1st February 2024- 11: 25 AM – Finance Minister Nirmala Sitharaman Budget 2024 Highlights Women, Youth, Farmers, Tribals and Startups
1st February 2024- 11: 30 AM – Finance Minister Nirmala Sitharaman talks about Housing for Middle Class, Rooftop Solar Energy for Households, selling excess energy to transmission grids.
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11: 30 AM – Cervical Cancel Vaccination for Girls
11:30 AM – Maternal and Child Healthcare Schemes to be launched and consolidated
11: 31 AM – Mission Indradhanush to be cover all these health schemes.
11:31 AM – Atmanirbhar Yojana for Oilseeds and Farming and Crop Insurance
11: 32 AM – Dairy Insurance and Dairy Farming
11:33 AM – India is the largest producer of milk in the world.
11:34 AM – Double Exports to 150000 Lakh Crore
11: 35 – 83 Lakh SHGs with 9 crore woman are transforming rural landscape. Their success has assisted nearly 1 crore women to become “LAKHPATI DIDI” – Bouyed by the success, enhance target from 2 crores to 3 crores.
11: 35 AM – Technological Changes: High Quality services and affordable services. Entrepreneurs and Entrepreneurial and growth and development
PM Modi said “Jai Jawan Jai Kisan Jai Vigyan Jai Anusandhan”
11: 36 AM – For tech savvy youth this will be a golden era. A corpus of 1 lakh crore for youth for innovation with 50 year financing and long term and refinance to boost innovation.
India Budget 2024 Live
11:37 AM – PM GATI SHAKTI to be enhanced for multi modal connectivity for shipping and logistics and transports and improvement in rail transport and safety and dedicated freight corridors.
11:38 AM – Aviation Sector has been galvanised. Many airports launched and infra improved. Indian carriers have placed orders for 1000 new aircrafts.
11: 40 AM – Metro Rail will be supported in large cities.
11:41 – Wind Energy support to be provided for harnessing wind.
11:42 AM – Coal Gassification to be supported in a large way. Bio Gas and CNG and Piped Natural gas for domestic gas to be mandated.
11:43 – E-vehicle, e-buses, e-charging mechanism and e-vehicles will be supported.
11: 44 AM – Bio-pharma, bio-plastic, bio waste and all things environment to be supported.
Blue Economy 2.0 – PM Scheme for Oceans and Tourism
11: 43 AM – Marine culture, coastal development, comprehensive development of tourist centers
11:44 AM – Tourism to be given boost in India. States to be supported. (India Budget 2024)
11:45 AM – 75000 crore scheme for 50 years
FY25 CAPEX OUTLAY UP
End of Part A of Union Budget 2024.
Part B – INDIA UNION BUDGET 2024
11: 51 AM – Number of Taxpayers up
11: 51 am – Tax Slab increased to 7 Lakh
11: 52 – Presumptive Taxation
11: 53 AM – Corporate tax rate reduced from 33% to 22% in earlier budgets
11:54 AM – Income Tax Refunds in 10 days this year
11: 55 AM – 94% Industry Leaders view transition to GST as positive
11:55 AM – Tax base of GST taxpayers has doubled.
11:56 AM – Tax Benefits to Startups extended from SWFs and Units in Gift City
11: 57 AM – Ease of Doing Business – petty and disputed direct tax demands to be settled dating as far as 1962. Withdraw all such direct tax demands upto Rs. 25000 2009-10 and Rs. 10000 upto 2025 financial year. 1 crore taxpayers to benefit to this.
11:59 AM – End of Interim Budget 2024
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India Budget 2024 Live
The Provisional Budget 2024 will be available digitally through the Union Budget Mobile App. The app, offered in both English and Hindi, is downloadable on Android, iOS, or via the Union Budget Web Portal (www.indiabudget.gov.in). This official app from the Government of India will feature all key Budget documents, including the Annual Financial Statement, Demand for Grants, and the Finance Bill as required by the Constitution. These documents will be accessible on the app immediately after the Budget Speech concludes.
Disclaimer – We have tried to capture the Budget Live 2024. For any investments or actions, check with your financial advisor before investing. Kindly check your facts again as this is a live transcript.