Union Budget 2024: Big relief for tax payers! New schemes for women, focus on employment

Finance Minister Nirmala Sitharaman presented Union Budget 2024 in Parliament today, focusing on the fiscal year 2024-25. This Budget is crucial for outlining the government`s plans for the next five years under Modi 3.0. It is expected to bring relief to the middle class by increasing the basic exemption limits in both old and new tax regimes. Prime Minister Narendra Modi has expressed confidence in a robust Budget that prioritizes reaching benefits to the common man. Yesterday, Sitharaman tabled the Economic Survey during the Monsoon Session of Parliament, setting the stage for today`s Budget announcement. The Budget aims to steer India`s development trajectory while addressing key economic challenges and priorities.