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  • Writer's pictureAarav krish

Nirmala Sitharaman To Present Modi 3.0's 1st Budget, Tax Relief Likely

Finance Minister Nirmala Sitharaman will present her seventh consecutive Budget today - Tuesday, July 23. The Budget for 2024-25 is being considered the action plan for the Modi 3.0 government to outline a roadmap towards India's development in the next five years.


budget, budget 2024, union budget
Tax relief for middle class

In her 7th record Union Budget, Nirmala Sitharaman is expected to announce an increase in the basic exemption limits under both old and new tax regimes in a huge relief for the middle class.


Prime Minister Narendra Modi yesterday had said that the Finance Minister will present a strong budget, adding that he will ensure that the government's guarantees reach the common man. Nirmala Sitharaman yesterday - on the first day of the Monsoon Session of Parliament - tabled the Economic Survey in Parliament.


Minister of State, Finance, Pankaj Chaudhary said that the budget is based on PM Narendra Modi's mantra of 'Sabka Saath Sabka Vikas'.


In first major policy announcement, Finance Minister Nirmala Sitharaman - while presenting the first budget of Modi 3.0 government, is likely to annpounce more measures for job creation


Finance Minister Nirmala Sitharaman has reached Parliament. She will present the Budget at 11 am. Chief Economic Advisor V Anantha Nageswaran has also arrived at Ministry of FinancePrime Minister Narendra Modi yesterday had said that the Finance Minister will present a strong budget, adding that he will ensure that the government's guarantees reach the common man. "After 60 years, a government has returned to power for the third time and is going to present its first budget of its third term," he said.

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