Budget 2024 - Date, Time, When And Where To Live?
Interim Budget 2024 Date and Time: FAQs Answered
Finance Minister Nirmala Sitharaman is set to present a crucial interim budget for the Modi government on February 1, 2024, just months before the Lok Sabha elections. The Budget presentation starts at 11 AM. This budget faces the delicate challenge of balancing bold initiatives with fiscal responsibility amidst these economic headwinds.
Can India's Economy Weather the Global Storm?
Chief Economic Advisor V Anantha Nageswaran believes private sector investment is key to rebalancing the Indian economy towards investment and manufacturing, shifting away from its current consumption-driven model. He urges businesses to embrace the "decade of uncertainty" and start investing despite volatile global conditions.
Frequently Asked Questions about Budget 2024:
When will the interim Budget be presented?
Finance Minister Sitharaman will likely present the Interim Budget 2024-2025 on February 1, 2024, at 11:00 AM.
When will the Budget Session start and end?
The Budget Session of Parliament is expected to begin in the last week of January and conclude in April.
When will President Murmu address Parliament?
President Droupadi Murmu will officially open the Budget Session by addressing both Houses of Parliament on the first day.
What will happen to the Economic Survey?
Instead of the usual full-fledged report, a concise document summarising the state of India's economy will be presented before the interim Budget.
What is an "Interim Budget"?
An interim budget is a temporary financial plan for a few months until a new government is formed. It manages expenses until a full budget is presented by the new government in July.
When did the budget-making process begin?
The Ministry of Finance started working on the Budget on September 4, 2023.
What is "fiscal deficit"?
Fiscal deficit is the difference between a government's revenue and expenditure in a year. It indicates the gap between what it earns and what it spends.
Stay tuned for further updates on Budget 2024 and its implications for India's economy!
Interim Budget 2024 Live Streaming
Read More:
Budget 2024 Expectations
Budget 2024 Highlights
Old vs New Tax Regime
Income Tax Slabs FY 2023-24 & AY 2024-25 (New & Old Regime Tax Rates)
Section 115BAC of Income Tax Act(New tax regime)
Quick Summary
Finance Minister Nirmala Sitharaman will present the Interim Budget 2024 on February 1, 2024, addressing challenges of economic headwinds. Chief Economic Advisor emphasizes private sector investment for economic balance. Budget Session starts in January. President Murmu will open Parliament's session. An interim budget is a temporary financial plan. Fiscal deficit indicates revenue-expenditure gap. Stay updated on Budget 2024 developments.
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