Union Budget 2024 LIVE: ₹1.48 Lakh Crore for Education, Employment & Skill

Union Budget 2024 LIVE: ₹1.48 Lakh Crore for Education, Employment & Skill

Finance Minister Nirmala Sitharaman presents her seventh straight Budget, allocating ₹1.48 lakh crore for education, employment, and skills.

The Budget for FY25 marks the first Budget by the BJP-led NDA government since its re-election, with a focus on employment, skilling, MSMEs, and the middle class.

Despite a reduced seat tally in the Lok Sabha, the BJP government aims to address the electorate's concerns and reinforce economic growth through strategic allocations.

The fiscal deficit target for FY 2024-25 is set at 5.1% of GDP. Personal tax measures are unlikely to reduce tax revenue significantly, maintaining fiscal stability.

The Economic Survey projects India's GDP growth between 6.5% and 7% for FY 2024-25, reflecting a stable yet cautious economic outlook compared to the previous year's 8.2% growth.

The Budget highlights India's robust economic growth amidst global uncertainty, with stable inflation moving towards 4% and core inflation at 3.1%. Stay updated with live coverage!

Stay updated with Union Budget 2024! Finance Minister allocates ₹1.48 lakh crore for education, employment, and skills. For all your income tax needs, apply now with expert assistance!

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