Budget LIVE

Budget 2024 Buzz: Key Updates and Highlights Live

Catch the latest updates and highlights from Finance Minister Nirmala Sitharaman's Interim Budget presentation. Stay tuned for insights on fiscal deficit, tax changes, and more!

As Finance Minister Nirmala Sitharaman takes the stage to present Budget 2024, the anticipation is high for the key highlights and updates. The Interim Budget will unveil expenditures, revenues, and fiscal targets until the new government's formation. With expectations on infrastructure, income tax, and fiscal deficit, all eyes are on the Finance Minister's announcements.

During today's presentation, no changes were made to the direct and indirect tax structures, and the fiscal deficit target for the fiscal year 2024-25 is set at 5.1% of the GDP. Additionally, there is speculation on potential extensions of the National Pension Scheme (NPS) and other welfare announcements for women and farmers.

The Budget speech also included significant announcements such as providing free electricity to one crore households with solar rooftop systems. Meanwhile, the Income Tax slabs for the fiscal year 2024-25 were revealed, shaping the financial landscape for the upcoming year.

In a surprising move, Finance Minister Nirmala Sitharaman concluded her speech without major Capex outlay announcements, leading to further analysis on the government's expenditure plans. This Budget session marks a pivotal moment in India's economic planning and sets the tone for the financial year ahead.