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Budget Financial Year 2024-25

Some Top Main points of Budget FY 2024-25 by Finance Minister Nirmala Sitharaman


1. Income tax slabs have unchanged

2. No Change's any other Tax rates for Companies, LLPs, or any other individuals

3. Some Exemptions and Concessions for Startups - Extension of tax benefits for sovereign wealth funds and startups until March 2025

4. Taxpayer Service - Withdrawal of direct tax demands up to ₹25,000 for the period up to 2009-10 and ₹10,000 for the period up to 2014-15, benefiting 1 crore people

5. Conversion of 40,000 normal railway bogies to Vande Bharat standards

6. Creation of a ₹1-lakh crore corpus with 50-year interest-free financing to encourage private sector investment in R&D. Corpus of ₹1 Lakh Crore for Reduced Rate Loans to Private Sector for Research in Sunrise Domains

7. Rooftop Solarisation and Free Electricity - Enabling 1 crore households to receive up to 300 units of free electricity per month through rooftop solarisation

8. This scheme aligns with the Prime Minister's vision, on the historic day of the consecration of Ram Mandir in Ayodhya

9. Focus on the welfare of the poor, women, farmers, and youth

10. Sitharaman's commitment to making India a developed nation by 2047

11. Ensuring food security with free rations for 80 crore people

12. Lifting 25 crore Indians out of multidimensional poverty over the past 10 years

13. Saving ₹2.7-lakh crore through the prevention of leakages

14. Connecting 1051 mandis through the Electronic Agri Mandi, facilitating transactions worth ₹2-lakh crore

15. Regular increase in minimum support prices for farmers

16. Providing direct financial providers to 11.8 million farmers

17. For our government, social justice is a powerful and vital model

18. Female enrolment in better training has long gone up by 28 in keeping with cent in 10 12 months

19. Avg actual earnings have elevated by 50 in step with the cent

20. Every 12 months beneath PM Kisan Samman Yojana, Direct economic help is provided to eleven. 8 crore farmers, which include marginal and small farmers

21. PM SVANIDHI has supplied credit score assistance to 78 lakh road companies, from that general, 2.3 lakh have received credit for the 0.33 time

22. PM JANMAN Yojana reaches out to Particularly Vulnerable Tribal Groups

23. PM Vishwakarma Yojana provides end-to-end help to artisans and craftspeople

24. The scheme for the empowerment of Divyang and transgender humans reflects our solution to leave nobody at the back of

25. Under the PM Mudra Yojana, 43 crore loans have been sanctioned amounting to Rs. 22.5 lakh crore to support the entrepreneurial aspirations of young people.

26. Fund of Funds, Startup India, and Startup Credit Guarantee Schemes are helping our youth

27. The National Education Policy of 2020 is introducing significant changes to the education system. These reforms are intended to bring about transformational improvements.

28. PM Shri is turning in great teaching

29. Skill India Mission has skilled 1.4 crore teenagers, upskilled and reskilled 54 lakh teens, and mounted 3,000 new ITIs

30. Large no. Of establishments of better mastering specifically, 7 IITs, 16 IITs, 7 IIMs, 15 AIIMSs, and 390 universities were installation

31.  Its highest-ever medal tally in Asian Games and Asian Para Games in 2023 was received by the country

32. Chess prodigy and our No. 1 ranked participant Praggnanandhaa put up stiff combat in opposition to global champion Magnus Carlsen in 2023, these days, India has 

There are currently more than 80 chess grandmasters, which is a significant increase from the little over 20 grandmasters in 2010.

33. The earlier technique of tackling poverty resulted in very modest outcomes When the poor have become empowered partners in improvement procedures, authorities's 

power to help them will increase manifold. In the past 10 years, the authorities have assisted 25 crore people to get freedom from multidimensional poverty

34. 2cr greater homes will be built underneath PM Awas Yojana Gramin 1cr houses may be taken to rooftop sun devices to generate free energy

35. Housing for the Middle Class, They will launch a new scheme to buy and construct their very own homes

36. Making Triple Talaq unlawful, one-third of girls's reservations in Lok Sabha and country assemblies, giving over 70% of homes below PM Awas Yojana in rural areas to girls 

as sole or joint proprietors have more advantages in their dignity

37. Empowerment of Women through entrepreneurship, ease of residing and dignity has received momentum in the past 10 years

38. As per the latest update, 3.30 crore loans under the MUDRA Yojana scheme have been disbursed to women entrepreneurs.

39. Female enrollment in higher schooling has long gone up by 28% in 10 years

40. In STEM courses, girls and women constitute 43% of enrollment, one of the maximum in the world

41. All these are getting meditated in the growing participation of ladies in a team of workers

42. Making Triple Talaq unlawful, one-third of women's reservation in Lok Sabha and state assemblies, giving over 70% of homes under PM Awas Yojana in rural areas to 

ladies as sole or joint owners have more suitable dignity

43. Besides handing over on high growth, the authorities are similarly focussed on a more complete GDP - I.E., Governance, Development and Performance

44. Ayushman Bharat scheme cover could be prolonged to all Asha, Anganwari workers and helpers

45. To ensure housing for the center's magnificence, the authorities will launch a scheme for center classes to assist them in shopping for or constructing their personal 

houses for those living in slums, chawls, or rented houses, she delivered.

