Budget 2024-25 Today Govt. of India presented Interim Budget | ECONOMY by VIVEK SINGH

Budget 2024-25

Today Govt. of India presented Interim Budget 2024-25.

Govt. presented the Finance Bill 2024 but as such no change in direct and indirect taxes has been proposed. So, Finance Bill has been presented to continue the existing rates of income-tax for the financial year 2024-2025 and to provide for certain relief to taxpayers (regarding any tax dues) and to make amendments in certain enactments

Govt. also sought ‘vote on account’ approval of the Parliament through the Appropriation Bill for a part [April, May, June, July 2024] of the financial year 2024-25. So, in this budget, Demand for Grants will not be discussed and voted.

This time Economic Survey 2023-24 was not presented. Even the interim budget which was presented, Govt. basically elaborated its achievements of last 10 years. So, nothing relevant for UPSC aspirants in this budget for the May 2024 Prelims exam. If possible, just listen the Budget speech of the Finance Minister. That's all.

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