The lack of competence in the BJP has given rise to a situation where bureaucrats, judges, military people etc., now eye ministerial positions in the govt
Business Standard tries to demystify gender budgeting, its history, and the road ahead
FM's speech must highlight its impact on money supply, demand and investment- factors that influence inflation and growth
From giving a boost to allocation for education to mental health of students and a push to edtech startups, here are the expectations of the experts for education sector from Union Budget 2023
From a tax-free slab of Rs 5 lakh to a higher exemption limit under Section 80C, here is what experts are hoping for in Budget 2023
While experts believe that provision for various social schemes may go up, the sector is unlikely to see any major announcements
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The Budget speech, delivered by the Union Finance Minister consists of two sections - Part A and Part B
The meeting with managing director and CEOs of public sector banks is scheduled to be held on January 19 and largely for reviewing the schemes to promote financial inclusion
Finance Minister Nirmala Sitharaman will keep on the path of fiscal consolidation and opt for narrowing the FY24 fiscal deficit to as low as 5.8 per cent in the upcoming Budget, analysts said Tuesday
Ahead of the Union Budget, Finance Minister Nirmala Sitharaman said on Sunday that she was aware of the pressures of the middle class but also recalled that the present government has not imposed any fresh taxes on them. Sitharaman will present Union Budget for 2023-24 in the Lok Sabha on February 1 amid expectations that the government will raise the income tax limit and provide relief to the middle class taxpayers, besides others. "I too belong to the middle class so I can understand the pressures of the middle class. I identify myself with the middle class so I know," she said while speaking at a function organised by the Panchjanya magazine, an RSS- associated weekly. In the same breath, the minister reminded the audience that the present Modi government has not imposed any fresh taxes on the middle class. Also, she added, income of up to Rs 5 lakh is exempt from the income tax. She said the government has taken various measures like developing the metro rail network in 27 cit
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Strengthening of multilateral institutions a priority, she says as country outlines its vision as G20 president
Companies are reluctant to invest in new factories and plants when existing capacity is not fully utilised
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Finance Minister Nirmala Sitharaman and UK Chancellor of Exchequer Jeremy Hunt on Wednesday discussed bilateral investment and trade issues. The two leaders also discussed issues relating to the G-20, of which India has assumed the Presidency for the current year. "Union Finance Minister Smt. @nsitharaman and the Chancellor of the Exchequer United Kingdom, Mr @Jeremy_Hunt had a telecon today. Both sides discussed about #G20, investment & trade and other bilateral concerns of mutual interest," the finance ministry tweeted.
Revival in capex in the non-corporate sector, which is our MSME (micro, small, and medium enterprises) sector, is beginning now
Underlining the contribution of non-resident Indians, Union Finance Minister Nirmala Sitharaman on Tuesday said remittances sent to the country by overseas Indians were about USD 100 billion for the year 2022, an increase of 12 per cent in one year. Speaking at a session during the Pravasi Bharatiya Divas (PBD) convention in Madhya Pradesh's Indore city, she described NRIs as the "real ambassadors of India" and appealed to them to use made in India products and services as far as possible so that the country's individual brand can be promoted across the globe. Sitharaman also said that after the "China plus one" policy, the world is now talking about the "European Union (EU) plus one" policy. The government is strongly presenting India to multinational companies as a country where they can set up their factories apart from China and the EU, she said. Sitharaman said the Indian diaspora should also partner with small and big businessmen of the country so that the entrepreneurial ski
Nirmala Sitharaman said that for the next 25 years, India is focussing on the four 'I's - Infrastructure, Investment, Innovation and Inclusion
Here is a brief status check of some initiatives that the Finance Minister touched upon in the Union Budget 2022