Home / Economy / News / 'No spectacular announcements': Will FM walk the talk on interim Budget?

'No spectacular announcements': Will FM walk the talk on interim Budget?

The Interim Budget due on February 1, 2024, will include a Vote on Account to ensure that the government's expenditure does not get affected in view of the Lok Sabha elections

Premium

Finance Minister Nirmala Sitharaman

6 min read Last Updated : Jan 28 2024 | 10:56 PM IST

Union Finance Minister Nirmala Sitharaman has already stated that there would be no spectacular announcements in the forthcoming Interim Budget for 2024-25. If this happens, it would be a drastic change from the practice of coming out with new policies and tax rate changes in Interim Budgets since 2004-05.

The Interim Budget is also called “Vote on Account” in common parlance. However, a Vote on Account contains just the government’s expenses, whereas an Interim Budget deals with receipts and payments. A vote on account is valid for two months or so, while an Interim Budget is a Budget for the

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in