Budget 2024: PM Modi praised the Union Budget
New Delhi:
Finance Minister Nirmala Sitharaman presented her seventh consecutive Budget in Parliament today – Tuesday, July 23. Nirmala Sitharaman announced key employment schemes and also revised the tax structure in the new tax regime, while the slabs in old tax regime remain unchanged.
The Finance Minister announced a major reduction in customs duty on cancer medicines and mobile phones. Imported gold, silver, leather goods and seafood will also get cheaper.
The Budget for 2024-25 is being considered the action plan for the Modi 3.0 government to outline a roadmap towards India’s development in the next five years.
Prime Minister Narendra Modi praised the Union Budget presented by Nirmala Sitharaman.
Stay tuned to our live blog as we bring all the relevant developments and updates on Union Budget 2024.
Here Are The Live Updates On Union Budget 2024:
A reduction in import duties on gold to 6% from 15% spells good news for those looking to buy the yellow metal.
The only thing in the Budget that was noteworthy was abolishing the Angel Tax, said Shashi Tharoor
Budget 2024 Live: PM Modi On Budget
This Budget will act as a catalyst to ensure India becomes the third largest economy globally in the next few years.
This Budget is development-focussed and will increase investment in infrastructure, says PM Narendra Modi
Angel tax being abolished, creating new satellite towns, new transit plans will take India towards the goal of a developed nation, says PM Narendra Modi
We aim to make India a global manufacturing hub, says PM Narendra Modi
Budget 2024 Live: PM Modi On Budget
This Budget is women-focussed, and will help towards women-led development and more participation of women in the overall workforce.
Budget 2024 Live: PM Modi Praises Nirmala Sitharaman’s Budget
Prime Minister Narendra Modi praised Nirmala Sitharaman for announcing job schemes in Union Budget 2024
Experts say the exemptions announced in the new regime will encourage more taxpayers to shift to new regime
Rural demand for two-wheelers and tractors can get a leg-up from the allocation of Rs 1.52 lakh crore for agriculture and allied activities.
Budget 2024 Live: Amit Shah On Budget
The Union Budget 2024 presented by Nirmala Sitharaman fortifies Bharat’s newfound sense of purpose, hope, optimism
Nirmala Sitharaman announced lower stamp duy for women property owners
Budget 2024 Live: Rupee Weakens To Record Low
The Rupee weakened 4 paise to a record low of 83. 70 against the US dollar after Nirmala Sitharaman presented the Union Budget
Nirmala Sitharaman announced a major reduction in customs duty on cancer medicines and mobile phones. Imported gold, silver, leather goods and seafood will also get cheaper.
Senior Congress leader P Chidambaram took a swipe at Finance Minister Nirmala Sitharaman and said that she had virtually adopted the Employment-linked incentive outlined in the Congress manifesto.
Budget 2024 Live: Markets Fall After Budget Speech
Sensex trades 400 points lower as Budget raises tax on capital gains, derivatives trading
Salaried employees under new tax regime to save up Rs 17, 500 annually in taxes, says Nirmala Sitharaman
New tax regime slabs to be changed, standard tax deduction increased from 50,000 to 75,000, says Nirmala Sitharaman
Changes In New Income Tax Regime Slab
0-3 lakh : Nil
3-7 lakh: 5%
7-10 lakh: 10%
10-12 lakh: 15%
12-15 lakh: 20%
Above 15 lakh: 30%
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
To abolish angel tax for all classes of investors, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Unlisted bonds, debentures, debt mutual funds, market-linked debentures to be taxed at slab rate, says Nirmala Sitharaman
Short-term gains on some financial assets to attract 20%, says Nirmala Sitharaman
Two tax exemption regimes for charities to be merged into one, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Government to reduce customs duty on gold, silver to 6%, platinum to 6.4%, says Nirmala Sitharaman
Government to exempt three more medicines for cancer treatment from customs duty, says Nirmala Sitharaman
To simplify and rationalize the tax structure for ease of business, says Nirmala Sitharaman on GST
Comprehensive integration of e-Shram portal with other portals to be undertaken, says Nirmala Sitharaman
Venture capital fund of Rs 1000 crore to be set up to encourage space technology development, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Comprehensive development of Vishnupad Temple Corridor and Mahabodhi Temple Corridor will be supported, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
The government will provide assistance to Assam for flood management, irrigation projects, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
FY25 allocation towards CAPEX set at Rs 11.11 lakh crore, says Nirmala Sitharaman
PM Surya Ghar Muft Bijli launched to install roof-top solar for 1 crore households, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Government to launch scheme to develop 100 street food hubs in select cities over five years, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Transit oriented development programmes for 14 large cities with population above 30 lakh will be formulated, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Rental housing with dormitory-type accommodation for industrial workers to be facilitated in PPP mode with VGF support, says Nirmala Sitharaman.
