Nirmala Sitharaman Interim Budget and Highlights | Union Budget 2024 2025 Highlights In Hindi |

Nirmala Sitharaman Interim Budget and Highlights | Union Budget 2024 Highlights In Hindi |

Unveiled on February 1st, 2024, the Union Budget is the most anticipated financial statement in India.
Budget 2024 Key Highlights: The Interim Union Budget for the financial year 2024-25 was tabled in the Parliament by Finance Minister Nirmala Sitharaman earlier today. From income tax to green energy and tourism, let's take a look at the 14 key highlights of the 2024 Interim Budget.

The Interim Union Budget for the financial year 2024-25 was tabled in the Parliament by Finance Minister Nirmala Sitharaman earlier today. This was the sixth budget presented by the current FM and the last one of Prime Minister Narendra Modi-led government's second term.

The full budget will be presented in July this year after the new government is formed post the Lok Sabha Elections.
The budget focused on fiscal consolidation, infra, agri, green growth, and railways. However, no changes were made in the tax rates, which was a disappointment to salaried individuals.

The Fiscal Deficit target for FY25 was set at 5.1 per cent of the GDP, better than expected, while the FY24 target was also revised down to 5.8 per cent. Meanwhile, the capex target of FY25 was increased by 11.1 per cent to ₹11.1 lakh crore.

"The Indian economy has witnessed a positive transformation in the last 10 years. People are looking towards the future with hope. In 2014, the country was facing enormous challenges. With Sabka Saath, Sabka Vikaas, the Narendra Modi-led government overcame those challenges," said Finance Minister Sitharaman in her budget speech.

Source - Mint
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