Union Budget 2024 Live Updates: The interim budget was presented in the month of February in the background of the Lok Sabha elections held this year. From the working class to the farmers, everyone in the country has expectations from the full budget to be presented now.
Budget 2024 Live: The country's budget to be presented today; The attention of the countrymen towards the announcements of Union Finance Minister Nirmala Sitharaman
Budget 2024 Live: The Monsoon Session of the Parliament started from Monday. Union Finance Minister Nirmala Sitharaman is going to present the complete budget of the country today. It will be the first budget of the third term of the Modi government. In this, the constituents of all classes have a lot of hope from this.
In the background of the Lok Sabha elections held this year, the interim budget was presented in the month of February. From the working class to the farmers, everyone in the country has expectations from the full budget presented now. On the first day of the Lok Sabha on Monday, Sitharaman presented the economic survey report in Parliament. The government's focus in the survey is on the private sector and PPP. At this time, it has been estimated by the government that the GDP will be 6.5 to 7 percent of the gross domestic product (GDP) in the financial year 2024-25.
Notably, this estimate is lower than the 8.2 percent growth rate recorded in 2023-24. Apart from that, while the growth rate has been above 7 percent in the last three financial years, this year it will remain below 7 percent, the economic survey report has predicted.
23 Jul 2024 08:47 AM (IST)
The Union Budget will be presented at 11 am
The Union Budget will be presented today at eleven o'clock in the morning. It is said that many important announcements will be made for various sectors. What will be the provisions regarding infrastructure will also be understood. Therefore, this budget has attracted the attention of the country.
23 Jul 2024 08:31 AM (IST)
Hope to get relief in income tax
It is likely that a decision will be taken to give relief to the people in this year's budget. Hope is being expressed to get relief in income tax. It was said to benefit from GDP growth, 17.7% increase in tax collection and Rs 2.1 lakh crore dividend from RBI.
23 Jul 2024 08:20 AM (IST)
Big announcements likely for the education sector
We can become an alternative to China only by focusing on skill development. Therefore, in this budget, it is expected to increase 5 to 6 percent of GDP for the education sector, which is currently 2.5 to 3 percent. Finance Minister Nirmala Sitharaman may make some special announcements to improve the education system and increase the use of artificial intelligence in it.
23 Jul 2024 07:45 AM (IST)
Budget 2024 LIVE: Growth rate to remain below 7 percent
While the growth rate has remained above 7 percent in the last three financial years, this year it will remain below 7 percent, it has been predicted in the Economic Survey Report.
