Budget 2024: Key announcements for ‘aam aadmi’ in Nirmala Sitharaman’s speech | Latest News India
Finance minister Nirmala Sitharaman on Thursday increased capital expenditure by 11 per cent for the next fiscal to sustain the world-beating economic growth rate while trimming the deficit in a reform-oriented Interim Budget that also gave relief to the common man from disputed small tax demands of up to ₹25,000.
Presenting a vote on account or an Interim budget for the financial year 2024-25, Nirmala 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 Narendra 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. Follow Live Updates on Budget 2024
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