FM Sitharaman did not propose to make any changes relating to taxation and propose and retained the same tax rates for direct taxes and indirect taxes including import duties.
Prime Minister Narendra Modi, hailing what he called the first budget of Amrit Kaal, said that it would lay a strong foundation for building a developed India by 2047.
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.
Nirmala Sitharaman in her Interim Budget 2024 has done a balancing act, and the confidence is quite evident from the governments absistence from presenting a populist 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.