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Page 9 - Budget 2023 News

Union Budget 2023-24 ready reckoner: A fiscally prudent approach

The Centre stuck with fiscal prudence, project­ing a decline in fiscal deficit to 5.9 per cent of GDP in FY24

Union Budget 2023-24 ready reckoner: A fiscally prudent approach
Updated On : 01 Feb 2023 | 10:31 PM IST

Budget 2023 exudes elixir for the Amrit Kaal

Strap: On the tax front, the key development is making the concessional tax regime the default option

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Updated On : 01 Feb 2023 | 10:30 PM IST

Budget: NPCIL gets Rs 9,410 cr as India seeks to ramp up nuclear capacity

The Department of Atomic Energy has been allocated Rs 25,078.49 crore which is lower than Rs 25,965.67 crore it had received in the revised estimates in the 2022-23 fiscal

Budget: NPCIL gets Rs 9,410 cr as India seeks to ramp up nuclear capacity
Updated On : 01 Feb 2023 | 10:28 PM IST

ITC cannot be claimed on goods/services used for CSR activities: Budget

The Budget proposed certain amendments in GST Act and said that input tax credit cannot be claimed on goods/ services used or intended to be used for Corporate Social Responsibility (CSR) activities

ITC cannot be claimed on goods/services used for CSR activities: Budget
Updated On : 01 Feb 2023 | 10:27 PM IST

Union Budget 2023-24: Visions of sense and sensibility

In a very difficult global scenario, India needs to grow by 6-6.5 per cent in real terms in 2023-24

Union Budget 2023-24: Visions of sense and sensibility
Updated On : 01 Feb 2023 | 10:26 PM IST

Budget 2023: Allocation for IPR ecosystem up by 15% to Rs 329 crore

Allocation for intellectual property ecosystem, including the copyright office and Controller General of Patents, Designs and Trade Marks, has been increased by about 15 per cent to Rs 328.981 crore

Budget 2023: Allocation for IPR ecosystem up by 15% to Rs 329 crore
Updated On : 01 Feb 2023 | 10:25 PM IST

Good Budget but sports needed more, says AFI's Anju Bobby George

Anju Bobby George, Vice-president, the Athletics Federation of India, talks about Union Budget 2023-24

Good Budget but sports needed more, says AFI's Anju Bobby George
Updated On : 01 Feb 2023 | 10:23 PM IST

Budget 2023-24: Relief to middle class set to spur private consumption

The government plans to collect just over Rs 9 trillion via personal income tax in FY24

Budget 2023-24: Relief to middle class set to spur private consumption
Updated On : 01 Feb 2023 | 10:22 PM IST

Tech firms welcome Budget, want focus on digitisation to continue

FM proposes three centres of excellence to build AI solutions and 100 labs to develop applications using 5G services

Tech firms welcome Budget, want focus on digitisation to continue
Updated On : 01 Feb 2023 | 10:21 PM IST

Budget 2023-24: India Inc to gain from Rs 10-trillion infra push

CEOs expect big orders from govt as private capex picks up in tandem

Budget 2023-24: India Inc to gain from Rs 10-trillion infra push
Updated On : 01 Feb 2023 | 10:21 PM IST

Up but not out of the woods: Pain points & what's on offer in Budget

There was a 7 per cent year-on-year decline in the January numbers reported by the country's largest manufacturer Tata Motors

Up but not out of the woods: Pain points & what's on offer in Budget
Updated On : 01 Feb 2023 | 10:18 PM IST

FMCG industry expects recovery in rural growth, consumer spending on track

The FMCG industry expects the government's special focus on the agriculture sector in the Budget 2023-24 would help to regain rural growth while providing more disposable income to the middle class

FMCG industry expects recovery in rural growth, consumer spending on track
Updated On : 01 Feb 2023 | 10:16 PM IST

Life insurance stocks tumble as govt proposes to tax high premium policies

Govt aims to curb misuse of Section 10(10D) of I-T Act with this proposal; new rule applicable on policies issued on or after April 1, 2023

Life insurance stocks tumble as govt proposes to tax high premium policies
Updated On : 01 Feb 2023 | 10:09 PM IST

Budget 2023 gives a big push for AI, continues focus on digitisation

Open-source platform for agriculture, anonymous datasets for innovation on the cards

Budget 2023 gives a big push for AI, continues focus on digitisation
Updated On : 01 Feb 2023 | 10:09 PM IST

Budget 2023: Capex push to safeguard growth from global headwinds

The centre has been able to spend 65.4 per cent of its capex allocation for FY23 during April-December period against 70.7 per cent during the same period in FY22

Budget 2023: Capex push to safeguard growth from global headwinds
Updated On : 01 Feb 2023 | 10:08 PM IST

FM may address RBI board on Feb 11 to highlight key points of Budget 2023

Finance Minister Nirmala Sitharaman is likely to address the Reserve Bank of India's central board on February 11 and highlight key points of the Union Budget

FM may address RBI board on Feb 11 to highlight key points of Budget 2023
Updated On : 01 Feb 2023 | 10:08 PM IST

Union Budget 2023-24: Growth pragmatism over populism

The infrastructure sector got the lion's share of the capex bazooka, which will have a significant multiplier effect on economic growth

Union Budget 2023-24: Growth pragmatism over populism
Updated On : 01 Feb 2023 | 10:01 PM IST

On a day of 'no negative surprises': Adani stock rout spoils party

Nifty falls over 2% from day's high to end in the red...

On a day of 'no negative surprises': Adani stock rout spoils party
Updated On : 01 Feb 2023 | 9:58 PM IST

On the agenda: Budget focuses on quality and reach of healthcare in India

It is hoped there is both a short- and long-term vision to make India a leader in the pharmaceutical sector beyond generic drug manufacture

On the agenda: Budget focuses on quality and reach of healthcare in India
Updated On : 01 Feb 2023 | 9:56 PM IST

Domestic cyclicals key gainers from the infra push in the Budget

Street is bearish on exporters while there is a mixed opinion on the consumption basket

Domestic cyclicals key gainers from the infra push in the Budget
Updated On : 01 Feb 2023 | 9:53 PM IST