Category: Economy
Budget at a glance: What it means for taxpayers, economy and business
FM Nirmala Sitharaman on Wednesday presented the Union Budget 2023, the last full-fledged Budget OF Modi government before the general elections next year. The FM…
rbi: Prime Minister Modi’s election Budget is unlikely to delay RBI path to rate pause
The Narendra Modi government’s $550 billion India budget aimed at boosting consumption by lowering taxes will not stop the central bank from moving toward a…
India Budget 2023: Budget beautifully balanced; India set to be $5 trillion economy: Nirmala Sitharaman
Terming the budget ‘beautifully balanced’, finance minister Nirmala Sitharaman said India is all set to become a $5 trillion economy. In her post-budget media interaction,…
Fiscal math with capex Bazooka – way to ‘Amrit Kaal’
This budget sets us on the glide path of Amrit Kaal (the next 25 years) in our journey of being Atmanirbhar. Our vision for the…
Digitisation Budget 2023: Budget 2023 gives Rs 968cr digitisation boost to connect, drive agriculture cooperatives
The government proposes to spend ₹1,150.38 crore on the cooperatives sector in FY24, with ₹968 crore earmarked for computerisation of some 63,000 primary cooperative agriculture…
Indian Trillion Economy: Budget 2023: A focus on growth and transition path to a $7-trillion economy
Amitabh Chaudhry, CEO, Axis Bank The budget grasped the opportunity to consolidate India’s macroeconomic fundamentals. Even as developed economies slow down in 2023, India is…
MSMEs to be returned 95% of fines imposed during Covid
In a relief to micro, small and medium enterprise (MSME) suppliers, the penalties imposed on them for failure to execute contracts will be reimbursed and…
Tax Budget: Budget 2023: Tax relief brings a pocket full of buy
With its focus on improving the purchasing power of middleclass households through tax relief for salaried employees, the budget will help spur demand for packaged…
Swachh Bharat Mission Budget: Budget: Govt announces 150-pc hike in outlay of Swachh Bharat Mission-Urban; total allocation Rs 5,000 Cr
In a major boost to the Swachh Bharat Mission (Urban), the Centre on Wednesday announced a 150-per cent hike in the outlay of its flagship…
InVITs: Govt proposes taxation changes related to REITs, InVITs
Seeking to widen the tax base, the government on Wednesday proposed to tax income distributed by business trusts like REITs and InVITs in the form…