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Budget 2023

Budget 2024 To Have No Spectacular Announcement, Says Nirmala Sitharaman

Budget 2024 To Have No Spectacular Announcement, Says Nirmala Sitharaman

Thu, Dec 07, 2023

'There will be no major announcements in the interim budget, we will have to wait for the full budget to be presented in July 2024': Nirmala Sitharaman, Finance Minister

Income tax: What are the 6 common tax-saving mistakes that can be avoided

Income tax: What are the 6 common tax-saving mistakes that can be avoided

Sat, Mar 25, 2023

Income Tax: Tax planning is an essential component of financial planning. An intelligent tax-planning strategy can help individuals meet their financial goals while also saving money on taxes.

Punjab Finance Minister tables state budget for 2023-24

Punjab Finance Minister tables state budget for 2023-24

Fri, Mar 10, 2023

Punjab Finance Minister Harpal Singh Cheema on Friday tabled the state budget for 2023-24 in the assembly here. It is the first full budget of the AAP government.

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Budget 2023: Maturity proceeds of life insurance policies with annual premium of over Rs 5 lakh to be taxed: FM

Budget 2023: Maturity proceeds of life insurance policies with annual premium of over Rs 5 lakh to be taxed: FM

Wed, Feb 01, 2023

Budget 2023: Finance Minister Nirmala Sitharaman in the Union Budget proposed "to provide that where aggregate of premium for life insurance policies (other than ULIP) issued on or after April 1, 2023, is above Rs 5 lakh, income from only those policies with aggregate premium up to Rs 5 lakh shall be exempt".

Budget 2023 with vision puts India on the path to be a world champ: India Inc leaders

Budget 2023 with vision puts India on the path to be a world champ: India Inc leaders

Wed, Feb 01, 2023

"Budget with vision, structure, discipline. Immediate benefits to all individual earners. Continues measured path of fiscal consolidation," said Uday Kotak, CEO of Kotak Mahindra Bank.

Budget 2023: Fully imported cars, including EVs, to cost more

Budget 2023: Fully imported cars, including EVs, to cost more

Wed, Feb 01, 2023

Customs duty on vehicles in completely built units (CBUs) costing less than USD 40,000 or with engine capacity less than 3,000 cc for petrol-run vehicles and less than 2,500 cc for diesel-run vehicles has been raised from 60 per cent to 70 per cent, as per the Budget document.

New Income Tax slabs announced for 2023-24 in Budget

New Income Tax slabs announced for 2023-24 in Budget

Wed, Feb 01, 2023

Budget 2023: The number of tax slabs have been reduced from 7 to 5 and the tax exemption limit is increased to Rs 3 lakh.

Budget 2023: Food, fertiliser, petroleum subsidies up 17% to Rs 5.21 lakh crore this fiscal; to fall 28% in FY24

Budget 2023: Food, fertiliser, petroleum subsidies up 17% to Rs 5.21 lakh crore this fiscal; to fall 28% in FY24

Wed, Feb 01, 2023

According to the Budget document, the government has pegged total subsidies on food, fertilisers and petroleum at Rs 5,21,584.71 crore in its revised estimate (RE) for 2022-23, as against the actual budget of Rs 4,46,149.24 crore in last fiscal year.

Budget 2023: First budget of 'Amrit Kaal' lays foundation for developed India, says PM Modi

Budget 2023: First budget of 'Amrit Kaal' lays foundation for developed India, says PM Modi

Wed, Feb 01, 2023

In his first reaction to the Budget presented by Finance Minister Nirmala Sitharaman, he said that the first budget of the 'Amrit Kaal' provides foundation to fulfil the resolve for a developed India while giving priority to deprived sections of the society as well

Budget 2023: 24 big announcements by FM Nirmala Sitharaman

Budget 2023: 24 big announcements by FM Nirmala Sitharaman

Wed, Feb 01, 2023

Budget 2023: Nirmala Sitharaman made several announcements in the Union Budget 2023-2024 on Wednesday.

Union Budget: Download Budget 2023-24 PDF Document - Step-by-step guide

Union Budget: Download Budget 2023-24 PDF Document - Step-by-step guide

Wed, Feb 01, 2023

Download Budget 2023-24 PDF Document: Post the budget presentation, the full text of the speech is now available for the general public. Anyone can download the PDF version of the speech by visiting the official website - www.indiabudget.gov.in.

