New Delhi, Feb. 1 -- Union 'Finance Minister Ms. Nirmala Sitharaman presented the Union Interim Budget for 2024-25 in Parliament today and announced there would be no change in the income tax slabs announced in last year's budget. They remain in force and un changed.

A full fledged budget would be presented by a new government in July this year after the nation chooses a party to run the government. In the race are the ruling party alliance led by BJP- NDA and opposition INDIA alliance. The ruling party has an edge and hopes to win the general elections in May this year with around 350 seats, BJP sources said. Opposition was equally confident of reducing the ruling party's majority.

Ms. Sitharaman reaffirmed last year's statement that ...