FM Nirmala Sitharaman set to present Modi 3.0 govt’s first budget

New Delhi: Nirmala Sitharaman will give the Union Budget 2024 in Parliament today, her seventh straight budget, surpassing Morarji Desai’s six.

The budget is likely to address income tax reform and business ease in India.

Parliament will get the much-anticipated 2024–25 comprehensive budget, the first under Modi 3.0, at 11 am.

The finance minister’s important announcements and government economic recommendations will be watched.

The interim budget, tabled on February 1, covered the budgetary demands until a new administration was established after the Lok Sabha elections. The entire budget is presently being presented.

The government’s Economic Survey, prepared by Chief Economic Advisor V Anantha Nageswaran, covers the country’s economic performance, prospects, policy suggestions, and future prognosis on Monday.

India is anticipated to be the fastest-growing major economy in 2024–25 at 6.5–7%, according to the Economic Survey.

After being presented, both houses of Parliament debate and discuss the budget. Members question and change its provisions.