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Union Budget

Budget 2024: Briefcase to Bahi Khata – A Modern Evolution of India's Budget Tradition

Budget 2024: Briefcase to Bahi Khata – A Modern Evolution of India's Budget Tradition

Thu, Jan 25, 2024

Budget 2024: The grand tradition of carrying a red briefcase to every Union Budget presentation underwent a modern yet Indian transformation under Narendra Modi government. For years, finance ministers in India walked into the parliament with a briefcase before the annual Budget presentation. All that changed in 2019, when Finance Minister Nirmala Sitharaman replaced the Budget briefcase for a digital bahi khata.

Budget 2024: Market Valuations Are Full; It Would Be Volatile Journey Ahead

Budget 2024: Market Valuations Are Full; It Would Be Volatile Journey Ahead

Fri, Jan 19, 2024

Budget 2024: In an exclusive interview with Zee Business, Sneha Poddar, AVP, Retail Research, Broking, and Distribution at Motilal Oswal Financial Services (MOFSL) shares her expectations from the Union Budget, the market outlook for 2024, and how one should navigate the market in the election year.

Budget Aur Bazaar: Investing Wisely in 2024 - Tips from Market Expert Mehraboon Irani

Budget Aur Bazaar: Investing Wisely in 2024 - Tips from Market Expert Mehraboon Irani

Tue, Jan 16, 2024

Budget and Market During this year, 'wild' rise in budget 2024 is possible... Investors need to be cautious at the upper level: Mehboon Irani, Market Expert

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Pro-poor and for common man: Finance Minister explains Budget 2023 focusses on job creation, small business and gives income tax relief

Pro-poor and for common man: Finance Minister explains Budget 2023 focusses on job creation, small business and gives income tax relief

Fri, Feb 10, 2023

Budget 2023: Finance Minister Nirmala Sitharaman defended this year's Union Budget presented by her on February 1 as being pro-poor and for the common man.

Foreign investors register worst outflow in 7 months at Rs 28,852 cr in January 2023 – what lead his drag?

Foreign investors register worst outflow in 7 months at Rs 28,852 cr in January 2023 – what lead his drag?

Sun, Feb 05, 2023

FPI flows are expected to remain volatile as Indian equities continued their large underperformance compared to global markets, Shrikant Chouhan, Head of Equity Research(Retail), Kotak Securities, said.

Budget 2023: Electronic components industry body demands extension of duty concession on camera lens to other segments

Budget 2023: Electronic components industry body demands extension of duty concession on camera lens to other segments

Thu, Feb 02, 2023

Budget 2023: The finance minister also announced a reduction of customs duty on parts of open cells of TV panels to 2.5 per cent from 5 per cent earlier.

Union Budget 2023: CBDT and CBIC chairman on Income Tax Slabs and GST collection

Union Budget 2023: CBDT and CBIC chairman on Income Tax Slabs and GST collection

Thu, Feb 02, 2023

Nitin Gupta, Chairperson, CBDT and Vivek Johri Chairman, CBIC talks about the changes in the tax slabs, how the restructuring of tax regimes can benefit the masses, and the impact of inflation on GST collection.

Budget proposes 30% TDS on net winnings in online games, removes threshold for TDS levy

Budget proposes 30% TDS on net winnings in online games, removes threshold for TDS levy

Wed, Feb 01, 2023

The Budget 2023-24 proposed to introduce two new provisions for TDS on online gaming -- levy of 30 per cent on payment of net winnings in a financial year and removal of the current Rs 10,000 threshold for the levy of TDS.

Budget announces host of measures to enhance business in IFSC

Budget announces host of measures to enhance business in IFSC

Wed, Feb 01, 2023

IFSCA was established in April last year under the International Financial Services Centres Authority Act, 2019. It is headquartered at GIFT City, Gandhinagar.

Corp Affairs Ministry gets Rs 756 crore budgetary allocation

Corp Affairs Ministry gets Rs 756 crore budgetary allocation

Wed, Feb 01, 2023

In 2022-23, the total allocation was initially at Rs 733.02 crore, and the same was sharply revised to Rs 630.36 crore, according to the Union Budget 2023-24 presented in Parliament on Wednesday.

Budget 2023: Rs 1.23 lakh crore allocated for postal, telecom projects

Budget 2023: Rs 1.23 lakh crore allocated for postal, telecom projects

Wed, Feb 01, 2023

Total allocation includes Rs 97,579.05 crore for the Department of Telecom and Rs 25,814 crore for Postal projects, the Budget document presented by Finance Minister Nirmala Sitharaman said on Wednesday.

