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Union Budget 2023-2024

Budget seeks to maintain balance between growth & deficit: Fitch Ratings

Budget seeks to maintain balance between growth & deficit: Fitch Ratings

🕔11:30, 2.Feb 2023

Chennai, Feb 2 (IANS) The Indian Budget for 2023-24 presented by Finance Minister Nirmala Sitharaman in Parliament seeks to maintain a balance of sustaining a growth focus and deficit reduction, said Jeremy Zook, Director and Primary Sovereign analyst for India, Fitch

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Civil Aviation Ministry’s allocation dips to Rs 3,113.36 crore in Budget 2023-24

Civil Aviation Ministry’s allocation dips to Rs 3,113.36 crore in Budget 2023-24

🕔11:28, 2.Feb 2023

New Delhi, Feb 2 (IANS) The Civil Aviation Ministry witnessed a significant decline in its allocation in Budget 2023-24 presented on Wednesday. The Budget allocated Rs 3,113.36 crore to the ministry, against Rs 10,667 crore in 2022-23, which was later revised

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Rs 28,138 crore allocated to meet requirements for OROP

Rs 28,138 crore allocated to meet requirements for OROP

🕔11:28, 2.Feb 2023

New Delhi, Feb 2 (IANS) The Union Budget 2023-24 on Wednesday allocated Rs 28,138 crore to meet the requirements on account of revision of armed forces pensioners/ family pensioners under the One Rank One Pension (OROP) scheme. The Budget marked an

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Union Budget gives major emphasis on increasing Ayush services, scientific research

Union Budget gives major emphasis on increasing Ayush services, scientific research

🕔11:26, 2.Feb 2023

New Delhi, Feb 2 (IANS) The integration of the Ayush system in the National Health ecosystem has got a major boost in the Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on Wednesday. The total allocation to the Ayush Ministry has

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Rs 4K cr for 14,500 PM SHRI Schools, 20 lakh students to benefit

Rs 4K cr for 14,500 PM SHRI Schools, 20 lakh students to benefit

🕔11:00, 2.Feb 2023

New Delhi, Feb 2 (IANS) The budget allocation for FY 2023-24 in the scheme of PM SHRI has increased by Rs 2,200 crore, 122.22 per cent from Rs 1,800 crore in 2022-23 to Rs 4,000 crore in 2023-24. Under this scheme,

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Culture Ministry gets more allocations in Union Budget

Culture Ministry gets more allocations in Union Budget

🕔10:38, 2.Feb 2023

New Delhi, Feb 2 (IANS) With a focus on celebrations under the ‘Azadi ka Amrit Mahotsav’ programme commemorating 75 years of India’s Independence, the outlay for annual budget 2023-24 of the Ministry of Culture has been enhanced to Rs 3,399.65 crore

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Govt scales down disinvestment target to Rs 51,000 crore for 2023-24 in Budget

Govt scales down disinvestment target to Rs 51,000 crore for 2023-24 in Budget

🕔09:30, 2.Feb 2023

New Delhi, Feb 2 (IANS) Having failed to meet the disinvestment target of Rs 65,000 crore for the current fiscal, the government on Wednesday scaled down the target for 2023-24 to Rs 51,000 crore. The disinvestment target was announced by Finance

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SUMMARY OF THE UNION BUDGET 2023-24

SUMMARY OF THE UNION BUDGET 2023-24

🕔18:30, 1.Feb 2023

UNION BUDGET 2023-24 PRESENTS VISION FOR AMRIT KAAL-BLUE PRINT FOR AN EMPOWERD AND INCLUSIVE ECONOMY THREE PRONGED FOCUS DRIVEN BY FOUR TRANSFORMATIVE OPPORTUNITIES CONSTITUTE FOUNDATION OF AMRIT KAAL CAPITAL INVESTMENT OUTLAY INCREASED BY 33% TO Rs. 10 LAKH CRORE EFFECTIVE

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HIGHLIGHTS OF THE UNION BUDGET 2023-24

HIGHLIGHTS OF THE UNION BUDGET 2023-24

🕔18:29, 1.Feb 2023

New Delhi, Feb 01: The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today. The highlights of the Budget are as follows: PART A Per capita income has more than doubled

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Budget strengthens fundamental pillars of inclusivity, sustainability: FICCI

