Emphasizing the necessity for a budget that addresses the needs of the middle class and the underprivileged, Congress President Mallikarjun Kharge praised the 1991 Budget presented by former Finance Minister Manmohan Singh, noting that it spurred India's growth trajectory.
The Union Budget outlines the government's revenue and expenditure plans for the upcoming fiscal year, while the budget for the Union Territory of Jammu and Kashmir is a significant event considering the developmental needs.
The changes in the capital gain taxes have been announced to make the rates simple to understand people so that they can understand their tax rates well, said Revenue Secretary, Sanjay Malhotra.
Congress MP Manickam Tagore on Wednesday gave an adjournment motion notice in Lok Sabha and demanded a discussion over the "negligence" of Tamil Nadu in the Union Budget 2024 presented by Finance Minister Nirmala Sitharaman.
"The way there has been major expenditure of defence, rural development, agriculture, education, IT, health, energy and software, commerce and industry, it seems that this is a pro budget for 'gaanv', 'gareeb' as well as the industrial sector," Sawant said speaking to the media on Tuesday.
Commending the Union Budget 2024, Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum, said that it is a pretty balanced budget, focused on job creation.
The US-India Strategic Partnership Forum (USISPF) commended Union Budget 2024, and said that the inaugural budget of Modi 3.0 supports both consumers at home and foreign investors with steps to enhance the ease of doing business in India.
Chief Minister Pinarayi Vijayan on Tuesday accused the Centre of neglecting Kerala and said that the budget presented in Parliament by Union Finance Minister Nirmala Sitharaman displayed a discriminatory attitude towards the states.
"The budget for the financial year 2024-25 presented on Tuesday is truly a people-oriented budget. This budget is for the overall development of the poor, youth, women, and farmers. I want to thank Union Finance Minister Nirmala Sitharaman and Prime Minister Narendra Modi for the inclusive b
Union Minister Rajiv Ranjan (Lalan) Singh expressed contentment with the allocation of funds in the Union Budget 2024 and said that the budget has plenty of packages for Bihar in every sector, such as infrastructure, tourism or irrigation.
Andhra Pradesh was given a special focus in the Union Budget, with Finance Minister Nirmala Sitharaman announcing special financial support to address the state's need for capital.