In the aftermath of the highly anticipated Union Interim-Budget 2024 presentation, Union Finance Minister and Corporate Affairs, Nirmala Sitharaman is scheduled to address a post-Budget press conference today at 4 pm. The event will take place at the National Media Centre, in New Delhi.
The central minister presented the interim budget for 58 minutes proposing no changes in direct tax and indirect tax rates. The minister also tabled the Finance Bill 2024.
The post-Budget press conference is important for all as the Finance Minister to provide in-depth insights into the key provisions, policy decisions, and the overarching fiscal strategy outlined in the Union Budget for the upcoming financial year.
This interaction with the media serves as an opportunity for Minister Sitharaman to elucidate the government’s priorities, answer queries from journalists, and shed light on the economic vision driving the budgetary allocations.
Read More: Taxation and Interim Budget 2024: Achievements and Proposals
Reform, perform and transform continue to be the financial motto of the Government. The last budget of the Second Narendra Modi government aims to focus on “Garib, Mahilayen, Yuva and Annadata”, prioritising their needs and aspirations.
According to the budget speech, the number of return filers has seen a substantial increase, swelling to 2.4 times the figures a decade ago. Also, Monthly Gross GST collections have doubled, reaching ₹1.66 lakh crore in FY24, indicating a robust economic activity.
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