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Budget 2023Budget 2023

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  • Budget 2023 | FM revises FAME outlay for FY24 to Rs 5,172 crore Feb 04, 2023 02:20 PM IST

    Budget 2023 | FM revises FAME outlay for FY24 to Rs 5,172 crore

    The FAME-2 subsidy accounts for 85% of the total Budget allocation of Rs 6,145 crore for the Ministry of Heavy Industries.

  • We will enter global bond club with our dhotis and sarees: Finance Secretary Feb 04, 2023 02:10 PM IST

    We will enter global bond club with our dhotis and sarees: Finance Secretary

    India’s policies are made keeping India in mind and will not be changed to suit foreign investors, says TV Somanathan

  • In Pics: Key highlights of Finance Minister Nirmala Sitharaman exclusive interview Feb 03, 2023 08:11 PM IST

    In Pics: Key highlights of Finance Minister Nirmala Sitharaman exclusive interview

    Here are some key highlights from Finance Minister Nirmala Sitharaman's exclusive post-Budget interview with Network18

  • Budget 2023: The curious case of National Monetisation Pipeline's omission Feb 03, 2023 11:41 AM IST

    Budget 2023: The curious case of National Monetisation Pipeline's omission

    Industry experts believe that the government has struggled to ramp up the execution of the monetisation plan and get the private sector enthused about it.

  • Nirmala Sitharaman Exclusive Interview Highlights: LIC, SBI exposure to group within permissible limits, says FM Feb 03, 2023 11:40 AM IST

    Nirmala Sitharaman Exclusive Interview Highlights: LIC, SBI exposure to group within permissible limits, says FM

    Nirmala Sitharaman Exclusive Interview Highlights: On the Hindenburg effect the FM said both SBI and LIC have issued detailed statements. They, the FM added, have said they are sitting over profits for the exposure they have, which is well within limits from what I understand.

  • Govt spend will boost infra but concerns around public private partnership not addressed: Vinayak Chatterjee. Feb 03, 2023 11:16 AM IST

    Govt spend will boost infra but concerns around public private partnership not addressed: Vinayak Chatterjee.

    Vinayak said that the Budget met 7-8 items on his Budget wishlist and the current government has been consistent in its approach to growing the economy through capital investment.

  • Budget 2023: Watch out for Finance Minister Nirmala Sitharaman’s exclusive interview Feb 03, 2023 09:15 AM IST

    Budget 2023: Watch out for Finance Minister Nirmala Sitharaman’s exclusive interview

    Tune in to Moneycontrol at 2:00 pm on February 3 for the interview with Finance Minister Nirmala Sitharaman, a big Network 18 exclusive.

  • Risk of slippage lower, FM has successfully demonstrated fiscal commitment Feb 02, 2023 01:35 PM IST

    Risk of slippage lower, FM has successfully demonstrated fiscal commitment

    Sticking to the medium-term target is needed to keep the public debt ratio sustainable, says Shilan Shah, Senior India Economist at Capital Economics, says

  • Budget 2023: MF investors should bet on sectoral, thematic funds that have turned attractive Feb 02, 2023 09:34 AM IST

    Budget 2023: MF investors should bet on sectoral, thematic funds that have turned attractive

    Highly promising sectoral funds, specifically infrastructure or banking and financial services, and the ones dedicated to themes like transport and logistics and manufacturing can be considered.

  • Union Budget 2023 Analysis Highlights: Here's a fineprint of all Budget proposals announced by Finance Minister Nirmala Sitharaman Feb 02, 2023 07:10 AM IST

    Union Budget 2023 Analysis Highlights: Here's a fineprint of all Budget proposals announced by Finance Minister Nirmala Sitharaman

    Budget 2023 Analysis Highlights: The last full Budget of Modi government before the 2024 Lok Sabha elections did give more cash in hand to the middle class, but at the same time, stuck to the path of fiscal prudence. From the new 'default tax regime' to infra boost, here's a detailed analysis of all the proposals announced by FM Sitharaman.

  • Budget 2023: Fintechs cheer simplified KYC process, DigiLocker expansion Feb 01, 2023 07:35 PM IST

    Budget 2023: Fintechs cheer simplified KYC process, DigiLocker expansion

    The steps taken to simply KYC will in turn simplify digital spending and investment processes, say fintech startups and investors.

  • Budget 2023: Nirmala Sitharaman's saree was handwoven in Karnataka Feb 01, 2023 06:59 PM IST

    Budget 2023: Nirmala Sitharaman's saree was handwoven in Karnataka

    The heavy silk (800 gm) saree worn by FInance minister Nirmala Sitharaman during Budget presentation is said to chariots, peacocks, and lotuses emroidered on it.

