Budget 2024: PM Modi said Nirmala Sitharaman will present a strong budget
New Delhi:
Finance Minister Nirmala Sitharaman will present her seventh consecutive Budget today – Tuesday, July 23. The Budget for 2024-25 is being considered the action plan for the Modi 3.0 government to outline a roadmap towards India’s development in the next five years.
In a major tax relief for salaried individuals, industry experts are expecting an increase in the basic exemption limits under both the old and new tax regimes. The government may also rationalise the capital gains taxation structure.
Prime Minister Narendra Modi yesterday had said that the Finance Minister will present a strong budget, adding that he will ensure that the government’s guarantees reach the common man.
Nirmala Sitharaman yesterday – on the first day of the Monsoon Session of Parliament – tabled the Economic Survey in Parliament. Ms Sitharaman said FY24 growth is an estimated 8.2 per cent with the economy crossing the 8% mark in three of four quarters. India’s Gross Domestic Product (GDP) is likely to grow at 6.5% to 7% in the current fiscal year amid global challenges, the survey said.
Stay tuned to our live blog as we bring all the relevant developments and updates on Union Budget 2024.
Here Are The Live Updates On Union Budget 2024:
Union Budget 2024 Live: PM Modi On Budget
Prime Minister Narendra Modi yesterday had said that the Finance Minister will present a strong budget, adding that he will ensure that the government’s guarantees reach the common man. “After 60 years, a government has returned to power for the third time and is going to present its first budget of its third term,” he said.
Budget 2024 Live: Economic Survey Tabled
The Economic Survey 2023-24 was tabled in both houses of Parliament yesterday – the first day of the Monsoon session of Parliament.
Finance Minister Nirmala Sitharaman will present her record seventh consecutive Union Budget today.
