The Centre stuck with fiscal prudence, projecting a decline in fiscal deficit to 5.9 per cent of GDP in FY24
Strap: On the tax front, the key development is making the concessional tax regime the default option
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
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
In a very difficult global scenario, India needs to grow by 6-6.5 per cent in real terms in 2023-24
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
Anju Bobby George, Vice-president, the Athletics Federation of India, talks about Union Budget 2023-24
The government plans to collect just over Rs 9 trillion via personal income tax in FY24
FM proposes three centres of excellence to build AI solutions and 100 labs to develop applications using 5G services
CEOs expect big orders from govt as private capex picks up in tandem
There was a 7 per cent year-on-year decline in the January numbers reported by the country's largest manufacturer Tata Motors
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
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
Open-source platform for agriculture, anonymous datasets for innovation on the cards
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
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
The infrastructure sector got the lion's share of the capex bazooka, which will have a significant multiplier effect on economic growth
Nifty falls over 2% from day's high to end in the red...
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
Street is bearish on exporters while there is a mixed opinion on the consumption basket