  • Budget 2023: FM lines up measures to ensure India Inc clears dues to MSMEs on time Feb 01, 2023 06:54 PM IST

    Budget 2023: FM lines up measures to ensure India Inc clears dues to MSMEs on time

    To ensure that the long-standing demand to mitigate delayed payment issues is met, Finance Minister Nirmala Sitharaman laid down strict rules to make sure corporates can claim deduction only once payments to MSMEs are cleared.

  • Budget 2023: Finance minister Nirmala Sitharaman's top quotes Feb 01, 2023 06:20 PM IST

    Budget 2023: Finance minister Nirmala Sitharaman's top quotes

    Here are some of the highlights from Finance Minister Nirmala Sitharaman's presentation of the Union Budget 2023 in the Lok Sabha on February 1.

  • Budget 2023: A renewed push for green mobility, lithium-ion cell machinery gets duty exemption Feb 01, 2023 04:43 PM IST

    Budget 2023: A renewed push for green mobility, lithium-ion cell machinery gets duty exemption

    The Budget 2023-24 extended duty exemption to the import of capital goods and machinery required for making lithium-ion cells for batteries used in EVs, which is expected to being down cost of EVs

  • Budget 2023: What it means for people looking to buy automobiles Feb 01, 2023 04:26 PM IST

    Budget 2023: What it means for people looking to buy automobiles

    Key takeaways for customers looking to purchase a car or two-wheeler this year

  • Budget 2023: What's in it for millennials and GenZ? Feb 01, 2023 02:29 PM IST

    Budget 2023: What's in it for millennials and GenZ?

    From amendments in the new tax regime, to increasing financial literacy and employability, amongst others; FM Nirmala Sitharaman had a lot of goodies in her bag for the youth of the nation.

  • Budget 2023: ChatGPT was asked 'What's an ideal budget?' Check AI chatbot's answer Feb 01, 2023 01:37 PM IST

    Budget 2023: ChatGPT was asked 'What's an ideal budget?' Check AI chatbot's answer

    Many of the pointers mentioned by ChatGPT were addressed by Finance Minister Nirmala Sitharaman in her Budget 2023 presentation.

  • New income tax slabs, hike in rebate: 5 big personal income tax changes in Budget 2023 Feb 01, 2023 01:14 PM IST

    New income tax slabs, hike in rebate: 5 big personal income tax changes in Budget 2023

    All the major Budget 2023 income tax changes that were announced by Finance Minister Nirmala Sitharaman today

  • Budget 2023: Health continues to be on backburner, allocations increase by meagre 12% Feb 01, 2023 01:05 PM IST

    Budget 2023: Health continues to be on backburner, allocations increase by meagre 12%

    While the health ministry had received a 16 percent hike last year, the rise of a mere 12 percent this year may barely cover the inflation

  • Budget 2023: FM reinforces need for old vehicle replacement Feb 01, 2023 01:01 PM IST

    Budget 2023: FM reinforces need for old vehicle replacement

    “Replacing old polluting vehicles is an important part of greening our economy. I have allocated adequate funds to scrap old vehicles of Centre and State governments,” stated Sitharaman while presenting the Union Budget.

  • Budget 2023: FM announces PM-VIKAS scheme to empower artisans, traditional craftsmen Feb 01, 2023 12:54 PM IST

    Budget 2023: FM announces PM-VIKAS scheme to empower artisans, traditional craftsmen

    The initiative will enable the country’s artisans to improve the quality, scale, and reach of their products, integrating them with the Micro, Small and Medium-scale Enterprises (MSME) value chain.

  • Budget 2023: Farm sector receives major boost as FM renews thrust on rural India Feb 01, 2023 12:45 PM IST

    Budget 2023: Farm sector receives major boost as FM renews thrust on rural India

    In order to help the agriculture industry, which continues to be one of the largest employment sector in the economy, the government regularly raises the farm credit objectives each year. Hence, the hike in agri-credit target is along expected lines.

  • Budget 2023: National digital library to be set up for kids, adolescents, says Nirmala Sitharaman Feb 01, 2023 12:33 PM IST

    Budget 2023: National digital library to be set up for kids, adolescents, says Nirmala Sitharaman

    Budget 2023: Finance minister Nirmala Sitharaman said, "To inculcate financial literacy, financial sector regulators and organisations will be encouraged to provide age-appropriate reading material to these libraries."

  • Budget 2023: Govt to continue 50-year interest-free loans to states for another year: FM Nirmala Sitharaman Feb 01, 2023 12:27 PM IST

    Budget 2023: Govt to continue 50-year interest-free loans to states for another year: FM Nirmala Sitharaman

    She also said the enhanced capex of Rs 10 lakh crore for infrastructure development is at 3.3 per cent of the GDP.