According to Sharma, the capex outlay in the Interim Budget will need to be reduced to meet the fiscal-deficit target, which will affect largecaps the most
Budget 2024 Analysis: With the Lok Sabha elections scheduled for April - May this year, this was a vote-on-account and the final budget for FY25 will be presented in July.
Budget 2024 announcements : Finance Minister Nirmala Sitharaman is expected to exercise fiscal prudence in the interim budget 2014 before the upcoming elections, which will be subsequently replaced by a new budget after the formation of the government post the April-May elections. The budget is anticipated to serve as an economic manifesto, outlining Prime Minister Narendra Modi s vision for the next five years. Sitharaman s upcoming budget presentation is significant as it marks the final budget before general elections.