Budget 2023 Live Updates: Union finance minister Nirmala Sitharaman announced that the Union budget 2023-24 is guided by seven priorities.
A comprehensive document that outlines the government’s economic and fiscal policies, it is presented by the Finance Minister of India in the Parliament. The revenue budget is made up of revenue receipts - the amount of taxes and other levies the union government expects to collect and revenue expenditures. With India assuming the presidency of G20, finance minister Nirmala Sitharaman may focus on green hydrogen and electric vehicles to enable the nation's adoption of green energy. "IMF estimates India to be one of the top two fast-growing significant economies in 2022. Sitharaman's budget for the fiscal year starting April 2023 is her fifth straight since 2019. Here are the key numbers to watch for in Budget 2023-24, which is widely expected to boost spending towards policies that create jobs, leave more money in hands of the common man and boost manufacturing, while increasing tax revenues. Sniffer dog was seen sniffing copies of Union Budget 2023 that have been brought to the Parliament. Union finance minister Nirmala Sitharaman has joined a select league of ministers to present five consecutive federal budget in independent India. It has also proposed to reduce basic customs duty on parts, TV panels to 2.5% in a bid to promote value addition on manufacture of TVs. Highest tax rate - Reduction in the highest surcharge rate from 37 per cent to 25 per cent in the new tax regime. “I introduced in 2020, the new personal income tax regime with 6 income slabs, starting from ₹2.5 Lakhs. The minister also said that urban local bodies will be provided incentives to improve their finances and credit worthiness.
Union Budget 2023, FM Nirmala Sitharaman Speech Live News Updates in Hindi: Budget 2023 Live: वित्त मंत्री आज पेश करेंगी मोदी ...
Budget 2023 India Highlights and Important Points: Nirmala Sitharaman announced a National Digital library for children, a national mission for vulnerable ...
📌 Government implementing a scheme to supply foodgrains from January 1, 2023, to all Antaodaya and priority households for the next one year. [Read her full speech](https://indianexpress.com/article/business/budget-2023-nirmala-sitharaman-speech-full-text-8416756/) to see what else you missed. 📌 What will be cheaper? Udit Misra has distilled [the three big takeaways](https://indianexpress.com/article/explained/explained-economics/three-big-takeaways-of-union-budget-8417426/) from this Union Budget. And in case you were wondering, he has a handy explainer on [how the government calculates the math](https://indianexpress.com/article/explained/explained-economics/union-budget-2023-explained-math-calculation-planning-8416899/). 12-15 lakh — 20%; Rs. 📌 The limit for presumptive taxation for MSMEs and certain professionals to be increased to Rs 3 crore and Rs 75 lakh respectively. 9-12 lakh — 15%; Rs. The Minister’s speech also laid emphasis on infrastructure and jobs ahead of Modi government’s last full-fledged Budget before the Lok Sabha elections in 2024. 6-9 lakh — 10%; Rs. 3-6 lakh — 5%; Rs. 3 lakh — nil; Rs.
Finance Minister Nirmala Sitharam is presenting her fifth Budget in the Parliament. Sitharaman highlighted seven priorities of Budget 2023 saying "they ...
Finance Minister Nirmala Sitharaman announced that the cost of credit will be reduced by around 1 percent. She highlighted the government motto "Vanchito Ko Variyata"(priority to deprived sections). In this Budget also, Nirmala Sitharaman continued with the tradition she set in 2019 of carrying the Budget speech in a ‘bahi-khata’, instead of a briefcase.
बजट में पर्सनल इनकम टैक्स के मामले में क्या बदलाव किए गए? सरकारी खर्च और आमदनी का क्या ...
During her budget speech, Finance Minister Nirmala Sitharaman said the focus remains on widening the scope of economic growth, boosting key areas like ...
I propose changing the tax structure in this regime by reducing the number of slabs to 5 and increasing the tax exemption limit to Rs 3 Lakhs," she said. The finance minister said, "I reiterate my intention to bring the fiscal deficit below 4.5 per cent of GDP by 2025-26." She also proposed to make tax slabs more flexible under the new tax regime. This will be done to spur investment in infrastructure and to incentivise them for complimentary policy actions, with enhanced outlay of Rs. She said the capital During her budget speech, the finance minister said the focus remains on widening the scope of economic growth, boosting key areas like infrastructure and manufacturing and job creation. The agricultural credit target will be increased to Rs 20 lakh crore, with focus on animal husbandry, dairy and fisheries. ICMR labs will be made available for research by public and private medical college faculty and private sector R&D teams, to encourage collaborative research and innovation. The finance minister said the government has implemented a scheme to supply free food grains to priority households for the next one year, under PM Gaarib Kalyan Anna Yojana. As expected earlier, the finance minister made several announcements to boost the overall agricultural sector, including providing affordable solutions for challenges faced by farmers. She also announced a new programme to promote research and innovation in pharmaceuticals. [roadmap for the Amrit Kaal](https://www.indiatoday.in/india/story/amrit-kaal-nirmala-sitharaman-budget-2023-narendra-modi-2329026-2023-02-01), which will include technology-driven growth and a knowledge-based economy.
