Finance minister Nirmala Sitharaman on Thursday increased capital expenditure by 11 per cent for the next fiscal to sustain the world-beating economic growth rate while trimming the deficit in a reform-oriented Interim Budget that also gave relief to the common man from disputed small tax demands of up to ₹25,000.
![People watch the live telecast of the interim budget 2024 by Union finance minister Nirmala Sitharaman, at a showroom in Gurugram, on Thursday. (ANI) People watch the live telecast of the interim budget 2024 by Union finance minister Nirmala Sitharaman, at a showroom in Gurugram, on Thursday. (ANI)](https://kv1nsbvizag.org/wp-content/uploads/2024/02/Budget-2024-Key-announcements-for-aam-aadmi-in-Nirmala-Sitharamans.jpg)
Presenting a vote on account or an Interim budget for the financial year 2024-25, Nirmala Sitharaman proposed no changes in income tax rates for individuals and corporates, as well as customs duty.
In less than an hour-long budget speech, she presented the Narendra Modi government’s achievements in the last 10 years that transformed India from being a “fragile” economy to the world’s fastest-growing major economy. Follow Live Updates on Budget 2024