Finance Minister Nirmala Sitharaman will present the Union Budget 2024 in Parliament today. This will be the interim budget as it comes ahead of the Lok Sabha Elections.
Finance Minister Nirmala Sitharaman will present the Union Budget in Parliament on February 1, 2024. Since this is an election year, it is going to be an interim budget.
Finance Minister Nirmala Sitharaman will have to do a tight-rope walk between staying fiscally prudent and general public expectations of lower taxes and a wider social security net, while at the same time firing the engines of the economy before general elections.
India's economic growth is forecast to be 6.5 per cent in fiscal 2024, according to the Economic Survey released by the government a day ahead of the Union Budget presentation.
Budget Session 2023: President Droupadi Murmu said India has a "fearless, decisive government today" as she addressed parliament on the opening of the Budget session this morning.
Capital expenditure spending in India increased by 63.4 per cent in the first eight months of 2022-23 according to the Economic Survey document for 2022-23, which was tabled in Parliament on Tuesday.