Conclusion – Union Budget 2024-25

The Union Budget 2024-25 includes some of the most important government schemes, contributions, and financial allocations made by the Indian government. A union budget is an important financial statement that provides an outline of the budgets projected for the upcoming fiscal year. The Union Budget is prepared using real-time analysis of financial and economic data, flexible reactions, and safety-net buffers.

Key Highlights of Union Budget 2024-25

Key Highlights of Union Budget 2024-25: The Interim Union Budget for 2024-25 was presented in the Parliament on 1st February 2024. Finance Minister Nirmala Sitharaman submitted the Union Budget in Parliament earlier today. This was the sixth budget given by the current Finance Minister and the final one of Prime Minister Narendra Modi’s second term. The comprehensive budget will be delivered in July of 2024 after the new government is formed following the Lok Sabha elections.

In this article, we will look into the important highlights and analysis of the Union Budget 2024-25 in detail.

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About Union Budget 2024

The budget concentrated on fiscal consolidation, infrastructure, agriculture, green growth, and railways. However, there were no increases to tax rates, which disappointed salaried individuals. The fiscal deficit target for FY25 was set at 5.1 percent of GDP, which was better than expected, but the FY24 objective was reduced to 5.8 percent. In FY25, the capex target was increased by 11.1% to ₹11.1 lakh crore....

Highlights of Union Budget 2024-25

The following are the key highlights of the Interim Union Budget 2024-25:...

Conclusion – Union Budget 2024-25

The Union Budget 2024-25 includes some of the most important government schemes, contributions, and financial allocations made by the Indian government. A union budget is an important financial statement that provides an outline of the budgets projected for the upcoming fiscal year. The Union Budget is prepared using real-time analysis of financial and economic data, flexible reactions, and safety-net buffers....

FAQs on Union Budget 2024-25

When Union Budget 2024 will be presented?...