<h1>Budget 2024-25: Focus on Jobs, MSMEs, Middle-Class Relief; Tax Reforms to Boost Revenue and Support Startups.</h1> The Union Budget 2024-25, presented by the Finance Minister, outlines a fiscal plan with total receipts of Rs. 32.07 lakh crore and expenditure of Rs. 48.21 lakh crore, targeting a fiscal deficit of 4.9% of GDP. Key focuses include employment, skilling, MSMEs, and middle-class support, with initiatives like a package for youth employment and skilling, agricultural resilience, urban development, and energy security. Tax reforms aim to simplify the structure, enhance taxpayer services, and boost revenues. Notable changes include adjustments in GST, customs duties, and personal income tax rates, alongside measures to support startups and foreign investments.