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Sunday, November 3, 2024
TopicBudget 2023

Topic: Budget 2023

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.

13 % increase in India’s defense budget is not enough to afford its military needs

ThePrint view on the most important issues.

Budget 2023: Health allocation puts focus on pharma research, collaborative R&D at ICMR labs

Total allocation for health and family welfare department stood at Rs 89,155 cr, about 0.34% higher than last year’s allocation of Rs 86,200 cr.

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.

Opposition counters ‘Modi’ slogans with ‘Bharat Jodo’ during Sitharaman’s Budget 2023 speech

The episode was evidence of Congress’ clear intention which is believed to be coming well-prepared to counter the Central government during the Budget session.

PM Awas Yojana raised by 66% to Rs 79,000 crore, says Sitharaman in Union Budget

This is a significant increase considering Sitharaman, in the Budget 2022, had proposed an allocation of Rs 48,000 crore for Modi government’s Housing for All initiative.

Budget 2023: Eye on polls, Modi govt allots Rs 15,000 cr for tribal development — 5x hike

Of nine states headed for polls this year, Meghalaya, Mizoram and Nagaland have over 85% tribal population, while two, Chhattisgarh and Tripura, have more than 30%.

Centre to target fiscal deficit of 5.9% of GDP in Union Budget 2023, says Finance Minister

Nirmala Sitharaman said the government will aim to have strong public finances and a robust financial sector for the benefit of all sections of society.

Budget 2023: Income tax reduced — new exemption limit Rs 3 lakh, tax rebate up to Rs 7 lakh

Finance Minister Nirmala Sitharaman presented this government’s final full-fledged Budget in Parliament Wednesday.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.