Overview of Union Budget 2024: Key Numbers and Financial Plans

Tuesday, 23 July 2024, 10:22

Finance Minister Nirmala Sitharaman has unveiled the Union Budget 2024-25, marking her seventh consecutive budget presentation. The budget introduces significant changes aimed at the income tax structure and aims to improve the ease of doing business in India. This ambitious financial plan seeks to promote the vision of a Viksit Bharat (Developed India) with robust economic growth and stability.
Economictimes
Overview of Union Budget 2024: Key Numbers and Financial Plans

Overview of Union Budget 2024

Finance Minister Nirmala Sitharaman has presented the Union Budget 2024-25, breaking records as her seventh consecutive budget. This budget is a pivotal financial plan for the country's development and focuses on several key areas.

Key Focus Areas

  • Changes to Income Tax Structure: Aiming to simplify and enhance tax compliance.
  • Ease of Doing Business: Initiatives to facilitate smoother business operations across sectors.
  • Viksit Bharat Vision: Promoting economic growth with a focus on long-term stability.

Conclusion

This budget signifies a tailored approach to foster economic development and resilience. By implementing these financial plans, the government aims to strengthen India’s position in the global market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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