Union Budget 2024 News

In the budget speech, Finance Minister emphasized that the government's focus on four crucial parts of society, the poor, women, youth and farmers. "We need to focus on the garib (poor), mahilaye (women), yuva (youth), and annadata (Farmers)," she said....

The Finance Minister announced that increasing the participation of women in the workforce will be a priority. This will be facilitated by setting up hostels and creating partnerships to organize women-specific skilling programs....

Addressing geopolitical challenges, including the impact of Artificial Intelligence (AI), the survey warned of uncertainties that could hinder India's development ambitions. It called for strategic collaborations between governments and the private sector to mitigate these challe...

Union Finance Minister Nirmala Sitharaman will present the Union Budget 2024-25 on July 23, 2024 in Parliament. Generally, budget is presented on February 1, but this year due to elections it got delayed and will be presented today....

There is also considerable discourse around rationalising tax slabs to make the system more equitable. Currently, the 20% tax bracket for income between Rs 12-15 lakh annually and the 30% bracket for incomes above Rs 15 lakh may see adjustments. ...