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Bud Expert Opinions

Budget 2023 takes a leap in reducing India’s fiscal deficit

Measures announced by Finance Minister Nirmala Sitharaman in Budget 2023 are clearly not populist, which has been the convention.

Some hits and misses for India’s agricultural sector in Budget 2023

A dedicated fund for start-ups in rural India is a much-needed thrust but Budget 2023 has unexpectedly slashed allocation to the agriculture ministry and reduced funds for MGNREGA by 33%.

How the new tax regime encourages long-term savings like Sukanya Samriddhi Yojana

The transition to a new tax regime will be a smart move by existing taxpayers in search of simplicity and more disposable income.

Budget 2023: An election-year bonus for the super-rich. No, Modi govt hasn’t lost it

See the political messaging in this budget. It is an uncluttered continuation from last year and is a statement of confidence, bordering on overconfidence.

P Chidambaram calls Budget 2023 callous, says govt has forgotten about the middle class

The former finance minister said that the income tax relief is only for those that have moved to the new regime and data about how many taxpayers switched to it is not available.

How Sitharaman can live up to her Budget promise of KYC simplification

Our response to KYC problems has been to bring technology to streamline processes. The problem is that they often don’t work as well as one would have hoped.

Modi govt’s target to achieve 4.5% fiscal deficit for FY26 could see some risks, says Moody’s

Earlier in a statement, the rating agency said the narrower fiscal deficit underscores the Modi government's commitment to longer-term fiscal sustainability.

KYC process to be simplified, announces Finance Minister in Union Budget 2023

According to Nirmala Sitharaman, the procedure will adopt a ‘risk-based’ approach rather than the ‘one size fits all’ currently in practice.

Here’s what the experts say about Union Budget 2023

The budget proposal, in which the government will increase capital expenditure by 33% to Rs 10 trillion in the next fiscal year, was praised by industry experts.

New tax regime to fiscal deficit target — Highlights from Sitharaman’s Budget 2023 speech

Modi govt will target a budget deficit of 5.9% of GDP for 2023/24, Finance Minister said in her speech, compared to 6.4% for the current fiscal year.

On Camera


Restoration work underway at the site of the Balasore railway accident | representational image | ANI

Railway officers overburdened. Bring in technical experts, not IRMS to solve...

Better maintenance procedures shall remain the backbone of railway operations. Outsourcing safety maintenance will be the wrong solution.
Representative image | Photo: PTI

Make it easier for nominees & heirs to access money left...

Panel set up in May 2022 has recommended ways in which RBI's regulated entities can improve customer service, including easing KYC norms & removing limits on UPI transactions.


Defence Minister Rajnath Singh with US counterpart Lloyd Austin in New Delhi Monday | ANI

Rajnath-Austin meet sets stage for mega jet engine deal when Modi...

India and US to initiate negotiations on 'Security of Supply Arrangement and a Reciprocal Defence Procurement Agreement' to promote long-term supply chain stability.
Illustration by Prajna Ghosh | ThePrint

Manipur saw ‘free’ India’s 1st flag hoisted. Now it’s BJP’s biggest...

There are 3 things you never do in a small northeastern state: undermine local leaders, divide and rule, push homogenisation.