Union Budget 2023 24

February 22, 2023 10:05 AM IST

How effective were agriculture development funds announced in Budgets

The role envisaged for the Union government in these funds is limited to helping the creation of an ecosystem that supports long-term debt financing through priority sector lending

RBI report says the Union Budget is the seventh horse in the sun’s chariot

RBI Bulletin’s state of the economy report says the Indian economy has decoupled from the rest of the world, thanks to the Union Budget

Gross capital formation was the mainstay of GDP growth in last 3 years

Capital formation had slowed down considerably after 2012-13 as the investment cycle turned, but it’s moving up again now 

Budget 2023: Infrastructure investment to give employment a big boost

With forward and backward linkages to at least 250 industries and 70 trades, construction has the potential to generate lakhs of crores of jobs, if the planned investment gets off the ground

Are businesses poised for capex? What the RBI surveys say

Surveys of consumer confidence, capacity utilisation, physical investment in infrastructure and bank lending show that a revival of private capex is on the anvil 

Budget 2023: Pragmatic and inclusive, not populist

The Modi government has sent out a strong message that it stands for the poorest of the poor and does not believe in crony capitalism, but equally, it stands for wealth creation

Budget 2023: Some relief and some pain for high net-worth individuals

Budget 2023 attempts to expand the tax base by reducing several benefits available to HNIs. As a result, many go-to investment options for HNIs may relatively become less tax effective now

Budget 2023: Expect only committed crypto players to stay invested in India

The current tax regime for the VDA sector will continue for the next one year or perhaps till the next general elections. As such, there may not be any immediate reversal of the recent exodus to better jurisdictions

Budget 2023: Angel tax a dampener for Indian companies seeking FDI

Subjecting the RBI-regulated FDI to angel tax will be viewed as a negative step by the global investor community intending to participate in the India growth story keenly

Budget 2023: A glimmer of hope on the rural jobs front

If the recovery from the pandemic is complete, as the Economic Survey has said, spending under the rural jobs guarantee programme, which increased from Rs 61815 crore in 2018-19 before the pandemic to a massive Rs 98468 crore in 2021-22, should also be brought back to pre-pandemic levels. That is precisely what the government has done

Budget 2023: With capex thrust and fiscal shield, the budget tells India's growth story loud and clear

Through fiscal discipline, achieving growth without succumbing to stimulus demands, and emphasis on capital expenditure and private investment, a solid foundation has been laid for the financial sector to help India’s leap to a $7 trillion economy by 2030

Moneycontrol Pro Panorama | Will the MPC signal a pause? 

In today’s edition of Moneycontrol Pro Panorama: Market outlook for automakers gets a lift, will GST Council come up with wider reforms, subsidies can upset fiscal math, ChatGPT as an alternative to search engines, and more

Budget 2023: Fertiliser, food subsidies can upset fiscal math

Higher cost of production due to the elevated cost of gas could increase the subsidy outgo on fertilisers during 2023-24 as would the extension of the free foodgrain scheme beyond December 2023

To actualise the green budget, we need Green GDP calculation and a climate change ministry

Strong institutions are needed to make India’s ambitious green economy plans a reality. A dedicated ministry for climate change and Green GDP calculations will yield concrete institutional frameworks and targets to achieve

Budget 2023: A budget that keeps the spotlight on resource building

To the extent that this annual exercise is a window into the government's thinking and vision for the future, Budget 2023, dares to be different

Budget 2023 disappointing for private investment in infrastructure

It is imperative that while solving the twin objectives of inclusion and growth, we integrate the twin sources of funding – public as well as private investment – in this direction too. In that regard, the budget for 2023 has a lot left to be desired

Tax changes in Budget 2023 to boost consumption & savings

The Budget has presented a pragmatic approach to achieve holistic and inclusive economic development in the country. Those staying invested in India are quite likely to earn the dividends of this growth story as it evolves

Moneycontrol Pro Panorama | Budget 2023: Bonds jump in joy, stocks sulk

In today’s edition of Moneycontrol Pro Panorama: Old Pension Scheme is not a gamechanger, bitcoin makes a comeback, big firms stand to benefit from new tax regime, three unanswered questions from Budget 2023, and more

How Budget 2023 benefits the middle class, startups and MSMEs

While Budget 2023 is inclusive, it incorporates measures to restrict misuse of tax concessions and clarifies the government’s position on certain issues 

Budget 2023: What were the incentives for tourism?

Budget 2023: How green was it?

Budget 2023: What were the ‘Vishwas’-building measures?

Budget 2023: Making India the next research, innovation and bio-manufacturing hub of the world

Risky investments in pharma R&D need a helping hand from the government. Encouragement for pharma research, upward trending public healthcare spending is good news for industry, citizens

Budget 2023: Investors should keep laser focus on relative valuations across sectors

The budget’s fine balancing act means investors will go back to looking at factors such as earnings and valuations to determine investment decisions 

Budget 2023: Higher road capex puts EPC companies in spotlight

Apart from railways, roads and highways saw a large jump in allocation in the Union Budget 2023-24.