Budget 2024: Finance Minister Nirmala Sitharaman’s 6th Budget in a row, months ahead of Lok Sabha polls
Union Budget 2024 (Interim) in PHOTOS: Union Finance Minister Nirmala Sitharaman presented the interim Budget today, months ahead of the Lok Sabha polls.
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Union Finance Minister Nirmala Sitharaman presented the interim Budget today, months ahead of the Lok Sabha polls. (Express Photo by Tashi Tobgyal)
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The Budget session of Parliament kicked off on January 31 and will continue till February 9. (Express Photo by Tashi Tobgyal)
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The Budget report indicates an anticipated real economic growth of 7% in the coming year, with growth being driven by healthy domestic demand and supply side measures. (Express Photo by Tashi Tobgyal)
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The Budget reflects the continuation of the lower tax regime for individuals introduced in 2020. This regime eliminates investment-related deductions or exemptions, offering a simplified structure with more tax slabs. The objective was to benefit individuals unable to make investments for claiming deductions. (Express Photo by Tashi Tobgyal)
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The Budget reiterates India's ambition to become the third-largest global economy, aiming for a GDP of $5 trillion within the next three years, and says that it can aspire to become a $7 trillion economy by 2030. (Express Photo by Tashi Tobgyal)
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The government, in alignment with its fiscal strategy outlined in the 2021-22 Union budget speech, maintains a fiscal deficit target of below 4.5% by the fiscal year 2025-26. Despite a current fiscal deficit of 5.9% in 2023-24, a reduction of 1.4 percentage points is outlined for the target year. (Express Photo by Tashi Tobgyal)
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Budget 2024 is likely to be a report card of the Modi government’s triumphs over the last decade. (Express Photo by Tashi Tobgyal)
