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.
Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman Wednesday, Union Finance Minister Nirmala Sitharaman pegged the fiscal deficit target for 2023-24 at 5.9 per cent of GDP.
In her budget speech, she said that the Centre will recruit 38,000 teachers and support staff for the 740 model Eklavya Model Residential Schools serving 3.4 lakh tribal students.
During the Union Budget speech in the House, Union Finance Minister Nirmala Sitharaman on Wednesday announced that 50 additional airports, helipads, water aero drones, and advanced landing grounds will be revived to improve regional air connectivity in the country.