New Tax Regime slab : 0-3 lakhs - Nil 3-7 Lakhs - 5 percent 7-10 lakhs - 10 percent 10-12 lakhs - 15 percent 12-15 lakhs - 20 percent and above 15 lakhs- 30 percent :FM For those opting for the new tax regime, the standard deduction for salaried employees to be increased from Rs 50,000 to Rs 75,000 #Budget2024

Govt to provide e-vouchers directly to 1 lakh students every year with interest subvention of 3 per cent of loan amount #Budget2024

Dil Khus Kardiya Himanta Da Ki Sandesh Ne! Hame Apse Garv Hey! 👉 प्रधानमंत्री सूर्योदय योजना को असम बजट में राज्य में अनिवार्य कर दिया गया है। 👉 आज के बजट से हम एक नयी प्रणाली लाना चाहते हैं जहाँ असम यह नहीं पूछे की दिल्ली से क्या मिल सकता है, पर यह पूछे की असम विकसित भारत के योगदान में क्या दे सकता है। #AssamBudget2024

Here's a detailed summary of FM .@nsitharaman Ji's statements and announcements in #InterimBudget2024: **Economic Transformation and Priorities:** - Bharat's Economy witnessed transformation, with a focus on future development. - Structural reforms were undertaken, along with pro-people initiatives, instilling a new sense of purpose in the country. - The government addressed worries about food by providing free rations for 80 crore people. - Real income in rural areas was enhanced, and systemic inequalities are being addressed. - Priorities include the welfare of Garib, Mahila, Annadata, and Yuva. **Government Initiatives and Achievements:** - The government assisted 25 Crore people in escaping multi-dimensional poverty over the last ten years. - 78 Lakh street vendors benefited from PM Swanidhi. - Direct Benefit Transfer of ₹34 Lakh Crore was facilitated through PM Jan Dhan Account, resulting in ₹2.7 Lakh Crore savings for the government. - 1051 Mandis have been connected, transacting ₹2 Lakh Crore. - The National Education Policy and Skill India initiatives are driving transformational reforms. - 30 Crore Mudra Yojna Loans were disbursed to women entrepreneurs. - Increased participation of women in the workforce is evident. - Modi Sarkar connected 70% of rural houses under PM Awas Yojana to women as sole owners. - Investments are robust, the economy is performing well, and inflation is moderate. - Record-building of physical, digital, and social infrastructure is underway. **New Initiatives and Plans:** - Introduction of Gift IFSC to create a robust gateway for global capital and financial services. - Establishment of Bharat-Middle East-Europe corridor for strategic development. - Plans to double seafood exports and set up more medical colleges. - Focus on promoting public and private investment in post-harvest activities and achieving Atmanirbharata in oil seeds. - Rollout of U-Win platform for managing vaccination nationwide. **Future Outlook and Targets:** - Next five years are projected to be years of unprecedented development. - Rooftop Solarisation to benefit 1 Crore households with 300 units of free electricity monthly. - Close to achieving the target of 3 crore houses under PM Awaas Yojana Grameen. - Launching a scheme for middle-class housing. - Roadmap for Viksit Bharat to be presented in the full budget in July. - Revised fiscal deficit at 5.8% of GDP for FY 23-24, aiming for 5.1% for FY 24-25. **Taxation and Fiscal Policies:** - No proposed changes to taxation, both direct and indirect. - Proposal to withdraw direct tax demand up to ₹25,000 for years up to FY2009-10 and up to ₹10,000 from FY 2010-11 onwards. - No changes to income tax slabs. - Revised total expenditure for FY24 at ₹44.90 Lakh Crore. - Formation of a high-powered committee to address concerns of fast population growth and demographic change. **Miscellaneous Updates:** - Focus on improving taxpayer services and reducing GST compliance burden. - Enhanced focus on EV ecosystem, bio manufacturing, and tourism sectors. - FDI inflow doubled since 2014, negotiating bilateral treaties for foreign investments. This detailed summary encapsulates the key points and initiatives announced during FM .@nsitharaman Ji's speech in the InterimBudget2024, showcasing the government's vision and plans for the economy.

Here's a detailed summary of FM .@nsitharaman Ji's statements and announcements in #InterimBudget2024: **Economic Transformation and Priorities:** - Bharat's Economy witnessed transformation, with a focus on future development. - Structural reforms were undertaken, along with pro-people initiatives, instilling a new sense of purpose in the country. - The government addressed worries about food by providing free rations for 80 crore people. - Real income in rural areas was enhanced, and systemic inequalities are being addressed. - Priorities include the welfare of Garib, Mahila, Annadata, and Yuva. **Government Initiatives and Achievements:** - The government assisted 25 Crore people in escaping multi-dimensional poverty over the last ten years. - 78 Lakh street vendors benefited from PM Swanidhi. - Direct Benefit Transfer of ₹34 Lakh Crore was facilitated through PM Jan Dhan Account, resulting in ₹2.7 Lakh Crore savings for the government. - 1051 Mandis have been connected, transacting ₹2 Lakh Crore. - The National Education Policy and Skill India initiatives are driving transformational reforms. - 30 Crore Mudra Yojna Loans were disbursed to women entrepreneurs. - Increased participation of women in the workforce is evident. - Modi Sarkar connected 70% of rural houses under PM Awas Yojana to women as sole owners. - Investments are robust, the economy is performing well, and inflation is moderate. - Record-building of physical, digital, and social infrastructure is underway. **New Initiatives and Plans:** - Introduction of Gift IFSC to create a robust gateway for global capital and financial services. - Establishment of Bharat-Middle East-Europe corridor for strategic development. - Plans to double seafood exports and set up more medical colleges. - Focus on promoting public and private investment in post-harvest activities and achieving Atmanirbharata in oil seeds. - Rollout of U-Win platform for managing vaccination nationwide. **Future Outlook and Targets:** - Next five years are projected to be years of unprecedented development. - Rooftop Solarisation to benefit 1 Crore households with 300 units of free electricity monthly. - Close to achieving the target of 3 crore houses under PM Awaas Yojana Grameen. - Launching a scheme for middle-class housing. - Roadmap for Viksit Bharat to be presented in the full budget in July. - Revised fiscal deficit at 5.8% of GDP for FY 23-24, aiming for 5.1% for FY 24-25. **Taxation and Fiscal Policies:** - No proposed changes to taxation, both direct and indirect. - Proposal to withdraw direct tax demand up to ₹25,000 for years up to FY2009-10 and up to ₹10,000 from FY 2010-11 onwards. - No changes to income tax slabs. - Revised total expenditure for FY24 at ₹44.90 Lakh Crore. - Formation of a high-powered committee to address concerns of fast population growth and demographic change. **Miscellaneous Updates:** - Focus on improving taxpayer services and reducing GST compliance burden. - Enhanced focus on EV ecosystem, bio manufacturing, and tourism sectors. - FDI inflow doubled since 2014, negotiating bilateral treaties for foreign investments. This detailed summary encapsulates the key points and initiatives announced during FM .@nsitharaman Ji's speech in the #InterimBudget2024, showcasing the government's vision and plans for the economy.