Budget strengthens fundamental pillars of inclusivity, sustainability: FICCI

🕔18:23, 1.Feb 2023

New Delhi, Feb 1 (IANS) The Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday said the Budget 2023-24 presented by Union Finance Minister Nirmala Sitharaman will strengthen the fundamental pillars and ensure resilience, inclusivity and sustainability. Subhrakant Panda,

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DigiLocker services for MSMEs, large businesses, charitable trusts soon

DigiLocker services for MSMEs, large businesses, charitable trusts soon

🕔18:22, 1.Feb 2023

New Delhi, Feb 1 (IANS) The government on Wednesday announced to set up DigiLockers for the micro, small and medium enterprises (MSMEs), large businesses and charitable trusts. Fintech services in India have already been facilitated by the digital public infrastructure including

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Healthcare players call Budget forward-looking

Healthcare players call Budget forward-looking

🕔18:21, 1.Feb 2023

Hyderabad, Feb 1 (IANS) Healthcare players have welcomed the Union Budget as positive and forward-looking. Dr K. Hari Prasad, President, Apollo Group said that there was increasing focus on healthcare as evident from the Union Budget. As part of healthcare skill

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Centre to clarify taxation on online gaming, proposes removal of minimum TDS

Centre to clarify taxation on online gaming, proposes removal of minimum TDS

🕔18:19, 1.Feb 2023

New Delhi, Feb 1 (IANS) In good news for online gamers, the government on Wednesday proposed to remove the minimum threshold for TDS and clarify taxability relating to online gaming. Currently, 18 per cent tax is being levied on the commission

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Budget 2023-24: ‘A growth budget focussed on good harvest’

Budget 2023-24: ‘A growth budget focussed on good harvest’

🕔18:18, 1.Feb 2023

Chennai, Feb 1 (IANS) The Union Budget for 2023-24 presented by Finance Minister Nirmala Sitharaman on Wednesday has portrayed a positive outlook for the agriculture and animal husbandry, dairy and fisheries sectors and the proposals will result in long-term growth that

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Budget balanced, likely to boost demand in housing sector: Realty industry

Budget balanced, likely to boost demand in housing sector: Realty industry

🕔18:17, 1.Feb 2023

New Delhi, Feb 1 (IANS) The realty industry on Wednesday termed the Union Budget 2023-24 as balanced which is likely to boost demand in the housing sector. The enhanced allocation for the Pradhan Mantri Awas Yojana by 66 per cent to

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EVs to get cheaper, Centre proposes Customs duty exemption on batteries

EVs to get cheaper, Centre proposes Customs duty exemption on batteries

🕔18:15, 1.Feb 2023

New Delhi, Feb 1 (IANS) The Central government on Wednesday said that to further provide impetus to green mobility, Customs duty exemption is being extended to the import of capital goods and machinery required for manufacture of lithium-ion cells for batteries

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Centre extends tax holiday for homegrown startups till March 31, 2024

Centre extends tax holiday for homegrown startups till March 31, 2024

🕔18:14, 1.Feb 2023

New Delhi, Feb 1 (IANS) The Centre on Wednesday announced to extend the tax holiday scheme for startups till March 31, 2024, which means that startups incorporated till the latest date next year can avail tax benefits. The tax holiday scheme

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Budget for stipend to 47 lakh youth under apprenticeship scheme

Budget for stipend to 47 lakh youth under apprenticeship scheme

🕔18:13, 1.Feb 2023

New Delhi, Feb 1 (IANS) To give impetus to the youth and help the ‘Amrit Peedhi’ realise their dreams, Finance Minister Nirmala Sitharaman on Wednesday said that the government has formulated the National Education Policy, focused on skilling, adopted economic policies

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Prime Minister describes Budget 2023-24 as ‘first of Amrit Kaal’

Prime Minister describes Budget 2023-24 as ‘first of Amrit Kaal’

🕔18:07, 1.Feb 2023

Prime Minister Narendra Modi on Wednesday described the Union Budget as the “first Budget of Amrit Kaal” (the 25-year period from 2022 till 2047, when the country will celebrate 100 years of Independence), which would lay a strong foundation for

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FM’s initiative to boost lab-grown diamond sector brings cheer to Surat industry

FM’s initiative to boost lab-grown diamond sector brings cheer to Surat industry

🕔14:59, 1.Feb 2023

Surat, Feb 1 (IANS) Finance Minister Nirmala Sitharaman’s announcement of cutting import duty on raw material for lab-grown diamond seeds has boosted the morale of the industry. “This will not only grow the sector parallel to the real diamond sector, but

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