![[Union Budget 2024] FM Nirmala Sitharaman Announces 6-Month Review of 'Income Tax Act' to Reduce Disputes & Litigation](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/07/image-3-4.png?resize=447%2C367&ssl=1)
Today, On 23rd July, Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25, her seventh consecutive budget, surpassing Morarji Desai’s record. She highlighted key proposals including a review of the Income Tax Act, reduction in customs duties, and the Modi 3.0 roadmap. The budget aims to revamp the income tax system and expand the tax base.
