Nirmala Sitharaman's Budget Speech Summary: ... ... Interim Budget 2024: India Targets 5.1% Deficit Amid Boost

Nirmala Sitharaman's Budget Speech Summary:

• FY24 fiscal deficit projected at 5.8% of GDP.
  
  
• FY24 total expenditure revised to ₹44.90 lakh crore.
  
  
• Total receipts, excluding borrowings, for FY24 amount to ₹27.56 lakh crore.
  
  
• Tax receipts for FY24 estimated at ₹23.24 lakh crore.
  
  
• FY25 fiscal deficit anticipated at 5.1%.
  
  
• Aim to lower fiscal deficit to below 4.5% by FY26.
  
  
• FY25 gross market borrowing expected to reach ₹14.13 lakh crore.