Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers

By Mallika Soni, Abhyjith K. Ashokan

Jul 24, 2024, 12:47:15 IST

Budget 2024 Highlights: Salaried employees can save up to ₹17,500 in income tax under new tax slabs. The Budget made no changes to old tax regime.

Key Events

7:11 PM IST, Jul 23Vedanta chairman on Union Budget 2024
6:37 PM IST, Jul 23LIC Housing Finance CEO on Union Budget
4:07 PM IST, Jul 23Will old tax regime be over?
3:55 PM IST, Jul 23Expenditure towards railways highest
3:44 PM IST, Jul 23FM on ₹15,000 crore to Andhra Pradesh
2:33 PM IST, Jul 23Rahul Gandhi calls Sitharaman's Budget as a 'Kursi Bachao' Budget
1:50 PM IST, Jul 23What Rajnath Singh said on the Budget
1:43 PM IST, Jul 23What Amit Shah said on the Budget
1:21 PM IST, Jul 23What becomes cheaper after the Union Budget?
12:55 PM IST, Jul 23What Andhra Pradesh is getting from the Budget
12:43 PM IST, Jul 23Stock markets bleed, Sensex down 1000 points
12:21 PM IST, Jul 23Limit of LTCG tax hiked from 10% to 12.5%, FM says
12:20 PM IST, Jul 23Nirmala Sitharaman announces review of income tax
12:18 PM IST, Jul 239 priorities of Union Budget 2024
12:10 PM IST, Jul 23What Nirmala SItharaman said on GST
12:03 PM IST, Jul 23Free electricity upto 300 units per month for 1 crore households under solar panel scheme
11:59 AM IST, Jul 23Gaya and Mahabodhi temples to get corridors
11:54 AM IST, Jul 23FM on development of nuclear reactors
11:50 AM IST, Jul 23PM Suryaghar Muft Bijli Yojana launched
11:48 AM IST, Jul 23Urban housing outlay of ₹10 lakh crore announced
11:46 AM IST, Jul 23Reactions to FM's announcements
11:45 AM IST, Jul 23FM on women in workforce
11:44 AM IST, Jul 23FM announces ₹2.2 lakh crore push to make urban housing more affordable
11:43 AM IST, Jul 23Sidbi to open 24 new branches to serve MSMEs clusters, says FM
11:41 AM IST, Jul 23Govt to launch scheme to offer internship in top companies to one crore youth in five years, says FM
11:39 AM IST, Jul 23Credit guarantee schemes for MSMEs in manufacturing, FM announces
11:38 AM IST, Jul 232.66 lakh crore for rural development, FM says
11:36 AM IST, Jul 23₹26,000 crore for various road projects in Bihar
11:35 AM IST, Jul 23Mudra loans to be enhanced to 20 lakh from 10 lakh, says FM
11:32 AM IST, Jul 23FM on Andhra Pradesh
11:31 AM IST, Jul 23Bihar's win in Budget
11:28 AM IST, Jul 23For women in workforce, this is FM's announcement
11:24 AM IST, Jul 23FM announces financial support for loans up to ₹10 lakh for higher education
11:22 AM IST, Jul 23Nirmala Sitharaman on skilling
11:16 AM IST, Jul 23Nirmala Sitharaman on agriculture
11:13 AM IST, Jul 23Need to focus on the garib, mahilaye, yuva, and annadata, says FM
11:12 AM IST, Jul 23Five schemes to focus on 4.1 crore youth over 5 years with a central outlay of ₹2 lakh crore, says FM
11:10 AM IST, Jul 23Govt to focus on 4 different castes, Nirmala Sitharaman says
11:06 AM IST, Jul 23Nirmala Sitharaman begins speech
11:03 AM IST, Jul 23How is stock market doing just before Nirmala Sitharaman's speech?
10:37 AM IST, Jul 23How to get Budget document?
10:33 AM IST, Jul 23Nirmala Sitharaman meets President ahead of Budget speech
10:27 AM IST, Jul 23Lok Sabha members express expectations from upcoming Budget
10:21 AM IST, Jul 23Congress MP on Budget expectations
10:20 AM IST, Jul 23Union Cabinet meet ahead of Budget
10:15 AM IST, Jul 23What's happening in the Parliament?
10:14 AM IST, Jul 23Budget used to presented at 5pm till 1999
10:10 AM IST, Jul 23When Budget dates were changed to February 1
