Tag: Nirmala Sitharaman
Will the Union Budget manage the fisc?
The headline numbers are impressive, to say the least. The budget promises a 50 basis point – one basis point is one hundredth of a…
Budget 2023: Govt proposes to cut customs duty on goods to 13% from 21%
The Government on Wednesday proposed to reduce the basic customs duty rates on goods, other than textiles and agriculture, to 13 per cent from 21…
tax holiday: Budget 2023: extended tax holiday will apply to less than 1% Indian startups, say experts
The budget has proposed to extend tax holiday offered to startups under the Startup India scheme, but industry representatives said the measures will apply to…
Green economy, energy focus in budget please UAE-based NRI businesses
DUBAI: The provision for green growth in India’s first ‘Amrit Kaal’ budget announced by finance minister Nirmala Sitharaman on Wednesday pleased UAE-based NRI businesspeople. ‘Amrit…
What Nirmala Sitharaman’s Budget 2023 offers to Gen Z?
Union finance minister Nirmala Sitharaman unveiled a pre-election Budget 2023 that cut personal income taxes to boost consumption while ramping up infrastructure spending to spur…
food subsidy bill india: India’s food subsidy bill cut by 22%, fertiliser 31%
The Narendra Modi government on Wednesday slashed its fertiliser and food subsidies by 22% and 31% each for the upcoming fiscal. India’s expenditure on overall…
budget for startup: Budget 2023: Key takeaways for tech, startups from Nirmala Sitharaman’s speech
Finance Minister Nirmala Sitharaman during her Budget speech made several announcements related to the tech and startup sector, including relief on customs duty on import…
budget custom duty: Domestic manufacturing gets a push in Budget with changes in custom duty
The government has given a fresh push to make in India for the electronics sector in the Budget by lowering custom duties on several components,…
Indian Railways Budget 2023: Government outlines highest ever Rs 2.40 lakh crore boost for Indian Railways in Budget
Nirmala Sitharaman, today, announced a Rs 2.40 lakh crore boost for the Indian Railways, increasing the budgetary allocation for the sector. “This is the highest…
Budget for Agritech Startups: Budget 2023: FM Sitharaman announces accelerator fund to push agritech startups
Finance Minister Nirmala Sitharaman on Wednesday announced an agriculture accelerator fund to encourage agritech startups by young entrepreneurs in rural areas. The fund will focus…