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Finance Minister Nirmala Sitharaman Announces Withdrawal Of Long-Standing Tax Dues In Interim Budget

Union Finance Minister Nirmala Sitharaman announced in her 2024 budget speech that overdue tax demands, spanning from 1962 to FY 2010 with an amount of Rs. 25,000, and Rs. 10,000 thereafter, are slated for withdrawal., Budget 2024 News, Times Now

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Interim Budget 2024: Check full text of FM Nirmala Sitharaman's speech here

The Finance Minister presented the Interim Budget 2024 in a speech that lasted for 48 minutes. The budget focuses on four main areas: women, poor, farmers, and youth. The government aims to empower the poor and has implemented various programs to achieve this. Direct Benefit Transfer has resulted in significant savings for the government, which has been used for the welfare of the poor. The budget also highlights initiatives for women empowerment, youth development, agriculture, infrastructure, and taxation reforms.

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