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."
Confederation of Indian Industry president Sanjiv Bajaj on Wednesday welcomed the Union Budget for the financial year 2023-24 by saying that this will have a multiplier effect on the economy.
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
Prime Minister Narendra Modi on Wednesday hailed the last full Union Budget of this term of his government and said that it would lay a strong foundation for building a developed India.
Mayawati said that the presented budget has been very much similar to the ones presented in the last nine years with huge promises and announcements being showered on the common citizens.
Looking to acquire major weapon systems including fighter aircraft, submarines and tanks, the defence services today got a hike of around 13 per cent in their budget for 2023-24 as Rs 5.94 lakh crore were allocated to them from the Rs 5.25 lakh crore given last year.
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.