Budget 2023 Archives - Page 2 Of 4

Budget 2023 | By waiving off tax on FRP, Modi govt. has given massive boost for Maharashtra’s sugarcane industry, says Fadnavis

1 February 2023 by Admin

Maharashtra Deputy Chief Minister Devendra Fadnavis watches the live telecast of Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on February 01, 2023. Photo: Twitter/@Dev_Fadnavis Stating that the Budget presented by Union Finance Minister Nirmala Sitharaman would give a massive boost for Maharashtra’s sugarcane industry, Deputy Chief Minister and State Finance Minister Devendra Fadnavis … Read more

Budget 2023 | Finance Minister pitches for 100% switch to mechanised sewer cleaning in all cities and towns

1 February 2023 by Admin

File picture of a manual scavenger at work. Image for representation | Photo Credit: PTI Coming in with a nearly ₹100 crore allocation in this year’s Budget for the newly christened NAMASTE (National Action Plan for Mechanised Sanitation Ecosystem) scheme, Finance Minister Nirmala Sitharaman on Wednesday said that the Union government is looking to enable … Read more

Budget 2023: Direct, indirect taxes comprise 58 paise of every rupee in govt coffer

1 February 2023 by Admin

For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 34 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment and 2 paise from non-debt capital receipts, according to the Budget documents for 2023-24. As per the Union Budget presented in Parliament by Finance Minister … Read more

Budget 2023 | ₹5.94 lakh crore allocated to Defence Ministry

1 February 2023 by Admin

Image for representational purpose only. | Photo Credit: The Hindu The defence budget was increased to ₹5.94 lakh crore for 2023-24 from last year’s allocation of ₹5.25 lakh crore. In the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman on February 1, a total of ₹ 1.62 lakh crore has been set aside … Read more

Revival of consumer demand will be the big takeaway of this Budget: Nilesh Shah

1 February 2023 by Admin

“This is not about setting up physical infrastructure. It is about setting up intellectual infrastructure for the future. This is making India a much more stronger and a modern economy. And this I think is the big takeaway of this budget,” says Nilesh Shah, MD & CEO, Envision CapitalFinally, breathing a sigh of relief.This is … Read more

Provided free foodgrains to 80 crore poor people, no one went hungry during pandemic: Finance Minister Sitharaman

1 February 2023 by Admin

Indian Finance Minister Nirmala Sitharaman | Photo Credit: AP The government ensured that no one went hungry during the pandemic by providing free foodgrains to 80 crore poor people, Finance Minister Nirmala Sitharaman said on February 1. Also Read | Union Budget 2023-24 live updates In times of global challenges, G-20 presidency gives an opportunity … Read more

Budget will continue to focus on capex and manufacturing: Ravi Dharamshi

1 February 2023 by Admin

“Infrastructure, not from investment point of view, but I think India’s infrastructure is definitely improving. You cannot but be optimist about it,” says Ravi Dharamshi, ValueQuest Investment Advisors.What is the best way to play the Budget theme if at all or would you say leave the Budget aside, look at what your long-term portfolio is … Read more

Economic Survey 2022-23 | Growth dips, public investment stagnant in agriculture sector

1 February 2023 by Admin

Farmers ride on a cart loaded with grass in a village on the outskirts of Jalandhar, Punjab on January 31, 2023. According the Economic Survey, the performance of the agriculture and allied sector had been buoyant over the past several years due to the measures taken by Centre to augment crop and livestock productivity | … Read more

View: Resilient India can brave global headwinds

1 February 2023 by Admin

The Economic Survey 2022-23 is a conservative, low-key document with no great rhetorical or policy flourishes. Such Surveys are not reliable indicators of the budget to follow. But one can hazard a guess that Wednesday’s budget will also be fiscally prudent and conservative. The Survey projects GDP growth in the current fiscal year at 7%, … Read more

If I were FM: Dr Vikas Gupta highlights 7 suggestions for Budget 2023 to boost growth & digital transformation

28 January 2023 by Admin

(As part of a Budget special series by ETMarkets.com, we reached out to money managers seeking their perspective on Budget 2023 with a simple question: What if I were the Finance Minister of India) Amrit Kaal Vision:The foremost thing to keep in mind as the FM would be the Amrit Kaal Vision of becoming a … Read more