When is Budget 2024 scheduled to be announced?
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The Indian Union Budget is scheduled to be announced on the 23rd of July, 2024.
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Think of the Union Budget as THE most important financial statement that the Government of India shares regarding its finances. The Union Budget includes an estimation of the revenue and the expenditure for the upcoming fiscal year. In 2024, the budget was presented twice due to the Lok Sabha Elections. The first was the interim budget which was presented on February 1, 2024, and the second would be the union budget which is to be presented on 23rd July 2024.
Having been re-elected consecutively for the second term as the Finance Minister, BJP’s Mrs. Nirmala Sitharaman will be presenting the Union Budget 2024 for FY2025 this month. She will be the first finance minister to present seven successive Union Budgets.
In this blog, you will read everything you need to know about the Indian Union Budget 2024.
Here are the details about the budget 2024 date and time.
The Indian Union Budget 2024 session will be held from 22nd July, 2024 to 12th August, 2024
The union budget will be presented in the Lok Sabha on the 23rd of July 2024
The budget presentation will start at 11 am in the Lok Sabha on the 23rd of July 2024.
Here are a few details that will help illustrate that India’s economy can weather the global storm.
A report by the World Bank from June 11th says that India will sustain its robust growth momentum in the coming years
The report forecasts GDP growth for India at 6.6% for FY25
After India’s robust performance in FY24, the World Bank predicted an average growth rate of 6.7% annually for the next three fiscal years
In the January-March quarter, India's GDP growth surpassed expectations and reached 7.8%
Even the growth in FY24 has been revised from 7.6% to 8.4% by the World Bank.
According to reports, Finance Minister Nirmala Sitharaman will present the 2024 Union Budget on 23rd July. This Budget is expected to have announcements on policies, schemes, income tax rate slabs, and more that are likely to affect everything around us.
To simplify this year’s Budget and to decode its impact on your life, your investment portfolio, and all that you do, we bring you #BudgetSimpleHai!
Join us on our website or head over to any of our social handles to get the latest updates on the Union Budget as it happens. Read in-depth reports, watch videos, and get a clear understanding of what’s in store.
Kyunki Bajaj Broking ke saath, #BudgetSimpleHai
Below are the details about where to watch the Indian Union Budget Live.
The Indian Union Budget 2024 will be broadcast on the official channels of Parliament, Doordarshan and Sansad TV
The budget will also stream live on all the YouTube channels of the government
Below is a list of some of the expected focus areas of the upcoming 2024 Union Budget:
Possible initiatives to assist workforce development and job creation in MSMEs
Focus on improving skill development with increased funding for upskilling and reskilling focussed on automation, artificial intelligence, and data analytics
Better tax sops for the middle class and increased handouts for the rural populations
Possible boost for consumer, tourism, auto and real estate sectors
Possible continuation of the policy of double-digit growth with infrastructure expenditure and export-driven manufacturing sops at the centre, leading to positive impacts on green energy, PSUs, railway, defence, etc
This year’s Indian Union Budget is crucial as it comes after the Lok Sabha Elections of 2024. The budget possibly concentrating on real estate, tourism, tech and job creation will give good insights into what we can expect in the fiscal year 2025. This time BJP’s Nirmala Sitharaman, the Finance Minister of India, is presenting the budget and it will be presented on the 23rd of July in the Lok Sabha at 11 am. Anyone wishing to tune into the ceremonies, live, will be able to do so from various sources as well.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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The Indian Union Budget is scheduled to be announced on the 23rd of July, 2024.
The presentation of the Union Budget will begin at 11 am in the Lok Sabha
Below are the details about where to watch the Indian Union Budget Live.
The Indian Union Budget 2024 will be broadcast on the official channels of Parliament, Doordarshan and Sansad TV
The budget will also stream live on all the YouTube channels of the government
Yes, the Union Budget will be streaming live on the government’s YouTube channels.
Some of the expectations of the budget 2024 might include:
Possible initiatives to assist workforce development and job creation in MSMEs
Focus on improving skill development with increased funding for upskilling and reskilling focussed on automation, artificial intelligence, and data analytics
Better tax sops for the middle class and increased handouts for the rural populations
Possible boost for consumer, tourism, auto and real estate sectors
Possible continuation of the policy of double-digit growth with infrastructure expenditure and export-driven manufacturing sops at the centre, leading to positive impacts on green energy, PSUs, railway, defence, etc
The Budget speech is delivered by the Finance Minister in the Lok Sabha. This time around BJP’s Nirmala Sitharaman will deliver the union budget.
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