Assam budget tabled with new majors, no additional tax

Assam Finance Minister Ajanta Neog presented Assam’s 2024-25 financial year budget of 2.9 crore with a deficit of Rs 774.47 crore, on Monday.

According to the reports, no additional tax will be imposed on the people of Assam and also Neog said, GSDP is estimated to touch Rs 6.43 lakh crore during the next financial year as against Rs 5.7 lakh crore in 2023-24.

Neog said, “The Budget Estimates of 2024-25 show a receipt of Rs 1,43,605.56 crore under the Consolidated Fund of the state. After adding the receipt of Rs 1,44,550.08 crore under Public Account and Rs 2,000 crore under Contingency Fund, the aggregate Receipts amount to Rs 2,90,155.65 crore.”

“This is to bolster the government’s mission to eliminate child marriages. Apart from punitive and regulatory measures, we need to empower the girl child to decide about when to marry,” she added further.

By editor