Budget 2023: Viability Gap Funding, custom duty exemption a positive for electric vehicle segment, says industry

Budget 2023: Viability Gap Funding, custom duty exemption a positive for electric vehicle segment, says industry

Wed, Feb 01, 2023

Viability gap funding for battery energy storage systems is also likely to create critical infrastructure, while custom duty reduction on capital goods for Lithium batteries manufacturing will facilitate faster adoption of EVs, Banwari Lal Sharma, CEO Consumer Business, CarTrade Tech said

Union Budget 2023-2024: Read full text of FM Nirmala Sitharaman speech here

Union Budget 2023-2024: Read full text of FM Nirmala Sitharaman speech here

Wed, Feb 01, 2023

Hon’ble Speaker, I present the Budget for 2023-24. This is the first Budget in Amrit Kaal. Introduction

Budget 2023: Rs 5.94 lakh crore allocated to Defence Ministry

Budget 2023: Rs 5.94 lakh crore allocated to Defence Ministry

Wed, Feb 01, 2023

Budget 2023: For the defence sector, the budget was increased to Rs 5.94 lakh crore for 2023-24 from last year's allocation of Rs 5.25 lakh crore.

Budget 2023: Govt to borrow record Rs 15.4 lakh crore in FY24 to bridge revenue gap

Budget 2023: Govt to borrow record Rs 15.4 lakh crore in FY24 to bridge revenue gap

Wed, Feb 01, 2023

Budget 2023: The government plans to borrow a record Rs 15.4 lakh crore from dated securities in FY24 to meet its expenditure requirement to prop up the economy. This is higher than the total borrowing of Rs 14.21 lakh crore for the current financial year ending March 31, 2023.

Budget 2023: What's Cheaper, What's Costlier? Full List

Budget 2023: What's Cheaper, What's Costlier? Full List

Wed, Feb 01, 2023

Budget 2023: Mobile phones and TV sets manufactured in India would become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in Basic Customs Duty (BCD) on import of their components but smokers would have to pay more as the government has increased taxes.

Budget 2023:Govt cuts customs duty on mobile phone parts to boost local manufacturing

Budget 2023:Govt cuts customs duty on mobile phone parts to boost local manufacturing

Wed, Feb 01, 2023

Budget 2023: Paying heed to the consumer electronics industry`s demand, the Centre on Wednesday reduced basic custom duty (BCD) on import of certain mobile phone parts and inputs like camera lens and continued the concessional duty on lithium-ion cells for batteries for another year.

Budget 2023: Government raises agriculture credit target to Rs 20 lakh crore – 8 takeaways

Budget 2023: Government raises agriculture credit target to Rs 20 lakh crore – 8 takeaways

Wed, Feb 01, 2023

The agriculture credit target will be increased to Rs 20 lakh crore with focus on animal husbandry, dairy and fisheries

Budget 2023: Startups incorporated till March 2024 to get income tax benefits

Budget 2023: Startups incorporated till March 2024 to get income tax benefits

Wed, Feb 01, 2023

Budget 2023: The government on Wednesday proposed to extend income tax benefits to startups incorporated till March 2024.

Budget: Govt to cut import duty on raw material for lab-grown diamonds

Budget: Govt to cut import duty on raw material for lab-grown diamonds

Wed, Feb 01, 2023

In her budget speech, Finance Minister Nirmala Sitharaman said that India is a global leader in the cutting and polishing of natural diamonds, contributing about three-fourths of the global turnover by value.

Budget 2023 will help India achieve goal of becoming $5 trillion economy, says Rajnath Singh

Budget 2023 will help India achieve goal of becoming $5 trillion economy, says Rajnath Singh

Wed, Feb 01, 2023

Budget 2023: The Union Budget for 2023-24 is focused on growth and welfare with a priority to provide support to farmers, women, marginalised sections and the middle class, Defence Minister Rajnath Singh said on Wednesday.

Budget 2023: India to set up 100 5G labs to develop new apps, services

Budget 2023: India to set up 100 5G labs to develop new apps, services

Wed, Feb 01, 2023

According to Prabhu Ram, Head-Industry Intelligence Group, CMR, the proposal to set-up 100 labs for developing 5G applications at Indian engineering institutions "is a step in the right direction to realize new opportunities that 5G posits, and develop India-specific 5G use cases for education, healthcare and agriculture, among others".

Budget 2023 HIGHLIGHTS: Key takeaways on income tax changes, custom duty, LTCG, what becomes costlier & cheaper and much more

Budget 2023 HIGHLIGHTS: Key takeaways on income tax changes, custom duty, LTCG, what becomes costlier & cheaper and much more

Wed, Feb 01, 2023

Budget 2023: Finance Minister Nirmala Sitharaman on announced the Union Budget for 2023-24 on Wednesday, February 1.

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