Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman in her Union Budget Speech shared a number of major announcements that will provide substantial benefits to the salaried taxpayers of the country. To attract the growing middle-class section, the Finance Minister announced changes pertaining to rebate, current tax structure and an extension of benefit of standard deduction, among other things. The latest Union Budget also announced several technological measures in order to smoothen the taxpaying process for the salaried class. Let us look at the top seven Budget 2023 updates salaried taxpayers need know about: