Markets pared morning gains after the presentation of Interim Budget on Thursday. BSE Sensex was at 71,826.36 points, up 74.25 points, as against 273.72 points in morning trade. Union Budget 2024-25: Sensex Slips After Presentation of Interim Budget.
Finance Minister Nirmala Sitharaman will present the Union Budget 2024-25 in the parliament today, February 1. The Budget 2024 will be live streamed on the official YouTube channel of PIB and just like the previous budget, it will be presented in a paperless form. Union Budget 2024-25 Live Streaming: Watch Finance Minister Nirmala Sitharaman Present Interim Budget in Parliament and Live Updates on Budgetary Announcements.
In her Union Budget 2024-25 speech, Finance Minister Nirmala Sitharaman outlined a profound transformation of India’s economy. The government’s focus is on improving conditions for the poor, women, youth, and farmers, setting the stage for welfare schemes in these areas. Union Budget 2024-25 Key Takeaways: From Tourism to Income Tax and More, Highlights of Nirmala Sitharaman's Interim Budget Speech.
Given that there is a high priority on increasing participation in global value chains, the expectations from this budget from an Indirect Tax standpoint could be around improving the global trade ecosystem, simplification and streamlining of compliance framework, policy measures to cultivate local competencies and exports as well as focus on simplification and certainty in tax policy.
Due to the impending general elections, Sitharaman's interim budget is not anticipated to introduce significant policy changes., Budget 2024 News, Times Now