Union Budget to Boost Country’s Exports, Manufacturing: Govt
An official press release from the government said the Union Budget 2023-24 has a package of measures to boost exports and help accelerate the growth...
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Union Budget 2023: Govt to Levy Tax on Insurance Policies with Premium Above Rs 5 Lakh
Finance Minister Nirmala Sitharaman said on Wednesday that the government will now levy the tax on insurance policies issued on or after April 1, 2023,...
Adani Enterprise, Adani Green, HDFC, Maruti Suzuki, Insurance Companies are in Focus
Domestic stocks will likely remain on edge on Thursday as pessimism in Adani Group shares could overshadow positive global signals. At 7:30 am, the SGX...
Union Budget 2023: FM Announces New Investment Scheme for Women
Finance Minister Nirmala Sitharaman announced a one-time small savings scheme for women on February 1. The scheme will be called “Mahila Samman Savings Certificate” and...
Union Budget 2023: Divestment Target Sets at Rs 51,000 Crore in FY24
According to a budget paper released by the finance ministry, the government has set a target of Rs 51,000 crore through the divestment pathway for...
Union Budget 2023: Defence Stocks Tumble as Defence Sector Doesn’t Get Much Boost
Opposite to expectations, there were no significant announcements for the defence sector in the 2023-24 union budget. While the Ministry of Defence received the highest...
Union Budget 2023: 39,000 Compliances Reduced for Ease of Doing Business
To enhance the ease of doing business, over 39,000 compliances have been reduced, and over 3,400 legal provisions with criminal implications have been diluted, Finance...
Union Budget 2023: Ayushman Bharat Allocated Rs 7,200 Crore
Finance Minister Nirmala Sitharaman, in her Budget 2023-24, increased the allocation for Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to Rs 7,200 crore, while that...
Union Budget 2023: Key Changes in Income Tax Regime
Finance Minister Nirmala Sitharaman’s budget introduced several changes to income tax. The changes are “mainly for the hard-working middle class,” she said. Currently, those earning...
Union Budget 2023: FM Boosts Presumptive Taxation Scheme, Eligibility Threshold Limit Raised
To ease compliance and facilitate non-cash transactions, the finance minister has proposed raising the threshold limit for qualifying businesses for the presumptive tax scheme from...