Brief by Shorts91 Newsdesk / 07:05pm on 23 Jul 2024,Tuesday India
Finance Minister Nirmala Sitharaman unveiled the Modi 3.0 Budget 2024, highlighting tax relief and job incentives. The new tax regime features revised slabs, with zero tax for incomes up to ₹3 lakh and a standard deduction increase to ₹75,000. First-time employees will receive one month's salary as Provident Fund contributions, benefiting 21 million people. The budget also includes major infrastructure projects in Bihar and Andhra Pradesh, such as expressways and power plants. Key developments aim to support NDA allies and boost economic growth in these regions.
