Budget Expectations

The Bill is expected to be taken up for formal discussion during the upcoming budget session of Gujarat Assembly.

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.

Central Board of Direct Taxes (CBDT) chairman Nitin Gupta has said that he expects at least 50-66 per cent (two-thirds) of the taxpayers to switch over to the new tax regime in the next financial year itself.

After the government eliminated import tariffs on parts used to assemble high-end phones, India could now manufacture more premium smartphones, a tax official said. Indian mobile phone exports nearly doubled year-on-year to $5 billion between April-October in 2022, primarily supported by the government's key scheme to offer incentives to local manu...

Finance Minister Nirmala Sitharaman today announced big relief for taxpayers and a mega push for capital spending and infrastructure as she unveiled the government's last Budget before the 2024 national election.

The crypto sector did not make it to Finance Minister Nirmala Sitharaman’s Union Budget 2023-24 speech on Wednesday, February 1. The turn of events left industry insiders a tad disappointed, but yet relieved that the country is not rushing to shut all doors against the industry like China.

In Finance Minister Nirmala Sitharaman's budget, relief in income tax was expected to be the protagonist.

The government expects 17 per cent higher dividend at Rs 48,000 crore from the Reserve Bank of India (RBI), public sector banks and financial institutions in 2023-24.

To promote the cooperative sector, the government on Wednesday announced a slew of measures, including a concessional tax of 15 per cent to promote new societies focusing on manufacturing and a higher limit of Rs 3 crore for TDS on cash withdrawal.

Appreciating the initiatives taken by the government, Mr. Goenka wrote that it is "a budget that puts India on the path to become the world champion".

Prices of imported vehicles with invoice value less than $40,000 are expected to go up by around 2 per cent with Finance Minister NIrmala Sitharaman proposing to increase customs duty on such vehicles from 60 per cent to 70 per cent in the Union Budget 2023-24.

The defence budget was increased to Rs 5.94 lakh crore for 2023-24 from last year's allocation of Rs 5.25 lakh crore.

Finance Minister Nirmala Sitharaman announced a big ticket budget ahead of next year's general elections which focussed on infrastructure and agri sectors and reworked tax slabs in a relief to the middle class.

Budget 2023: The budget address by Ms. Sitharaman laid out which things would be more affordable and which would be more expensive.

Finance Minister Nirmala Sitharaman today announced in her Budget speech that a National Digital Library for children and adolescents will be set up for facilitating the availability of quality books.

The Bill is expected to be taken up for formal discussion during the upcoming budget session of Gujarat Assembly.

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.

Central Board of Direct Taxes (CBDT) chairman Nitin Gupta has said that he expects at least 50-66 per cent (two-thirds) of the taxpayers to switch over to the new tax regime in the next financial year itself.

After the government eliminated import tariffs on parts used to assemble high-end phones, India could now manufacture more premium smartphones, a tax official said. Indian mobile phone exports nearly doubled year-on-year to $5 billion between April-October in 2022, primarily supported by the government's key scheme to offer incentives to local manu...

Finance Minister Nirmala Sitharaman today announced big relief for taxpayers and a mega push for capital spending and infrastructure as she unveiled the government's last Budget before the 2024 national election.

The crypto sector did not make it to Finance Minister Nirmala Sitharaman’s Union Budget 2023-24 speech on Wednesday, February 1. The turn of events left industry insiders a tad disappointed, but yet relieved that the country is not rushing to shut all doors against the industry like China.

In Finance Minister Nirmala Sitharaman's budget, relief in income tax was expected to be the protagonist.

The government expects 17 per cent higher dividend at Rs 48,000 crore from the Reserve Bank of India (RBI), public sector banks and financial institutions in 2023-24.

To promote the cooperative sector, the government on Wednesday announced a slew of measures, including a concessional tax of 15 per cent to promote new societies focusing on manufacturing and a higher limit of Rs 3 crore for TDS on cash withdrawal.

Appreciating the initiatives taken by the government, Mr. Goenka wrote that it is "a budget that puts India on the path to become the world champion".

Prices of imported vehicles with invoice value less than $40,000 are expected to go up by around 2 per cent with Finance Minister NIrmala Sitharaman proposing to increase customs duty on such vehicles from 60 per cent to 70 per cent in the Union Budget 2023-24.

The defence budget was increased to Rs 5.94 lakh crore for 2023-24 from last year's allocation of Rs 5.25 lakh crore.

Finance Minister Nirmala Sitharaman announced a big ticket budget ahead of next year's general elections which focussed on infrastructure and agri sectors and reworked tax slabs in a relief to the middle class.

Budget 2023: The budget address by Ms. Sitharaman laid out which things would be more affordable and which would be more expensive.

Finance Minister Nirmala Sitharaman today announced in her Budget speech that a National Digital Library for children and adolescents will be set up for facilitating the availability of quality books.