💨 Abstract

Finance Minister Nirmala Sitharaman, in her latest budget, aimed for a balance between fiscal prudence and growth. She maintained India's commitment to fiscal deficit and debt reduction targets despite Moody's not upgrading India's ratings. The budget included the biggest tax relief for the middle class and a plan to reduce the fiscal deficit and debt by 2031.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