Sitharaman to present Modi 30s 1st budget; Tax relief likely

The Budget for 2024-25 is being considered the..

Finance Minister Nirmala Sitharaman will present the Union Budget 2024-25 in the Lok Sabha today. This will be the first budget of the Modi government's second term. The budget is likely to focus on providing tax relief to the middle class and boosting economic growth.

According to reports, the government is considering raising the income tax exemption limit from Rs 2.5 lakh to Rs 3 lakh. It is also likely to announce a reduction in the GST rate on some items.

The budget is also expected to address the issue of job creation. The government is likely to announce measures to promote investment and create new jobs.

Conclusion

The Union Budget 2024-25 is a crucial document that will set the tone for the Indian economy in the coming year. It is expected to provide relief to the middle class, boost economic growth, and create jobs. The budget will be closely watched by both domestic and international investors.