Budget 2024 LIVE Updates | Expectations
Budget Articles
Simplifying Taxes for NRIs in Budget 2024
This article outlines the key tax issues faced by NRIs and suggests practical solutions for the upcoming budget. By addressing these concerns, the government can foster fairness and encourage NRIs to participate more actively in India's economy.
Budget Discussions
- LTCG and Grandfathering shares/ MF sold before 23rd july 2024
- 24-25
- Live Updates and discussion on Union Budget 2024-2025
- Co. need to obtain ISD GST if Co. is registered with GST authorities in more than one State
- Live Updates and discussion on Interim Budget 2024-2025
- EINVOCE RELATED 123
- Live Updates and discussion on Union Budget 2023-2024
- Does Party III of current Finance act becomes Part I of next years Finance Act?
Budget News/ Updates
Budget 2025 Preview: FM Sitharaman's Strategies to Address Inflation and Growth
In the July 2024 Budget, Finance Minister Nirmala Sitharaman aimed to provide relief to India's middle and lower-income households by widening the income tax slab for zero tax and increasing the standard deduction for salaried individuals.
Budget Files
- Budget 2024 at a glance
- Budget 2024 - Changes under Customs & Excise
- Memorandum Explaining The Provisions In The Finance Bill, 2024
- The Finance (No. 2) Bill, 2024
- Speech Of Nirmala Sitharaman 2024-2025
- Key Features of Budget 2024-2025
- Budget At A Glance 2024-2025
- Key To The Budget Documents 2024-25
- Economic Survey 2023-24: Comprehensive Analysis
- Economic Survey 2023-24
- Summary of Budget Provisions (Ministry-Wise): 2024-25
- Budget at a Glance: 2024-25
- The Finance Bill, 2024
Live Budget Speech
Live Budget Commentary
Tweets about #budget OR #CAbudget OR #Budget2022 OR #Budget2022-23 OR #UnionBudget2022FAQ on Union Budget 2024-2025
What is a Union budget?
A Union Budget is an annual report prepared by the Government, whereby it lays down the plan for government's revenue and expenditures.
What is an Interim Budget?
At the end of the 5-year term of the ruling party when the central elections will be held, a budget is presented by the operating Government for the period applicable till the new government takes over. Since this budget is prepared for a short duration and it will be followed by a fresh new budget by the party who forms the government after the elections, it is called the Interim budget.
Who prepares the budget?
The Budget is prepared by Budget Division, The Department of Economic Affairs, and the Ministry of Finance.
Why is Budget so important?
In Budget, the Government proposes various changes in the tax rates, rebates, grants etc. These changes have a direct impact on an individual.
What are pre-budget expectations?
Before the budget is announced, various autonomous bodies, economists, industrialists etc. who represent the industry, trade, and commerce share the mass problems and solutions in the form of pre-budget expectations.
When is the Budget announced?
The Budget is prepared annually. It is for a period starting from 1st April to 31st March. The Budget is usually announced in the first week of February.
Who presents the Budget?
The Budget is usually presented by the Finance Minister of India.
What is a pre memorandum Budget?
A Pre memorandum Budget is a detailed document where the expectations from the budget are precisely mentioned.
What is a rail Budget?
A Rail Budget is the projected revenue and expenditures pertaining to railways only. Earlier, it was presented separately, but Mr Arun Jaitley had changed this practice and now the Rail Budget is presented along with the Union Budget.
Who announces the rail Budget?
The Rail Budget is announced by the Finance Minister of India.
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