The domestic automotive sector has significant potential for growth, driven by multiple factors. However, the sector is facing challenges and the government's support and policies will be crucial in addressing these challenges and driving further growth of the sector.
The growth of the real estate sector creates myriad opportunities like creating employment, improving the lifestyle of the people, attracting foreign investments, etc. The sector painted a positive picture in 2022, showing signs of revival in spite of the pandemic.
Defence stocks will be under the limelight in the run-up to Budget 2023, with promises of increasing investment in local manufacturing.
Budget 2023: Core educational services are currently exempt from GST, but Edtech products like online classes and courses are subject to the 18% GST threshold.
Budget 2023: Inflation is one of the major economic problems that needs immediate attention before things go south for India. People are expecting the government to take some measures in the upcoming budget to curtail the inflation numbers down to a bearable extent.
Union Budget 2023 is a crucial opportunity to boost job creation in India by addressing the challenges faced by the MSME sector. The Union budget can target job creation in the MSME sector through financing, infrastructure, and formalization.
The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held in North Block, today afternoon, in the presence of Union Finance & Corporate Affairs Minister Nirmala Sitharaman and Union Ministers of State for Finance Shri Pankaj Chaudhary.
Budget 2023: The finance ministry is looking into proposals sent by various government departments on specific steps which may be announced in the Budget, benefitting a large section of the middle class.
Budget 2023: The promotion of new technologies, particularly those aimed at combating climate change, need to be the primary focus of the Union Budget 2023. New technologies have the potential to boost farmers' profitability as well as productivity.
Budget 2023: People across industries are expecting changes in the tax regime as the Finance Minister Nirmala Sitharaman would be presenting the upcoming union budget before parliament on February 1.
With the upcoming Union Budget 2023-24, the timing has been ideal for the government to introduce relevant policy measures to boost the Indian Fintech sector.
It is anticipated that the budget allocation will rise by 10 to 15 per cent in order to boost domestic defence equipment manufacture. Increased spending in the defence industry will aid businesses in its "Make in India" campaign.
The real estate sector in India is one of the highest contributing sectors and the second-largest employment generator after agriculture.
The adoption of electric vehicles (EVs) in India is growing, but the need for charging infrastructure hinders its progress. This is leading to calls for increased investment in charging stations and infrastructure to support the growing EV market in India.
The proposed 2023 budget prioritizes investing in agriculture for a sustainable future. Funds will likely be allocated for modernizing infrastructure, implementing new technologies and promoting sustainable practices.
Union Budget 2023: Provide tax sops on R&D expenditure, CropLife India urges government finance minister sitharaman
Private consumption, a key driver of economic growth, will be a key factor to watch in the upcoming union budget.
The Union Finance Minister, Nirmala Sitharaman, will present the fifth Rail Budget on February 1st, and the people have high expectations for it.
Budget 2023: The Budget document can be used as a reference tool for the primary budgeted goals for the upcoming fiscal year.
The country's annual economic development and short- and medium-term economic prospects are outlined in the Economic Survey.
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