Budget news

NEW DELHI: India has emerged as the “bright spot” of the global economy and is playing a key role in the supply chain, Prime Minister Narendra Modi said on Tuesday, urging stakeholders to take full advantage of this opportunity, and…

Union finance minister Nirmala Sitharaman proposed to reduce Tax Deduction at Source (TDS) from 30% to 20% for the taxable part of the Employees' Provident Fund (EPF) Scheme for non-PAN cases in Budget 2023-24.According to the Income Tax…

India has made remarkable advancements in the digital realm. File image | Photo Credit: AP The Government proposes to set up 100 labs for developing applications using 5G services in various engineering institutions across the country.…

Illustration: Satheesh Vellinezhi With the global economy adrift, Finance Minister Nirmala Sitharaman sought to carve out an ark for India in her fifth Union Budget by trying to nudge domestic consumption and reluctant private investments…

Nirmala Sitharaman presenting Budget 2023. (Photo/ANI)Finance minister Nirmala Sitharaman announced digital public infrastructure for agriculture and Agriculture Accelerator Fund in her Budget 2023 speechFinance minister Nirmala Sitharaman…

With its focus on improving the purchasing power of middleclass households through tax relief for salaried employees, the budget will help spur demand for packaged consumer goods, discretionary items and two-wheelers, industry executives…

Edited By: Oindrila MukherjeeLast Updated: February 02, 2023, 00:26 ISTTea pundits and the industry were initially observant of the allocation made to small tea growers. (Representational image: Reuters/File)Tea Association of India said…

The headline numbers are impressive, to say the least. The budget promises a 50 basis point – one basis point is one hundredth of a percentage point – reduction in fiscal deficit in a year when nominal GDP growth is expected to slow down…

<!-- -->Economic Survey noted India's GDP is expected to grow in the range of 6 to 6.8%. (File)New Delhi: External Affairs Minister S Jaishankar on Wednesday put forward ten points to explain why the Union Budget 2023 should be…

Union Finance Minister Nirmala Sitharaman on Wednesday again took a digital tablet wrapped in a traditional ‘bahi-khata’ style pouch to Parliament and presented Union Budget 2023-24 in a paperless format just like the previous two years. In…