Page 6 - Budget 2023 News

RC Bhargava to Sanjiv Puri: BS jury welcomes focus on digital infra, growth

Private sector investments will be further facilitated by continued emphasis on infrastructure development and a higher provision for capital expenditure, said R C Bhargava, Chairman, Maruti Suzuki

Budget aims to fix 'nuts and bolts' of state machinery

The government clearly wants everyone to file income tax returns so that the people with unaccounted wealth do not use the low income individual as a shield for their unaccounted wealth

Push for new income-tax regime: Pain points & what's on offer in Budget

India's taxation rates had been higher than others like the US or Brazil, though lower than other peers

We are in the midst of capex 'mahotsav'

The finance minister has once again done a stellar job of supporting growth whilst maintaining fiscal pragmatism

Blueprint for New India: Here are 15 takeaways from the Budget 2023-24

The Budget is a blueprint and strong foundation for a New India; takes a long-term view of the economy

From capex outlay to tax slab rejig, seven big wins from the Budget

The government's focus on ease of doing business and the expanded corpus for the credit guarantee scheme will mean MSMEs have a lot to gain from this Budget

Budget: Energy transition gets fund boost, green growth key economic driver

The Centre has entrusted the oil ministry, which naturally has the highest fossil-fuel footprint, to steer the energy transition of the country

Budget 2023-24: Customs duty rejig to boost domestic manufacturing

As many as 14 items have seen a jump in import duty to tackle the issue of cheap quality imports of items such as toys

Banking sector should cheer Budget

The Budget estimated the nominal GDP growth at 10.5 per cent in FY23, lower than what the Economic Survey, tabled a day ahead, projected

Want to make exemption-free tax regime attractive for people: FM Sitharaman

Sitharaman said large macroeconomic considerations had been kept in mind, and fiscal consolidation had not been ignored

Union Budget 2023-24: Firm on prudence, high on feel-good factor

Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for 2023-24, which is expected to serve as the last full Budget of Prime Minister Narendra Modi's second term in office

Budget 2023: E&Y analyses movement of stocks, gives key reasons behind it

How mid-cap stocks performed

Budget impact: From Adani Ports to Wipro, street shows mixed emotions

Here're the key stocks from Union Budget 2023

Union Budget 2023-24: Marching ahead on a sustainable growth path

The biggest push came for the infrastructure sector, with a more than expected - i.e. 33 per cent - hike in capex that should boost private investment and spur employment generation

From automotive to telecom, here's how the Budget affects key sectors

Financial sector identified as one of the priority sector as part of "Vision Amrit Kaal

Full circle: Union Budget 2023-24 focuses on circular economy

The Ministry of Environment, Forest and Climate Change (MoEFCC) got no substantial increase in its budgetary grant, even as India aims for lofty goals in climate action

Budget aligned towards a self-reliant $5 trn economy by 2027: Flipkart CEO

Krishnamurthy said the focus on MSMEs, infrastructure development, and personal tax announcements pave the way for increased consumer affordability and consumption

Focus on bank governance: Pain points & what's on offer in Budget

A move to the stricter expected credit loss model in accounting for bad loans is on the cards for banks

Crowding in private investment: Pain points & what's on offer in Budget

Attempts at raising capital for infra spending through the national monetisation framework have not been as successful as was hoped. The government raised more money than targeted in 2021-22

Bond yield hits 6-week low as Budget sticks to path of fiscal consolidation

Govt move to tax high-value insurance policies may hit demand for long-term bonds: Analysts