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Report on the Indian Union Budget 2024

IndiaVision Saturday, 27 July 2024
Overview The Indian Union Budget 2024 aims to strike a balance between fiscal prudence and growth by focusing on infrastructure development, social welfare, green initiatives, and technological advancements. The budget aims to reduce the fiscal deficit while promoting economic growth and stability. Economic and Fiscal Policies Fiscal Deficit: Target reduced to 5.1% of GDP from 5.8% in the previous year. GDP Growth: Focus on maintaining a sustainable growth trajectory with strategic investments. Tax Reforms Direct and Indirect Taxes: No changes in tax rates, providing stability for businesses and individuals. GST Compliance: Simplification measures and rationalization of rates to ease the burden on businesses. Startups: Extension of tax benefits to encourage […]

Report on the Indian Union Budget 2024
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