Finance Minister Nirmala Sitharaman will present the Union Budget on July 23.
Finance Minister Nirmala Sitharaman is set to present the Union Budget on July 23, 2024. This announcement comes ahead of the Budget session of Parliament, which is scheduled to begin on July 22 and conclude on August 12. The schedule for the session and the Budget presentation was confirmed by Parliamentary Affairs Minister Kiren Rijiju.
Rijiju took to X, formerly known as Twitter, to inform the public that the Hon’ble President of India has approved the proposal from the Government of India to summon both Houses of Parliament for the Budget Session 2024. He mentioned that the session will run from July 22 to August 12, but noted that this is subject to any urgent parliamentary business that might arise
Parliamentary Affairs Minister- Kiren Rijiju
The Union Budget is a critical financial statement that outlines the government’s revenue and expenditure for the upcoming fiscal year. It includes detailed allocations for various sectors such as health, education, defense, and infrastructure, as well as tax proposals and other financial measures. The Budget session is a key event in the parliamentary calendar, involving extensive debates and discussions on the proposed financial policies.
This year’s Budget session is particularly significant as it sets the financial direction for the country amidst various economic challenges. Stakeholders from different sectors, including businesses, investors, and the general public, keenly await the announcements to understand the government’s economic priorities and strategies.
The Union Budget presentation and the ensuing parliamentary session are expected to be closely watched events, as they will provide insights into the government’s plans for economic growth, fiscal discipline, and overall development for the year ahead.
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