Budget 2024 expectations: In the Budget, the Finance Minister is expected to take steps to provide economic boost to sustain India’s growth momentum4 sectors, 19 stocks to focus on as investors prepare for Budget announcements tomorrow. Finance Minister Nirmala Sitharaman is going to present the full Budget of the Narendra Modi 3.0 government for the fiscal year 2024-25 on July 23. In the Budget, the Finance Minister is expected to take steps to provide economic boost to sustain India’s growth momentum. In first Union Budget post Lok Sabha elections, there is expectation that Finance Minister will provide relief on the income tax front to put more money in the hands of the common man and even the middle class. The Modi government is expected to continue its focus on capital expenditure to drive GDP growth, with special emphasis on infrastructure development.

Source: Mint July 22, 2024 19:18 UTC