Union Budget Highlights

Union Budget Highlights 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

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

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

Budget 2023-24 decoded for UPSC aspirants
Business

Budget 2023-24 decoded for UPSC aspirants

India’s rising global profile is due to several accomplishments like unique 'World Class Digital Public Infrastructure' namely, Aadhaar, Co-Win and UPI; the COVID-19 vaccination drive in unparalleled scale and speed; proactive roles in frontier areas such as achieving climate-related goals, mission

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

Amrit Kaal: Know biggest takeaways from Budget 2023-24
Business

Amrit Kaal: Know biggest takeaways from Budget 2023-24

Union Finance Minister Nirmala Sitharaman made several big announcements while presenting the Budget 2023-24 on Wednesday

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

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

Business leaders who hailed the budget include Kotak Mahindra Bank Uday Kotak and RPG Enterprises chairman Harsh Goenka

Highest-ever capital outlay of Rs 2.40 lakh crore for railways in budget
India

Highest-ever capital outlay of Rs 2.40 lakh crore for railways in budget

Budget papers showed that the net revenue expenditure of the railways is placed at Rs 2,65,000 crore in the Budget Estimate (BE) 2023-24 as against Rs 2,42,892.77 crore in Revised Estimate (RE) 2022-23

Budget 2023: Finance Minister opens up a goodie bag for all stakeholders
Opinion

Budget 2023: Finance Minister opens up a goodie bag for all stakeholders

Focus on every key stakeholder from enterprises to startups to individual taxpayers and farmers

Budget 2023-24: Hum do, Hamare do.. Shatrughan Sinha's jibe at reduction in highest slab for Income Tax payers
Business

Budget 2023-24: Hum do, Hamare do.. Shatrughan Sinha's jibe at reduction in highest slab for Income Tax payers

Union Finance Minister Nirmala Sitharaman, during the Budget session today, announced an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 lakh

Budget 2023: Govt has announced a targeted Amritkaal Budget for Amritpidi
Opinion

Budget 2023: Govt has announced a targeted Amritkaal Budget for Amritpidi

A reflection of enhanced focus with the in-depth fixing of governance issues has been a key driver of the finance minister’s Budget speech

Budget 2023 | World admires Indian economy as a ‘bright star', economic growth highest among major economies: FM
Opinion

Budget 2023 | World admires Indian economy as a ‘bright star', economic growth highest among major economies: FM

In her budget speech, Finance Minister Nirmala Sitharaman envisioned a prosperous and inclusive India, in which the fruits of development reach all regions and citizens, especially the youth, women, farmers, OBCs, Scheduled Castes and Scheduled Tribes

Union Budget 2023-2024: What are the new income tax slabs and how much tax will you pay?
Business

Union Budget 2023-2024: What are the new income tax slabs and how much tax will you pay?

Finance Minister Nirmala Sitharaman in her Budget 2023 speech announced changes to the tax slabs in the new regime, providing relief to the middle class. She also announced that there would be no tax on an annual income of Rs 7 lakh under this

Budget 2023: Balanced and prudent budget with no negative surprises
Opinion

Budget 2023: Balanced and prudent budget with no negative surprises

Overall, there are multiple positives across segments to be taken away from the Budget and it goes a long way to improve India’s macro-economic picture from a growth and fiscal discipline perspective

Budget Highlights: A vision for Amrit kaal, emphasis on inclusive development
Opinion

Budget Highlights: A vision for Amrit kaal, emphasis on inclusive development

The budget for the year 2023-24 emphasises on the Infrastructure creation, expenditure on human development and reforms in financial sector. Rebate limit of Personal Income Tax to be increased to Rs 7 lakh from the current Rs 5 lakh in the new tax regime

Budget 2023: Why driving national goals with focus on R&D and digital clusters is the need of the hour
Business

Budget 2023: Why driving national goals with focus on R&D and digital clusters is the need of the hour

India's R&D expenditure as a percentage of GDP is only 0.7 percent, compared to 2.8 percent in the United States, 2.1 percent in China, 4.3 percent in Israel, and 4.6 percent in South Korea

Budget 2023: Expectations high as economy emerges from the shadow of pandemic
Business

Budget 2023: Expectations high as economy emerges from the shadow of pandemic

The upcoming budget is expected to give a push to the ongoing post-pandemic recovery of the Indian economy by providing the necessary support for the growth and development of various industries

Budget 2023: Do you know who gave the longest Budget speech? Everything interesting about the annual financial statement
India

Budget 2023: Do you know who gave the longest Budget speech? Everything interesting about the annual financial statement

All eyes are on Finance Minister Nirmala Sitharaman as she presents her fifth Budget in Parliament. She also holds the honour of delivering the longest Budget speech to date — two hours and 42 minutes

Budget 2023: What to expect on GST from Union Budget 2023-24
Opinion

Budget 2023: What to expect on GST from Union Budget 2023-24

The government should provide a three-year time limit for filing belated GST returns