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What is Interim Budget?

Interim Budget

About Interim Budget

What is Interim Budget?

An Interim Budget is presented by a government that is going through a transition period or is in its last year in office ahead of general elections. Traditionally, an incumbent government cannot present a full Union Budget in the election year. Instead, the Finance Minister presents an Interim Budget during the joint sitting of Rajya Sabha and Lok Sabha in Parliament.
 
With an Interim Budget, the incumbent government seeks a vote of approval from Parliament to draw money from the Consolidated Fund of India to meet its Budget expenses before the end of the financial year; that is, March...
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Latest Updates on Interim Budget

LIVE: Budget will fuel progress, empower people, says Shree Cement MD

Union Budget 2024 Live Updates: Catch all the latest updates here

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Updated On : 02 Feb 2024 | 5:21 PM IST

FM Sitharaman's Interim Budget is high on confidence, not on populism

FM overperforms on deficit, stays away from sops, pushes feel-good factor by ending old tax disputes, lists out decade of development

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Updated On : 02 Feb 2024 | 12:37 AM IST

Budget 2024: Industry leaders 'happy' with Modi govt's 'prudent' budget

Budget 2024 Updates: Finance Minister Nirmala Sitharaman presented her sixth budget, an interim one on February 1, ahead of the Lok Sabha elections scheduled for this year

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Updated On : 01 Feb 2024 | 5:36 PM IST

Govt targeting to help 30 mn women become 'Lakhpati Didis': FM Sitharaman

Prime Minister Narendra Modi last year launched the 'Lakhpati didi Yojana', which seeks to give training to women associated with self-help groups

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Updated On : 01 Feb 2024 | 1:28 PM IST

Interim Budget 2024: Youth scaling new heights in sports - Sitharaman

Presenting the interim budget in Parliament, Sitharaman noted that India has over 80 chess grandmasters compared to about 20 in 2010.

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Updated On : 01 Feb 2024 | 1:23 PM IST

Interim Budget: Railways get 3 new corridors; 40,000 bogies to be upgraded

Proposals will lead to safety and higher travel speed for passengers, says Finance Minister

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Updated On : 01 Feb 2024 | 11:44 PM IST

FM Sitharaman's interim Budget extends tax benefits in IFSC till March 2025

Proposal will give 'some breather' business set up in GIFT city, she says

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Updated On : 02 Feb 2024 | 1:20 AM IST

Interim Budget: FM sticks to fiscal consolidation path in Budget speech

Interim Budget: FM Sitharaman said that the fiscal deficit in 2023-24 is expected to be 5.8%, lower than the earlier estimates of 5.9%

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Updated On : 01 Feb 2024 | 12:35 PM IST

Interim Budget: Ayushman Bharat cover to be extended to all ASHA workers

Ayushman Bharat - Pradhan Mantri Jan Aarogya Yojana was launched in 2018 and provides health coverage of Rs 5 lakh to over 500 million beneficiaries

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Updated On : 01 Feb 2024 | 11:56 AM IST

Budget 2024: How govt keeps Budget a secret until finance minister's speech

The Centre has been successfully guarding the Union Budget every year till the finance minister presents it during the Budget session. Read on to find how they do it

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Updated On : 01 Feb 2024 | 10:11 AM IST

Interim Budget 2024 highlights: Capex from govt will continue, says FM

Union Budget 2024 LIVE updates: FM Sitharaman in her Interim Budget speech stated the Centre is working towards making India 'viksit' by 2047. Catch the latest updates here

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Updated On : 01 Feb 2024 | 11:39 PM IST

L&T, Hero Moto, HUL, IRFC: Stocks to watch ahead of interim budget 2024

Cables and switch companies are expected to benefit from a fillip to housing construction activities and urban infrastructure, as per experts

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Updated On : 31 Jan 2024 | 12:01 PM IST

Budget 2024 highlights: All eyes on last Budget before Lok Sabha elections

A resolution praising Prime Minister Narendra Modi for the consecration of Ram temple in Ayodhya will be introduced during the budget session of the Gujarat assembly beginning February 1

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Updated On : 31 Jan 2024 | 9:20 PM IST

India's capex budget: Experts call for multiyear, data-driven plans

A beginning has already been made with detailed planning for the Indian Railways

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Updated On : 30 Jan 2024 | 6:45 PM IST

Budget 2024 Highlights: Parliament's Budget Session to begin on Wednesday

Union Finance Minister Nirmala Sitharaman is set to table the interim budget for 2024-25 on Thursday, February 1. Catch all the latest Budget 2024 updates here

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Updated On : 30 Jan 2024 | 9:11 PM IST

PM-KISAN to Ayushman Bharat: Key changes possible in interim Budget

Interim Budget: Nirmala Sitharaman has said that there may not be big announcements. However, various reports have suggested that there may be some changes in many of the Centre's schemes

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Updated On : 24 Jan 2024 | 2:45 PM IST

Budget 2024: What do the online gaming and esports industries expect?

Interim Budget 2024: Online gaming and esports industries have had an eventful 2023 owing to the GST Council's decision to impose a blanket 28% tax. Here's what the industries expect in the Budget

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Updated On : 23 Jan 2024 | 11:32 AM IST

Budget 2024: Why was the presentation time changed to 11 am from 5 pm?

Budget 2024 time: The Union Budget is presented at 11 am on February 1 every year but it was not the practice earlier. Here's why it was changed and when

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Updated On : 25 Jan 2024 | 10:28 AM IST

Budget 2024: Centre may increase FY25 capex target for CPSEs by 12-13%

The government aims to propel economic growth with a higher capital expenditure target for central public sector enterprises (CPSEs) in the upcoming financial year

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Updated On : 22 Jan 2024 | 12:18 PM IST

Budget 2024: Rs 7,500 cr Delhi Metro corridor linking Haryana, UP on cards

The project is estimated to cost Rs 7,500 crore and will extend from Rithala in Delhi to Kundli in Haryana, which is the sixth corridor of the phase IV project

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Updated On : 19 Jan 2024 | 2:49 PM IST