Buy a Life Insurance Plan in a few clicks
Insurance and Investment in one plan.
Protect your family's financial future.
Insurance and Investment in one plan.
A plan that works like a term plan, and Earns like ULIP Plan
A plan that offer guaranteed returns and financial protection for your family.
Kotak Guaranteed Fortune Builder
A plan that offers guaranteed income for your future goals.
A plan that offers immediate or deferred stream of income
Thank you
Our representative will get in touch with you at the earliest.
Features
Ref. No. KLI/22-23/E-BB/492
The Interim Union Budget 2024-25 focuses on collective progress and inclusive development, aligning with the national approach of "Sabka Saath, Sabka Vikas, Sabka Vishwas" and "Sabka Prayas.
The 2024 interim budget has arrived, brimming with exciting initiatives and investments across various sectors. While keeping tax slabs unchanged, Finance Minister Nirmala Sitharaman unveiled a vision for inclusive growth and sustainable development.
India’s Finance Minister, Nirmala Sitharaman, presented the Interim Union Budget 2024-25 today, emphasizing themes of collective progress, inclusive development, and mutual trust.
While the 2024 interim budget does not offer radical changes, it unveils valuable clues about India’s financial well-being and upcoming priorities. This information empowers businesses and individuals to make informed decisions and plan strategically for the future.
In her budget speech, Finance Minister Nirmala Sitharaman highlighted upskilling success and focused on key demographics:
The Interim Budget 2024-25 aims to strike a balance between social progress and economic growth. It focuses on all-around development along with holistic inclusivity. Here are the highlights of the budget:
Beyond these highlights, Budget 2024 redefined GDP (Gross Domestic Product) as Governance, Development, and Performance. This underscores the government’s commitment to effective leadership, impactful development, and measurable progress.
In the Interim Budget 2024-2025, there are no changes in tax rates but relief and expansion in other areas. Let us have a quick look:
No, this is not the final budget for the years 2024-2025. This budget is the Interim Budget, also known as the Vote on Account, presented on February 1, 2024. This is a temporary budgetary measure for the first few months of the fiscal year 2024-2025.
The final budget for the entire fiscal year 2024-2025 will be presented after the General Elections, which are expected to be held in April-May 2024. The newly elected government will then present its vision and plans for the year through the full budget.
Our Prime Minister defined this budget as an inclusive and innovative budget. He called it a budget carrying the confidence of continuity, relying on the four pillars of the society: poor, youth, women, and farmers. While the Interim Budget gives some insights into the government’s current priorities and financial situation, it is not the final word on the matter. We will have to wait for the final budget after the elections for a complete picture of the government’s economic roadmap for the year.
Features
Ref. No. KLI/22-23/E-BB/2435
The information herein is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. The content has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Recipients of this information are advised to rely on their own analysis, interpretations & investigations. Readers are also advised to seek independent professional advice in order to arrive at an informed investment decision. Further customer is the advised to go through the sales brochure before conducting any sale. Above illustrations are only for understanding, it is not directly or indirectly related to the performance of any product or plans of Kotak Life.