Budget Should Be In Simple Language, Nirmala Sitharaman Tells NDTV: Highlights

The Union Budget 2024-25 rewarded key NDA allies, relieved taxpayers under the new regime and focused on creating job opportunities for youngsters.

Days after the first budget of Modi 3.0 was unveiled, Finance Minister Nirmala Sitharaman speaks to NDTV's Editor-In Chief Sanjay Pugalia. The Union Budget 2024-25 rewarded key NDA allies, relieved taxpayers under the new regime and focused on creating job opportunities for youngsters.

In a big announcement for working professionals, Ms Sitharaman had said that the Centre will give one-month's salary to those joining their first job. No Changes were made to the old tax regime, which a large section of professionals opt for.

Budget 2024 also proposed to raise the limit of exemption of capital gains on some financial assets to ₹ 1.25 lakh per year.