Budget 2024 / When will the country's full budget be presented and what will be special in it?

Vikrant Shekhawat : Jun 25, 2024, 08:23 AM
Budget 2024: The new government has been formed, after which everyone has the same question in their mind that when will the full budget of the country be presented? The Finance Ministry has started preparations to present the full budget of the country soon. Although no official announcement has been made about the date of presenting Budget 2024. However, many reports suggest that Union Finance Minister Nirmala Sitharaman may present it in the second week of next month. In such a situation, let us know what will be special in the full budget of Modi 3.0.

When can the budget be presented?

According to government sources in the media report, Finance Minister Nirmala Sitharaman will present the Budget 2024 on the 18th of July. The Ministry of Parliamentary Affairs has announced that the first session of the 18th Lok Sabha will begin on June 24 and will run till July 3. At the same time, the monsoon session of Parliament is going to start in the third week of July and is likely to run till August 9.

What will be special in the budget?

This time BJP has not got full majority in the Lok Sabha elections and NDA coalition government has been formed. In such a situation, big announcements are expected to be made for the general public, taxpayers and working people in the full budget of the government. This time the main focus of the government can be on the middle class. For this, announcement of relief in income tax is possible.

If reports are to be believed, Finance Minister Nirmala Sitharaman can change the tax rules in the budget coming in July. Till now, those earning Rs 3 lakh do not have to pay any tax and this exemption limit can be increased to Rs 5 lakh.

Finance Minister Sitharaman will create history

Finance Minister Nirmala Sitharaman is ready to create history by presenting the first full budget of Modi 3.0. Actually, this will be the seventh consecutive budget for Sitharaman as Finance Minister and it includes six full budgets and one interim budget. According to this, the Finance Minister will leave behind the record of Morarji Desai. He presented five annual budgets and one interim budget between 1959-1964.