The 2024 Union Budget, presented by the finance minister focuses on 9 key areas. These include agriculture, employment, urban development, and innovation. Major tax reforms were introduced, such as increasing the standard deduction to ₹75,000 and revising tax slabs. These could result in significant savings for salaried employees. A 12.5% tax will now be levied on long-term capital gains. Additionally, substantial investments were announced for housing under PM Awas Yojana, solar energy, and various state-specific projects. New schemes were introduced for minors' savings, higher education loans, and enhanced Mudra Loans. Moreover, the budget suggested a reduction in customs duties for mobile phones, gold, silver, and specific cancer drugs. The focus was also on tourism development, with significant allocations for road projects and state-specific development packages.