Table of Contents
What does the Union Budget 2024 PDF Documents Contain?
The Budget 2024 document acts as a comprehensive repository of information outlining the government’s fiscal plans for the upcoming year. Here’s a breakdown of the key components you’ll find within the document:
- Budget Speech: The Finance Minister’s address typically outlines the government’s overall economic vision, key policy initiatives, major budgetary allocations, and insights from the Economic Survey 2024.
- Detailed Expenditure Proposals: This section provides a breakdown of the government’s planned spending across various sectors, such as education, healthcare, infrastructure, and social welfare programs.
- Tax Proposals and Changes: This section details any proposed modifications to tax rates, slabs, or introduction of new tax schemes impacting individuals and businesses.
- Fiscal Responsibility and Budget Management (FRBM) Statement: This section outlines the government’s commitment to fiscal consolidation and its targets for managing the budget deficit.
- Memorandum Explanatory to the Budget: This section provides a more detailed explanation of the budget proposals, elaborating on the rationale behind specific allocations and tax changes.
How to Download Budget 2024 Highlights PDF Document?
Obtaining your copy of the Budget 2024 document is a straightforward process. Here’s a detailed guide utilizing the official source:
Downloading from the Ministry of Finance Website:
1. Visit the Ministry of Finance Website
Navigate to the official website of the Ministry of Finance, Government of India, at https://www.indiabudget.gov.in/.
2. Locate the Budget Section
Identify the designated section for the Union Budget. The website typically features a prominent “Budget” or “Budget Speech” section within the main navigation menu.
3. Find Budget 2024
Within the Budget section, locate the specific tab or link designated for “Budget 2024.” It might be labeled “Union Budget 2024-2025” or something similar.
4. Initiate the Download
Once you find the “Budget 2024” section, you’ll likely discover a download link for the complete budget 2024-25 document in PDF format. Click on the download link and save the document to your preferred location on your device.
Who Should Download the Budget 2024-25 Highlights PDF Document?
The Budget 2024 document holds significant value for a broad audience, including:
- Taxpayers and Businesses: Stay informed about potential tax changes and implications for their financial planning.
- Investors and Financial Analysts: Gain insights into the government’s economic priorities and potential market impacts.
- Economists and Researchers: Conduct in-depth analysis of the budget’s effect on various sectors and the overall economy.
- Anyone Interested in Fiscal Policy: Develop a comprehensive understanding of the government’s financial strategy and its long-term vision.
Related Read- Budget 2024: What is Cheaper and Costlier?
What are the top Budget 2024 Highlights?
Focus on Infrastructure and Development
- Massive Infrastructure Push: A substantial allocation of ₹11.11 lakh crore for capital expenditure to bolster infrastructure development across the country.
- Highway Expansion: Significant investments in Bihar and Andhra Pradesh for highway projects, aiming to improve connectivity.
- State Support: Long-term interest-free loans to states to accelerate infrastructure development.
Tax Reforms and Relief
- Income Tax Changes: Revised tax slabs offering potential tax savings for salaried individuals.
- Startup Support: Removal of angel tax to encourage investments in startups.
- Corporate Tax Cut: Reduction in corporate tax rates for foreign companies.
- Tax on Financial Gains: Changes in short-term and long-term capital gains tax, along with an increased exemption limit.
Social Welfare and Development
- Affordable Housing: Substantial allocation for PM Awas Yojana to benefit the urban poor and middle class.
- Rural Development: Expansion of Pradhan Mantri Gram Sadak Yojana to improve rural connectivity.
- Pension Benefits: Increased deduction limit for employer contributions to the National Pension System.
Other Key Measures
- MSMEs Support: Increased loan limit for small and medium businesses.
- Market Regulations: Changes in Securities Transaction Tax (STT) and taxation of share buybacks.
Overall, the Union Budget 2024 places a strong emphasis on infrastructure development, fiscal consolidation, and tax reforms, with a focus on boosting economic growth and improving the lives of citizens.
