FM Sitharaman presented her sixth consecutive Budget on Feb 1, 2024, ahead of Parliamentary elections. Here are some key highlights
FM announced a fiscal deficit of 5.1% for 2024-25, down from 5.8% in the current year, with tax receipts projected at Rs 26.02 lakh crores
Finance Minister Nirmala Sitharaman made no changes in tax rates for direct and indirect taxes, including import duties
FM Nirmala Sitharaman unveils financial aid for biomass-to-CBG conversion and mandates blending with natural gas, aiming to enhance energy security
In the interim budget, FM Nirmala Sitharaman announces a 3-year free cervical cancer vaccination drive for girls aged 9-14 against HPV
Sitharaman also unveils a scheme to aid middle-class individuals in rented or slum dwellings to own a house. Plans to build 2 crore rural homes
FM highlighted Pradhanmantri Suryodaya Yojana, offering one crore families up to 300 units of free electricity monthly, saving Rs 18,000 annually
FM Nirmala Sitharaman raised next fiscal's capital expenditure by 11% to Rs 11.11 lakh crore to sustain robust economic growth
FM Sitharaman presented her 6th consecutive Budget ahead of elections, matching former PM Desai's record. Full Budget expected in July post new govt