According to a press release by the Miistery of Finance, Sitharaman, while addressing the Parliament, underscored the government's commitment to inclusive development.
Heaping praise on the Interim Budget 2024-25, Union Home Minister Amit Shah on Thursday said that the budget draws the roadmap to achieve PM Modi's vision of a developed Bharat by 2047.
Congress MP Karti Chidambaram on Thursday termed the 2024 interim budget a "mere administrative exercise" that contained nothing except "obligatory self-congratulatory, self-praise phrases."
According to a press release by the Ministry of Finance, this initiative aims to propel private investment in sunrise technologies, heralding what the Finance Minister described as a "golden era for our tech-savvy youth."
"In keeping with convention, I do not propose to make any changes relating to taxation and propose to retain the same tax rates for direct and indirect taxes including import duties."
Union Finance Minister Nirmala Sitharaman on Thursday said the concept of social justice was used as a political slogan in the previous governments, however, today the BJP-led Central government has adopted the idea of social justice into its governance adding that the policies of the cen
Union Finance Minister Nirmala Sitharaman in her interim budget speech on Thursday, said that the government will encourage vaccination for girls in the age group of 9 to 14 years for the prevention of cervical cancer.
"The most important thing is that before the white paper will come, the new Indian voter will definitely observe how terrible India's condition was before 2014 and what not has India achieved in the last 10 years," she added.
As expected and in relief for the citizens, the central government neither tweaked nor put any additional tax burden on citizens, in the interim Budget for 2024-25 tabled by Union Finance Minister Nirmala Sitharaman.
"The immediate reaction would be the consolidation of the fiscal deficit. Our recommendation initially was a 5.4% fiscal deficit, but it's now 5.1%, which is a very significant step forward, but at the same time, does not sacrifice the focus on growth. So the capex spend has increased by
Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman on Thursday pegged the fiscal deficit target for 2024-25 at 5.1 per cent of gross domestic product (GDP).