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Last updated: February 1, 2024 05:30 US Standard Time

Budget 2024: With expectations growing for the upcoming 2024 mid-term budget, India is eagerly awaiting the proposals that Finance Minister Nirmala Sitharaman is likely to unveil. While it is important to remember that the interim budget is primarily focused on maintaining essential services until a new government takes office, there are still some key expectations.

The interim budget for the financial year 2024-25 is scheduled to be presented today on February 1, 2024, in line with Indian tradition, ahead of general elections expected in April-May 2024.

An interim budget, often called a vote of account, is a temporary financial plan put forward by a government when time or mandate constraints prevent a full budget from being rolled out.

2024 Budget Expectations:

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