BUDGET 2024 : Finance Minister did not give relief on tax, made this big announcement for women during 57 minute budget speech.

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Scope of Lakhpati Didi scheme extended for women

Finance Minister Nirmala Sitharaman presented the country’s
interim budget in which she paid a lot of attention to women. The government is
taking every possible step to strengthen the half of the population and while
talking about it he said that by taking the decision on the issue of triple
talaq, the government had taken a big step to strengthen the women. In today’s
budget, the Finance Minister said that his government is promoting the Lakhpati
Didi scheme. Under the scheme, 1 crore Lakhpati Didis will be promoted and
their number will be increased to 3 crore. The women of the country will
benefit from this.

Finance Minister’s big budgetary announcement for women

The Finance Minister said that many schemes are being run
for women in the country which is leading to their economic and social
development. Under the Lakhpati Didi scheme, there have been 1 crore Lakhpati
Didis in the country. Its target has been increased from 2 crores to 3 crores
and the target has been set to create 3 crore Lakhpati Didis. Cervical cancer
vaccine will be administered to girls of 9 to 14 years of age so that this
cancer can be prevented.

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Economic policy will fulfill the aspirations of the people –Finance Minister

The government will adopt such an economic policy that will
fulfill the aspirations of the people and will lead to inclusive growth. Will
work together with the states to effectively implement economic policies. The
government’s target of building 3 crore houses has been achieved and the target
is to build 2 crore more houses in the next 5 years. Under the Roof Top Solar
Scheme, 300 units of electricity will be made available to the people free of
cost – the Finance Minister said during the budget speech.

Finance Minister said to focus on all sections.

The Finance Minister’s budget speech said that developmentprograms have provided the benefits of housing for all, water for everyhousehold, electricity for all, cooking gas for all and bank accounts for allin record time. The focus has been on making every household and individualfinancially capable through financial services. Enumerating the achievements of
the government, the Finance Minister said that this budget will also be helpful
in making the roadmap of developed India in future.

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The stock market’s rise decreased after the presentation of the budget.

After the presentation of the budget, the movement of the Indian stock market has slowed down and there is a rise of only 23 points in the Sensex. Its level is at 71,775 and NSE Nifty is trading at 21,732, up just 7 points .Finance Minister Nirmala Sitharaman said that the number of
airports has been doubled in 10 years and more than 1000 new aircraft have been
ordered in the country. Rs 11 lakh 11 thousand 111 crore will be spent on
infrastructure and its expenditure is being increased by 11 percent. While
making the announcement for Railways, the Finance Minister said that 40
thousand bogies will be upgraded in Vande Bharat. 
Finance Minister Nirmala Sitharaman has not given any relief to the common taxpayers of the country and has not made any changes in the taxs lab and tax regime. This means that you will have to pay income tax at the same rate at which you are paying tax.

Finance Minister revised fiscal deficit target

The Finance Minister said that the country’s fiscal deficit
against GDP has been revised to 5.8 percent. The tax receipt budget has also
been revised. We are revising the target of fiscal consolidation. The country’s
fiscal deficit target for 24-25 is being reduced to 5.1 percent of the total
size of GDP.

 The third day of the budget session will begin tomorrow at11 am.

As soon as the budget speech of Finance Minister Nirmala
Sitharaman ended, the Lok Sabha has passed the Finance Bill 2024. Now the next
session of Lok Sabha will start on 2 February 2024 at 11 am. It has been passed
by the Lok Sabha and will be discussed in the Rajya Sabha. While presenting the
interim budget, the Finance Minister has made it clear that the full budget will
be presented in July 2024 and the roadmap for the goals of a developed India
will be brought out in that budget. It is noteworthy that by July 2024, a new
government will have been formed after the results of the country’s general
elections.

 

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