Union Budget 2023

A lot of things became cheaper or costlier, but the limelight of the entire Union Budget 2023-24 was on 'Personal Income Tax'. With the proposed change, let's take a look as to which regime suits your pocket better

The Budget highlighted tourism as one of the major sectors contributing to the overall economy of the country. However, moves such as hike in ATF price and increase in TCS mandate on overseas tour packages worry stakeholders

The allocation for the rural job scheme for the next financial year is reportedly 17.80% lesser than the budgetary estimates of INR 73,000 crore for 2022-23

Jaishankar said that the budget for the new year will enhance the ease of doing business as it includes KYC process simplification, greater GIFT IFSC activities and establishing an EXIM Bank subsidiary for trade re-financing

On the face of it, Union Budget for FY24 seems to focus on sectors and areas which will have overarching benefits. But is that so?

The capital investment outlay has been increased for the third year in a row by 33 per cent to INR 10 lakh crore, almost three times the outlay in 2019-20

The Union Budget 2023-24 takes into account the need to empower women and senior citizens

In order to meet India's net zero carbon emissions by 2070, India has been making strides towards reducing carbon emissions by promoting the use of electric and CNG mobility options, renewable sources of energy, etc

In order to further strengthen the Indian digital economy, FM Nirmala Sitharaman has announced a number of measures that will impact several arenas such as agriculture, finance, commerce, education, culture, justice and more

From 11 am today all eyes were on Union Finance Minister Nirmala Sitharaman who was presenting the last budget of the second term of Prime Minister Narendra Modi's government.

As per Sitharaman's words, the vision for Amrit Kaal includes a technology-driven and knowledge-based economy with strong public finances and a robust financial sector

In a major boost to the New Tax Regime, the Finance Minister Nirmala Sitharaman, in Union budget 2023, announced 5 major announcements related to the personal income tax, but all under the new regime structure.

Here is a look at what Union Budget 2023 (FY 2023-24), presented by Finance Minister Nirmala Sitharaman today in Parliament, has to offer to India's agriculture sector

The Survey said many Indian companies have been getting headquartered overseas, especially in destinations with favourable environments and taxation policies

There has been a persistent trend of overseas incorporation of Indian startups over the years. Overseas incorporation poses concerns for the Government,as there are long-term losses in various tax-revenues and very often results in foreign ownership of Intellectual Property which India's Startup ecosystem is creating

The current tax architecture may result in a loss of approximately INR 99.3 trillion of local exchange trade volume over the next four years according to a study by The Esya Centre

India's PE and VC industry stands to benefit from structural flexibility, fiscal neutrality, and operational adaptability

The hard stance maintained by the Reserve Bank of India (RBI) against digital assets, along with the recent FTX massacre, has caused a wave of uncertainty among Indian crypto investors and firms alike

Higher disposable incomes in the hands of consumers will give them the confidence to spend and invest for the future—personal tax reforms is a powerful tool to achieve this objective

Thus far, the government has undertaken many an initiative to bolster digitalization in the country, including the launch of Digital Rupee, DigiLocker, CoWIN and UPI, to name a few

The forthcoming Budget 2023 is expected to be yet another continuing link in the efforts to make this the India Decade