46. A committee to install more clinical faculties, free cervical Cancer vaccines for women from nine-14 years

47. Nano DAP on various crops may be extended in all agro-climatic zones

48. The implementation of the Goods and Services Tax (GST) has enabled a unified market with a single taxation system across the country. This has brought about the concept of One Nation, One Market, One Tax.

49. GIFT IFSC and Unified Regulatory Authority IFSCA are creating a robust gateway for worldwide capital and financial sources

50. Proactive inflation management has helped preserve inflation in the coverage band

51. Matsya Sampada Yojana to be extended to generate more employment, boom income

52. Despite the demanding situations due to COVID, implementation of PM Awas Yojana Rural endured and we are near achieving the goal of 3 crore homes. 2 crore more 

homes could be taken up in the subsequent 5 years

53. India U.S. Europe backed Middle East- Europe hall: ability gateway for international trade for 100s of years.

54. India assumed the G20 Presidency through very tough times, the international financial system changed into going through high inflation, low boom, high interest costs, 

very excessive public debt, low alternate increase, and climate modifications

55. The pandemic has led to a disaster of meals, fertilizer, gas, and finances even as India correctly navigated its way and showed the sector the manner ahead

56. India built consensus on worldwide issues, these days and announced India Middle East Europe Economic Corridor is a strategic and monetary sport changer for India 

and others

57. Our government is ready to assist states in the faster development of aspirational districts and blocks Government can pay utmost attention to making the Japanese vicinity 

and its human beings an effective driving force of India's growth

58. Social Justice was largely a political slogan. For our authorities, social justice is a powerful and necessary governance version !! The saturation approach of 

covering all eligible human beings is the genuine and comprehensive success of social justice, this is secularism in movement, reduces corruption, prevents nepotism 

There is transparency and assurance that advantages are obtained for all eligible people, no matter their social status get entry to opportunities We are 

addressing systemic inequalities that have plagued our society, our recognition is on outcomes and now not on outlays so that socioeconomic transformation is done

59. Charging of electrical cars Entrepreneurship possibilities to a huge quantity of vendors for supply and set up, employment opportunities for adolescents with 

technical skills in manufacturing, installation, and renovation

60. Rooftop solarisation and unfastened power

61. Through rooftop solarisation, 1 crore households might be enabled to obtain as much as three hundred units of free strength every month

62. FDI inflows stand at $596 billion, twice extra than 2014-15

63. The government will shape an excessive-powered committee to address the worries of rapid populace increase and demographic change

64. Fisheries scheme to help reach the goal of INR 1 lakh crore exports

65. The government is planning to build an additional 2 crore houses under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) scheme.

66. Fiscal deficit for FY 24 revised to 5.8%, down from an advance estimate of 5.9% in BE.

67. FDI is 'First Develop India. FDI influx for the duration of 2014 to 2023 became Rs 596 billion US bucks, marking a golden technology. This becomes twice the FDI 

influx from 2005 to 2014. For sustained FDI, we are negotiating bilateral investment treaties with foreign companions

68. Under Pradhan Mantri Mudra Yojana, over 43 crore loans have been sanctioned amounting to Rs. 22.5 lakh crore to support the entrepreneurial aspirations of young Indians.

69. The revised fiscal deficit anticipated for FY24 has been pegged at 5.8% of GDP and the deficit for FY25 is pegged at 5.1%

70. To deal with the growing enthusiasm for home tourism, we can undertake projects to enhance port connectivity, tourism infrastructure, and amenities on our islands, inclusive of Lakshadweep.

71. The authorities will actively inspire both private and public investment in post-harvest sports, including aggregation, modern-day garages, delivery chains, number one and secondary processing, as well as advertising and branding.

72. Building on the success of nano urea adoption, we will amplify the utility of Nano DAP on diverse vegetation throughout all agroclimatic zones.

73. The Electronic National Agricultural Market has correctly included 1,361 mandis and is providing offerings to one.8 crore farmers, with a trading extent of three lakh crores of rupees. This area is poised for inclusive, balanced, and better growth and productiveness.

74. I advise preserving the present-day tax rates for both direct and indirect taxes, along with import duties.

75. The government will gift a white paper inside the residence on the mismanagement of the economic system previous to 2014, losing light on the issues that need to be addressed.

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