BJP national president JP Nadda praised Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for delivering an inclusive, growth-oriented and visionary budget.
Bihar Industries Association president Arun Agarwal on Wednesday said that the income tax rebate announced by Finance Minister Nirmala Sitharaman is according to the expectations, however, there was no major announcement for Bihar which came as a disappointment.
Finance minister Nirmala Sitharaman, in her Budget for 2023-24 on Wednesday, announced that the government proposes to continue 50-year interest-free loans to state governments for one more year. and has significantly enhanced outlay to Rs 1.3 lakh crore.
Union Finance Minister Nirmala Sitharaman started her speech in the Parliament on Wednesday wherein she termed the Budget the "first budget in Amrit Kaal".
Speaking on the Personal Income Tax rebate in the new tax regime, Sinha said, "Middle class will benefit most from this year's budget. Consumption will increase due to this move and the economy will further boost."
Finance Minister Nirmala Sitharaman on Wednesday while addressing the Lok Sabha during the Budget Session proposed to launch an App in which all the relevant aspects of the tourist destination would be made available, in addition to aspects such as physical connectivity, virtual connectivity
Union Finance Minister Nirmala Sitharaman, during the Budget session today, announced an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 lakh stating that the new tax regime will now be the default tax regime.
In her Budget speech, finance minister Nirmala Sitharaman announced an agriculture accelerator fund, which will be set up to encourage agri startups by young entrepreneurs in rural areas.
Union Finance Minister Nirmala Sitharaman, during her budget speech in Parliament, said that the central government aims to eliminate Sickle Cell Anemia by 2047, and a mission will soon be launched in this regard.
Congress General Secretary KC Venugopal launched an attack on the Union Budget presented by Union Finance Minister Nirmala Sitharaman on Wednesday and said the government is not addressing the serious economic conditions in the country including the common man's plight.
In her Budget speech finance minister Nirmala Sitharaman also proposed to change the tax structure in this regime by reducing the number of slabs to 5 and increasing the tax exemption limit to Rs 3 lakh.