” to the british economy as she unveiled £40bn of tax rises in labour’s first budget in 14 years. Rachel reeves, the chancellor, says that labour’s first budget in 14 years will raise taxes by £40 billion

From income tax to employment benefits, let’s take a look at the 14 key highlights of the 2024 budget: Salaried employees can save up to ₹ 17,500 in income tax under new tax slabs.