We hosted the live screening of Union budget 2024 for all branch’s of SKPN and Associates.
The moment when all Partners, Managers, employees & Articles students of the firm were watching live Budget.
Finance Minister Nirmala Sitaraman presented the Budget 2024. She emphasized that Indian economy is on the right track and despite a time of challenges, heading towards a bright future.
Finance Minister Nirmala Sitharaman during her budget speech made several announcements related to the Tech, startup sector, relief on customs duty on the import of certain parts, expansion of the scope of Digi locker, AI centers, fund for AgriTech startups, among others.
This budget provides a blueprint for steering the economy toward inclusive growth, macroeconomic stability, and sustainable growth.
SUMMARY OF THE INTERIM UNION BUDGET 2024-25
💠India’s Real GDP projected to grow at 7.3 per cent in FY 2023-24
💠Fiscal Deficit in 2024-25 is estimated to be 5.1 per cent of GDP
💠No change proposed in tax rates in the Interim Budget
💠Fifty-year interest-free loan for youth
💠Scheme of 50-year interest free loan for CAPEX to states will be continued this year with a total outlay of Rs 1.3 lakh cr.
