Budget 2024: Finance Minister Nirmala Sitharaman is set to present her sixth consecutive Budget with the focus on infusing more funds into the public's hands. Potential adjustments to tax slabs or an increase in standard deductions may be implemented. The budget may also allocate more funds for the rural employment guarantee scheme MGNREGA and offer higher payouts for farmers. Women and marginalised communities are likely to receive additional benefits to boost consumption before the general elections.
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