Page 6 of Union Budget

Union Budget announces plans for GIFT City: Here’s all you need to know

As one of the measures to ensure a growth spurt of the City, Sitharaman announced, “For countries looking for digital…

February 1, 2023 18:36 IST

union budget, budget 2023, personal tax, income tax regime, new tax regime, incentives, compliance, taxation, customs duties, capital investment, MSMEs, digital economy, fintech sector

New tax regime not to compel people to move from old tax regime, but has greater advantage, says FM Sitharaman

“The new tax regime that we brought 2-3 years ago, has now got greater incentives and attractions so that people…

February 1, 2023 17:23 IST

Nifty, Sensex, share market, Budget 2023

Share market unimpressed with Budget 2023, eyes US Fed meet for cues; what should investors do?

Nifty, Sensex give up intraday gains to end mixed on Budget 2023 day. Share market eyes US FOMC meeting outcome…

February 1, 2023 16:19 IST

Budget 2023, union budget, income tax act

This Budget 2023 proposal may negatively impact funding of India Inc

Budget 2023 proposes that each foreign investment in an unlisted company will need to be justified for fair value. This…

February 1, 2023 15:45 IST

Union Budget, Budget 2023, startups, tax benefit, carry forward, income tax, entrepreneurial growth, tax holiday, SISFS, PAN

Budget 2023’s major tax benefit for startups; loss carry forward benefit extended

Sitharaman extended the benefit of carry forward of losses from the current 7 years to 10 years from the date…

February 1, 2023 13:41 IST

Budget 2023, Union Budget, Finance Minister

Budget 2023: Huge Capex to create great multiplier effect for economy; big boosts to ‘Make in India’

Budget 2023: FM scored in both the economic expansion line, as well as, relieving common man with higher personal disposable…

February 1, 2023 13:32 IST

Gold price soars 1% as Union Budget 2023 raises gold custom duty; no capital gains on gold to e-gold conversion

The Finance Minister also added that conversion of gold to e-gold would not be liable for any capital gains. On…

February 1, 2023 13:26 IST

Tax cut on mobile phones, TVs: Budget 2023 eases indirect taxes, slashes customs, excise to push manufacturing

FM Nirmala Sitharaman in Budget 2023 proposed basic customs, excise duty cuts on a range of products including mobile phone…

February 1, 2023 12:21 IST

Budget 2023: FM announces effective capex of Rs 13.7 lakh crore, 4.5% of GDP for FY24

Finance Minister Nirmala Sitharaman announces capital investment outlay of Rs 10 lakh crore for FY24 in Budget 2023.

Updated: February 1, 2023 12:10 IST

Union Budget, Budget 2023, green growth, finance minister, Nirmala Sitharaman, Atmanirbhar Clean Plant Programme, green farming, carbon impact

Budget 2023: FM Sitharaman’s green growth push; to launch Atmanirbhar Clean Plant Programme at Rs 2,200 crore

“The government will launch the Atmanirbhar Clean Plant Programme to improve availability of disease-free quality planting material for high-value horticultural…

February 1, 2023 11:42 IST

7 Priorities of Union Budget 2023: FM Sitharaman’s push for development for all, using youth power

Finance Minister Nirmala Sitharaman Lists 7 priorities of Budget 2023, ranging from inclusive development, to harnessing the power of the…

February 1, 2023 11:35 IST

Budget 2023, Indian economy, Budget speech

World regards Indian economy as bright star, says FM Sitharaman in Amrit Kaal’s first Budget speech

India is poised to grow at 7% in the financial year 2022-23, fastest among all major economies of the world,…

Updated: February 1, 2023 12:51 IST

logistics, supply chain, Union Budget, Budget 2023, ULIP, National logistics policy, ESG, infrastructure, funds, EV, sustainability, digitization, public procurement policies, GDP target, Nirmala Sitharaman, finance minister, India Post, railways

Budget 2023: Logistics sector hopes for more incentives towards NLP, focus on digitisation, ESG infrastructure

The logistics industry is hoping the Budget to allocate more funds to initiatives like NLP and to propose measures to…

February 1, 2023 10:03 IST

Stock Market, Budget 2023, Share market on budget day, market history

Sensex, Nifty react cautiously to Budget 2023; How stock market has performed on budget days in past?

On Budget day market mood remained extremely volatile with BSE Sensex skyrocketing over 1100 pts in the intraday trade and…

Updated: February 1, 2023 18:07 IST

Union Budget, Budget 2023, Hindenburg, Gautam Adani, Adani Group, fiscal prudence, spending plan, economic growth, GDP

India Budget to target growth, smaller fiscal gap amid Adani woes

Finance Minister Nirmala Sitharaman is expected to report a spending plan of more than $544 billion in the financial year…

February 1, 2023 08:50 IST

Budget 2023 expectations: Strengthening the startup ecosystem

A lot more can be done to build the startup ecosystem and realise the vision of a five trillion-dollar economy…

February 1, 2023 06:00 IST

Tax policy roadmap towards new India

Per the World Bank Report of 2020, India ranked 63rd in a global ranking among 190 countries, in the category…

February 1, 2023 05:30 IST

Budget 2023: Hospitality sector eagerly awaits grant of this long-term request

“Industry status is a long-standing demand of the sector. Granting this much-awaited request in the upcoming Budget will help in…

February 1, 2023 05:00 IST

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Sona Comstar partners with NEURA Robotics to develop humanoid and industrial robots

Business22 min ago

Sona Comstar, a global mobility technology company, has signed an MoU with NEURA Robotics GmbH to jointly develop advanced technologies and promote “Made in India” products. The collaboration aims to expand Sona Comstar’s automation solutions and expertise in EPIC mobility and electric powertrains beyond the automotive sector.

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