8:05 AM ISTBudget 2023 Income Tax: इनकम टैक्स में मिलेगी छूट न्यू टैक्स रिजीम (New Tax Regime) के तहत 1 अप्रैल ...
Budget 2023: Finance Minister Nirmala Sitharaman on announced the Union Budget for 2023-24 on Wednesday, February 1. The government's last full-year Budget ...
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While presenting the Union Budget 2023-24 in Lok Sabha, Union Finance Minister Nirmala Sitharaman said the Indian economy is on a "right track and heading ...
While presenting the Budget 2023-24 before the Parliament, the minister said, “Digital public infrastructure of agriculture to be built as open source, opened standard, interoperable public good”. India has Increased its, budget allocations to Rs 790 billion for affordable housing in 2023/24. India ups capex by 33%, to focus on growth in last full budget before elections. The government will also continue a 1.3 trillion rupees long-term loan to states for longer term investments, the minister said. “Our focus on reforms and sound policies resulting in Jan Bhagidari helped us in trying times, our rising global profile is due to several accomplishments,” she said. The Indian government will spend 10 Lakh Crore($122.3 billion) on longer term capital expenditure in 2023/24, extending a strategy adopted to revive growth in the aftermath of the COVID-19 crisis.
Union Budget 2023 Highlights: वित्त मंत्री निर्मला सीतारामन ने आम बजट 2023-24 पेश कर दिया है.
घर में पूजा के बाद वित्त राज्यमंत्री ने कहा कि ये बजट सबके लिए कल्याणकारी होने वाला है. वित्त मंत्री के साथ ये बजट प्रधानमंत्री नरेंद्र मोदी (Prime Minister) के लिए भी एक चुनौती हो सकता है कि कैसे वो अगले साल यानी 2024 के आम चुनाव से पहले जनता को भरोसा दिला पाते है कि उनकी सरकार ही देश के आर्थिक विकास के लिए सबसे सही पसंद है. देश की अर्थव्यवस्था पटरी पर है और इसके तेजी के लिए सरकार की पूरी तैयारी है. ठीक 10 मिनट बाद संसद की कार्यवाही शुरू होने के बाद वित्त मंत्री संसद में बजट भाषण शुरू करेंगी. उनके साथ वित्त राज्यमंत्री भागवत कराड, वित्त राज्यमंत्री पंकज चौधरी और वित्त मंत्रालय के सीनियर अधिकारियों के साथ राष्ट्रपति भवन पहुंचे हैं. संसद भवन में केंद्रीय कैबिनट की बैठक शुरू हो गई है और इसके साथ ही बजट का फाइनल काउंटडाउन जारी है. दुनियाभर के लोगों ने भारत के विकास की सराहना की है और यह बजट अगले 25 साल का ब्लू प्रिंट है. मिलेट्स में किसानों का काफी योगदान है और श्रीअन्ना का हब बनाने के लिए कोशिश की जा रही है. ये सर्वव्यापी, सर्वहितैषी बजट है और इसके जरिए सरकार ने दिखा दिया है कि वो वंचितों के लिए असल रूप से काम कर रही है. वित्त मंत्री ने कहा कि इंफ्रास्ट्रक्चर और इन्वेस्टमेंट हमारी तीसरी प्राथमिकता होगा और सरकार ने 33 प्रतिशत कैपिटल एक्सपेंडिचर बढ़ाया है. ये महिला कल्याण के लिए एक बड़ा कदम इस बजट में उठाया जा रहा है. प्रधानमंत्री नरेंद्र मोदी ने आम बजट को लेकर कहा है कि अमृत काल का ये पहला बजट विकसित भारत को पूरा करने के लिए मजबूती देने का कार्य करेगा.
Union Budget 2023-24 Explained Live Updates: Finance Minister Nirmala Sitharaman presented her fifth Budget speech in Parliament today.
But while much is made of the promise of India becoming the back office of the world, little is thought of the threat of automation. No country has risen to dominate the world without first substantially investing in the health and education of its people. The Budget speech: The speech introduces the Budget to the public. As such, there is a great temptation to stretch the disinvestment target depending on the gap that needs to be filled. This, in turn, undermines the credibility of Budget numbers. GDP growth: The Survey said India’s growth estimate for FY23 is higher than for almost all major economies.
