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 her 7th record Union Budget, Nirmala Sitharaman is expected to announce an increase in the basic exemption limits under both old and new tax regimes in a huge relief for the middle class.
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.
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:
Budget 2024 Live: How Did Markets End Yesterday?
Stock Markets closed lower on muted earnings last evening with benchmark Sensex dropping 102 points
Budget 2024 Live: What’s Stored For Manufacturing Sector
The budget is likely to retain production-linked incentive (PLI) schemes. The government may also consider PLI for components in some industries to stop reliance on cheap imports
The government has issued subsidies worth $1.38 billion in the last five years o drive the adoption of electric vehicles (EVs). Experts say the budget is likely to retain the quantum
Budget 2024 Live: What Real Estate Expects
The government may introduce an interest subsidy scheme for urban housing. The budget may also allocate more funds for affordable housing.
Finance Minister Nirmala Sitharaman will present her record 7th budget today at 11 am in Parliament. Meet her team.
Hon’ble Union Finance Minister Smt. @nsitharaman, hon’ble MoS (F) Sh. @mppchaudhary with the CBDT Budget team on the eve of Union Budget.
Secretary, Revenue, Sh. Sanjay Malhotra, Chairman, CBDT Sh. Ravi Agrawal & Member, CBDT Smt. Pragya Saksena are also present…. pic.twitter.com/9xrqY9tQ71
– Income Tax India (@IncomeTaxIndia) July 22, 2024
Budget 20204 Live: Opposition On Economic Survey
Congress party chief Mallikarjun Kharge has called the Economic Survey – presented in boith houses of Parliament yesterday a day ahead of Budget – an exercise in cherry-picking.
Finance Minister Nirmala Sitharaman – who will present her record 7th budget today – described the Indian economy as being on a “strong wicket and stable footing” and resilient in the face of geopolitical challenges.
Budget 2024 Live: New tax regime vs old regime
Understanding income tax slabs is crucial for the citizens and hence choosing the right regime – old or new – requires careful consideration.
Like previous three years, Nirmala Sitharaman will present this year’s budget also in paperless format.
Nirmala Sitharaman is likely to announce tax relief for the middle class. It will be the most anticipated part of her Budget speech.
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.