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Finance Minister Nirmala Sitharaman will unveil the Union Budget 2024 on July 23, marking the first budget under the newly elected NDA government led by Prime Minister Narendra Modi. There are high hopes among the common people, middle class, and salaried individuals for Budget 2024, as many are anticipating income tax relief from Sitharaman.
On July 22, Union Finance Minister Nirmala Sitharaman presented the Economic Survey of India 2023-24, along with a statistical appendix, to both Houses of Parliament. The survey highlighted a positive outlook for India's financial sector but cautioned about potential vulnerabilities. It described the sector as being at a "turnpike moment," noting a shift away from banking support for credit and an increasing role of capital markets. Sitharaman is scheduled to deliver the Union Budget for 2024-25 in the Lok Sabha on July 23.
Union Budget 2024 // Economic Survey 2024
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