Indian Budget

Indian Budget News

An open letter to Sonia Gandhi: Does decrease in MNREGA outlays equal 'a silent strike on India’s poor'?
Opinion

An open letter to Sonia Gandhi: Does decrease in MNREGA outlays equal 'a silent strike on India’s poor'?

Contrary to Sonia Gandhi's unfounded allegation, the decrease in demand for MNREGA is actually a reflection of sustained growth in real GDP and the growth of remunerative jobs, leading to an increase in per capita incomes

Union Budget 2023-24 provides a fillip to financial investment ecosystem
Opinion

Union Budget 2023-24 provides a fillip to financial investment ecosystem

Budget ‘2023 with its niche guidelines to enhance the financial investment ecosystem in India is deemed a boon to capital investors

Union Budget 2023-24 takes AI-forward approach to technology and fintech development
Opinion

Union Budget 2023-24 takes AI-forward approach to technology and fintech development

The Budget initiatives will shift the trajectory of growth and innovation for the tech, start-up and SaaS platforms on an upward slope

Budget 2023: How Nirmala Sitharaman’s proposals ticked all important boxes
Opinion

Budget 2023: How Nirmala Sitharaman’s proposals ticked all important boxes

There is a clear focus on preserving macro stability, focusing on productive spending, plugging the loopholes in tax avoidance, and targeting a gradual achievement of a level playing field for various financial products

How Union Budget 2023-24 captures the true essence of Amrit Kaal
Opinion

How Union Budget 2023-24 captures the true essence of Amrit Kaal

PM Modi questioned the obsolete way of running an economy, ushered in a digital revolution in India and has showcased to the world that India from being among the "fragile five", is today the world's fifth largest economy in terms of nominal GDP

Budget 2023: Focus on infra and increased capex to give impetus to demand for zinc
Opinion

Budget 2023: Focus on infra and increased capex to give impetus to demand for zinc

Demand for battery energy storage systems will increase research on zinc battery solutions

Budget 2023: Why focus on AI can hasten digitalisation of Indian economy
Opinion

Budget 2023: Why focus on AI can hasten digitalisation of Indian economy

Emphasis on AI is expected to lead to increased efficiency and effectiveness in various sectors of the economy

Budget 2023: Government taking a studied approach toward cryptocurrency
Opinion

Budget 2023: Government taking a studied approach toward cryptocurrency

It is understandable that the government is taking time as the financial systems envisaged in Web3 would alter the way transactions are done and the ramifications would need technological and skill upgrades on the part of the government, banks, and all other stakeholders

Firstpost Podcast | Explained: Union Budget 2023-24
Explainers

Firstpost Podcast | Explained: Union Budget 2023-24

What implications the budget will have on the ordinary people? What will get cheaper, what will get dearer and how would budgetary allocations affect implementation of crucial schemes? Tune in to find out

Budget 2023: Centre's vision for 'Amrit Kaal' is a technology-driven, knowledge-based economy
Opinion

Budget 2023: Centre's vision for 'Amrit Kaal' is a technology-driven, knowledge-based economy

With emphasis on AI, 5G and technology and a focus on Green Growth, the Union Budget 2023-24 has emphasised on creating opportunities with sustainability. This is a very forward-looking budget and will most certainly help key stakeholders utilise opportunities for higher growth

Budget 2023: Narendra Modi government's first Budget in Amrit Kaal; scales newer heights
Opinion

Budget 2023: Narendra Modi government's first Budget in Amrit Kaal; scales newer heights

Union Budget 2023-24 does well to steer the country clear of global headwinds and recessionary pressures on to a prosperous and inclusive future. However, the effectiveness of implementation remains a challenge

The Bharat Budget: Why this budget marks the transition from India to Bharat
Opinion

The Bharat Budget: Why this budget marks the transition from India to Bharat

In Budget 2023 there is a push towards collapsing the India-Bharat divide and focusing on not making Bharat, India, but the reverse, making India, Bharat. Not by making it poor but by taking it closer to its indigenous roots

Budget 2023: Striding toward a cashless, inclusive India with UPI and digital public infrastructure
Opinion

Budget 2023: Striding toward a cashless, inclusive India with UPI and digital public infrastructure

Growing digital payment acceptance with digital infra has given a big boost to digital payments

Budget 2023: Finance Minister pumps for renewable energy but detailing of programmes required
Opinion

Budget 2023: Finance Minister pumps for renewable energy but detailing of programmes required

Detailing of some of the programmes outlined in the budget, defining and delivering on the capex outlay in specific projects in a time-bound manner is required to really start realising the ‘Amrit’ the country is looking forward to

Union Budget 2023-24: Modi government tweaks tax provisions to make new tax regime attractive
Opinion

Union Budget 2023-24: Modi government tweaks tax provisions to make new tax regime attractive

The intent of the government is to make the new tax regime more attractive to salaried and small taxpayers. The intent is also to relieve small taxpayers from all hassles of tax planning using investment schemes in order to reduce tax liability

Defence Ministry says increased budget allocation will boost border infrastructure and connectivity
India

Defence Ministry says increased budget allocation will boost border infrastructure and connectivity

Even as Union Finance Minister Nirmala Sitharaman announced a big hike of around 13% in the defence budget for the 2023-24 fiscal period, a significant amount was also devoted to infrastructure development along the northern borders with China and Pakistan

Nani Palkhivala: The man who made the Budget speech bigger than a sports event
Explainers

Nani Palkhivala: The man who made the Budget speech bigger than a sports event

Many years ago, thousands of people would throng Mumbai’s famous Brabourne Stadium to hear eminent lawyer Nani Palkhivala’s analysis of the Budget in the evening. His quick wit and ability to make dry and difficult topics like taxation and economic policy attractive to people from all classes

Union Budget 2023: How Centre seeks to empower women
Opinion

Union Budget 2023: How Centre seeks to empower women

This year’s budget has made a convincing attempt to strengthen the financial independence and to facilitate the economic empowerment of women by providing them with greater resources and access. But, how will it actually impact women, still remains to be seen

Budget 2023: Waiver of import duty, customs on capex for manufacture of Li-ion batteries a welcome step
Opinion

Budget 2023: Waiver of import duty, customs on capex for manufacture of Li-ion batteries a welcome step

Capex-related waivers provide a long-term boon to the economy: by encouraging the establishment of new manufacturing capabilities, they have the ability to create an ecosystem that can thrive for decades and seed other manufacturing and related capabilities around it

Budget 2023: At last, the middle class has been heard
Opinion

Budget 2023: At last, the middle class has been heard

The presumptive tax schemes’ caps too have been liberalized