Budget 2024 Highlights Live Updates: FM Nirmala Sitharaman Presents Key Budget Proposals

Key Budget 2024 Highlights

Follow here for more updates on the Union Budget 2024, presented by Finance Minister Nirmala Sitharaman.

Infrastructure-Focused Budget

The government has been prioritizing infrastructure development and offering incentives to states to increase capital expenditure (capex). The budget is likely to continue supporting this focus, with significant allocations for infrastructure projects.

Major Income Tax Changes

Expect key changes in income tax provisions such as Section 80C and LTCG (long-term capital gains). These revisions may impact taxpayers' financial planning and investment decisions.

Market Reaction

The stock markets have reacted negatively to the budget presentation, with the Sensex and Nifty indices experiencing significant declines. This may continue in the short term, as investors analyze the implications of the budget proposals.