The Finance Minister announced that an Entity DigiLocker will be set up for use by MSMEs, large business and charitable trusts for storing and sharing documents online securely, whenever needed, with various authorities, regulators, banks and other business entities.
Union Finance Minister Nirmala Sitharaman started her speech in the Parliament on Wednesday wherein she termed the Budget the "first budget in Amrit Kaal".
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.
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.
Pratik Sonawane's strong finish ensured that he sealed his maiden National Championship with 122 points and five podiums in total out of the eight races. Bakhru with four podiums sealed second in the Championship with 108 points just 1 point ahead of Anwar with 107 points.
The Budget session started on a high note after slogans of 'Modi-Modi' and 'Jodo Jodo Bharat Jodo' were echoed in the parliament building on Wednesday during the Union Finance Minister Nirmala Sitharaman's Budget speech.
These seven priorities are inclusive development, reaching the last mile, Infra and investment, unleashing the potential, green growth, youth power and financial sector.
Known for her love for Indian textiles, Finance Minister Nirmala Sitharaman arrived in the Parliament for the Union Budget presentation wearing a traditional temple border saree.
Union Finance Minister Nirmala Sitharaman will present the Union Budget for 2023-24 with a digital device instead of the traditional 'bahi-khata' in her hands.
This year's Budget presentation holds significance as it is Prime Minister Narendra Modi's government's last full budget before the next parliamentary elections in 2024, slated for April-May 2024.