Interim Budget 2024-25: No Changes In Tax Slabs, 10 Key Takeaways
By Archis Chowdhury On February 1, 2024, Finance Minister Nirmala Sitharaman presented the interim budget ahead of the Lok Sabha elections. Serving as a provisional budget, it focuses on continuation of old policies, until the newly formed government announces the final Union Budget for 2024-2025, which likely in the month of July. Here are the key takeaways from the interim budget announcement: 1. Capital Expenditure \- For FY24-25, the capex target was raised by 11.1 %, and set to 11.1 lakh crore, which is 3.4% of the GDP. 2. Revised and Budget Estimates \- For FY23-24, Sitharaman stated tha...