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Budget 2024 Live updates

Read below for all updates of the Union Budget 2024-25 presented by Finance minister Nirmala Sitharaman

News Arena Network - New Delhi - UPDATED: July 23, 2024, 12:32 PM - 2 min read

Budget 2024 Live updates

Budget 2024 Live updates

Image Source: PTI


Live Updates

July 23, 12:30

FM Sitharaman concludes the budget. 

July 23, 12:26

FM Sitharaman announced new tax regime, with no tax till ₹3 lakh per annum

July 23, 12:26

FM announced an increase in the standard deduction for salaried employees under the new tax regime, raising it from ₹50,000 to ₹75,000.

July 23, 12:21

FM Sitharaman announced abolishing angel tax for all classes of investors

July 23, 12:17

FM Sitharaman announced a review of the IT Act to help the middle class

July 23, 12:16

FM announced TDS regime to be simplified

July 23, 12:13

FM announced extending the export period for goods imported for domestic aviation and boat/ship repairs from 6 months to 1 year, and increasing the re-import warranty period from 3 to 5 years.

July 23, 12:11

FM announced a duty cut to 6% for gold and silver and to 6.4% for platinum.

July 23, 12:08

FM announced a cut in customs duty on 20 critical minerals, a duty cut on mobiles and accessories to 15%, and measures for the marine sector.

July 23, 12:04

FM Sitharaman announced the Budget estimates for 2024-25: total receipts at ₹32.07 lakh crore and expenditure at ₹48.21 lakh crore, with a fiscal deficit of 4.9% of GDP.

July 23, 12:01

FM Sitharaman announced that the MP Vatsaliya scheme will start with a standard NPS account.

July 23, 11:57

Sitharaman announced incentives for land reforms in rural areas, including surveying subdivisions, updating land registries, linking to farmers' records for better credit flow, and digitizing land actions with GIS mapping

July 23, 11:53

FM Sitharaman announced funds to boost tourism with upgrades to Bihar temples, including the Rajgir Jain site and the Kashi model for Gaya and Bodh Gaya temples

July 23, 11:50

FM announced assistance to Assam for flood management and ₹11,500 cr package for Bihar flood control

July 23, 11:44

FM Sitharaman said, "Centre to ask states to lower stamp duty"

July 23, 11:43

FM announced 12 industrial parks to be developed soon

July 23, 11:40

FM: Committed to complete Polavaram project

July 23, 11:41

FM announced 10 lakh crore for urban housing

July 23, 11:32

Nirmala Sitharaman announced new internship scheme which will benefit 1 crore youth

July 23, 11:30

FM Sitharaman: Mudra loan limit enhanced to ₹20 lakhs

July 23, 11:30

FM Sitharaman announced Credit guarantee scheme for manufacturing

July 23, 11:28

FM announced self supporting funds scheme for MSMEs

July 23, 11:26

Sitharaman announced development of industrial node at Gaya

July 23, 11:23

Sitharaman announces new Amritsar-Gaya economic corridor

July 23, 11:20

Sitharaman said first-time workers will get one month's wage and ₹15,000 if they earn up to ₹1 lakh per month, based on EPFO registration. This will benefit 21 million youth.

July 23, 11:15

FM Sitharaman announces 3 schemes for employment-linked incentives.

July 23, 11:13

Sitharaman allocates ₹1.48 lakh crore for education, employment, and skilling.

July 23, 11:12

Sitharaman announces a ₹2 lakh crore package for 5 schemes focused on jobs and skilling for 4.1 crore youths. "We will focus on 9 budget priorities", she said

July 23, 11:10

FM Sitharaman: Government to focus on increasing farm productivity

July 23, 11:09

Nirmala Sitharaman presents Budget 2024: India's economic growth is a shining exception, with low inflation

July 23, 11:07

FM Sitharaman: Focus on Nari, youth and annadata

July 23, 11:07

Nirmala Sitharaman: India is shining amid global headwinds

July 23, 11:03

Om Birla welcomes Nirmala Sitharaman to present the Budget speech.

July 23, 10:30

Prime Minister Narendra Modi is currently in a Cabinet meeting with Finance Minister Nirmala Sitharaman and other members of the Finance Ministry.

July 23, 10:11

Nirmala Sitharaman met President Droupadi Murmu at Rashtrapati Bhavan

The President offered the auspicious 'dahi-chini' (curd-sugar). The Union Cabinet then convened to clear the Budget.

July 23, 9:59

Nirmala Sitharaman arrives at the Ministry ahead of the Budget presentation

Finance Minister Nirmala Sitharaman arrives at the Ministry of Finance ahead of the Budget presentation. Dressed in a white saree with a violet border, she will present her seventh consecutive budget, surpassing Morarji Desai's record of six.

July 23, 09:43

Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024-25 in the parliament today

Union Finance Minister Nirmala Sitharaman is about to present the first Budget of the third consecutive NDA government under Prime Minister Narendra Modi. The Union Budget 2024 aims to pave the way for a 'Viksit Bharat' by 2047. The pre-Budget Economic Survey, presented in Lok Sabha, projects a modest growth forecast of 6.5 to 7 percent for this fiscal year.

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