Union Budget 2023 Highlights : वित्त मंत्री निर्मला सीतारमण ने बुधवार को संसद में देश का आम बजट Budget ...
[बजट 2023](https://www.patrika.com/topic/budget-2023/) का सार इस एक खबर में... Union [Budget 2023](https://www.patrika.com/topic/budget-2023/) Highlights : [आम बजट 2023-24](https://www.patrika.com/topic/budget-2023/) [बजट](https://www.patrika.com/topic/budget-2023/)
Union Budget 2023 Highlights: बजट का मुख्य आकर्षक इनकम टैक्स में छूट का ऐलान रहा। वित्त मंत्री ने ...
सरकार ने बजट में अगले वित्त वर्ष के दौरान कैपिटल एक्सपेंडिचर या पूंजीगत खर्च पर 10 लाख करोड़ के प्रावधान का ऐलान किया, जो पिछले साल से करीब 33 फीसदी अधिक है। साथ ही यह देश की कुल जीडीपी का 3.3 फीसदी है। पिछले साल बजट में इसके लिए 7.5 लाख करोड़ का प्रावधान किया गया था। पिछले कुछ सालों पर कैपिटल एक्सपेंडिचर पर बजट इस तरह बढ़ा है- Union Budget 2023 Highlights: वित्त मंत्री निर्मला सीतारमण ने बुधवार 1 फरवरी को संसद में भारत सरकार का आम बजट पेश किया। बजट का मुख्य आकर्षक इनकम टैक्स में छूट का ऐलान रहा। वित्त मंत्री ने कहा कि नई टैक्स व्यवस्था के तहत अब 7 लाख रुपये की सालाना आय वाले लोगों को कोई इनकम टैक्स का भुगतान नहीं करना होगा। अभी तक यह सीमा 7 लाख थी। इसके अलावा वित्त मंत्री ने अब तक सबसे बड़ा 'रेल बजट' पेश किया है। बजट में रेलवे के लिए 2.40 लाख करोड़ रुपये का ऐलान किया गया, जो वित्त वर्ष 2014 के रेल बजट का करीब नौगुना अधिक है। Union Budget 2023 Highlights: बजट का मुख्य आकर्षक इनकम टैक्स में छूट का ऐलान रहा। वित्त मंत्री ने कहा कि नई टैक्स व्यवस्था के तहत अब 7 लाख रुपये की सालाना आय वाले लोगों को कोई इनकम टैक्स का भुगतान नहीं करना होगा। वहीं वित्त मंत्री ने अब तक सबसे बड़ा 'रेल बजट' पेश किया है। जानें वित्त मत्री निर्मला सीतारमण के बजट भाषण की मुख्य बातें-
The budget proposes several measures in the form of tax incentives to support the country's overall economic growth. From the personal tax standpoint, ...
This would provide considerable relief to NBFCs engaged in the financing sector. The tax withholding shall be done at the end of the financial year or at withdrawal, whichever is earlier. Also, the time period on income tax benefit to companies registered as start-ups has increased to 31st March, 2024. From the tax withholding perspective, as expected, net winnings from online gaming have been proposed to be brought under the new Section 194BA. From the personal tax standpoint, individuals have got an increased rebate limit to INR 7 lakh in the new tax regime. For the salaried taxpayers, the incentive to opt for the old tax regime for taxpayers may reduce over the coming years.
Budget 2023 Live Updates: Finance Minister Nirmala Sitharaman announced hiking the capital expenditure by 33 per cent to Rs 10 lakh crore for infrastructure ...
