Finance Minister Sitharaman announced several measures to bolster MSMEs and the manufacturing sector in the Union Budget 2024.
The government can adjust who it taxes and by how much. For example, if the government wants to promote businesses in a specific economic sector — believing this will leverage India's demographic advantages, create jobs, and boost prosperity
Leader of the Opposition in the Lok Sabha, Rahul Gandhi, lambasted Finance Minister Nirmala Sitharaman's Union Budget.
"The Budget for Viksit Bharat ensures inclusive growth, benefiting every segment of society and paving the way for a developed India,” stated PM Modi
The total expenditure was 44,42,542 crore, with capital expenditure at 9,48,506 crore compared to the estimated `9,50,246 crore.
Finance Minister Nirmala Sitharaman has laid out a comprehensive plan to enhance the nation's infrastructure, in the Union Budget 2024-25.
Smt. Nirmala Sitharaman proposed to abolish ‘angel tax’ for all classes of investors, while presenting the Union Budget 2024-25 in Parliament.
Sitharaman stated that the changes announced in the Budget would allow salaried employees in the new tax regime to save up to ₹17,500 in income tax annually. Read on to know more
The new tax regime has introduced several measures to provide tax relief to individuals and promote investment and employment.
PM Narendra Modi addressed the nation on the occasion of Union Budget 2024
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