budget
- India
FM proposes to do away with tax exemptions on high value life insurance policies
New Delhi: Maturities of life insurance policies with an annual premium of Rs 5 lakh and above taken after April 2023 will now be taxed after Finance Minister Nirmala Sitharaman removed the…
- Telangana
‘Injustice to Telangana once again’: BRS slams Budget
Hyderabad: Telangana’s ruling party Bharat Rashtra Samithi (BRS) has slammed the Union Budget saying that the state has once again received a “raw deal” in the Union Budget. In his reaction to…
- India
Government refuses to comment on Adani Group crisis
New Delhi: The government on Wednesday refused to comment on the fraud allegations levelled by a US short seller on Adani Group, which triggered a massive USD 90-billion rout in the group…
- India
Budget reduces surcharge on HNIs, brings down India’s highest income tax rate to 39 pc
New Delhi: The Budget 2023-24 proposes to lower India’s highest rate of income tax to 39 percent, from 42.74 per cent at present, by reducing the surcharge applicable on high net-worth individuals.…
- India
‘Callous’ Budget has betrayed hopes of vast majority of people: Chidambaram
New Delhi: Congress leader P. Chidambaram on Wednesday accused the government for ignoring the common man behind, saying the absence of key concerns in Finance Minister Nirmala Sitharaman’s Budget speech showed how…
- Business
PM thumps desk 124 times during Sitharaman’s shortest-ever budget speech
New Delhi: Union Finance Minister Nirmala Sitharaman on Wednesday delivered her shortest-ever Budget speech of 86 minutes. This was her fifth budget speech. Her budget speech in 2022 ended in about 92…
- Technology
Budget 2023: 2 AI centres of excellence, 100 5G labs for developing apps
New Delhi: Three centers of excellence for artificial intelligence in top educational institutions and 100 labs in engineering institutions for developing applications using 5G services will be set up, Union Finance Minister…
- Bangalore
Budget: Centre earmarks Rs 5,300 cr for Upper Bhadra project in Karnataka
Bengaluru: Union Finance Minister Nirmala Sitharaman on Wednesday said the Centre would provide Rs 5,300 crore assistance for the Upper Bhadra project in poll-bound Karnataka. In her budget speech in Parliament, Sitharaman…
- India
Highest-ever capital outlay of Rs 2.40 lakh crore for railways in budget
New Delhi: The capital outlay for the railways has been increased to the highest-ever Rs 2.40 lakh crore in the Union Budget for 2023-24, Finance Minister Nirmala Sitharaman said on Wednesday. Presenting…
- India
PAN will be used as common identifier for all specified govt agencies: FM
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said Permanent Account Number (PAN) will be used for common identifier for all digital systems of specified government agencies. The move would help in…
- Bangalore
Will be pro-people Union Budget, that will support growth of economy: Karnataka CM Bommai
Bengaluru: Karnataka Chief Minister Basavaraj Bommai on Wednesday said that the Union Budget 2023 will be a “pro-people” budget that will support the growth of the economy Talking to reporters, CM Bommai…
- Business
Union Cabinet meeting begins ahead of Budget presentation
New Delhi: The Union Cabinet meeting chaired by Prime Minister Narendra Modi began here on Wednesday. The meeting comes ahead of the Budget 2023-24 which will be tabled by Finance Minister Nirmala…
- India
FM Sitharaman meets President Murmu ahead of Union budget presentation
New Delhi: Ahead of the tabling of the Union budget 2023 in Parliament on Tuesday, Finance Minister Nirmala Sitharaman along with ministers of state Pankaj Chaudhary and Bhagwat Karad and Finance Secretary…
- India
Sensex jumps 517 points to hit 60,000 in early trade ahead of Budget
Mumbai: Equity benchmarks climbed in early trade on Wednesday amid an overall positive trend in the global markets and ahead of the presentation of Union Budget 2023-24. The 30-share BSE benchmark Sensex…
- Telangana
Telangana govt invites Governor to address joint Assembly session
Hyderabad: Telangana Governor Tamilisai Soundararajan will be addressing a joint session of the Assembly and the council after a gap of almost a year. Legislative affairs minister Vemula Prasanth Reddy along with…
