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Budget 2024: Tax exemption can be given in the budget, this announcement can be made for farmers


Finance Minister Nirmala Sitharaman will present the Budget 2024-25 and preparations are also going on for this. In such a situation, it is expected that a big announcement regarding tax exemption can be made in the budget this time. Tax exemption can be given in the budget this time. This move will benefit individuals with an annual income of Rs 5 lakh to Rs 15 lakh.

The amount of Kisan Yojana can also increase.

It is being claimed in the report that the government is also considering increasing the incentive amount given to farmers under the PM Kisan Yojana. The amount of Rs 6000 annually can be increased to Rs 8,000. At the same time, payments can be increased under the Minimum Guarantee Scheme and financial assistance for women farmers can be expanded.

When can the budget be presented?

According to the information, Finance Minister Nirmala Sitharaman is holding pre-budget consultations with economists, trade unions, and industry chambers, among others. In such a situation, it is believed that the budget may be announced on July 22.

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