Budget 2022-23
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Centre's Fiscal Deficit Narrows To 6.4% Of GDP In FY23
The Centre's fiscal deficit narrowed to 6.4 per cent of the GDP in 2022-23 from 6.71 per cent in FY22, as anticipated by Finance Minister Nirmala Sitharaman in her Budget in February this year.
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Net Direct Tax Collections Grow 18% To Rs 16.61 Lakh Crore In 2022-23
Net direct tax collections rose by 18 per cent to Rs 16.61 lakh crore in the 2022-23 fiscal, exceeding the revised estimates (RE).
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Bihar Has Spent 99% Of Total Estimated Budget In 2022-23: State Finance Minister
Bihar Finance minister Vijay Kumar Choudhary claimed that the state government has spent Rs 2,35,000 crore, which is 99 per cent of the total estimated budget of Rs 2,37,691 in 2022-23.
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Lok Sabha Passes Rs 1.48 Lakh Crore Supplementary Grants For FY-2023
Lok Sabha on Tuesday gave its approval to the central government to spend an additional Rs 1.48 lakh crore during the current financial year 2022-23, amid uproar by Opposition parties on the Adani issue.
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Delhi Economic Survey: Tax Collection Rises 36%, Per Capita Income Up 14.18%
The per capita income of Delhi rose by 14.18 per cent to Rs 4,44,768 in 2022-23 at current prices compared to Rs 3,89,529 in 2021-22, according to the Delhi's Economic Survey tabled in the assembly on Monday.
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P Chidambaram's Swipe At Budget 2023, "7% Economic Growth Not Possible"
Notably, according to the Economic Survey 2022-23, the economy is expected to grow at 7 per cent in real terms for the year ending March 2023. This follows an 8.7 per cent growth in the previous financial year.
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Ashok Gehlot To Present Rajasthan Budget Tomorrow
Rajasthan Chief Minister Ashok Gehlot will present the State Budget 2023-24 in the assembly on Friday.
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Union Budget 2023-24 Expectations: Crypto Sector Looks Forward to Tax Deduction
The Union Budget 2023-24 will be tabled by Finance Minister Nirmala Sitharaman in the Indian Parliament today at 11 am. Just like various other sectors, the crypto market is also expecting some favourable announcements for its growth in India in the coming financial year. From tax regimes that can help the demand for cryptos to a regulatory framewo...
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Cryptocurrencies Don't Pass Test Of Being Financial Asset: Economic Survey
Cryptocurrencies have no intrinsic cashflows to them and the latest collapse of the crypto exchange FTX exposes the vulnerabilities in such investments, the Economic Survey document for 2022-23 tabled on Tuesday said.
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Indian Firms Raised Rs 5.06 Trillion In 8 Months: Economic Survey
Indian companies mobilised Rs 5.06 lakh crore through the equity and debt routes during April-November 2022, a drop of 8.5 per cent from the year-ago period, the Economic Survey 2022-23 said on Tuesday.
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Budget Session Day 1: Chief Economic Advisor To Present Economic Survey Today
The Economic Survey document will give insights into the state of the economy and various indicators in the current financial year 2022-23 (April-March).
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Economic Survey 2023 To Be Presented Today: History And Significance
The Economic Survey is prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance under the supervision of the Chief Economic Advisor of India (CEA).
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"3 Minutes Each, It's A Joke": Why 10 Unions Are Boycotting Budget Meet With Minister N Sitharaman
A joint forum of 10 central trade unions has decided to boycott the virtual pre-budget consultation with Nirmala Sitharaman, demanding a physical meeting instead
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CBDC: RBI to Commence Pilot Launch of E-Rupee for Specific Use Cases
The RBI on Friday said it will soon commence the pilot launch of e-rupee for specific use cases to boost India’s digital economy, making payment systems more efficient, and checking money laundering. The Government of India had announced the launch of the Digital Rupee — a Central Bank Digital Currency (CBDC) from fiscal year 2022-23 onwards in...
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Rajasthan Government Sanctions Rs 200 Crore For Free Sanitary Napkins To Women
The Rajasthan government has made a provision of Rs 200 crore in the 2022-23 budget to provide free sanitary napkins to women and girls, state minister Mamta Bhupesh said on Friday.
