Complete analysis of Union Budget 2024 Suraj.pptx

Complete analysis of union budget 2024-2025

1. Each one Teach one

2. UnionBudget 2024 Presented by Finance Minister Nirmala Sitharaman on July 23, 2024

3. What is the Union Budget? Annual financial statement of the estimated receipts and expenditure of the government for a particular year. Presented to Parliament by the Finance Minister. Introduction:-

4. Roadmap for our pursuit of ‘ Viksit Bharat’

5. Budget Highlights Revenue + Capital Receipts: ₹48.20 lakh crore Revenue + Capital expenses: ₹52.10 lakh crore BUDGET 1.SURPLUS :Income > Expenses 2.BALANCED:Income = Expenses 3.DEFICIT :Income < Expenses

6. Key Takeaways From the Union Budget Defence : ₹4.54 Lakh Crore Rural Development : ₹2.65 Lakh Crore Agriculture and Allied Activities : ₹1.51 Lakh Crore Home Affairs : ₹1.50 Lakh Crore Education : ₹1.25 Lakh Crore IT and Telecom : ₹1.16 Lakh Crore Health : ₹0.89 Lakh Crore Energy : ₹0.68 Lakh Crore Social Welfare : ₹0.56 Lakh Crore Commerce & Industry : ₹0.47 Lakh Crore

7. Key Priorities for Viksit Bharat Productivity and resilience in Agriculture Employment & Skilling Inclusive Human Resource Development and Social Justice Manufacturing & Services Urban Development Energy Security Infrastructure Innovation, Research & Development Next Generation Reforms

8. Natural Farming Natural Farming Shrimp Production & Export Digital Public Infrastructure (DPI) 4. Issuance of Jan Samarth 5. Digital crop survey

9. 1. 20 lakh youth will be skilled over a 5-year period. 2. 1,000 Industrial Training Institutes will be upgraded in hub and spoke arrangements with outcome orientation. Skilling Programme

10. Andhra Pradesh Reorganization Act: 1. Financial support of ₹15,000 crores will be arranged in FY 24- 25. 2. Completion of Polavaram Irrigation Project ensuring food security of the nation. • Essential infrastructure such as water, power, railways and roads in Kopparthy node on the Vishakhapatnam-Chennai Industrial Corridor and Orvakal node on Hyderabad-Bengaluru Industrial Corridor.

11. Internship Opportunities 1.Scheme for providing internship opportunities in 500 top companies to 1 crore youth in 5 years. 2. Allowance of ₹5,000 per month along with a one-time assistance of ₹6,000 through the CSR funds.

12. PM Awas Yojana Urban 2.0 1. Needs of 1 crore urban poor and middle-class families will be addressed with an investment of ₹10 lakh crore 2. Enabling policies and regulations for efficient and transparent rental housing markets with enhanced availability will also be put in place.

13. 1 crore Households obtain free Electricity Up to 300 Units every month 1.28 crore Registrations and 14 lakh applications so far

14. Irrigation and Flood Mitigation 1.Assistance for flood management and related projects in Assam, Sikkim & Uttarakhand 2.Assistance for reconstruction and rehabilitation in Himachal Pradesh 3. The development of Nalanda as a tourist centre besides reviving Nalanda University to its glorious stature.

15. Taxonomy for climate finance: Enhancing the availability of capital for climate adaptation and mitigation related investment s FDI and Overseas Investments: Simplified to facilitate FDIs and promote opportunities for using Indian Rupee as a currency for overseas investments

16. Capital Gains Tax: Long-term capital gains tax increased to 12.5% from 10%. Short-term capital gains tax increased to 20% from 15%. Exemption limit for capital gains increased to Rs 1.25 lakh per year from Rs 1 lakh per year. Indexation benefits removed Major Increase in Taxes

17. Thank You!