Union Budget 2024
1.Tax payers are expecting lower income tax rates to reduce the impact of the increase in interest rates. They are also expecting tax exemptions and discounts to encourage equity investment, which will increase their income. The salaried class has high hopes in the Union Budget 2024 to be presented by Finance Minister Nirmala Sitharaman on July 23. Modi will present the first budget of the third term of the Modi government.
Every section has high hopes from this budget of the Modi government. Apart from tax in income tax, the middle class is expected to get relief from rising inflation in sectors like education and medical. Along with this, the Modi government can also give relief in GST on education along with cheap education loans under the education sector. Along with this, the government can increase the allocation to the education sector again this time. People associated with the education industry hope that the common man can get the gift of cheap education in Budget 2024. If the information is to be believed, in this budget, Finance Minister Nirmala Sitharaman will give relief to the students of the exam preparation work. Apart from this, various types of programs can be announced from job related skill trading. These announcements will be a big relief especially for the people living below the poverty line and the area with different income groups.
There can be many announcements regarding the health sector in this budget. Health care is a rapidly growing sector in the country, but the government needs to focus on it to ensure that it reaches all sections of the society. The common man. In the Union Budget, the focus will be on everything from cheap treatment to professional development of health care workers. In this budget, special attention will also be given to the health of the elderly and women. In the budget related to the health sector, the government is planning to take some such decision
which will have a wide positive impact on the healthcare sector. According to health experts, people have a lot of hope about health after Kovid. In India, after Kovid, cases of heart attack, diabetes, cancer are increasing every day. In this budget, there should be some announcement regarding its prevention. The government can also consider bringing a special health insurance scheme for the elderly in this budget.
Conclusion:-This article has discussed the changes to be made in the Union Budget 2024.