Budget 2023 allocated an enhanced outlay of Rs 2.70 lakh crore for the highways sector. The outlay for the railways is nine times the amount provided in 2013-2014. Government announced 11 per cent hike in agriculture credit target to Rs 20 lakh crore for the next fiscal year. I proposed to increase the tax rebate limit to Rs 7 lakhs in the new tax regime," Sitharaman said while announcing the new tax slabs in her speech while presenting the Union Budget for 2023-24. The official mouthpiece of the Shiv Sena's Uddhav Thackeray faction, 'Saamana', said it was pre-election budget and a sedative for the people till the next general elections. The Federation of Industry & Commerce of North Eastern Region (FINER) on Wednesday said that the Union Budget 2023 is a "no complaint Budget" and largely beneficial to the northeastern region.FINER's former Chairman and Budget analyst R. The budget clearly reflects PM Modi’s long-term vision for India and it aims to engage with and carry every section of society towards the goal of a self-reliant and strong India,” he added The annual outlay in FY 2023-24 is 12.97 per cent higher than the annual outlay of FY 2022-23.Finance Minister Nirmala Sitharaman in her Budget speech on Wednesday made an announcement to set up Bharat Shared Repository of Inscriptions (BharatSHRI), a digital epigraphy museum, with the digitisation of one lakh ancient inscriptions in the first stage. Finance Minister Nirmala Sitharaman in her Budget speech said a revamped credit guarantee scheme for MSMEs with an outlay of Rs 9,000 crore will be launched from April 1.Apparel Export Promotion Council (AEPC) Chairman Naren Goenka said that the focus on infrastructure, investment, green growth, youth power and inclusive development will boost India's journey to be the fastest-growing robust economy." With the immense rise in allocation towards Pradhan Mantri Awaas Yojana to Rs 79,000 crore for the next fiscal, this is expected to boost the development of more low-income and affordable housing across the country Presenting the Budget 2023, Sitharaman said the outlay for the railways is nine times the amount provided in 2013-2014. The government announced 11 per cent hike in agriculture credit target to Rs 20 lakh crore for next fiscal year with focus on animal husbandry, dairy and fisheries.
India will focus on economic growth and job creation and cut down fiscal deficit, the Finance Minister said on Wednesday, presenting the government's last ...
* Increases budget allocations to 790 billion rupees for affordable housing in 2023/24 * Agricultural credit target raised to 20 trillion rupees for 2023/24 * Outlay for capital spending increased 33% to 10 trillion rupees ($122.29 billion) in 2023/24
India Budget highlights 2023: In the last full-fledged Budget before the general elections next year, the Modi government presented the Union Budget in ...
* Indian economy on the right track, and heading towards a bright future. * To improve social-economic condition of the Particularly Tribal Groups, PMPBTG Development mission will be launched, to saturate PBTG habitations with basic facilities. In these 9 years, the Indian economy has increased in size from being 10th to 5th largest in the world: Sitharaman * The country offers immense attraction for domestic as well as foreign tourists. [Nirmala Sitharaman](/news/nirmala-sitharaman)today presented the [Union Budget](/budget)2023, the fifth budget of Modi 2.0 on Wednesday. The per capita income has more than doubled to Rs 1.97 lakh. During pandemic, the government ensured no one went to bed hungry, " says Finance Minister In a boost to taxpayers and economy, Sitharaman announced major changes in tax slabs under new tax regime and big boost for railways and capital expenditure. * Phase 3 of E-courts projects to be launched with outlay of Rs 7,000 crore * To encourage the indigenous production of lab-grown diamonds, a research and development grant is to be provided to one of the IITs for five years * Effective capital expenditure of centre to be - Rs 13.7 lakh crore * New tax regime to become the default tax regime
Budget Highlights 2023: Union Finance Minister Nirmala Sitharaman today presented the Union Budget 2023, the fifth budget of Modi 2.0 on Wednesday.
- Indian economy on the right track, and heading towards a bright future. In these 9 years, the Indian economy has increased in size from being 10th to 5th largest in the world: Sitharaman - The country offers immense attraction for domestic as well as foreign tourists. A large portion of the allocation, Rs 53 crore, has been earmarked for capital expenditure for INSPACe. The per capita income has more than doubled to Rs 1.97 lakh. During pandemic, the government ensured no one went to bed hungry, " says Finance Minister However, citizens can opt for the old tax regime. - The allocation for ICMR has been increased from Rs 2,116.73 crore to Rs 2,359.58 crore. [Nirmala Sitharaman](/news/nirmala-sitharaman)on Wednesday presented the [Union Budget](/budget)2023, the fifth budget of Modi 2.0. - The budget allocation for autonomous bodies goes up from Rs 10,348.17 crore in 2022-23 to Rs 17,322.55 crore in 2023-24. - Out of Rs 89,155 crore, Rs 86,175 crore has been allocated to the Department of Health and Family Welfare, while Rs 2,980 crore to the Department of Health Research. In a big boost for taxpayers and economy, Sitharaman announced major changes in tax slabs under the new tax regime and big hike in allocation for railways and capital expenditure.
Budget 2023: The government has a three-point agenda for growth -- facilitating ample opportunities for youth, job creation and strengthening macro economic ...
