Union Budget 2023: SBI, PNB Housing, Kotak Investment Advisory react
Feb 02, 2023, at 01:48 am
New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) tabled the Union Budget for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14. In a major relief to the middle class of the country, the Basic exemption limit has been raised to Rs 3 lakh from the existing Rs 2.5 under the new income tax regime in Budget 2023-24. Tax rebate under Section 87A has been hiked from Rs 5 lakh to Rs 7 lakh.
Feb 02, 2023, at 01:06 am
New Delhi/IBNS: The Hinduja Group has lauded the Union Budget presented by Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14.
Feb 02, 2023, at 12:52 am
Mumbai/IBNS: Tata Sons Chairman N Chandrasekaran has praised the Union Budget for prioritizing growth “given the challenging macro backdrop of slowing global growth and tightened financial conditions.”
Feb 01, 2023, at 10:50 pm
New Delhi: While presenting the Union Budget 2023-24 in Parliament here on Wednesday, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman proposed to continue the financial sector reforms and innovative use of technology which have led to financial inclusion at scale, better and faster service delivery, ease of access to credit and participation in financial markets.
Feb 01, 2023, at 10:25 pm
New Delhi: India is moving forward firmly for the ‘panchamrit’ and net-zero carbon emission by 2070 to usher in green industrial and economic transition, Union Finance Minister Nirmala Sitharaman tells in her Budget speech on Wednesday.
Feb 01, 2023, at 10:19 pm
New Delhi: States and cities will be encouraged to undertake urban planning reforms and actions to transform cities into ‘sustainable cities of tomorrow’, Union Finance Minister Nirmala Sitharaman said in her Union Budget speech presented on Wednesday.
Union Budget: Highest ever capital outlay of Rs. 2.40 lakh crore announced for Indian Railways
Feb 01, 2023, at 10:04 pm
New Delhi: Finance Minister Nirmala Sitharaman said in her Union Budget speech that a capital outlay of Rs. 2.40 lakh crore has been provided for the Railways.
Feb 01, 2023, at 09:46 pm
New Delhi: While enunciating the government’s vision of providing a transparent and accountable administration which works for the betterment and welfare of the common citizen, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, presented the Union Budget 2023-24 in Parliament on Wednesday.
NEP formulated to empower youth: Nirmala Sitharaman tells in her Union Budget speech
Feb 01, 2023, at 09:16 pm
New Delhi: To empower our youth and help the ‘Amrit Peedhi’ realize their dreams, we have formulated the National Education Policy, focused on skilling, adopted economic policies that facilitate job creation at scale, and have supported business opportunities, said Union Minister for Finance & Corporate Affairs Nirmala Sitharaman while presenting the Union budget 2023-2024 in Parliament here on Wednesday.
Union Budget: Teacher's training to be revamped
Feb 01, 2023, at 09:09 pm
New Delhi: The Government's philosophy of Sabka Saath Sabka Vikas has facilitated inclusive development, said the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman while presenting the Union Budget 2023-24 in Parliament on Wednesday.
Union Budget: Atmanirbhar Clean Plant Program to be launched with an outlay of Rs. 2,200 crore
Feb 01, 2023, at 08:51 pm
New Delhi: An Atmanirbhar Clean Plant Program will be launched with an outlay of Rs. 2,200 crore to boost availability of disease-free, quality planting material for high value horticultural crops, the Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said while presenting the Union Budget 2022-23 in Parliament on Wednesday.
Union Budget: 157 new nursing colleges to be established
Feb 01, 2023, at 08:35 pm
New Delhi: In line with this vision of India@100 and Amrit Kaal, Finance Minister Nirmala Sitharaman on Wednesday, in her Budget speech, announced the establishment of 157 new nursing colleges in co-location with the existing 157 medical colleges, established since 2014.
Persons with income upto Rs. 7 lakh will not pay income tax in new tax regime: Union Budget
Feb 01, 2023, at 08:12 pm
New Delhi: With the objective of benefitting the hard working middle class of the country, Union Minister for Finance and Corporate Affairs, Nirmala Sitaraman made five major announcements with respect to personal income tax while presenting the Union Budget 2023-24 in Parliament on Wednesday.
Feb 01, 2023, at 07:31 pm
New Delhi/IBNS: Ahead of the 2024 general elections in India and polls in key states this year itself, Union Finance Minister Nirmala Sitharaman on Wednesday presented the annual budget offering a big relief to the taxpayers while emphasizing on job creations and ramping up capital spending.
Nirmala Sitharaman to present Union Budget today
Feb 01, 2023, at 02:23 pm
New Delhi: Union Finance Minister Nirmala Sitharaman will present the Budget on Wednesday, the last full-year major presentation ahead of the Lok Sabha Polls in 2024.