10:04 AM IST, Jul 23Another record that Nirmala Sitharaman holds on the Budget
9:58 AM IST, Jul 23Nirmala Sitharaman reaches Parliament with red tablet for her record 7th Budget speech
9:54 AM IST, Jul 23Nirmala Sitharaman meets President with Budget documents
9:47 AM IST, Jul 23J&K budget copies arrive in Parliament
9:43 AM IST, Jul 23Nirmala Sitharaman dons white silk saree today
9:42 AM IST, Jul 23Nirmala Sitharaman heads to Rashtrapati Bhavan with 'bahi-khata'
9:36 AM IST, Jul 23Stock market opens in green
9:32 AM IST, Jul 23Will stock market rise on Budget day or see volatility?
9:18 AM IST, Jul 23How Sensex has performed in the past 10 years on Budget Day
8:53 AM IST, Jul 23What Economic Survey said on Capital markets
8:45 AM IST, Jul 23More from Ministry of Finance
8:39 AM IST, Jul 23CEA Nageswaran arrives at Ministry of Finance
8:38 AM IST, Jul 23Nirmala Sitharaman to present J-K Budget today as well
8:32 AM IST, Jul 23Which is the longest Budget speech?
8:29 AM IST, Jul 23In case you missed it, key highlights from the Economic Survey
8:22 AM IST, Jul 23Nirmala Sitharaman reaches North Block
8:12 AM IST, Jul 23Why Citi expects Nirmala Sitharaman will increase funding for rural schemes
8:05 AM IST, Jul 23What Economic Survey said on Railways
7:54 AM IST, Jul 23How stock market may open ahead of the Budget?
7:41 AM IST, Jul 23Which allocations are likely in Budget 2024?
7:20 AM IST, Jul 23What will Nirmala Sitharaman do for the middle class today
7:15 AM IST, Jul 23What are the cues in Economic Survey for today's Budget?
7:12 AM IST, Jul 23Investing in railway stocks today? Watch out for these shares
7:09 AM IST, Jul 23Why stock market will look at government borrowing in the Budget
7:05 AM IST, Jul 23Can you expext tax cuts in Nirmala Sitharaman's speech today?
7:02 AM IST, Jul 23Tax slabs in the new ta regime
6:58 AM IST, Jul 23When Arun Jaitley merged Railway Budget with the Union Budget
6:52 AM IST, Jul 23These three factors could life the stock market mood today
6:47 AM IST, Jul 23P Chidambaram's ‘dream budget’ of 1977
6:35 AM IST, Jul 23GST collection is something you should look out for in Nirmala Sitharaman's speech
6:30 AM IST, Jul 23Why experts are focussing on capital expenditure in Nirmala Sitharaman's Budget
6:23 AM IST, Jul 23Manmohan Singh's 1991 Budget
6:19 AM IST, Jul 23What about fiscal deficit should be your focus in Nirmala Sitharaman's speech
6:17 AM IST, Jul 23A look at tax slabs under the old tax regime
6:12 AM IST, Jul 23Budget throwback from 1957-58 when tax reforms were brought
6:09 AM IST, Jul 23What were Interim Budget's allocations for Railways
6:06 AM IST, Jul 23What are the income tax changes likely in Union Budget?
6:01 AM IST, Jul 23What Indian Chamber of Commerce wants from Nirmala Sitharaman's Budget
5:53 AM IST, Jul 23PM Modi on how this Budget ;is important for Amrit Kaal'
5:43 AM IST, Jul 23When is the Railway Budget? What to expect?
5:32 AM IST, Jul 23A look at the Monsoon Session of the Parliament
5:26 AM IST, Jul 23Key points from Interim Budget in February
5:17 AM IST, Jul 23What manufacturing sector wants from Nirmala Sitharaman
5:11 AM IST, Jul 23A record for Nirmala Sitharaman today
5:08 AM IST, Jul 23What Chief Economic Advisor V Anantha Nageswaran said on the Indian economy
5:03 AM IST, Jul 23When and where to watch the Union Budget 2024 presentation?
5:01 AM IST, Jul 23At what time will Union Budget 2024 be presented?
4:58 AM IST, Jul 23What Economic Survey said about Indian economy?

