Union budget 2024-25

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Finance Minister Nirmala Sitharaman presented her seventh straight Budget on July 23 for the fiscal 2024-25.

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The government has increased the Standard Deduction limit to Rs 75,000, allowing the salaried class to save up to Rs 17,500 in taxes under the new regime.

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Union Budget 2024, Avinash Gorakshkar said, "One can look at buying M&M and Tata Motors in the auto segment whereas SBI, ICICI Bank, and Axis Bank can be a good bet in the banking segment.

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FY25 Total Expenditure estimated at ₹48.21 lakh crore. Net tax receipts estimated at ₹25.83 lakh crore. Gross market borrowings estimated at ₹14.01 lakh crore.

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The Union Budget 2024-25 identified nine priorities for generating ample opportunities

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Productivity and Resilience in Agriculture, Employment and Skilling, Inclusive Human Resource Development and Social Justice, Manufacturing and Service

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the Ministry of Defence has the highest allocation in 2024-25, at Rs 6,21,541 crore. It accounts for 13% of the total budgeted expenditure of the central government

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