Top 65 Highlights of Budget FY 2024-25 Unveiled by Finance Minister Nirmala Sitharaman

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1. No Changes in Income Tax Slabs
2. No Change in Tax rates for Company, LLP or any other person
3. Extension of Tax Sops for Sovereign Wealth Funds and Startups until March 2025
4. Withdrawal of Direct Tax Demands for Periods up to ₹25,000 and ₹10,000, Benefiting 1 Crore Taxpayers
5. Conversion of 40,000 Normal Railway Bogies to Vande Bharat Standards
6. Creation of ₹1 Lakh Crore Corpus for Long-term Interest-free Financing to Encourage R&D in the Private Sector
7. Rooftop Solarisation Initiative to Provide Free Electricity to 1 Crore Households Monthly
8. Focus on Empowering Garib, Mahila, Annadata, and Yuva
9. Commitment to Transform India into a Vikasit Bharat by 2047
10. Provision of Free Rations for 80 Crore People, Eliminating Food Insecurity
11. Lifting 25 Crore Indians out of Multidimensional Poverty Over the Past Decade
12. Saving ₹2.7 Lakh Crore through Leakage Avoidance
13. Integration of 1,051 Mandis through Electronic Agri Mandi, Facilitating Transactions Worth ₹2 Lakh Crore
14. Continuous Increase in Minimum Support Prices for Farmers
15. Direct Financial Assistance Extended to 11.8 Crore Farmers Annually
16. Empowerment Schemes such as PM SVANIDHI and PM JANMAN Yojana Providing Credit Assistance and Support
17. Focus on Social Justice and Inclusive Growth
18. 28% Increase in Female Enrollment in Higher Education
19. Empowerment of Women Entrepreneurs through MUDRA Yojana
20. Significant Increase in Female Participation in Workforce
21. Initiatives for Housing Middle-Class Families
22. Strategic Focus on Governance, Development, and Performance (GDP)
23. Expansion of Ayushman Bharat Scheme Coverage
24. Commitment to Housing for Middle-Class Families
25. Committee Formation for Establishing More Medical Colleges and Free Cervical Cancer Vaccines
26. Expansion of Nano DAP Application in Agro-climatic Zones
27. Successful Implementation of GST for One Nation One Market One Tax
28. Focus on Inflation Management for Stable Economic Growth
29. Expansion of Matsya Sampada Yojana for Employment Generation
30. Continued Implementation of PM Awas Yojana Rural
31. Strengthening Global Trade Relations through Initiatives like the India Middle East Europe Economic Corridor
32. Focus on Development of Aspirational Districts and Blocks
33. Comprehensive Approach to Social Justice for Systemic Transformation
34. Initiatives to Boost Domestic Tourism and Island Development
35. Promotion of Investment in Post-harvest Activities and Agri-infrastructure
36. Expansion of Nano DAP Application in Agro-climatic Zones
37. Integration of Electronic National Agricultural Market
38. Retention of Same Tax Rates for Direct and Indirect Taxes
39. Proposal for a White Paper on Mismanagement of the Economy Before 2014
40. FDI Inflows Stand at $596 Billion, Twice More Than 2014-15
41. Formation of High-powered Committee to Address Concerns of Fast Population Growth and Demographic Change
42. Fisheries Scheme to Help Reach the Target of INR 1 Lakh Crore Exports
43. 2 Crore More Houses To Be Built Under PMAY-Gramin
44. Fiscal Deficit for FY 24 Revised at 5.8%, Lower than Earlier Estimate of 5.9% in BE
45. PM Mudra Yojana Has Sanctioned 43 Crore Loans Amounting to Rs. 22.5 Lakh Crore for Entrepreneurial Aspirations of Our Youth
46. Revised Fiscal Deficit Estimated for FY24 Pegged at 5.8% of GDP and the Deficit for FY25 is Pegged at 5.1%
47. Assistance to States in Faster Development of Aspirational Districts and Blocks
48. Expansion of Ayushman Bharat Scheme Cover to All Asha, Anganwari Worker and Helpers
49. Launch of a New Scheme to Buy and Build Houses for Middle-Class Families
50. Committee to Set up More Medical Colleges and Provide Free Cervical Cancer Vaccines
51. Expansion of Nano DAP Application on Various Crops
52. GST Has Enabled One Nation One Market One Tax
53. GIFT IFSC and Unified Regulatory Authority IFSCA Creating a Robust Gateway for Global Capital and Financial Resources
54. Proactive Inflation Management for Stable Economic Growth
55. Expansion of Matsya Sampada Yojana for More Employment Opportunities
56. Continued Implementation of PM Awas Yojana Rural and Urban
57. India U.S. Europe-sponsored Middle East-Europe Corridor: Potential Gateway for World Trade
58. India Assumes G20 Presidency During Challenging Economic Times
59. Commitment to Social Justice and Effective Governance
60. Charging Infrastructure for Electric Vehicles
61. Employment Opportunities for Youth in Manufacturing, Installation, and Maintenance
62. Expanding Nano DAP Application in Agro-climatic Zones
63. Rooftop Solarisation and Free Electricity for 1 Crore Households
64. FDI Inflows Marking a Golden Era of Twice the Inflow Between 2005 to 2014
65. White Paper Proposal on Mismanagement of the Economy Before 2014

These highlights showcase the government’s multifaceted approach to economic development, social justice, and inclusive growth in the upcoming fiscal year.

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