Interim Budget 2024: Funny Memes Go Viral On Social Media As Finance Minister Nirmala Sitharaman Delivers Her Speech

Soon after Union Finance Minister Nirmala Nirmala Sitharaman announced the interim budget for the fiscal year 2024, social media platforms were filled with funny memes with some supporting the government while others remain critical.

The Finance Minister made no changes in the taxation structure in what can be seen as a relief to taxpayers. “In keeping with convention, I do not propose to make any changes relating to taxation and propose to retain the same tax rates for direct and indirect taxes including import duties. However, certain tax benefits to startups and investments made by sovereign wealth or pension funds as also tax exemption on certain income of some IFSC units are expiring on March 31 2024; to provide continuity, I propose to extend the date to March 31 2025” the Finance Minister said.

The commitment to maintaining the existing tax framework aligns with the government’s strategy to provide stability and predictability to businesses and taxpayers.

Prime Minister Narendra Modi on Thursday called the Interim Budget presented by Finance Minister Nirmala Sitharaman in Parliament on Thursday, “inclusive and innovative”.

PM Modi, in his first post-budget remarks, said that the Interim Budget empowers the four pillars of Viksit Bharat.

“This interim budget is inclusive and innovative. It has confidence in continuity. It will empower all four pillars of Viksit Bharat: Yuva, Garib, Mahila and Kisan. This Budget gives the guarantee of making India a developed nation by 2047,” PM Modi said. He further said that this budget is a reflection of the young aspirations of a young India.

The Interim Budget for 2024 is expected to undergo detailed scrutiny in the coming days, with stakeholders analysing the implications of the proposed tax measures on various sectors of the economy. But meanwhile as discussions unfold around the budget, netizens posted funny memes on X (formerly known as Twitter).

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