Nirmala Sitharaman presents Union Budget 2024: All Updates

No change in tax slabs: Sitharaman

No 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

From 94 days tax refund is effected in ten days now.

Direct tax collection more than trebled.

FM mentions island tourism promotion like in Lakshadweep

Vande Varat and Namo Bharat trains to be extended: Sitharaman

Electric Vehicle ecosystem will be improved: Sitharaman

517 new udan routes from air travel: Sitharaman

Vision for Viksit Bharat is that of prosperous Bharat: Sitharaman

Vision 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

We 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

30 crore MUDRA Yojana loans have been given to woman entrepreneurs: Sitharaman

Empowerment 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

Making 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

Rs 43 crore loan given for startups: Sitharaman

Our 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

Global situation is one of disruption and war: Sitharaman

Global 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

Direct 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

The 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

Our GDP means Governance Development and Performance: Sitharaman

Governance 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

We 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

FM Minister begins hoping the govt will get another resounding mandate for their work

Our 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

Sensex advances by over 200 points

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

President 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."

Sitharaman to present Budget at 11 am

Nirmala Sitharaman will start reading the budget since 11 am. 

What is an interim budget?

In 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.