Budget 2024: Continuity expected with emphasis on fiscal consolidation, sectoral benefits
Union Budget 2024, on 23 July, prioritizes fiscal consolidation using RBI windfall. Focus areas: social welfare, affordable housing, increasing PM KISAN to Rs.7,500, tax incentives. NDA 3.0 aids 3 crore households. Strategies include lower interest rates, GIFT City perks, MSME support, rural infrastructure, F&O trading curbs, PSU divestment, Employment Linked Incentives, simpler capital gains tax, and addressing dividend double taxation.
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