Brief by Shorts91 Newsdesk / 01:27pm on 23 Jul 2024,Tuesday Politics
Finance Minister Nirmala Sitharaman introduced the acronym 'EMPLOYMENT' as the theme for Budget 2024-25, highlighting ten key priorities: Employment, MSMEs, Productivity, Land, Opportunity, Youth, Middle Class, Energy Security, New Generation Reforms, and Technology. She defended the 12.5% long-term capital gains tax as a simplification measure. Responding to Congress MP Rahul Gandhi's 'kursi bachao' critique, Sitharaman emphasized BJP's electoral success and the government's commitment to all states, citing significant funding for Andhra Pradesh and Bihar. The budget also includes increased standard deductions and loans for higher education.
