Photo Credit: Instagram/Nirmala Sitharaman
Here are the must reads for understanding this year's budget.
India’s fiscal deficit for the ongoing financial year settled in line with the government's budget estimates.
Photo Credit: Nirmala Sitharaman/Facebook
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The central government continued its focus on capital expenditure for 2023–24 to aid economic recovery.
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The new tax regime will now be the default option. But you still can opt for the old one.
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The government's subsidy bill overshot the FY23 budget estimates.
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Viability-gap funding for battery storage and government assistance for the setting up of renewable power will help green growth.
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Finance Bill, 2023, proposes to change the angel tax provision.
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Budget 2023 has proposed a steep increase in the rates of tax collected at source for certain remittances.
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Budget 2023 does away with a tax loophole that unitholders of REITs and InvITs benefited from.
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The outlay for the railways is nine times the amount provided in 2013-2014, Sitharaman said.
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The scheme was launched in August 2000 and Sitharaman had proposed a revamp in Budget 2022.