Interim Budget 2024

It was expected the FM can announce some exemptions for new tax regime. However, tax payers are not expecting much because of past few years trend, but no change is income tax slabs is extremely disappointing for common man and the middle class.

India is the fastest growing major economy in the world and in the coming years will become the world’s third largest economy with a $5 trillion GDP.

The government is working to make India a developed country by 2047, Finance Minister Nirmala Sitharaman said on Thursday. Presenting the interim Budget 2024-25, Sitharaman also said minimum support prices for ‘annadata’ (farmers) have been increased periodically and appropriately. 

The government on Thursday announced the extension of healthcare cover under Ayushman Bharat to all ASHA and anganwadi workers. 

The government has also increased the defence budget this year by Rs. 6.2 lakh crore, which will constitute around 8% of the total expenditure.

Leave a comment