Union Budget 2024 Income Tax | Nirmala Sitharaman Budget Speech | Budget LIVE

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Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Budget in parliament from 11 am today, and the most anticipation is around whether the government will provide tax relief to the middle class. The Finance Minister will walk the tight rope as she looks to stimulate economic growth while also providing relief to taxpayers.The middle class got little in the pre-election interim Budget, so their expectations are high.

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In 2015, investing ₹1, 50, 000 could get you 57.69 grams of gold. By 2024, the same ₹1, 50, 000 only buys 25 grams of gold. Despite the Section 80C limit staying the same, the purchasing power has significantly decreased due to inflation and price rises in every sector. This effectively provides less real value in 2024 compared to 2015.

Still, no media talks about it. It’s been 9 years with no change in the ₹1.5 lakh rebate.

thinkahead
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Decision to end the INDAXATION BENEFIT on Property Sale is the biggest setback for the common people.

I had voted MODI 3 times but will not vote in future.

They must revert this decision.

peaushvishnoi
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what about withdrawal on indexation on LTCG, this is a disaster!!

blueocean_revelation
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Insaan Insaan Ko Bewakoof Bana Sakte Hain, Khud Ko Battar Bewakoof Bana Sakte Hain, lekin Bhagwan Ko Nahi .

SATYA MEWA JAYATE .
Dharmo Rakshiti Rakshataah .
Jai Shree Ram . Jai Jai Shree Ram .

vijayendriyakrishna