Union Finance Minister Nirmala Sitharaman presented the interim budget on February 1, 2024, as the previous Narendra Modi government went for re-election in the Lok Sabha polls held during April-June. Sitharaman, however,laid out the government’s financial plans and projections for the coming fiscal year.

The budget reflected the government’s priorities and strategies, with key highlights outlined below:

Expenditure

Receipts

GDP growth

Deficits

New schemes and allocations

Tax proposals

Policy highlights

Demography

Formation of a high-powered committee to address population growth and demographic issues.

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While we wait for Union Budget 2024, a look at highlights from Interim Budget