2024-07-02 08:55:02
Budget 2024 Date Live Updates: While reports suggested that Finance Minister Nirmala Sitharaman is all set to table the Union Budget for FY25 on July 23 or 24, there is still no official announcement of the date of the Budget presentation by the government. Moving closer to the date of the Budget presentation, there is a slew of expectations, demands and anticipation from people, industries, and economists alike.
Meanwhile, the first session of the 18th Lok Sabha has already commenced on June 24 and later on June 26, Om Birla, a three-time BJP MP, was re-elected as the Lok Sabha Speaker for a second term. He won against the INDIA bloc’s candidate, Congress’ Kodikunnil Suresh, through a voice vote. The Monsoon Session of the Parliament, according to sources, is expected to begin on July 22 and the Budget presentation will coincide with this. The session is likely to continue until August 9.
Earlier on June 22, Nirmala Sitharaman presided over the 53rd GST Council meeting, which deliberated on various proposals to streamline GST applicability across goods and services, and several recommendations were made to refine tax rates and service exemptions under the GST regime.
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