Page 10 - Budget 2023 News

More funds for social sector in Budget: Pain points & what's on offer

Health spending dipped in 2022-23

Budget proposals don't seek privatisation of state-owned banks: DEA Secy

Finance Minister announced that to simplify, ease and reduce cost of compliance, financial sector regulators will be requested to carry out a comprehensive review of existing regulations

Health and employment: Union Budget's skilling push for job-ready youth

STEPPING UP: PMKVY 4.0, Unified Skill India Platform and stipend for apprentices

President's address vs Budget: Housing, free foodgrain, Railways, and more

What did the President say in her Budget session address vs what did the Budget have?

The Budget as a new credibility asset

The Budget reflects a solid continuity and even reinforcement of the development orientations and objectives pursued by the PM over quite a few years now

Life insurance firms' shares fall on taxation proposal related to policies

According to Union Budget documents, an individual will have to pay tax on the maturity amount of life insurance policies where the aggregate annual premium exceeds Rs 5 lakh

Union Budget 2023: Big boost for affordable housing under PM Awas Yojana

Experts and key players hail announcements but lament that many of their other expectations remained unfulfilled

Budget 2023: Govt pegs FY24 disinvestment revenue target at Rs 51,000 crore

For the next fiscal beginning April 1, the miscellaneous capital receipts have been pegged at Rs 61,000 crore, including Rs 51,000 crore from disinvestment

Union Budget 2023: Kiren Rijiju hails outlay of Rs 7,000 crore for e-courts

Rijiju has termed the allocation as "unprecedented", which will create paperless courts for faster delivery of justice

Budget numbers highly doable, should push private capex cycle: BoB chief

The budget also has penciled in a lower revenue growth forecast given the most-likely fall in nominal GDP from 15.5 per cent this fiscal to about 10 per cent next year

Budget 2023: Govt allocates nearly Rs 12,544 crore to Department of Space

ISRO plans to launch Chandrayaan-3, India's third lunar mission, in July using the Launch Vehicle Mark-3

Union Budget 2023: Govt proposes taxation changes related to REITs, InVITs

The move is aimed at widening the tax base

Govt projects 10.5% growth in revenue from taxes to Rs 18.23 trn in FY24

Collections from Customs duty are expected to rise by 11% to Rs 2.33 trillion, from Rs 2.10 trillion in the revised estimates

Budget 2023-24: Soon, Rs 75K-crore transport connectivity projects

Sitharaman has announced that coastal shipping will be a preferred mode of transport for passengers and freight

Budget 'progressive'; ticks all boxes, powers India's growth drive: Scindia

He also said the Budget gives a huge impetus to the vision of Ude Desh ka Aam Naagrik (UDAN)

Hero MotoCorp Chairman Munjal hails Budget; seeks GST cut on two-wheelers

Munjal said that the finance minister presented an inclusive budget with a vision to develop Bharat and India and its various constituents simultaneously

Budget has neatly identified key priority areas, says Kaku Nakhate

Kaku Nakhate, President & India Country Head, Bank of America, talks about Union Budget 2023

Union Budget 2023-24: FM Sitharaman extends tax benefits to start-ups

The allocation for start-ups in the Budget include Rs 160 crore under Startup India Seed Fund (SISF)

Budget 2023: Credit Guarantee Scheme for MSMEs gets Rs 9,000-cr boost

This is expected to reduce the cost of credit by 1 per cent for MSMEs, said Union Finance Minister Nirmala Sitharaman

Union Budget 2023: Govt allocates Rs 35,581 crore to Jammu and Kashmir

This allocation is substantially lower than the current fiscal's revised estimate of Rs 44,538.13 crore