Union Finance Minister Nirmala Sitharaman presented the Interim Budget 2024 on Thursday. This was her sixth Budget as Finance Minister.
At 58 minutes, this was her shortest budget speech. As expected, there were no major announcements as the full budget will be presented after the general elections are held a few months from now.
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Budget 2024 Funny Memes And Reactions
Nirmala Sitharaman on Thursday hiked capital expenditure by 11% for the next fiscal to sustain world-beating economic growth rate while trimming the deficit in a reform-oriented interim budget that also gave relief to common man from disputed small tax demands of up to Rs 25,000.
Presenting a vote on account or an interim budget for 2024-25, Sitharaman proposed no changes in income tax rates for individuals and corporates, as well as customs duty.
In less than an hour-long budget speech, she presented the Modi government's achievements in the last 10 years that transformed India from being a 'fragile' economy to the world's fastest-growing major economy.
Stating that every challenge of the pre-2014 era was overcome through economic management and governance, she said the government, in its July budget, will present a detailed roadmap to make India a developed country.
(With PTI inputs)
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