Salary Budget Increases For 2024 Year. 4.9 per cent of gdp. The rumors surrounding budget 2024 suggest that finance minister nirmala sitharaman may announce revisions to the income tax slabs.
The survey found employers are budgeting an average increase of 4% in 2024. Us employers plan to raise compensation budgets in 2024 by 3.5% for merit increases and 3.9% for total salary increases for nonunionized employees, but that is lower than the increases of 3.8%.
