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Union Finance Minister Nirmala Sitharaman presented the Interim Budget, 2024, on February 1. She said the government’s focus was on four major ‘castes’ — women, youth, poor and farmers Here are the highlights of the Interim Budget 2024 TAX No changes in tax structure for direct and indirect taxes, including import duties No tax liability…
Budget breakdown: Union Finance Minister Nirmala Sithaman addresses the press conference after presenting the Union Interim Budget 2024 at Parliament, at the National Media Centre, in New Delhi on Thursday. | Photo Credit: ANI A sector-wise split of the budgeted expenditure in FY25 shows that of the 26 sectors for which data was analysed, allocation…
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Watch | What’s in it for the Aviation sector? | Interim Budget 2024 Source link
Rural development schemes: Workers engaged in the MNREGS works at Siddharampuram in Anantapur district. | Photo Credit: Prasad RVS In FY25, the government is expected to spend ₹2,65,808 crore on rural development. The allocation marginally increased by ₹26,824 crore, when compared with the revised estimates for the year FY24. However, the increase in the overall…
Higher education Budget allocation: Indian Institute of Technology (IIT) Delhi main gate, in New Delhi. | Photo Credit: Sandeep Saxena In FY25, the government is expected to spend ₹47,619 crores on higher education. The allocation declined by ₹9,624 crore, when compared with the revised estimates for the year FY24. The reduction in overall spending on…
Finance Minister Nirmala Sitharaman on Wednesday, February 1, presented the last full budget of the Narendra Modi government before the 2024 general elections. The Minister announced a range of new initiatives, revised income tax slabs and customs duty, and sops for agriculture and energy transition. The Union Budget 2023-24 document also listed the new allocations…
