No change in income tax slab this time, Currently no tax on income up to Rs 7 lakh
Tax exemption for startups extended by 1 year
Finance Minister Nirmala Sitharaman said, the fiscal deficit is estimated to be 5.1 percent. The expenditure is Rs 44.90 crore and the estimated revenue is Rs 30 lakh crore. Income tax collection has increased three times in 10 years. I have cut the tax rate. No tax is payable on those with income of Rs 7 lakh. The deficit will be further reduced by 2025-2026.
BUDGET 2024 BIG ANNOUNCEMENTS
Our govt will encourage vaccination forgirls aged 9-14 years for cervical cancer Various schemes for maternal andchild healthcare will be brought in synergy nganwadis will be upgraded.
BUDGET 2024 BIG ANNOUNCEMENTS
FY24 fiscal deficit revised down 5.8% of GDP FY25 fiscal deficit target set at 5.1% of GDP Capex for 2024-25 raised by 11% toRs 11.11 lakh crore
BUDGET 2024 BIG ANNOUNCEMENTS
Comprehensive strategy for dairy farmerswill be formulated
Application of Nano DAP willexpanded in all agroclimatic zones
Farm sector to get modern storage,supply chains, branding
To promote, private, public investmentin post-harvest activity
Govt to support EV manufacturing,charging infrastructure
BUDGET 2024 BIG ANNOUNCEMENTS
Government to launch scheme for middleclass living in rented houses or slums
Set up medical colleges, committees torecommend more hospitals
Benefits of Ayushmann Bharat to beextended to all Asha, Anganwadi workers
2 crore more houses will be built under thePradhan Mantri Awas Yojana – Gramin