Budget 2024: No change in tax regime this year; check old, new tax slabs
Budget | February 01, 2024 13:50 ISTThe finance minister proposed to retain the same direct and indirect tax rates, including import duties.
The finance minister proposed to retain the same direct and indirect tax rates, including import duties.
Ahead of the upcoming Lok Sabha elections, Union Finance Minister Nirmala Sitharaman presented the interim Budget in Parliament. Scroll down to read what the Budget has for the defence sector.
Union Finance Minister Nirmala Sitharaman on Friday presented the interim Union Budget 2024 today. In her budget speech, Sitharaman presented a vision for Viksit Bharat, promoting domestic tourism in islands including Lakshadweep, and building two crore houses among other key announcements.
Find out what the Modi government has done well to promote excellence in technical education by looking at our full list of seven newly created Indian Institutes of Technology (IITs). Explore the details of each IIT, which is carefully arranged by state and city.
Presenting the interim budget for 2024-25, Nirmala Sitharaman said the government is working with an approach to ensure development that is all-round, all-pervasive and all-inclusive.
The schemes aim to support slum dwellers and individuals living on rent, enabling them to purchase or construct their own houses.
Nirmala Sitharaman in the interim Budget announced that forty thousand normal rail bogies will be converted to the Vande Bharat standards to enhance safety, convenience and comfort of passengers.
The government's decision to encourage cervical cancer vaccination for girls aged 9-14 years is a significant step towards reducing the burden of this disease in India.
The government allocates Rs 1 lakh crore to support young entrepreneurs, offering long-term financing with low or zero interest rates and emphasises empowering MSMEs and advancing deep-tech for defence in the Interim Budget.
The Union Cabinet headed by Prime Minister Narendra Modi has approved the pre-election budget 2024-25. Sitharaman, the first full-time woman finance minister of the country, has presented five full budgets since July 2019 and today's interim one.
Presenting her sixth Budget, Union Finance Minister Nirmala Sitharaman emphasised the establishment of a dedicated Department for Fisheries, recognizing the significance of supporting fishermen in the country.
India's Budget 2024, Finance Minister Sitharaman prioritises healthcare with the Ayushman Bharat scheme for Anganwadi workers, a national cervical cancer vaccine program for girls and a unified maternal & child health scheme. Discover key highlights within!
The finance minister attributed the moderated inflation levels to good macroeconomic stability and robust investments.
The fiscal deficit target for the financial year 2024-2025 has been set at 5.10 per cent of GDP.
Finance Minister Nirmala Sitharaman highlighted the implementation of modern farming schemes as a pivotal component of the government's strategy for the agricultural sector.
Sitharaman said that the fiscal deficit in 2024-25 is estimated to be 5.1 per cent of GDP.
Presenting the pre-election Budget, Sitharaman outlined key measures aimed at fostering the continued growth of the agriculture sector. She also emphasised the importance of post-harvest activities.
PM Narendra Modi announced the launch of the economic corridor in September 2023, which involves India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany, and the US.
India's Finance Minister Nirmala Sitharaman presented the final budget of the Modi government in the ongoing term ahead of Loksabha elections. She lauded the sportspersons for their achievement including India's Chess prodigy R Praggnanandhaa who is currently world number one player.
While presenting the pre-election Budget for 2024-25 in the parliament, the finance minister said that the Skill India mission has empowered 1.4 Crore Youth, Upskilled 54 Lakh youth and Propelled Innovation with 3,000 New IITs.
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