The Union Budget for fiscal year 2024-25 will be presented to the Lok Sabha on July 23. The Budget Session of Parliament will be held from July 22 to August 12. Regarding the date announcement, Parliamentary Affairs Kiren Rijiju posted on X, “Hon’ble President of India, on the recommendation of Government of India, has approved the proposal for summoning of both the Houses of Parliament for the Budget Session, 2024 from 22nd July, 2024 to 12 August, 2024 (Subject to exigencies of Parliamentary Business).”

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Nirmala Sitharaman, the Finance Minister, will present the new government's full budget. On February 1, an interim budget was presented to the Parliament. She had stated that the budget's key social and economic decisions will be its centrepiece during her speech to a joint session of Parliament.

Following President Droupadi Murmu's declaration that it will be marked by many historic steps, there is a great deal of anticipation for the first budget presented by the government led by Prime Minister Narendra Modi in its third term.