Summary

Budget 2024 Highlights: Track all updates on Union Budget 2024 here

Budget 2024 Highlights: Finance minister Nirmala Sitharaman addresses a post-Budget press conference, in New Delhi.

Budget 2024 Highlights: Finance Minister Nirmala Sitharaman, in her seventh consecutive Union Budget for 2024-25, highlighted key priorities of the government. She listed nine priority areas for the government which are: productivity and resilience in agriculture, employment and skilling, inclusive human resource development and social justice, manufacturing and services, urban development, energy security, infrastructure, innovation, research and development and next-generation reforms....Read More

Budget 2024 Live Coverage in Hindi

Highlights from Budget:

Five schemes announced to focus on 4.1 crore youth over 5 years with outlay of ₹2 lakh crore
Internship scheme for one crore youth in top companies over five years
Employment-linked incentives, including one month's wage support for first-time employees
For MSMEs: Credit guarantee scheme and term loans for machinery purchase, technology support package for MSMEs
SIDBI to open 24 new branches to serve MSME clusters
Mudra loan limit increased from ₹10 lakh to ₹20 lakh
Financial support for higher education loans up to ₹10 lakhs
Provision for rural development at ₹2.66 lakh crore
Special financial support of ₹15,000 crore for Andhra Pradesh
New airports, medical facilities, and sports infrastructure for Bihar
Inflation moving towards 4% target
Over ₹3 lakh crore allocated for schemes benefiting women and girls.

Follow all the updates here:

Jul 23, 2024, 05:11:36 IST

Budget 2024 Live Updates: A record for Nirmala Sitharaman today

Budget 2024 Live Updates: Today's Budget presentation will be Nirmala Sitharaman's seventh Union Budget as she becomes the first Finance Minister to present seven union budgets in a row. Morarji Desai held this record previously by presenting six consecutive budgets.

Jul 23, 2024, 05:08:47 IST

Budget 2024 Live Updates: What Chief Economic Advisor V Anantha Nageswaran said on the Indian economy

Budget 2024 Live Updates: Chief Economic Advisor V Anantha Nageswaran said, “The Indian economy is on a strong wicket and stable footing, demonstrating resilience in the face of geopolitical challenges. The Indian economy has consolidated its post-Covid recovery with policymakers – fiscal and monetary – ensuring economic and financial stability. Nonetheless, change is the only constant for a country with high growth aspirations. For the recovery to be sustained, there has to be heavy lifting on the domestic front because the environment has become extraordinarily difficult to reach agreements on key global issues such as trade, investment and climate.”

Jul 23, 2024, 05:03:53 IST

Budget 2024 Live Updates: When and where to watch the Union Budget 2024 presentation?

Budget 2024 Live Updates: Here's how you can watch the live streaming of Union Budget 2024: 1. You can watch it on Doordarshan or Sansad TV. 2. You can also access live stream on Indian government’s official website of Budget (https://www.indiabudget.gov.in/) or the Ministry of Finance website (finmin.nic.in).

Follow Hindustan Times' LIVE updates for more action on the Union Budget 2024

Jul 23, 2024, 05:01:40 IST

Budget 2024 Live Updates: At what time will Union Budget 2024 be presented?

Budget 2024 Live Updates: The Union Budget will be presented today at 11am by Finance minister Nirmala Sitharaman in the Lok Sabha. Owing to Lok Sabha elections held this year, an interim budget was presented earlier this year in the February ahead of the polls. Today's Budget will mark the first budget by the BJP-led NDA government since its reelection.

Jul 23, 2024, 04:58:57 IST

Budget 2024 Live Updates: What Economic Survey said about Indian economy?

Budget 2024 Live Updates: The Economic Survey 2023-24 projected a real GDP growth of 6.5 to 7 per cent and said that for the economic recovery to be sustained, there has to be “heavy lifting on the domestic front as the “environment has become extraordinarily difficult to reach agreements on key global issues such as trade, investment and climate”.