Interim Budget 2024 is on the horizon, and Finance Minister Nirmala Sitharaman is gearing up to present a pivotal fiscal plan on February 1, 2024. As the last interim budget before the upcoming Lok Sabha elections, its implications are far-reaching, extending not only to national policies but also influencing global financial markets.
Scheduled for release on February 1, at 11:00 AM IST, the Interim Budget for 2024-2025 is anticipated to be a crucial event with potential repercussions on the economic landscape.
Where to Watch Budget 2024 Live: For those eager to witness the unveiling of India's economic roadmap, the live telecast of FM Nirmala Sitharaman's speech can be accessed on Sansad TV and Doordarshan, both on television and their respective YouTube channels. The Press Information Bureau (PIB) will also provide a live stream on their online platforms.
Despite the expectations surrounding the interim budget 2024, FM Nirmala Sitharaman has clarified that it will primarily be a "vote on account" ahead of the impending general elections.
In her 6th union budget presentation, she emphasized that interim budgets typically refrain from major announcements, and the public can anticipate comprehensive policies in the new government's budget presentation in July 2024.
Furthermore, addressing the curiosity around potential tax changes, the Finance Minister has assured that no major tax announcements will be made during the interim budget presentation.
This declaration aligns with the convention of interim budgets focusing on maintaining financial stability rather than introducing radical fiscal alterations.
Also Watch: Interim Budget 2024 Expectations Highlights