Recently, leaders from India's corporate sector advocated for reducing the income tax burden on individuals, increasing capital expenditure, and implementing measures to control food inflation during their nearly two-hour meeting with Finance Minister Nirmala Sitharaman ahead of the Union Budget.
In their pre-Budget discussions with Sitharaman, industry representatives emphasized the need for heightened focus on infrastructure development to sustain economic growth. They also highlighted the importance of bolstering the MSME (micro, small, and medium enterprises) sector, which is crucial for the Indian economy and a key source of employment.
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-111182083»>
Also Read: Union Budget 2024: Key points and key facts that you should know in simple terms
Here are answers to some frequently asked questions related to Budget 2024
- When will FM Nirmala Sitharaman present the interim Budget 2024?
Finance Minister Nirmala Sitharaman will likely present the Budget 2024-2025 in Parliament in late July 2024. Dates and timings have not been made public yet.
- When will the Budget Session of Parliament start and end?
The first session of the 18th Lok Sabha is set to conclude on July 3 for oath/affirmation of newly elected members.
- When will President Droupadi Murmu address both the Houses on Budget Session?
President Droupadi Murmu will address a joint sitting of the Lok Sabha and the Rajya Sabha on June 27.
- What is the Economic Survey?
The Economic Survey provides an annual overview of the country's economic progress, highlighting significant
Read more on economictimes.indiatimes.com