In dia’s Finance Minister Nirmala Sitharaman is set to present the Budget 2024 for on This will be the sixth time Sitharman presents the Budget, after scripting history in 2019 by becoming India’s first full time female Finance Minister. However, this time the budget will be an interim one, instead of a full union budget. Lets understand what is an interim budget and how it is different from a full union budget. What Is An Interim Budget? Interim Budget 2024 The Interim Budget serves as a temporary framework for managing provisional expenditures over a shorter duration, usually a few months, until a new government takes office later in that financial year. How Is Interim Budget Different From Full Budget? Unlike a usual full Union Budget that is presented on most years, an interim budget tends to happen in the years in which a country is going for general elections. On the other hand, ...
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