Budget 2024: President Droupadi Murmu to Approve the Budget | ABP News

ABP News: On the day of the budget, Indian stock markets are showing signs of a positive start. The Nifty futures were at 24,537 at 8:18 AM, reflecting a gain of 17.80 points, indicating a slight increase of 0.07%, suggesting that Nifty might open in the green. Finance Minister Nirmala Sitharaman is set to leave her residence for the budget presentation, with all budget-related activities expected to commence soon.

Public Appeal: Reduce Tax Burden in the Budget 
The government has previously stated in the Lok Sabha that the country’s internal debt has increased over the past decade. The internal debt now exceeds 55% of GDP, up from 48.8% in 2013-14. Government data shows that salaried individuals contribute more to direct taxes than corporations. Clearly, there is a significant tax burden on the salaried and middle class, and the public is growing impatient for relief. There is a strong demand for either a change in tax slabs or a reduction in tax rates.