Union Budget 2024: Gajendra Shekhawat Explains Focus On Religious Tourism | ABP News

Finance Minister Nirmala Sitharaman presented the Union Budget, offering relief to the poor, middle class, and wealthy. Key highlights include an increased standard deduction for New Tax Regime taxpayers, although higher capital gains taxes and the end of indexation benefits caused some disappointment. Salaried employees and pensioners will benefit from higher family pension deductions and annual savings of Rs 17,500. The budget allocates Rs 1.5 lakh crore to states, reduces costs for cancer drugs, mobile phones, gold, and silver, abolishes the angel tax, and lowers TDS for e-commerce operators. Capex for FY 2025 is Rs 11.11 lakh crore. Gajendra Shekhawat emphasized the government's aim to make India prosperous by transforming the lives of the poor, farmers, and women, with a focus on employment and youth.