Internship in 500 top companies to be encouraged. Internship allowance of Rs 5000 and one-time assistance of Rs 6,000 to be provided under internship scheme, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Mudra loans limit to be enhanced to Rs 20 lakh from Rs 10 lakh, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Credit guarantee scheme for MSMEs in manufacturing to be introduced, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Rs 15,000 crore to be arranged for Andhra Pradesh in FY25 for development of its capital, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Four expressway and bridge projects worth Rs 26,000 crores for Bihar, says Nirmala Sitharaman
Model skill loan scheme to be revised to facilitate loans up to Rs 7.5 lakh with guarantee from government-promoted fund, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Incentive to be provided at specified scale both to employee, employer in first four years of employment, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
Scheme for first timers – government will provide 1 month wage to all people newly entering workforce in all sectors, says Nirmala Sitharaman
Budget 2024 Live: Nirmala Sitharaman’s Budget Speech
1 crore farmers to be initiated into natural farming over 2 years, says Nirmala Sitharaman
Productivity and resilience in agriculture
Employment and skilling
Improved human resources, social justice
Manufacturing and services
Urban development
Energy security
Infrastructure
Innovation, research and development
Next generation reforms
India’s inflation continues to be low, stable, moving towards 4% target, says Nirmala Sitharaman
Budget to focus on employment, skilling, MSMEs, middle class, says Nirmala Sitharaman
India’s economic growth continues to be the shining exception, will remain so in years ahead, says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman is presenting her seventh consecutive Budget in Parliament
Budget 2024 Live: Lok Sabha Convens For Budget
The Lok Sabha has concened as Nirmala Sitharaman will shortly present the Budget
The Cabinet, chaired by Prime Minister Narendra Modi, has approved the Union Budget 2024
Budget 2024 Live: Copies Of Budget Brought To Parliament
Copies of Budget have been brought to Parliament. Finance Minister Nirmala Sitharaman will present the Budget at 11 am
Sensex and Nifty gave up their early gains and traded in negative territory ahead of the Budget
A cabinet meeting is underway to approve the Union Budget. Amit Shah, Rajnath Singh are present at the meeting chaired by PM Modi.
Budget 2024 Live: Nirmala Sitharaman Reaches Parliament
Finance Minister Nirmala Sitharaman arrived at Parliament after meeting President Droupadi Murmu. She will present the Union Budget 2024 at 11 am
Finance Nirmala Sitharaman is expected to focus on agriculture, Capex, Infra spending and manufacturing push in Union Budget 2024
Investors and analysts expect key announcements in Budget 2024 that are expected to shape the future of India’s financial landscape.
Finance Minister Nirmala Sitharaman has left for Rashtrapati Bhavan to call on President Murmu
The pre-Budget Economic Survey has forecast 6.5-7% growth for fiscal 2025. The survey was tabled by Nirmala Sitharaman in Parliament yesterday
Minister of State, Finance, Pankaj Chaudhary said that the budget is based on PM Narendra Modi’s mantra of ‘Sabka Saath Sabka Vikas’.
