Budget 2024 Expectations Highlights: Tax slabs, new tax regime, jobs, infra capex in focus

Budget 2024 Expectations Live Updates: The Interim Budget or the Vote on Account for 2024 will be presented by Finance Minister Nirmala Sitharaman this week on February 1, 2024. The Union Budget 2024 will be presented around 11:00 AM on Thursday. The Budget 2024 for this year will be an Interim Budget because Lok Sabha polls are slated to take place in the coming months and the full year Budget 2024 will be presented after the new government is elected. But like every year, expectations from Budget 2024 are also high in terms of providing relief to the common man, the middle class, farmers, women and the industry. From income tax slab changes, new income tax regime tweaks to an increase in standard deduction and Section 80C limits, salaried taxpayers are looking at Budget 2024 to increase tax relief. There are also expectations that the Narendra Modi government will meet its fiscal deficit target while at the same time continuing its capital expenditure push on key infrastructure sectors such as roadways and railways. Track TOI Online for Live coverage on the top expectations from Budget 2024: