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Union Budget

Union budget prudently manages fiscal consolidation and growth objectives: RBI paper

Union budget prudently manages fiscal consolidation and growth ob...

Wed, Feb 19, 2025

The Union Budget presented by Finance Minister Nirmala Sitharaman "prudently manages" fiscal consolidation and growth objectives, an article by Reserve Bank staffers said on Wednesday.

Part shifting of customs duty to AIDC to have marginal impact on state transfers: CBIC Chairman

Part shifting of customs duty to AIDC to have marginal impact on...

Thu, Feb 06, 2025

Finance Minister Nirmala Sitharaman removed seven tariff rates in the 2025-26 Budget. This is over and above the seven tariff rates removed in the 2023-24 Budget.

Tax cuts to spur discretionary consumption especially among salaried people: Report

Tax cuts to spur discretionary consumption especially among salar...

Tue, Feb 04, 2025

The Budget has focused on reviving consumption by increasing the income threshold and relaxing the tax slabs.

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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, ser...

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: Sebi to be empowered to enforce norms, standards for education at NISM

Budget 2023: Sebi to be empowered to enforce norms, standards for...

Wed, Feb 01, 2023

FM Nirmala Sitharaman said, "Sebi will be empowered to develop, regulate, maintain and enforce norms and standards for education in the National Institute of Securities Markets and to recognize award of degrees, diplomas and certificates".

Budget 2023: Infrastructure development capex hiked by 33% to Rs 10 lakh crore

Budget 2023: Infrastructure development capex hiked by 33% to Rs...

Wed, Feb 01, 2023

Presenting the Budget for 2023-24, Finance Minister Nirmala Sitharaman said the newly established infrastructure finance secretariat will assist in attracting more private investment.

Budget 2023: Pradhan Mantri Aawas Yojana outlay hiked by 66% to Rs 79,000 crore

Budget 2023: Pradhan Mantri Aawas Yojana outlay hiked by 66% to R...

Wed, Feb 01, 2023

"We expect to make available Rs 10,000 crore per annum for the urban infra development fund," Sitharaman informed in the course of her speech.

Budget 2023: FY24 fiscal deficit target at 5.9%, says FM Nirmala Sitharaman

Budget 2023: FY24 fiscal deficit target at 5.9%, says FM Nirmala...

Wed, Feb 01, 2023

Budget 2023: Union Finance Minister Nirmala Sitharaman said that 50-year interest-free loans to state governments have to be spent on capital expenditure within 2023-24.

Budget 2023: Mahila Samman Saving Certificate scheme announced; to offer 7.5% interest

Budget 2023: Mahila Samman Saving Certificate scheme announced; t...

Wed, Feb 01, 2023

Finance Minister Nirmala Sitharaman announced a special saving scheme for women. The scheme -- Mahila Samman Saving Certificate will offer a return of 7.5 per cent.

Budget 2023: 47.8 crore Jan Dhan accounts opened

Budget 2023: 47.8 crore Jan Dhan accounts opened

Wed, Feb 01, 2023

Pradhan Mantri Jan Dhan Yojana (PMJDY) is the national mission for financial inclusion to ensure access to financial services -- savings and deposit accounts, remittance, credit, insurance and pension in an affordable manner.

Budget 2023: Govt to launch Rs 2,200 crore Aatmanirbhar clean plant programme

Budget 2023: Govt to launch Rs 2,200 crore Aatmanirbhar clean pla...

Wed, Feb 01, 2023

Presenting the Budget for 2023-24, FM Nirmala Sitharaman said an agriculture accelerator fund will also be set up to encourage agri-startups in rural areas.

Sanjiv Bhasin stocks, strategy on Zee Business: BUY Bank of Baroda, IDFC First Bank, Concor, Ultra Tech, SBI | Check price targets

Sanjiv Bhasin stocks, strategy on Zee Business: BUY Bank of Barod...

Wed, Feb 01, 2023

Sanjiv Bhasin stocks on Zee Business: In a special segment ‘Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, he suggested two bank stocks and one cash stock for the investors.

Budget 2023: Most used words in FM Sitharaman's last 4 budget speeches |Analysis of Zee Business

Budget 2023: Most used words in FM Sitharaman's last 4 budge...

Tue, Jan 31, 2023

Budget 2023: Finance Minister Nirmala Sitharaman will present the Union Budget for the financial year 2023-24 (FY24) in Parliament tomorrow. This will be her fifth Union Budget presentation as Finance Minister.

Domestic pharmaceutical market to reach USD 130 billion by 2030: Eco Survey

Domestic pharmaceutical market to reach USD 130 billion by 2030:...

Tue, Jan 31, 2023

The country's pharmaceutical exports achieved a healthy growth of 24 per cent in FY21, driven by COVID-19-induced demand for critical drugs and other supplies made to over 150 countries, said the survey tabled in Parliament on Tuesday.

India’s current account deficit may widen, need to closely monitor: Economic Survey

India’s current account deficit may widen, need to closely monito...

Tue, Jan 31, 2023

India’s CAD widened to 4.4 per cent of the GDP in the quarter ending September, from 2.2 per cent of the GDP during the April-June period due to a higher trade gap, according to the latest RBI data.

View: From reduction in LTCG tax to uniform surcharge rates — Key expectations of FPIs from Budget 2023

View: From reduction in LTCG tax to uniform surcharge rates — Key...

Mon, Jan 30, 2023

The extant provisions provide a beneficial tax rate of 5 percent on interest income earned by FPIs on rupee denominated bonds of an Indian company, Government securities or municipal debt securities subject to fulfilment of prescribed conditions upto 1 July 2023.

60% households expect dip in earning, seek relief in Budget: Survey

60% households expect dip in earning, seek relief in Budget: Surv...

Mon, Jan 30, 2023

More than half of households in a survey conducted online across 309 districts expect a decline in their income by up to 25 per cent and dip in savings, and are looking for relief in the coming budget, online platform LocalCircles said on Sunday.

Budget 2023: Why budget's printing was shifted to North Block from Rashtrapati Bhavan?

Budget 2023: Why budget's printing was shifted to North Bloc...

Sat, Jan 28, 2023

Union Budget 2023: In the year 1980, the government decided to set up a printing press in the North Block and since then the printing work of the Union Budget is being done in the North Block as of today.

PHOTOS: Halwa ceremony returns as Budget 2023 enters final stage

PHOTOS: Halwa ceremony returns as Budget 2023 enters final stage

Fri, Jan 27, 2023

The customary Halwa ceremony marks the final stage of the Budget preparation process.

Budget 2023: Healthcare industry wants govt to focus on infrastructure, public healthcare and technology

Budget 2023: Healthcare industry wants govt to focus on infrastru...

Tue, Jan 24, 2023

Budget 2023: The healthcare sector is eagerly looking forward to the upcoming Union Budget 2023, as it is expected to reveal the government's strategy for enhancing the overall healthcare system in the country.

As country heads for polls, Budget 2023 may rain sops on farm sector

As country heads for polls, Budget 2023 may rain sops on farm sec...

Mon, Jan 23, 2023

In July 2022, the government had set up a panel to ensure a legal guarantee on the minimum support price (MSP), which is headed by retired agriculture secretary Sanjay Agrawal.

Budget 2023: Boosting India's manufacturing sector - Experts shed light

Budget 2023: Boosting India's manufacturing sector - Experts...

Sun, Jan 22, 2023

According to the experts, the Budget 2023-24 may benefit the sector significantly as the government intends to provide a significant boost to manufacturing while focusing on increasing private investment and exports.

Budget 2023: Govt may not announce capital infusion for public sector banks amid improved financial health of lenders

Budget 2023: Govt may not announce capital infusion for public se...

Sun, Jan 22, 2023

In the first half of FY23, the cumulative net profit of all PSBs increased by 32 per cent to Rs 40,991 crore. The combined profit more than doubled to Rs 66,539 crore in 2021-22 despite COVID-19 pressure.

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