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Union Budget

Union budget prudently manages fiscal consolidation and growth objectives: RBI paper

Union budget prudently manages fiscal consolidation and growth ob...

Wed, Feb 19, 2025

The Union Budget presented by Finance Minister Nirmala Sitharaman "prudently manages" fiscal consolidation and growth objectives, an article by Reserve Bank staffers said on Wednesday.

Part shifting of customs duty to AIDC to have marginal impact on state transfers: CBIC Chairman

Part shifting of customs duty to AIDC to have marginal impact on...

Thu, Feb 06, 2025

Finance Minister Nirmala Sitharaman removed seven tariff rates in the 2025-26 Budget. This is over and above the seven tariff rates removed in the 2023-24 Budget.

Tax cuts to spur discretionary consumption especially among salaried people: Report

Tax cuts to spur discretionary consumption especially among salar...

Tue, Feb 04, 2025

The Budget has focused on reviving consumption by increasing the income threshold and relaxing the tax slabs.

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Budget 2023: International Road Federation seeks removal of GST on helmets

Budget 2023: International Road Federation seeks removal of GST o...

Thu, Jan 19, 2023

India accounts for about 11 per cent of the road accident deaths worldwide and the two-wheeler riders, being most vulnerable, constitute almost 31.4 per cent of road accidental deaths primarily due to head injuries.

Budget 2023 Expectation: Pharma, healthcare industry seek simplified regulations, research-based incentives

Budget 2023 Expectation: Pharma, healthcare industry seek simplif...

Thu, Jan 19, 2023

Outlining the wishlist for the sector in the upcoming Union Budget, IPA Secretary General Sudarshan Jain said the domestic pharma industry is currently around USD 50 billion in size and aspires to grow to around USD 130 billion by 2030 and USD 450 billion by 2047.

Budget 2023: CAIT seeks financial support policies for small traders

Budget 2023: CAIT seeks financial support policies for small trad...

Thu, Jan 19, 2023

"Absence of a policy and a separate Ministry for Internal Trade is an ample testimony of the apathy towards the trading community," CAIT said in a communication sent to Union Finance Minister Nirmala Sitharaman on Thursday.

Union Budget 2023: Government may announce increase in PM KISAN support amount to Rs 8,000 in Budget

Union Budget 2023: Government may announce increase in PM KISAN s...

Tue, Jan 17, 2023

Launched by PM Modi in 2019, the scheme provides farmers an amount of Rs 6,000 per year disbursed in 3 installments

Budget 2023 expectation: What middle class expect from FM Nirmala Sitharaman?

Budget 2023 expectation: What middle class expect from FM Nirmala...

Tue, Jan 17, 2023

The Union Budget 2023 will be presented on February 1 by Finance Minister Nirmala Sitharaman.

Budget 2023: PM Kisan Samman Nidhi scheme financial aid to be raised to Rs 8,000, say sources

Budget 2023: PM Kisan Samman Nidhi scheme financial aid to be rai...

Fri, Jan 13, 2023

PM Kisan Samman Nidhi Yojana: The 13th instalment of the PM Kisan scheme will be released in the accounts of farmers in the month of January 2023.

Budget 2023 Expectations: Healthcare tech industry seeks cut in customs duty, removal of health cess on medical devices

Budget 2023 Expectations: Healthcare tech industry seeks cut in c...

Wed, Jan 11, 2023

MTaI said the high customs duty has adversely impacted the costs of medical devices in India and it should be reduced to 2.5 per cent.

Budget 2023: Goldman Sachs expects government to focus on fiscal consolidation; may reduce fiscal gap at 5.9% in FY24

Budget 2023: Goldman Sachs expects government to focus on fiscal...

Tue, Jan 10, 2023

The central government is scheduled to present its last full budget on February 1, 2023 as the Budget 2024 is likely to be interim as the country to head for general polls from April next year.

Budget 2023: Analysts believe govt likely to maintain growth path keeping fiscal deficit, inflation in check – Details!

Budget 2023: Analysts believe govt likely to maintain growth path...

Sun, Jan 08, 2023

The upcoming Union Budget scheduled on February 01, 2023, will be the last full year budget from the Modi government ahead of the Lok Sabha elections due in early 2024.

