Union Budget updates: We announced higher MSP for farmers for all major crops: FM Sitharaman

Budget 2024 LIVE Updates: Nine priorities for this year and coming years

1. Productivity and resilience in Agriculture
2. Employment and skilling
3. Inclusive HRD and social justice
4. Mfg & services
5. Urban development
6. Energy security
7. Infra
8. Innovation, R&D
9. Next generation reforms

10,000 bio research centres will be established: FM Sitharaman

₹1.52 lakh cr provision for agriculture and allied sectors: FM Sitharaman

Natural farming: next 2 years 1 cr farmers across the country will be initiated for natural farming, supported for branding: FM Sitharaman

PROVISION OF 1.52 TRLN RUPEES FOR AGRI AND ALLIED SECTORS

1. Fertilizer
2. Shrimp
3. Seeds

Rs 26,000 crore allocated to Bihar road projects:

Andhra Pradesh to get Rs 15,000 crore special financial support in FY25

#BudgetSession2024

FIN MIN SAYS SHIPPING INDUSTRY REFORMS WILL BE IMPLEMENTED ( CO'S IN FOCUS SCI , GE SHIPPING )

MINING+EXPLORATION STOCKS

Will unveil first tranche of auction of offshore mining of minerals

Response To Rooftop Solar Scheme

"PM Surya Ghar Muft Bijli launched to install roof-top solar for 1 crore households.
The scheme got 1.28 crore registrations, 14 lakh applications."

🏘️ Urban housing outlay of Rs 10 lakh crore announced: Housing needs of 1 crore urban poor and middle-class families to be addressed

Promote sewage treatment and solid waste management for 100 large cities

11.11 lakh crore capital expenditure allocated on infrastructure, 3.4 per cent of GDP

Fiscal deficit lowered to 4.9% of GDP: Finance Minister

TO REDUCE CUSTOMS DUTY ON GOLD, SILVER
TO 6%, PLATINUM TO 6.4%

Nirmala Sitharaman Candle 😬

Changes to Capital Gains Tax Rates:

Short-Term Capital Gains (STCG): The tax rate has increased from 15% to 20%.

Long-Term Capital Gains (LTCG): The tax rate has been raised from 10% to 12.5%, with the exemption limit now set at ₹1.25 lakh.

📌2 changes in the New Tax Regime
🔸Standard deduction to be increased from Rs 50,000 to Rs 75,000

🔸New Tax Slabs
- Rs 0-3 lakhs : Nil
- Rs 3-7 lakhs : 5%
- Rs 7-10 lakhs : 10%
- Rs 10-12 lakhs : 15%
- Rs 12-15 lakhs : 20%
- Above 15 lakhs : 30%