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2 days ago · • The Capital Expenditure Outlay for FY 2024-25 is being increased by 11.1 per cent to Rs. 11,11,111 crore. • 40,000 normal rail bogies will be converted to the Vande Bharat standards.. • Vaccination to prevent cervical cancer. Budget Highlights (Key Features)
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Jun 22, 2024 · Budget 2024: India’s Finance Minister Nirmala Sitharaman will present the Budget for 2024-2025 in late July amidst global uncertainties and conflicts. Business leaders have called for reduced income taxes, increased capital expenditure, and measures to control food inflation.
- PART-A SUMMARY. The Finance and Corporate Affairs Minister Smt Nirmala Sitharaman, while presenting the Interim Union Budget for 2024-2025 in Parliament today announced that the capital expenditure outlay for the next year is being increased by 11.1 per cent to Rs 11,11,111 crore, which would be 3.4 per cent of the GDP.
- PART-B SUMMARY. No change relating to taxation has been proposed in the Interim Budget. The same rates for direct taxes and indirect taxes, including import duties, have been retained.
- Withdrawal of Outstanding direct tax demands. Smt. Sitharaman made an announcement to improve tax payer services which is in line with the government’s vision to improve ease of living and ease of doing business.
- Direct tax collections trebled. Appreciating the tax payers for their support, Smt. Sitharaman said that over the last 10 years the direct tax collections have more than trebled and the return filers swelled to 2.4 times.
- Part A.
- Social Justice. Prime Minister to focus on upliftment of four major castes, that is, ‘Garib’ (Poor), ‘Mahilayen’ (Women), ‘Yuva’ (Youth) and ‘Annadata’(Farmer).
- ‘Garib Kalyan, Desh ka Kalyan’ Government assisted 25 crore people out of multi-dimensional poverty in last 10 years. DBT of Rs. 34 lakh crore using PM-Jan Dhan accounts led to savings of Rs.
- Welfare of ‘Annadata’ PM-KISAN SAMMAN Yojana provided financial assistance to 11.8 crore farmers. Under PM Fasal BimaYojana, crop insurance is given to 4 crore farmers.
11 hours ago · The Union Budget for the financial year 2024–25 will be tabled in the Lok Sabha on July 23. The budget session of the parliament is scheduled to be conducted between July 22 and August 12. While announcing the schedule, Union Minister Kiren Rijiju on his official X handle said, “Hon’ble President of India, on the recommendation of the ...
11 hours ago · The 2024 Union Budget will be presented in the Lok Sabha on 23d July, as approved by President Droupadi Murmu. The budget session will be from 22nd July to 12 August. Budget 2024 Highlights: Union ...
17 hours ago · Budget 2024 Expectations LIVE: The Indian government is set to announce the date of the Union Budget presentation today. Sources indicate that Finance Minister Nirmala Sitharaman is likely to ...