Budget 2024 Live: Markets In Green Ahead Of Budget
Sensex opens 220 points higher at 80,740 ahead of Union Budget 2024, Nifty up 59 points
Finance Minister Nirmala Sitharaman poses with tablet in red sleeve ahead of Budget 2024
In first major policy announcement, Finance Minister Nirmala Sitharaman – while presenting the first budget of Modi 3.0 government, is likely to annpounce more measures for job creation
After Nirmala Sitharaman presents Union Budget 2024 in Parliament, both Lok Sabha and Rajya Sabha are expected to have a 20-hour discussion on it
Finance Minister Nirmala Sitharaman was pictured wearing a white saree with a violet border as she arrived at the Finance Ministry ahead of Union Budget 2024
Finance Minister Nirmala Sitharaman has reached Parliament. She will present the Budget at 11 am. Chief Economic Advisor V Anantha Nageswaran has also arrived at Ministry of Finance
#Delhi | Finance Minister Nirmala Sitharaman leaves from her residence. She will present the Union Budget today at the Parliament.#BudgetWithNDTV#Budget2024#NirmalaSitharamanpic.twitter.com/Wl5q5goqcp
– NDTV (@ndtv) July 23, 2024
Budget 2024 Live: Longest Budget Speech
Finance Minister Nirmala Sitharaman delivered the longest speech in the history that lasted for two hours and forty minutes in February, 2020
Budget 2024 Live: How To Watch Budget Live
The Finance Minister’s address will also be available to stream live via the NDTV app and live TV. The NDTV YouTube channel will also broadcast the Budget 2024 live on July 23. For more updates, track the NDTV live blog coverage.
Budget 2024 Live: How Did Markets End Yesterday?
Stock Markets closed lower on muted earnings last evening with benchmark Sensex dropping 102 points
Budget 2024 Live: What’s Stored For Manufacturing Sector
The budget is likely to retain production-linked incentive (PLI) schemes. The government may also consider PLI for components in some industries to stop reliance on cheap imports
The government has issued subsidies worth $1.38 billion in the last five years o drive the adoption of electric vehicles (EVs). Experts say the budget is likely to retain the quantum
Budget 2024 Live: What Real Estate Expects
The government may introduce an interest subsidy scheme for urban housing. The budget may also allocate more funds for affordable housing.
Finance Minister Nirmala Sitharaman will present her record 7th budget today at 11 am in Parliament. Meet her team.
Hon’ble Union Finance Minister Smt. @nsitharaman, hon’ble MoS (F) Sh. @mppchaudhary with the CBDT Budget team on the eve of Union Budget.
Secretary, Revenue, Sh. Sanjay Malhotra, Chairman, CBDT Sh. Ravi Agrawal & Member, CBDT Smt. Pragya Saksena are also present…. pic.twitter.com/9xrqY9tQ71
– Income Tax India (@IncomeTaxIndia) July 22, 2024
Budget 20204 Live: Opposition On Economic Survey
Congress party chief Mallikarjun Kharge has called the Economic Survey – presented in boith houses of Parliament yesterday a day ahead of Budget – an exercise in cherry-picking.
Finance Minister Nirmala Sitharaman – who will present her record 7th budget today – described the Indian economy as being on a “strong wicket and stable footing” and resilient in the face of geopolitical challenges.
Budget 2024 Live: New tax regime vs old regime
Understanding income tax slabs is crucial for the citizens and hence choosing the right regime – old or new – requires careful consideration.
Like previous three years, Nirmala Sitharaman will present this year’s budget also in paperless format.
Nirmala Sitharaman is likely to announce tax relief for the middle class. It will be the most anticipated part of her Budget speech.
Union Budget 2024 Live: PM Modi On Budget
Prime Minister Narendra Modi yesterday had said that the Finance Minister will present a strong budget, adding that he will ensure that the government’s guarantees reach the common man. “After 60 years, a government has returned to power for the third time and is going to present its first budget of its third term,” he said.
Budget 2024 Live: Economic Survey Tabled
The Economic Survey 2023-24 was tabled in both houses of Parliament yesterday – the first day of the Monsoon session of Parliament.
Finance Minister Nirmala Sitharaman will present her record seventh consecutive Union Budget today.
