Chadha claimed, “If one earns ₹10, they must pay ₹7-8 to the government as tax. However, Governments that levy such taxes on common people, what do they give in return to common people?"
Rijiju applauded the budget and remarked that the 2024-25 Union Budget lays a robust foundation for an 'atmanirbhar' and 'viksit' India.
Finance Minister Nirmala Sitharaman in her speech presenting Budget 2024, abolished Angel tax to boost startup on July 23.
The Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 on July 22. The survey conservatively projects real GDP growth of 6.5–7%, with risks evenly balanced, cognisant of the fact that the market expectations are on the higher side.
Now that Prime Minister Narendra Modi has announced his Cabinet for the third consecutive term, everyone is eagerly waiting
India has witnessed substantial socio-economic progress over the past decade, including improvements in rural employment, sanitation, electricity access, infrastructure, agriculture, and renewable energy.
As the nation navigates the challenges of the 21st century, this budget serves as a roadmap for realizing the aspirations of millions of Indians and building a brighter future for generations to come.