MOST READ This is the first Budget in Amrit Kaal, she said. Sitharaman said the Budget for 2023-24 hopes to build on the foundation of the previous budget and blue print for India@100. Sitharaman is presenting her fifth full Budget after she took over as Finance Minister in July 2019. [Nirmala Sitharaman](https://www.businesstoday.in/union-budget/news/story/union-budget-2023-live-speech-nirmala-sitharaman-income-tax-slab-healthcare-banking-infra-agriculture-railway-startups-innovation-rebates-aatmanirbhar-bharat-pharma-infrastructure-368318-2023-02-01) on Wednesday presented the Narendra Modi government's last full budget in parliament before a general election due next year. * No tax for income up to Rs 3 lakh; 5% tax on Rs 3-6 lakh; highest tax rate of 30% on income above Rs 15 lakh under new I-T regime
Budget 2023: The government has a three-point agenda for growth -- facilitating ample opportunities for youth, job creation and strengthening macro economic ...
Sitharaman said the Budget for 2023-24 hopes to build on the foundation of the previous budget and blue print for India@100. * An individual with income of Rs 15 lakh will have to pay Rs 1.5 lakh tax down from Rs 1.87 lakh under new tax structure This is the first Budget in Amrit Kaal, she said. * No tax for income up to Rs 3 lakh; 5% tax on Rs 3-6 lakh; highest tax rate of 30% on income above Rs 15 lakh under new I-T regime Sitharaman is presenting her fifth full Budget after she took over as Finance Minister in July 2019. [Nirmala Sitharaman](https://www.businesstoday.in/union-budget/news/story/union-budget-2023-live-speech-nirmala-sitharaman-income-tax-slab-healthcare-banking-infra-agriculture-railway-startups-innovation-rebates-aatmanirbhar-bharat-pharma-infrastructure-368318-2023-02-01) on Wednesday presented the Narendra Modi government's last full budget in parliament before a general election due next year.
Union Budget 2023-24 News: व्यक्तिगत कर में मोदी सरकार ने नौकरीपेशा वर्ग को बड़ी राहत दी है.
पुरानी कर व्यवस्था में अब 3 लाख रुपये की आय पर 0 आयकर लगेगा, जबकि 3 लाख रुपये से 6 लाख रुपये की सालाना आय पर 5 प्रतिशत, 6 लाख रुपये से 9 लाख रुपये की सालाना आय पर 10%, 9 से 12 लाख रुपये तक की सालाना आय पर– 15%, 12 से 15 लाख रुपये की सालाना आय पर– 20% और 15 लाख से ऊपर की सालाना आय पर– 30% टैक्स लगेगा. उन्होंने कहा आइए, नए बजट के नए संकल्पों को लेकर चलें और वर्ष 2047 में समृद्ध भारत, समर्थ भारत और हर प्रकार से संपन्न भारत की यात्रा को आगे बढ़ाएं. बजट 2023 में सरकार ने इनकम टैक्स में छूट की सीमा बढ़ाकर 3 लाख रुपये कर दी है, जबकि टैक्स रिबेट को बढ़ाकर 7 लाख रुपये कर दिया गया है. पीएम मोदी ने कहा कि यह बजट एक स्थायी भविष्य के लिए है जो हरित ऊर्जा, हरित विकास, हरित बुनियादी ढांचे और हरित नौकरियों को और प्रोत्साहित करेगा. नए टैक्स स्लैब के तहत अब 15 लाख रुपये की सालाना आय वाले व्यक्ति को 1.87 लाख रुपये की जगह अब 1.5 लाख रुपये का कर भुगतान ही करना होगा. इस बार के बजट में पर्यटन पर जोर दिया गया है. वित्तमंत्री निर्मला सीतारमण ने कहा कि कृषि ऋण की उपलब्धता में खासी बढ़ोतरी की गई है. आम बजट पेश करने के बाद मीडिया को संबोधित करते हुए वित्तमंत्री निर्मला सीतारमण ने कहा, ‘नए टैक्स सिस्टम में अब ज्यादा इंसेंटिव दिए जा रहे हैं. उन्होंने कहा, ‘वित्त वर्ष 2023-24 के बजट से पता चलता है कि यह सरकार लोगों और उनके जीवन, आजीविका की चिंताओं से कितनी दूर है. सरकार ने आम कर दाता को इनकम टैक्स की न्यू टैक्स रीजीम (New Tax Regime) में बड़ी राहत दी है. कृषि मंत्री नरेंद्र सिंह तोमर ने बुधवार को कहा कि बजट 2023-24 से देश भर के छोटे किसानों को फायदा होगा, जिसमें आधुनिक कृषि प्रौद्योगिकियों को बढ़ावा देने पर जोर दिया गया है. वित्तमंत्री निर्मला सीतारमण द्वारा बुधवार को पेश किए गए आम बजट 2023-24 की तारीफ करते हुए केंद्रीय वाणिज्य मंत्री पीयूष गोयल ने इस देश के 140 करोड़ लोगों के लिए वरदान करार दिया.