Currently, the basic income tax exemption limit is Rs 2.5 lakh for individual taxpayers under both the old and new income tax regimes.
Union Budget 2023: As the government gets set to unveil the Budget, fintechs and NBFCs expect more liquidity support and initiatives to boost partnerships
Support from the Union Budget 2023 will not only help strengthen the digital finance and banking infrastructure but also provide a seamless linkage for Indian tech and fintech companies with their global counterparts
Of the total 30 stocks, Dabur India, ITC, Tata Power and Mahindra & Mahindra were the only stocks that ended in green
In today’s edition of Moneycontrol Pro Panorama: Should investors worry about turnover ratio, can banks pull up Nifty, problems posed by ‘time theft’ and ‘quiet quitting’, school learning outcome disappoints, and more
Saggar, who was a member of the Reserve Bank of India's rate-setting panel through much of the coronavirus pandemic, says the government must downsize itself even as it continues its focus on capital expenditure
Ahead of Budget 2023, a look at previous speeches by India's finance ministers.
Budget 2023-24: The slowdown in discretionary consumption may be due to factors such as weakening of pent-up demand and elevated inflation hurting household savings
Congress spokesperson Pawan Khera asked Prime Minister Narendra Modi to spell out if he is still "afraid" of China or still "loves" the country.
Experts say the market is jittery ahead of two key events—Union Budget 2023-24 and the US Federal Reserve meeting; see it bouncing back after the Budget
‘In Graphic Detail’ is a special series of data stories covering the Union Budget's key elements over a short and long-term period
A Bala, Managing Director & Chief Executive Officer of Aditya Birla Sun Life AMC speaks about tax incidence for middle-class income players, fixed income as asset class and peaking out of rate hike cycle
Budget 2023: Limit orders and strict stop-loss can be lifesavers on the Budget Day, says Rajesh Sriwastava
Budget 2023 time and date: It will be the fifth time that Finance Minister Nirmala Sitharaman will present the Union Budget, the last full Budget of the Modi government ahead of the 2024 general elections
House pricing in tier 2 and 3 cities is also increasing given the trend of remote work.
Budget 2023: Finance Minister Nirmala Sitharaman will likely increase expenditure by about 12.5% year-on-year to 44.40 trillion rupees ($544 billion) in the year beginning April, according to the median of estimates in a Bloomberg survey ahead of the Feb. 1 budget.
What will the Modi government’s last full budget before elections bring for people? Will India spend more? Watch the pre-budget panel discussion led by Moneycontrol’s Deputy Editor Shweta Punj with Radhika Rao, Executive Director & Senior Economist of DBS Bank, Spokesperson of AICC Rajeev Gowda, Spokesperson of BJP, Gopal Agarwal, the Chief Economist of JPMorgan Sajid Chinoy, Indian Economist Ajit Ranade, and the Chief Economist of Citibank India, Samiran Chakraborty.
The Union Budget for 2023-24 can see an import duty hike on some of the items as rising CAD poses a challenge amid slowing of exports in the next fiscal owing to global slowdown.
The Reserve Bank of India's gains from dollar sales are set to rise sharply and could result in a dividend of as much as Rs 1 lakh crore for the Centre
Financialisation of household savings can be speeded up in this Budget by rationalising capital gains tax, giving more tax sops to mutual funds, and incentivising distribution.
So far, when it comes to budgetary allocations for defence it’s always been a debate between guns and butter—the dynamics of allocations for defence vis-a- vis those for social spending or subsidies and social support. That view needs to change
Fiscal consolidation, policy reforms and higher capital expenditure to support growth are likely to be high on the finance minister’s agenda, says the Chief Investment Officer-Equities.
Budget 2023 Expectations Highlights: Fintech industry experts and NBFCs are hopeful the government would propose measures to increase financial inclusion. They also include enhanced liquidity infusion along with initiatives to improve partnerships between banks and NBFCs.
There will be heightened expectations from the markets as well as people about plucky policies with focus on raising people’s income levels, enabling greater investment in infrastructure to generate jobs and boost farm incomes
Budget 2023: A customary halwa ceremony is performed every year before the “lock-in” process of Budget preparation begins.