Union Finance Minister Nirmala Sitharaman presents the Union Budget 2024, an interim one before the country heads for the next General Elections, for a record sixth time on Thursday. This will be the last budget presented by the Modi government, which will seek a third term in elections in summer this year. Catch all UPDATES here...
No change in tax slabs: Sitharaman
01 Feb 2024, 11:56 amNo changes in direct, indirect tax rates, says Sitharaman. "I do not propose any changes in tax rates in direct and indirect taxes including import duties," she said.
Direct tax collection more than trebled: Sitharaman
01 Feb 2024, 11:53 amFrom 94 days tax refund is effected in ten days now.
Direct tax collection more than trebled.
FM mentions island tourism promotion like in Lakshadweep
01 Feb 2024, 11:44 amVande Varat and Namo Bharat trains to be extended: Sitharaman
01 Feb 2024, 11:44 amElectric Vehicle ecosystem will be improved: Sitharaman
01 Feb 2024, 11:41 am517 new udan routes from air travel: Sitharaman
01 Feb 2024, 11:41 amVision for Viksit Bharat is that of prosperous Bharat: Sitharaman
01 Feb 2024, 11:40 amVision for Viksit Bharat is that of prosperous Bharat, in harmony with nature, with modern infrastructure and providing opportunities for all to reach their potential.
Next five years will be years of unprecedented development and golden moments to realize the goal of developed India by 2047.
Trinity of democracy, demography and diversity backed up by Sab Ka Prayaas has the potential to fulfill aspirations of every Indian.
Self reliance in oil seeds is a goal: Sitharaman
01 Feb 2024, 11:40 amWe aim for Atmanirbharta in oilseeds like sesame, sunflower, mustard, and others along with comprehensive programme to support dairy farmers.
Lakhpati Didi Scheme which offers loans to women is extended from 2 crores to 3 crores women: Sitharaman
01 Feb 2024, 11:38 am30 crore MUDRA Yojana loans have been given to woman entrepreneurs: Sitharaman
01 Feb 2024, 11:35 amEmpowerment of Women through entrepreneurship, ease of living and dignity has gained momentum in last 10 years.
30 crore MUDRA Yojana loans have been given to woman entrepreneurs.
In STEM courses, girls and women constitute 43% of enrollment, one of the highest in the world.
All these are getting reflected in increasing participation of women in workforce.
Self reliance in oil seeds is a goal.
Abolishing Triple Talaq, passing women's quota in Lok Sabha, giving houses under PM Awas Yojana enhanced dignity of women: Sitharaman
01 Feb 2024, 11:33 amMaking Triple Talaq illegal, one third women's reservation in Lok Sabha and state assemblies, giving over 70% houses under PM Awas Yojana in rural areas to women as sole or joint owners have enhanced their dignity.
Girls enrolment in schools went up by 28 pc in ten years: Sitharaman
01 Feb 2024, 11:27 amRs 43 crore loan given for startups: Sitharaman
01 Feb 2024, 11:26 amOur govt will facilitate energy security in terms of accessibility and affordability.
1.4 crore youth trained under Skill India programme.
Rs 43 crore loan given for startups.
Our motto is Reform, Perform and Transform: Sitharaman
01 Feb 2024, 11:25 amGlobal situation is one of disruption and war: Sitharaman
01 Feb 2024, 11:24 amGlobal situation is one of disruption and war. The new world order is emerging after Covid pandemic. India assumed G20 presidency in difficult time. But India successfully navigated its way.
Direct Benefit Transfer using PM Jan Dhan accounts led to huge savings: Sitharaman
01 Feb 2024, 11:23 amDirect Benefit Transfer of Rs. 34 lakh crore using PM Jan Dhan accounts has led to huge savings for the government
This has been realized through avoidance of leakages, savings have helped in providing more funds for welfare of the poor
People of India are looking ahead to the future with hope and optimism: Sitharaman
01 Feb 2024, 11:21 amThe Indian economy has witnessed profound positive transformation in the last 10 years.
People of India are looking ahead to the future with hope and optimism!
GST enabled one nation one market one tax and widened tax base: Sitharaman
01 Feb 2024, 11:20 amOur GDP means Governance Development and Performance: Sitharaman
01 Feb 2024, 11:18 amGovernance Development and Performance is our GDP. We focus on minimum government and maximum governance. Investments are robust, the economy is doing well. People are living and earning better. Average income increased by 50 percent.
We believe in empowering the youth: Sitharaman
01 Feb 2024, 11:18 amWe believe in empowering the youth.
Today has over 80 Chess grandmasters.
30 crore loans have been given to women entrepreneurs
390 universities have been set up: Sitharaman
01 Feb 2024, 11:18 amFM Minister begins hoping the govt will get another resounding mandate for their work
01 Feb 2024, 11:12 amOur development philosophy covered elements of inclusivity- social and geographical. The challenges of pandemic overcome through that inclusivity.
We expect the government will get a resounding mandate again because of its inclusive approach
The worries about food have been eliminated through free ration for 80 crore people. Minimum support prices for farmers addressed.
We are working to make a Vikasit Bharat by 2047. Social justice is an effective governance model now, unlike before when it was only a slogan.
This is secularism in action, reducing corruption and preventing nepotism.
We focus on outcomes and not on outlets. The PM firmly believes we need to focus on four major castes- poor, women, youth and farmers (annadata). The country progresses when they progress.
25 crore people got freedom from multidimensional poverty in our regime.
We are implementing farmer centric policies.
Sitharaman arrives in Parliament
01 Feb 2024, 10:50 amUnion Finance Minister @nsitharaman arrives at Parliament with the Budget tablet, to present the #InterimBudget#ViksitBharatBudget #Budget2024 pic.twitter.com/IsaDHKbqAq
— PIB India (@PIB_India) February 1, 2024
Sensex advances by over 200 points
01 Feb 2024, 10:41 am
The BSE Sensex on Thursday rallied 246 points to open at 71,998.78, ahead of the General Budget.
The equity market was seen as strong as buying was seen in consumer durable, energy, and FMCG stocks ahead of budget on Thursday.
(Photo courtesy: UNI)
Sitharaman calls on President Murmu ahead of presentation of Budget
01 Feb 2024, 10:28 amPresident Droupadi Murmu's X post reads, "Union Minister of Finance and Corporate Affairs Smt Nirmala Sitharaman along with Ministers of State Dr Bhagwat Kishanrao Karad and Shri Pankaj Chaudhary and senior officials of the Ministry of Finance called on President Droupadi Murmu at Rashtrapati Bhavan before presenting the Union Budget. President Murmu extended her best wishes to the Union Finance Minister."
Union Minister of Finance and Corporate Affairs Smt Nirmala Sitharaman along with Ministers of State Dr Bhagwat Kishanrao Karad and Shri Pankaj Chaudhary and senior officials of the Ministry of Finance called on President Droupadi Murmu at Rashtrapati Bhavan before presenting the… pic.twitter.com/miwSv8r4dE
— President of India (@rashtrapatibhvn) February 1, 2024
Sitharaman to present Budget at 11 am
01 Feb 2024, 10:26 amNirmala Sitharaman will start reading the budget since 11 am.
What is an interim budget?
01 Feb 2024, 10:25 amIn the election year, the government presents the interim budget ahead of the polls.
In it, the government's expenses and revenues for a short period are presented.
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