The copies of Interim Budget arrived in Parliament. Union Finance Minister Nirmala Sitharaman will present her sixth straight budget today. The interim budget will take care of the financial needs of the intervening period until a government is formed after the Lok Sabha polls.
Finance Minister Nirmala Sitharaman arrived at the Ministry of Finance ahead of Budget speech. Following a brief session, she left the ministry and headed to the President's office.
People associated with the Textile industry from Surat on January 28 shared their expectations from the Interim Union Budget 2024 and said that the limit of Income Tax should be increased. Whereas another local businessman said that the complications related to GST should be minimized.
The salaried class was expecting from Nirmala Sitharaman to revise the Income Tax slabs that have been left unchanged for years. Besides higher basic exemption limits, people also expected a hike in the exemption limits under Section 80C and 80D.
Finance Minister Nirmala Sitharaman presented the Union Budget for 2021-22 in Parliament. This year's Budget is unique as finance minister used a Made in India tablet to deliver a paperless Budget address, instead of a bahi khata, that she used last year.
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