The Indian Union government is gearing up to announce its Budget 2024-2025 on July 23, marking the first comprehensive budget under the Modi 3.0 administration. The budget is crucial in outlining the government's priorities for the upcoming five-year term. CSIS experts offer insights into key areas the budget will address, including tax reforms, education, and clean energy. Tax reforms are expected to focus on enhancing compliance, simplifying the GST structure, and strengthening international tax cooperation. This includes potential announcements for a new Direct Taxes Code, measures to reduce tax litigation cycles, and adjustments in transfer pricing regulations to align with global practices. The budget aims to incentivize savings and investments to drive innovation and economic growth. Education reforms will center on implementing the National Education Policy 2020 to elevate academic standards, promote research spending, and integrate technology in educational practices. The policy emphasizes vocational training, multilingualism, and flexible undergraduate programs to boost the quality of education in India. In the realm of clean energy, the budget is likely to support green MSMEs, create green jobs, and encourage the circular economy. Investments in renewable energy sectors, subsidies for electric vehicles, and initiatives for sustainable practices will be key focus areas. These efforts align with India's commitment to environmental sustainability and economic development. Overall, the budget reflects a positive approach towards aligning Indian policies with global standards, fostering growth in technology sectors, improving education outcomes, and promoting sustainable practices in the country.