Page 8 - Budget 2023 News

Union Budget 2023-24: A great year for Indian Railways, says expert

IR, which stimulates almost all sectors of industries and commerce by transporting raw materials and finished goods, is moving much more BTKMs (Billion Tonne Kms) during and post-pandemic times

From Mamata Banerjee to Pinarayi Vijayan, here're CMs' views on Budget

"There is no relief from inflation in this Budget. On the contrary, this Budget will increase inflation. There is no concrete plan to remove unemployment," says Delhi CM Arvind Kejriwal

Union Budget stands to benefit all sections of society: Anurag Thakur

He said the budget stands firm on the foundation laid by the previous budgets presented by the Narendra Modi government

Budget 2023-24: Railways gets record Rs 2.6-trillion capex boost

According to a senior official, Railways' prime borrowing arm, Indian Railway Finance Corporation (IRFC), has zero borrowings for the fiscal under review

Balancing state Budgets: Here're the pain points and what's on offer

State government finances are still facing the effects of the pandemic

Inclusive, growth-oriented budget: Industry veteran Kiran Mazumdar-Shaw

Biotechnology industry veteran Kiran Mazumdar-Shaw on Wednesday called the budget presented by Union Finance Minister Nirmala Sitharaman "inclusive and growth-oriented"

PM Modi terms Union Budget 'historic', says it gives priority to deprived

1st Budget of 'Amrit Kaal' is 'historic', meant for the aspirational, PM says

Devolution to states: Cess, surcharge help Centre keep major chunk of taxes

Among a few tweaks to surcharges, Sitharaman announced the Centre would reduce the highest surcharge levied under personal income tax from 37 per cent to 25 per cent under the new tax regime

Budget allocates Rs 4,692 cr for Ministry of Information and Broadcasting

The allocation to the government's autonomous body, Prasar Bharati, has been increased to Rs 2,808.36 crore from Rs 2,764.51 crore allotted to it in the last fiscal

Budget 2023: Capital gains cap at Rs 10 crore to hit luxury home sales

The finance minister on Wednesday proposed to limit deductions from capital gains on investment in residential houses under Sections 54 and 54F to Rs 10 crore

Budget 2023-24: Net winnings from online games to attract 30% TDS

Proposes 30% tax on net winnings, removes threshold of Rs 10,000

'Union Budget 2023-24 is a road map for nation building', says Assocham

The chamber which has been seeking relief to the MSMEs expressed gratitude to the government for giving several incentives to the small businesses and the start-ups

Budget 2023: Many PLI schemes are in the pipeline, says Piyush Goyal

As and when other PLI schemes get approved, the cabinet is empowered to approve it

Union Budget 2023-24: Building blocks of a future-ready India

The Budget has laid a strategic framework to make India future ready

Budget 2023: Riding on robust collections, govt realistic on tax target

The budget pegs tax revenue at Rs 33.6 trillion, which is higher by 10.4 per cent over Rs 30.4 trillion projected in revised estimates for the current financial year (FY23)

Future tech: I truly believe this is India's decade, says Bhavish Aggarwal

The Finance Minister's Budget speech today clearly laid down the pathways towards India entering its 'Amrit Kaal', strengthening the foundation of a technology-driven and knowledge-based economy

Making the regime less taxing: Pain points & what's on offer in Budget

New co-operatives commencing manufacturing activities till March 31, 2024, will get the benefit of a lower tax rate of 15% , currently available to new manufacturing companies

Eye on growth: Pain points & what's on offer in Union Budget 2023

New projects are up on a year-on-year basis

Union Budget: Rs 28,138 cr allocated to meet requirements for OROP scheme

The Budget marked an increase in the allotment for Ex-Servicemen Contributory Health Scheme (ECHS) with Budget Estimates of Rs 5,431.56 crore in FY 2023-24 as against Rs 3,582.51 crore in FY 2022-23

Budget 2023-24: Civil Aviation Ministry's allocation dips to Rs 3,113.36 cr

The Budget allocated Rs 3,113.36 crore to the ministry, against Rs 10,667 crore in 2022-23, which was later revised to Rs 9,363.70 crore