Economic Survey 2023

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.

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.

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.

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.

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.

Budget 2023: Ahead of the presentation of Union Budget 2023-24 in the Parliament on Wednesday, Minister of State for Finance Pankaj Chaudhary said that the budget will incorporate the expectations of every section of society and will stand on everyone's expectations.

The Union Budget 2023-24 will be presented in the Indian Parliament by Finance Minister Nirmala Sitharaman on Wednesday, February 1. The announcements will begin at 11 am IST. The budget speech is likely to last for around two hours.

India has already become the world's fifth largest economy in the 75th year of Independence and will reach the USD 3.5 trillion mark by end-March, said the Economic Survey tabled in Parliament on Tuesday.

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.

Till November 2022 this fiscal year, 1.7 crore demat accounts were added as compared to 2.2 crore during the year-ago period, says 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.

"In this fast-evolving context, as global companies adapt their manufacturing and supply chain strategies to build resilience, India has a unique opportunity to become a global manufacturing hub this decade," the Survey said.

The pre-Budget survey said that India's growth in FY23 has been principally led by private consumption and capital formation.

In the section on India's inclusive growth, the economic survey said that the country is the third-largest economy in the world in terms of purchasing power parity.

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.

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.

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.

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.

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.

Budget 2023: Ahead of the presentation of Union Budget 2023-24 in the Parliament on Wednesday, Minister of State for Finance Pankaj Chaudhary said that the budget will incorporate the expectations of every section of society and will stand on everyone's expectations.

The Union Budget 2023-24 will be presented in the Indian Parliament by Finance Minister Nirmala Sitharaman on Wednesday, February 1. The announcements will begin at 11 am IST. The budget speech is likely to last for around two hours.

India has already become the world's fifth largest economy in the 75th year of Independence and will reach the USD 3.5 trillion mark by end-March, said the Economic Survey tabled in Parliament on Tuesday.

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.

Till November 2022 this fiscal year, 1.7 crore demat accounts were added as compared to 2.2 crore during the year-ago period, says 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.

"In this fast-evolving context, as global companies adapt their manufacturing and supply chain strategies to build resilience, India has a unique opportunity to become a global manufacturing hub this decade," the Survey said.

The pre-Budget survey said that India's growth in FY23 has been principally led by private consumption and capital formation.

In the section on India's inclusive growth, the economic survey said that the country is the third-largest economy in the world in terms of purchasing power parity.