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Centre's Fiscal Deficit Narrows To 6.4% Of GDP In FY23
The Centre's fiscal deficit narrowed to 6.4 per cent of the GDP in 2022-23 from 6.71 per cent in FY22, as anticipated by Finance Minister Nirmala Sitharaman in her Budget in February this year.
-
Net Direct Tax Collections Grow 18% To Rs 16.61 Lakh Crore In 2022-23
Net direct tax collections rose by 18 per cent to Rs 16.61 lakh crore in the 2022-23 fiscal, exceeding the revised estimates (RE).
-
Bihar Has Spent 99% Of Total Estimated Budget In 2022-23: State Finance Minister
Bihar Finance minister Vijay Kumar Choudhary claimed that the state government has spent Rs 2,35,000 crore, which is 99 per cent of the total estimated budget of Rs 2,37,691 in 2022-23.
-
Lok Sabha Passes Rs 1.48 Lakh Crore Supplementary Grants For FY-2023
Lok Sabha on Tuesday gave its approval to the central government to spend an additional Rs 1.48 lakh crore during the current financial year 2022-23, amid uproar by Opposition parties on the Adani issue.
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Delhi Economic Survey: Tax Collection Rises 36%, Per Capita Income Up 14.18%
The per capita income of Delhi rose by 14.18 per cent to Rs 4,44,768 in 2022-23 at current prices compared to Rs 3,89,529 in 2021-22, according to the Delhi's Economic Survey tabled in the assembly on Monday.
-
P Chidambaram's Swipe At Budget 2023, "7% Economic Growth Not Possible"
Notably, according to the Economic Survey 2022-23, the economy is expected to grow at 7 per cent in real terms for the year ending March 2023. This follows an 8.7 per cent growth in the previous financial year.
-
Ashok Gehlot To Present Rajasthan Budget Tomorrow
Rajasthan Chief Minister Ashok Gehlot will present the State Budget 2023-24 in the assembly on Friday.
-
Union Budget 2023-24 Expectations: Crypto Sector Looks Forward to Tax Deduction
The Union Budget 2023-24 will be tabled by Finance Minister Nirmala Sitharaman in the Indian Parliament today at 11 am. Just like various other sectors, the crypto market is also expecting some favourable announcements for its growth in India in the coming financial year. From tax regimes that can help the demand for cryptos to a regulatory framewo...
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Cryptocurrencies Don't Pass Test Of Being Financial Asset: Economic Survey
Cryptocurrencies have no intrinsic cashflows to them and the latest collapse of the crypto exchange FTX exposes the vulnerabilities in such investments, the Economic Survey document for 2022-23 tabled on Tuesday said.
-
Indian Firms Raised Rs 5.06 Trillion In 8 Months: Economic Survey
Indian companies mobilised Rs 5.06 lakh crore through the equity and debt routes during April-November 2022, a drop of 8.5 per cent from the year-ago period, the Economic Survey 2022-23 said on Tuesday.
-
Budget Session Day 1: Chief Economic Advisor To Present Economic Survey Today
The Economic Survey document will give insights into the state of the economy and various indicators in the current financial year 2022-23 (April-March).
-
Economic Survey 2023 To Be Presented Today: History And Significance
The Economic Survey is prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance under the supervision of the Chief Economic Advisor of India (CEA).
-
"3 Minutes Each, It's A Joke": Why 10 Unions Are Boycotting Budget Meet With Minister N Sitharaman
A joint forum of 10 central trade unions has decided to boycott the virtual pre-budget consultation with Nirmala Sitharaman, demanding a physical meeting instead
-
CBDC: RBI to Commence Pilot Launch of E-Rupee for Specific Use Cases
The RBI on Friday said it will soon commence the pilot launch of e-rupee for specific use cases to boost India’s digital economy, making payment systems more efficient, and checking money laundering. The Government of India had announced the launch of the Digital Rupee — a Central Bank Digital Currency (CBDC) from fiscal year 2022-23 onwards in...
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Rajasthan Government Sanctions Rs 200 Crore For Free Sanitary Napkins To Women
The Rajasthan government has made a provision of Rs 200 crore in the 2022-23 budget to provide free sanitary napkins to women and girls, state minister Mamta Bhupesh said on Friday.
