Budget 2023: Initiatives have been undertaken such as easy access to funds and tax deductions will put smaller firms in a stronger place to prosper and then become internationally competitive.
Monetising the assets of railways is going to be one of the main agenda items in the upcoming Union Budget for 2023-2024.
With the Union Budget 2023 set to be announced, the education sector is eagerly awaiting announcements on investment in skill development, digitization, and internationalisation of higher education.
Union Budget 2023: What are the Budget expectations of EV sector? Know every detail here
Union Budget पेश होने वाला है। सभी की निगाहें टिकी हैं कि इस बार बजट में क्या मिलने वाला है। लेकिन हम आपको देश के बजट की कुछ ऐसी बातें बताने जा रहे हैं जो निश्चित तौर पर आप नहीं जानते होंगे।
India’s tax regime mainly categorizes tax into types – Direct Tax and Indirect Tax. The difference between the two is based on the point of incidence.
Budget 2023: Since the govt has confined financial capacity to just go completely off the rails with spending, it intends to give established production-linked incentive (PLI) schemes a significant allocation uplift.
Budget 2023: The government has already launched the PLI scheme with an investment of around Rs 2 lakh crore for as many as 14 sectors.
The new Parliament building does not have a Central Hall similar to the present one where joint sittings of both houses are held. However, the Lok Sabha has enough capacity to accommodate members from both Lower and Upper Houses.
Former Finance Minister Morarji Desai has presented the most number of budgets in India's history. The other notable finance ministers such as P. Chidambaram, Yashwant Sinha, and the current finance minister Nirmala Sitharaman, have also presented multiple budgets in India's history.
If a resident's annual total income exceeds the basic exemption limit, an ITR must be filed in accordance with income tax laws.
Core inflation is the portion of overall inflation that excludes food and oil. Since, food costs have decreased, which is generally what happens in the winter, Rajan argued that the problem with inflation is disinflation.
Union Budget 2023: Women have a lot of expectations from Finance Minister Nirmala Sitharaman. Inflation has hit the kitchen the most.
The budget is going to be presented soon. How the budget is prepared, this question will definitely be in your mind. Know here.
The Indian edtech sector is demanding tax exemptions and increased allocation for research and development in the upcoming Union Budget 2023.
As the Union Government prepares to present the annual budget, the cost of items such as fuel, gold, and luxury items are likely to see an increase in price.
Budget Expectations 2023: It is critical for the country's success to attract and incentivize entrepreneurs and investors to participate in and drive growth in these new-age industries.
As the government prepares to release the 2023 budget, tax experts are expecting measures to boost economic growth and support small and medium-sized businesses, simplification of the tax code, measures to increase compliance and reduce tax evasion.
In the final full budget before the 2024 general elections, the central government may make a few minor adjustments to the new income tax system.
The revenue budget is the most important component of the government budget. It includes all the revenue that the government expects to collect during the fiscal year, such as taxes and non-tax revenue.
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