Budget 2024 Expectations: Experts Calls For Tax Reforms, Special Schemes Across Sectors

Finance Minister Nirmala Sitharaman will present the first budget of the Narendra Modi government’s third term on July 23 in Parliament, as announced by Parliamentary Affairs Minister Kiren Rijiju on Saturday. The President has approved the proposal to convene both Houses of Parliament for the Budget Session from July 22 to August 12. The budget for the financial year 2024-25 will be presented on July 23.

The government will present the general budget for the current financial year on July 23 in Parliament. The industry has high expectations from this budget, with leaders believing that structural reforms are necessary to sustain economic growth. Additionally, developing infrastructure is crucial for India to become the third-largest economy in the world.