Union Budget 2024

Finance Bill 2024 – Highlights

The 2024-2025 Union Budget for India strategically responds to global geopolitical shifts, focusing on economic resurgence through targeted stimulus measures. Prioritizing digital transformation, infrastructure development, and social welfare, the budget allocates resources to vital sectors, supports start-ups, and empowers women. The fiscal discipline is evident in the reduction of the fiscal deficit, aligning with international forums, acknowledging cultural milestones, and maintaining stability in the existing business environment. The budget signals India’s steadfast commitment to development, reflecting a comprehensive and forward-looking vision.

The budget, while maintaining continuity in tax slabs, demonstrates a commitment to fiscal responsibility and international collaboration. The government’s confidence in the continuity of power is suggested by the potential maintenance of a vote in account, further reinforcing their vision for a developed India in the July 2024 budget.