Interim Budget 2024 was presented today by Union Finance Minister Nirmala Sitharaman for the year 2024-25. Her budget speech lasted 56 minutes, her shortest ever. While BJP leaders lauded the budget for its host of measures focusing on realising the resolve of a developed India, the opposition termed it hollow. Indian stock indices took a rollercoaster ride and settled marginally in the red, the day the central government presented its interim Budget for 2024-25. But what were the key highlights from the budget and how does it impact the economy? From Taxation, Agriculture, Energy to Tourism and Infrastructure, here are key budget highlights that you need to know.Also Read: Budget 2024 evokes mixed reactions from hospitality, healthcare and AI sectors
07 February,2024 02:27 PM IST
Union Finance Minister Nirmala Sitharaman on February 01 said the concept of social justice was used as a political slogan in the previous governments, however, today the BJP-led Central government has adopted the idea of social justice into its governance adding that the policies of the Centre has brought "secularism into action, reduced corruption, and prevented nepotism". "This is secularism in action, reduces corruption, prevents nepotism," Finance Minister Nirmala Sitharaman said while presenting the Interim Budget 2024 in Lok Sabha. "Social Justice was largely a political slogan. For our government, social justice is an effective and necessary governance model !! The saturation approach of covering all eligible people is the true and comprehensive achievement of social justice," Nirmala Sitharaman added.
02 February,2024 11:02 AM IST | Mumbai
Union Finance Minister Nirmala Sitharaman on 1st February, presented the Union Interim Budget 2024-25 today. This is her 6th consecutive budget presentation. In her Interim budget 2024 speech, she highlighted the Government’s vision for ‘Viksit Bharat’ and plans to achieve the same looking ahead at ‘Amrit Kaal’ of 2047. She said, "Our government will adopt economic policies that foster and sustain growth, facilitate inclusive and sustainable development, improve productivity, create opportunities for all, help them enhance their capabilities and contribute to generation of resources to power investments and fulfil aspirations...". In her speech, to address fervour for domestic tourism, the finance minister announced floating projects for port connectivity, tourism infra & amenities on islands including Lakshadweep. For further growth of the agriculture sector, the government has pitched to further promote public & private investment in post-harvest activities.
01 February,2024 03:30 PM IST
Prime Minister Narendra Modi hailed the Interim Budget 2024 presented by Union Finance Minister Narendra Modi and said the budget is just like a sweet spot. PM Modi also highlighted that the budget presented the Nirmala Sitharaman caters to the four pillars of Viksit Bharat. Various political leaders also reacted to the budget. Congress MP Shashi Tharoor labelled it as one of the shortest speeches on record in the Budget and termed it disappointing. Defence Minister Rajnath Singh mentioned it as an encouraging budget and said that the government is fully confident of achieving the target of becoming a developed nation by 2047. Congress MP Manish Tewari said that it is a 'vote-on-account' which has only one purpose to keep the government solvent for the first quarter of the current fiscal year.
01 February,2024 03:10 PM IST
Union Finance Minister Nirmala Sitharaman presented the Union Interim Budget 2024-25 today. Congress MP Shashi Tharoor labelled it as one of the shortest speeches on record in the Budget and termed it disappointing. Defence Minister Rajnath Singh mentioned it as an encouraging budget and said that the government is fully confident of achieving the target of becoming a developed nation by 2047. Congress MP Manish Tewari said that it is a 'vote-on-account' which has only one purpose to keep the government solvent for the first quarter of the current fiscal year. Union Minister VK Singh said “Everything will be for 'Vikshit Bharat'...everything has been discussed in the budget to strengthen the economy...". From the opposition MP’s to the ruling government leaders, here’s how the political leaders reacted to the Interim Budget announcement.
01 February,2024 01:31 PM IST
Union Finance Minister Nirmala Sitharaman presented the Union Interim Budget 2024-25 today. This is her 6th consecutive budget presentation. In her interim Budget 2024 speech, she announced that there will be no change in the tax structure. “I do not propose to make any changes relating to the taxation and propose to retain the same tax rates for direct and indirect taxes including import duties”. Finance Minister Nirmala Sitharaman said in her interim Budget speech. She announced proposals for making improvements in the tax-payers services for ensuring ease in living and ease of business. She also proposed to withdraw all pending tax demands up to ₹25,000 till 2009-10 and ₹10,000 till 2014-15; benefiting 1 crore tax payers.
01 February,2024 01:00 PM IST
Union Finance Minister Nirmala Sitharaman is presenting the Union Interim Budget 2024-25. This is her 6th consecutive budget presentation. Nirmala Sitharaman kickstarted her Interim Budget 2024 speech by highlighting the positive transformation in the last 10 years under the Modi Government. The finance minister underlined Skill India Mission, the idea of ‘Viksit Bharat’ and enhancing real income in the rural areas and empowering the poor. Watch her latest budget speech here.
01 February,2024 11:54 AM IST
Finance Minister Nirmala Sitharaman on Feb 01 posed along with her team ahead of presentation of Budget 2024. It will be her sixth Budget as the Finance Minister and last in the second term of the Modi Government. She will table the interim budget 2024 before the country heads for Lok Sabha Polls later this year.
01 February,2024 10:44 AM IST
Interim Budget 2024 is just a day away. The budget to be presented by Nirmala Sitharaman on 1st February will be an Interim Budget that will include the current government’s temporary financial plan through which it can meet its operational needs until a new government is formed after the Lok Sabha elections 2024. It is then that the complete Union Budget 2024 will be presented. But do you know who presented the first budget and how Halwa plays an important role in the Budget tradition? From the instance of Budget leakage to breaking the colonial budget traditions, here are some interesting facts about India’s budget that you might not know.
31 January,2024 07:00 PM IST
President Droupadi Murmu departed from Rashtrapati Bhavan for the New Parliament building. The Parliament Budget Session 2024 began with her address to the joint sitting of both Houses. This was her first address in the new Parliament building. The last session before Lok Sabha polls expected to be held in April-May this year is to provide a total of eight sittings spread over a period of 10 days. Finance Minister Nirmala Sitharaman will present the interim budget 2024 on February 1.
31 January,2024 01:11 PM ISTADVERTISEMENT
