How many times has Nirmala Sitharaman, the finance minister, delivered the union budget?

Union Budget 2024: Nirmala Sitharaman, the finance minister, is expected to surpass late Moraji Desai’s record of presenting six Union Budgets in a row.

Union Budget 2024: On Tuesday, July 23, at 11 a.m., Finance Minister Nirmala Sitharaman will deliver the Union Budget 2024 in Parliament, her seventh straight year in office. With this, Nirmala Sitharaman is poised to surpass late Moraji Desai’s record of six straight budgets. The budget is expected to concentrate on enhancing the ease of doing business in India and altering the income tax system. The Modi 3.0 government’s first budget will be this one.

Nirmala Sitharaman will deliver the Union Budget 2024 electronically, just like she has done with the last three complete budgets. A few months before the Lok Sabha elections, on February 1, Nirmala Sitharaman presented the interim Union Budget 2024. Up until it was constituted after the general elections, the interim budget paid for the expenses of the interim administration.

Everyone’s attention will be focused on the finance minister’s bold remarks and the government’s predictions for the overall state of the economy. The Rajya Sabha will hear a statement by the Union Finance Minister outlining the government’s projected revenue and outlays for the fiscal year 2024–2025 in both Hindi and English. She will table the Union Budget 2024–25 one hour after it concludes its presentation in the Lok Sabha.

The Finance Minister further placed copies of the medium-term fiscal policy plan statement and the macro-economic framework statement (in both Hindi and English) on the table by subsection (1) of Section 3 of the Fiscal Responsibility and Budget Management Act, 2003. In addition, Nirmala Sitharaman will present the legislative estimates of the Union Territory of Jammu and Kashmir’s 2024–25 receipts and outlays in both Hindi and English.

Several reforms were implemented by the government while Nirmala Sitharaman was Finance Minister. The government adjusted tax slabs under the new tax system in the budget that was presented in 2023–2024. To lighten the load on the middle class, the income tax slab was shifted from ₹7 lakh to ₹5 lakh.