No separate mention of disinvestment proceeds in Budget 2023-24

No separate mention of disinvestment proceeds in Budget 2023-24

Wed, Feb 01, 2023

As per the 2023-24 Budget document, the revised estimate for miscellaneous capital receipts for the current fiscal has been pegged at Rs 60,000 crore, lower than the Rs 65,000 crore projected in Budget estimates for 2022-23.

Budget 2023 with vision puts India on the path to be a world champ: India Inc leaders

Budget 2023 with vision puts India on the path to be a world champ: India Inc leaders

Wed, Feb 01, 2023

"Budget with vision, structure, discipline. Immediate benefits to all individual earners. Continues measured path of fiscal consolidation," said Uday Kotak, CEO of Kotak Mahindra Bank.

Budget 2023: Fully imported cars, including EVs, to cost more

Budget 2023: Fully imported cars, including EVs, to cost more

Wed, Feb 01, 2023

Customs duty on vehicles in completely built units (CBUs) costing less than USD 40,000 or with engine capacity less than 3,000 cc for petrol-run vehicles and less than 2,500 cc for diesel-run vehicles has been raised from 60 per cent to 70 per cent, as per the Budget document.

Budget 2023: Food, fertiliser, petroleum subsidies up 17% to Rs 5.21 lakh crore this fiscal; to fall 28% in FY24

Budget 2023: Food, fertiliser, petroleum subsidies up 17% to Rs 5.21 lakh crore this fiscal; to fall 28% in FY24

Wed, Feb 01, 2023

According to the Budget document, the government has pegged total subsidies on food, fertilisers and petroleum at Rs 5,21,584.71 crore in its revised estimate (RE) for 2022-23, as against the actual budget of Rs 4,46,149.24 crore in last fiscal year.

Union Budget: Download Budget 2023-24 PDF Document - Step-by-step guide

Union Budget: Download Budget 2023-24 PDF Document - Step-by-step guide

Wed, Feb 01, 2023

Download Budget 2023-24 PDF Document: Post the budget presentation, the full text of the speech is now available for the general public. Anyone can download the PDF version of the speech by visiting the official website - www.indiabudget.gov.in.

Union Budget 2023-2024: Read full text of FM Nirmala Sitharaman speech here

Union Budget 2023-2024: Read full text of FM Nirmala Sitharaman speech here

Wed, Feb 01, 2023

Hon’ble Speaker, I present the Budget for 2023-24. This is the first Budget in Amrit Kaal. Introduction

Budget: Govt to cut import duty on raw material for lab-grown diamonds

Budget: Govt to cut import duty on raw material for lab-grown diamonds

Wed, Feb 01, 2023

In her budget speech, Finance Minister Nirmala Sitharaman said that India is a global leader in the cutting and polishing of natural diamonds, contributing about three-fourths of the global turnover by value.

Budget 2023: India to set up 100 5G labs to develop new apps, services

Budget 2023: India to set up 100 5G labs to develop new apps, services

Wed, Feb 01, 2023

According to Prabhu Ram, Head-Industry Intelligence Group, CMR, the proposal to set-up 100 labs for developing 5G applications at Indian engineering institutions "is a step in the right direction to realize new opportunities that 5G posits, and develop India-specific 5G use cases for education, healthcare and agriculture, among others".

Budget 2023: Sebi to be empowered to enforce norms, standards for education at NISM

Budget 2023: Sebi to be empowered to enforce norms, standards for education at NISM

Wed, Feb 01, 2023

FM Nirmala Sitharaman said, "Sebi will be empowered to develop, regulate, maintain and enforce norms and standards for education in the National Institute of Securities Markets and to recognize award of degrees, diplomas and certificates".

Budget 2023: Infrastructure development capex hiked by 33% to Rs 10 lakh crore

Budget 2023: Infrastructure development capex hiked by 33% to Rs 10 lakh crore

Wed, Feb 01, 2023

Presenting the Budget for 2023-24, Finance Minister Nirmala Sitharaman said the newly established infrastructure finance secretariat will assist in attracting more private investment.

Budget 2023: Pradhan Mantri Aawas Yojana outlay hiked by 66% to Rs 79,000 crore

Budget 2023: Pradhan Mantri Aawas Yojana outlay hiked by 66% to Rs 79,000 crore

Wed, Feb 01, 2023

"We expect to make available Rs 10,000 crore per annum for the urban infra development fund," Sitharaman informed in the course of her speech.

Budget 2023: FY24 fiscal deficit target at 5.9%, says FM Nirmala Sitharaman

Budget 2023: FY24 fiscal deficit target at 5.9%, says FM Nirmala Sitharaman

Wed, Feb 01, 2023

Budget 2023: Union Finance Minister Nirmala Sitharaman said that 50-year interest-free loans to state governments have to be spent on capital expenditure within 2023-24.

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