For the union budget 2023-24, which will be unveiled in February next year, the finance ministry has requested public ideas and comments
10 trade unions of the country in a letter to Nirmala Sitharaman have threatened to boycott their pre-budget meeting scheduled for Nov 28, protesting lack of proper time to put forward their demands
Union Finance Minister Nirmala Sitharaman on Saturday appealed to startups to touch upon less glamorous areas including climate change, millet production and improving the condition of farmers
The CM said kendu leaf, a minor forest produce (MFP), is the financial backbone of about eight lakh leaf pluckers, binders, and seasonal workers of Odisha
What complicates matters for Sitharaman is that her food and energy bills are inflated by the war in Ukraine and given India runs a current-account deficit as well, the rupee has been weakening
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State finance ministers demanded greater fiscal autonomy through an increase in states' share in goods and services tax (GST) to 60 per cent, from 50 per cent at present
According to a railway ministry official, there will be an announcement for provision of 300-400 new Vande Bharat trains in the Union Budget 2023-24 which will be the highest ever allocation
A longstanding plan aims to shrink the shortfall to below 4.5% of GDP by 2025-26
The finance ministry is looking at rationalising long-term capital gains tax structure by bringing parity between similar asset classes and revising the base year for computing indexation benefit
The association has requested that this threshold be brought down to Rs 10 crore to give a fillip to budget segment hotels
The MER, however, warned that the global macroeconomic situation remained precarious and a recession in many advanced economies would impact India's exports
Business leaders and representatives from industry bodies have recently met Finance Minister Nirmala Sitharaman to propose rationalisation of personal income tax rates and more. Let's find out more
Instead of reducing tax rates, Budget 2023 should take steps to reverse the decline in tax buoyancy
Representatives from the commodity market have demanded cost rationalisation and reduction of commodity transaction tax to Rs 500 per crore from Rs 1000 per crore: Official
The farmers' representatives urged the Finance Minister to focus on human resources development over infrastructure
They also demanded that the government should focus on increasing domestic output of local oilseeds such as soyabean, mustard, groundnut and sunflower, instead of palm
Employment-linked incentive scheme for services sector suggested
Finance Minister Nirmala Sitharaman will hold pre-budget consultations with her state counterparts on Friday
The Budget should focus on measures to accelerate job creation and broaden the tax base by rationalising GST and personal income tax slabs to boost consumption, industry bodies said