Union Budget 2023: Govt to slash food and fertiliser subsidies by 26% in 2023-24

Union Budget 2023: Govt to slash food and fertiliser subsidies by...

Fri, Jan 06, 2023

The government expects to budget around Rs 2.3 lakh crore for food subsidies in the coming fiscal, while spending on fertiliser subsidies will likely fall to about Rs 1.4 lakh crore

Union Budget 2023: How Budget Insurance Amendment Bill may benefit the LIC

Union Budget 2023: How Budget Insurance Amendment Bill may benef...

Thu, Jan 05, 2023

It's that time of the year when the market is abuzz with expectations from the Union Budget. According to reports, the government is likely to introduce a Budget Insurance Amendment Bill.

Budget 2023 Expectations: Treat tobacco crop like any other agricultural produce, industry body to FM

Budget 2023 Expectations: Treat tobacco crop like any other agric...

Wed, Jan 04, 2023

FAIFA asked Finance Minister Nirmala Sitharaman "to treat tobacco crop like any other agricultural produce and not put additional burden of taxes on legally manufactured products in India as that would have an adverse impact on tobacco farmers".

Union Budget 2023: Insurance sector set to witness major changes – Check Key Details Here

Union Budget 2023: Insurance sector set to witness major change...

Mon, Jan 02, 2023

The insurance sector in India is likely to witness some major changes this year. Experts believe that legal and regulatory changes proposed/made will have far-reaching impact.

Gross direct tax collections grow 26% to Rs 13.63 lakh cr; net mop-up near 80% of Budget target for FY23

Gross direct tax collections grow 26% to Rs 13.63 lakh cr; net mo...

Sun, Dec 18, 2022

After adjusting for refunds, the net direct tax collection so far this fiscal stands at Rs 11.35 lakh crore, which is about 80 per cent of the full-year Budget target.

What Goes Behind The Preparation of a Union Budget

What Goes Behind The Preparation of a Union Budget

Mon, Dec 12, 2022

As the countdown to Union Budget 2023 begins, Zee Business explains the process behind preparing the annual Union Budget.

Budget 2023: 10 trade unions boycott finance ministry's virtual pre-budget consultations, demand physical meeting

Budget 2023: 10 trade unions boycott finance ministry's virt...

Sun, Nov 27, 2022

In a letter shot off on Friday, the forum stated, "Now your email dated November 25, 2022 under reference, makes it explicit that each central trade union will be allowed to speak for three minutes. This is a joke and we refuse to be part of such a cheap joke. We will not participate in the proposed video conference on November 28, 2022."

World Mental Health Day: Amid growing crisis, India allocates less than 1% health budget for mental health

World Mental Health Day: Amid growing crisis, India allocates les...

Mon, Oct 10, 2022

The programme related to mental health in India is facing an existential crisis as it does not even get to utilize the allocated funds, said bodies working on mental health issues.

Is Finance Ministry mulling to do away with old tax regime? says plans to review exemption-free tax regime to make it more attractive

Is Finance Ministry mulling to do away with old tax regime? says...

Sun, Aug 14, 2022

The Union Budget 2020-21 introduced a new tax regime. Taxpayers were given the option to choose between the old regime with various deductions and exemptions and the new tax regime that offered lower tax rates without exemptions and deductions.

'Equity A Better Asset for Younger Generation': Personal Finance Expert Prakash Ranjan Sinha

'Equity A Better Asset for Younger Generation': Persona...

Wed, Feb 02, 2022

FM Nirmala Sitharaman presented Union Budget 2022 in the Parliament on February 1, 2022. We spoke to Mr Prakash Ranjan Sinha, Personal Finance Expert, on Union Budget 2022 to know more on this.

'Overall A Good Budget, Clarity On Virtual Digital Assets': Personal Finance Expert Mrin Agarwal

'Overall A Good Budget, Clarity On Virtual Digital Assets...

Wed, Feb 02, 2022

FM Nirmala Sitharaman presented Union Budget 2022 in the Parliament on February 1, 2022. We spoke to Ms Mrin Agarwal, Personal Finance Expert, on Union Budget 2022 to know more on this.

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