Page 3 - Budget 2023 News

Interests of poor at centre of every budget presented by BJP govt: PM Modi

He said no one is calling it a "chunavi budget" (budget influenced by polls) even though it was the last full-fledged one before the next Lok Sabha polls

Budget to help in reducing capital cost for Indian companies: Niti member

Niti Aayog member Arvind Virmani further said the large increase in capital expenditures by 33 per cent to Rs 10 lakh crore for infrastructure development will accelerate India's economic growth

Uttar Pradesh legislature's budget session to commence from February 20

The budget session of the Uttar Pradesh legislature will commence from February 20.

Union Budget 2023: FinMin notifies refund of security deposits to MSMEs

In her budget speech, FM had proposed refund of 95% of amount forfeited on account of non-performance of contract due to Covid

Union Budget 2023: Middle-class thrust that largely sidelines the poor

Most of the schemes announced are designed for those who have reasonable accumulated income or savings and not for a large majority of the people in the informal sector, who simply don't have that

Growth-oriented Budget can worsen trade deficit

The Indian economy is a 'bright star' growing at about 7 per cent, the fastest rate among major economies

FM's bullishness on millets in Budget must translate as benefits to farmers

Telangana figured just once, albeit tangentially, in 1 Union Budget speech by Finance Minister Nirmala Sitharaman

Budget's focus is growth; Mumbai should be liking proposals: FM Sitharaman

She gave credit for ensuring growth to the people of the country, who absorbed the relief and policy measures introduced by the government since the onset of the pandemic

Govt needs to complement intent with concrete roadmap to boost tourism

In order to attract more international tourists, India must increase investment and leverage public-private partnership models in healthcare at a faster pace

India Inc stares at higher debt cost with lower tax rate for FPIs set to go

Industry to make representations to Finmin seeking grandfathering on existing investment

Budget 2023: Railways makes digital push to end passenger reservation woes

Minister says backend overhaul to increase ticket and enquiry capacity tenfold

Heavy Industries ministry budget doubled; 93% goes towards e-mobility

79% of the total Rs 6171.63 cr that the ministry received was for FAME

New IT regime can adversely impact taxpayers' savings: RSS affiliate SJM

RSS affiliate Swadeshi Jagran Manch (SJM) impressed upon the Centre to tweak the tax regime to promote saving by the middle class

Highest-ever sports budget in 2023-24, but where would it go exactly?

Understanding the sectoral payouts of sports budget would give a broader understanding of where exactly the money is going to be spent

Karnataka's coffee planters disappointed with Budget over tax issue

Coffee planters in Karnataka are unhappy with the Budget as the Central government has not fulfilled their demand of complete exemption from tax on sales of coffee in different forms

Budget 2023: New tax regime (II) can help you save more in taxes

But high-income individuals who avail of a variety of deductions will still prefer the old regime

Budget 2023: P-notes, SGX Nifty trading at GIFT City likely to get a boost

Experts said p-notes issued at GIFT would not boost flows into the onshore markets in a big way but would be used for securities traded at the IFSC

Budget 2023: Tax on high-premium policy may hit life insurers' top line

The stocks of life insurance companies reacted sharply to the announcement of the finance minister on Wednesday, with most scrip witnessing around 10 per cent fall in a day

Duty hike won't apply brakes on luxury car demand, say automakers

For mass segment cars priced above Rs 35 lakh, move can lead to more localisation

Rs 8,083 crore for PLIs in Budget: The lion's share goes to electronics

As much as Rs 4499 core has been earmarked for large-scale manufacturing of electronics, including mobile devices