"budget-2024"

Chief Minister A Revanth Reddy said the State government had decided to boycott the Niti Ayog meeting to be held under the chairmanship of Prime Minister Narendra Modi on July 27.

The standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000 annually. Similarly, deduction on family pension for pensioners is proposed to be enhanced from Rs 15,000 to Rs 25,000.

Presenting the Budget for 2024-25, Sitharaman outlined a comprehensive plan that addressed key issues faced by Andhra Pradesh post-bifurcation.

With a three-fold increase in domestic production and an almost 100-fold jump in exports of mobile phones over the last six years, the Indian mobile phone industry has matured.

The amount will be provided to the employees as a Provident Fund contribution.

Urge the government to explore methods to incentivise R&D investments, such as deductions on R&D expenses

While presenting the Interim Budget in Lok Sabha, Sitharaman announced that one crore households will receive up to 300 units of free electricity per month.

The interim budget is set to be presented by the Union Finance Minister this year, coinciding with the upcoming Lok Sabha polls.