Feb 01, 2023, at 06:49 am
New Delhi/IBNS: India has a unique opportunity to lead the world with new models of digital access to healthcare, which can serve not only emerging markets but also developed markets given that countries across the globe face significant inadequacies around healthcare access and affordability, said Prashant Tandon, HealthTech Committee Chair & CEO & Co-Founder of TATA 1MG.
Feb 01, 2023, at 06:28 am
Bengaluru/IBNS: The government can bolster working capital for e-commerce suppliers by lowering GST on input services like logistics and facilitating refunds of accumulated input tax credit in the upcoming Budget, according to Vidit Aatrey, Founder & CEO – Meesho.
Feb 01, 2023, at 06:05 am
MumbaiIBNS: A lower GST on appliances will help improve the penetration levels in India which remains low despite the positive impact on the quality of life and productivity, according to Kamal Nandi, Business Head and Executive Vice President of Godrej Appliances.
Large budget deficit acceptable if it stimulates higher GDP: Nadir Godrej
Feb 01, 2023, at 05:31 am
Mumbai/IBNS: Speaking on the upcoming Union Budget, Godrej Industries Ltd.'s Chairman and MD - Nadir Godrej said global inflation, China's economic slowdown, the pandemic's aftereffects, and the conflict between Ukraine and Russia pose a great challenge for the Indian economy.
Feb 01, 2023, at 05:27 am
Kolkata/IBNS: The Union Budget should continue and provide the right policy and budgetary framework to ensure the economic growth of the country and a budget design that can stand as per the GDP growth rate expectations, according to Rajeev Sharma, Chief Strategy Officer, Mitsubishi Electric India Pvt. Ltd.
Feb 01, 2023, at 04:34 am
New Delhi/IBNS: The logistics sector expects Union Budget to prioritize the strengthening of logistics and related infrastructure that would lead to economic growth for the country as a whole, according to Nikhil Agarwal, President-CJ Darcl Logistics.
73% consumers expect reduction in prices of essential items in Budget 2023: Survey
Feb 01, 2023, at 03:53 am
Mumbai/IBNS: Reduction in the price of essentials is the biggest expectation from the 2023 budget, according to a pre-budget survey conducted by Consumer data intelligence company Axis My India.
Sona Group of Education Institutions suggests doubling of allocation for education
Jan 24, 2023, at 12:01 am
Bangalore: Chocko Valliappa, Vice Chairman, Sona Group of Education Institutions' has suggested doubling allocation for education over the next three years.
ESOPDhan budget expectations on vested ESOPs of unlisted firms
Jan 23, 2023, at 11:05 pm
Bengaluru: ESOPDhan co-founder Nitin Agarwal, an angel investor, has said he expects the upcoming Union Budget to reduce the holding period of ESOP shares of unlisted companies from two years to one year for purposes of capital gain.
Upcoming budget will follow spirit of earlier budgets: Union Finance Minister Nirmala Sitharaman
Dec 16, 2022, at 08:15 pm
New Delhi: The upcoming Union Budget will follow the spirits of the earlier budgets, Union Finance Minister Nirmala Sitharaman said on Friday.
Nirmala Sitharaman holds pre-budget meeting with finance ministers of states & UTs
Nov 26, 2022, at 02:40 am
New Delhi: Union Finance Minister Nirmala Sitharaman Friday held a pre-budget meeting of finance ministers of all states and union territories for taking their inputs and suggestions for the 2023-24 Budget.
Technology takes centre-stage in health budget
Feb 01, 2022, at 11:52 pm
New Delhi: Technology has taken a centre-stage for the Health Sector in the General Budget presented in the Parliament by Nirmala Sitharaman, Union Minister of Finance.
Feb 01, 2022, at 11:31 pm
New Delhi/IBNS: Finance Minister Nirmala Sitharaman has taken major steps in financial inclusion and further digitisation of the rural economy with the announcement of integrating 1.5 lakh post offices under the core banking system and creation of 75 digital banking units.
Union Budget: Manufacturing scheme proposed to build strong ecosystem for 5G
Feb 01, 2022, at 09:22 pm
The Union Budget 2022-23 seeks to lay the foundation and give a blueprint to steer the economy over the Amrit Kaal of the next 25 years – from India at 75 to India at 100.
Union Budget: Rs. 60,000 crore allocated for Har Ghar, Nal Se Jal Scheme
Feb 01, 2022, at 08:56 pm
New Delhi: An allocation of Rs. 60,000 crore has been made in the Union Budget to cover 3.8 crore households in 2022-23 under Har Ghar, Nal Se Jal Scheme.