Exciting Changes in the Union Budget 2024: What to Expect for FY 2025
In a groundbreaking presentation on Tuesday, Indian Finance Minister Nirmala Sitharaman unveiled the Union Budget 2024, marking her seventh consecutive budget. The announcement is already creating a buzz, especially with a series of proposed customs duty cuts aimed at enhancing consumer savings and boosting domestic industries. Sitharaman’s proposal to lower duties on a range of products promises to make several essentials more affordable and accessible to the public. What’s Getting Cheaper? Starting in FY 2025, several key items will see a reduction in costs, much to the delight of consumers: Cancer Drugs : A significant cut that could ease the financial burden on patients and their families. Gold, Silver, Platinum Making Charges : Jewelry enthusiasts and investors will benefit from lower costs. Leather Goods : From fashion to accessories, leather products are set to become more affordable. Fish and Shrimp Feed : Beneficial for the aquaculture industry, which will now face reduce...