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Budget 2024: Which tradition will Nirmala Sitharaman break this year? What new steps will be taken in the budget?

Ritul Pandey

By Ritul Pandey

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What kind of a break from tradition is this, what kind of a new step is this

The first budget of Modi 3.0 and the full budget for the financial year 2024-25 is likely to be presented by the end of next month. Union Finance Minister Nirmala Sitharaman will present the budget. While presenting this budget, she will set a new record in her name. Therefore, this year many experts are paying attention to which tradition will they break and which new ground will they break instead.

Will present the budget for the seventh time

Union Finance Minister Nirmala Sitharaman will present the budget for the seventh time. Former Finance Minister Morarji Desai has the record of presenting 6 budgets before this. Before becoming the Prime Minister of the country, Desai has held the charge of Finance Minister several times. This time Sitharaman will present the budget for the seventh consecutive time. She also holds the record of being the first full-time woman Finance Minister of the country.

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Sitharaman made such a change

Earlier, during the budget speech of Finance Minister Nirmala Sitharaman, there was a discussion on the colour of sarees. She also broke many traditions. Some new steps have been taken.

1. Finance Minister Nirmala Sitharaman presented the first budget in 2019. At that time, the briefcase used since the British era was discontinued. Instead, she used a red colored chapadi. ​​It is also called Vahikhate.

2. During the Corona period, in 2021, she presented the country’s first paperless budget. She reached Parliament with a tablet. She read the budget speech. The tab was brought in a red folder instead of a notebook.

3. However, in 2022, he broke new ground. There is a tradition in the country to sweeten the mouth by eating halwa before printing the budget copy every year. Seeing the impact of Corona, he broke this tradition. Instead, he distributed sweets to the officials of the Finance Ministry. But the Halwa program has not been stopped.

4. His budget speech last year in 2023 was quite different. Last year he made huge changes in the tax system. He implemented a new tax system. There have been major changes in the income tax slabs, except for a certain level of income. He implemented this new tax system as the default tax system.

Ritul Pandey

Ritul Pandey

I am Ritul Pandey, a content creator focused on delivering entertaining and engaging news from the worlds of entertainment and sports

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