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Union Budget

  • Economy

    Zero Income Tax for those earning up to Rs 7 lakh, 25% cut for others as Budget brings relief

    by IN Bureau February 1, 2023
    by IN Bureau February 1, 2023

    In  a massive concession to the “hard working” middle class, Finance Minister Nirmala Sitharaman today slashed the income tax on various slabs by as much as 25% and raised the …

  • Economy

    Union Budget hikes outlay for big infra projects by 33% to Rs 10 lakh crore: Big numbers at a glance

    by IN Bureau February 1, 2023
    by IN Bureau February 1, 2023

    ·       Capital investment outlay for infrastructure projects to be raised by a whopping 33% to ₹ 10 lakh crore, will go up to 3.3% of GDP in 2024 ·       ₹ 2.4 lakh crore For railways, …

  • Economy

    Finance Minister Nirmala Sitharaman to present last full Union Budget before Lok Sabha polls today

    by IN Bureau February 1, 2023
    by IN Bureau February 1, 2023

    Union Budget 2023-24, which will be the last full Budget before the 2024 general elections, will be presented by Finance Minister Nirmala Sitharaman today. The Finance Minister on Wednesday morning …

  • Economy

    World’s eyes on India’s budget amid global uncertainty, says PM Modi

    by IN Bureau January 31, 2023
    by IN Bureau January 31, 2023

    Prime Minister Narendra Modi on Tuesday said that India’s Budget to be presented tomorrow will attempt to meet the hopes and aspirations of the country’s common citizens amid the unstable …

  • Economy

    Why India’s Economic Survey and Budget this year will be key for South Asia and world

    by Mahua Venkatesh January 30, 2023
    by Mahua Venkatesh January 30, 2023

    South Asian countries especially Bangladesh and Nepal will be closely monitoring India’s Economic Survey and the Union Budget this year as the fine prints will directly have a bearing on …

  • Economy

    Sitharaman holds customary “halwa” ceremony as part of budget preparations

    by IN Bureau January 26, 2023
    by IN Bureau January 26, 2023

    Finance Minister Nirmala Sitharaman along with her ministers of state Bhagwat Karad and Pankaj Chaudhary, other senior finance ministry officials and members of budget press held the customary ‘halwa’ ceremony …

  • Economy

    Last full Budget before polls is expected to boost investments, create jobs

    by Mahua Venkatesh January 24, 2023
    by Mahua Venkatesh January 24, 2023

    This year’s Union Budget to be presented by Finance Minister Nirmala Sitharaman in less than two weeks — the last full budget before the General Elections next year, is expected …

  • Economy

    Union Budget likely to hike outlay for boosting farm production

    by Mahua Venkatesh January 22, 2023
    by Mahua Venkatesh January 22, 2023

    With food security now becoming a core issue amid the ongoing Russia-Ukraine war and climate change, the Narendra Modi government is looking at multiple measures to boost farm productivity to …

  • Economy

    Union Budget likely to ease duty on key inputs to boost manufacturing

    by Mahua Venkatesh January 18, 2023
    by Mahua Venkatesh January 18, 2023

    The Union Budget 2023-24 is expected to initiate fresh measures to boost the local supply chain network as India has aggressively set out to position itself as a global manufacturing …

  • Economy

    Union Budget to go for growth with jobs

    by Mahua Venkatesh January 3, 2023
    by Mahua Venkatesh January 3, 2023

    Expect this year’s Union Budget — to be presented by Finance Minister Nirmala Sitharaman in less than a month — to be a growth oriented one with a focus on …

  • Economy

    Cash starved Pakistan spends big on military despite financial meltdown

    by Mahua Venkatesh June 12, 2022
    by Mahua Venkatesh June 12, 2022

    <p> <strong>Cash starved Pakistan, which is negotiating with the International Monetary Fund for a bailout package, has increased its defence budget by 11 cent for financial year 2022-23, against the …

  • Economy

    Union Budget 2022 reflects India’s commitment to a green future, says PM Modi

    by IN Bureau February 5, 2022
    by IN Bureau February 5, 2022

    <p> Prime Minister Narendra Modi said on Saturday that climate action was given more importance in the union budget 2022 and it reflects the country’s commitment towards a green future.</p> …

  • Economy

    Despite limited fiscal space, India’s Neighbourhood First policy reflected in budget allocation

    by IN Bureau February 3, 2022
    by IN Bureau February 3, 2022

    <p> <strong>India’s focus on Neigbourhood First has got a boost as Finance Minister Nirmala Sitharaman in her fourth Union Budget earmarked Rs 300 crore towards financial assistance to Bangladesh in …

  • Economy

    Increase in defence budget will support India’s border security and Indo-Pacific ambitions: US India Business Council

    by IN Bureau February 2, 2022
    by IN Bureau February 2, 2022

    <p> <strong>Washington-based US India Business Council (USIBC), a premiere business advocacy group focused on strengthening commercial ties and promoting investment in the US-India corridor, has lauded the initiatives announced by …

  • Economy

    Budget 2022 jacks up spending on infrastructure projects by 35.4% in big push for growth & jobs

    by IN Bureau February 1, 2022
    by IN Bureau February 1, 2022

    <p> <strong>Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Union Budget for 2022-23 with a massive outlay for big ticket infrastructure projects to boost economic growth …

  • Economy

    Govt plans to introduce e-passports for Indian citizens

    by IN Bureau February 1, 2022
    by IN Bureau February 1, 2022

    <p> Finance Minister Nirmala Sitharaman on Tuesday announced that e-passports would be rolled out in 2022-23 for more convenience to the public.</p> <p> The e-passports will use embedded chips and …

  • Economy

    Delhi replaces Bengaluru as India’s startup capital

    by IN Bureau January 31, 2022
    by IN Bureau January 31, 2022

    <p> Delhi has replaced Bengaluru as the startup capital of India, according to the Economic Survey 2021-22 tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday.</p> <p> The survey …

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