The EAM 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.
Expressing his gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, Dharmendra Pradhan said that the budget boosts education, skill development, entrepreneurship, R&D, digital infrastructure, green growth and job creation.
Terming Union Budget 2023-24 as the budget of "new India", Union Minister of State for Electronics and IT Rajeev Chandrasekhar on Wednesday said that it will take India into 'Amrit Kaal as a modern infrastructure ready nation.
Describing micro, small and medium enterprises (MSMEs) as growth engines of our economy, Nirmala Sitharaman's Budget proposes enhanced limits for micro-enterprises and certain professionals for availing the benefit of presumptive taxation.
The Finance Minister also mentioned that Prime Minister Narendra Modi has given a vision for "LiFE", or Lifestyle for Environment, to spur a movement of environmentally-conscious lifestyle.
Finance Minister Nirmala Sitharaman presented the Union Budget 2023 today in Lok Sabha. This was the third time in a row that the government presented the budget in a paperless form.
Union Minister Rajeev Chandrasekhar slammed the opposition for criticizing the Union Budget presented on Wednesday by Finance Minister Nirmala Sitharaman and said the opposition has been wrong nine times in nine years of the Modi government while the country is marching ahead with or with
Subsidies on fertiliser and food for 2023-24 (April-March) have been reduced by 22 per cent and 31 per cent each in comparison to the revised budget estimates for the current financial year ending March 2023.
Finance Minister Nirmala Sitharaman declared five major announcements in the new tax regime including 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.
Finance Minister Nirmala Sitharaman presented the Union Budget 2023 today in Lok Sabha. This was the third time in a row that the government presented the budget in a paperless form.