The Survey’s gross domestic product growth projections for 2023-24 and estimates for the current year will be among the most tracked pieces of statistics.
The Economic Survey for 2022-23 is likely to present a roadmap that will cement India's position as a manufacturing destination for global corporate biggies and also unveil a blueprint on boosting job creation.
12 hours of livestreaming minute-by-minute analysis of Budget 2023-24; live blog with commentary from Moneycontrol editors and Crisil analysts; experts including Shankar Sharma, Saurabh Mukherjea, and Sankaran Naren decode the budget and its impact on consumers, taxpayers, savers and investors.
High inflation and widening trade deficit that posed macroeconomic stability challenges last year will lessen in severity, but growth will taper off too, Bhandari said in an interview Monday with Bloomberg Television’s Rishaad Salamat. “It’s hard for the two to co-exist.”
Shrinking the deficit which hit a record 9.2% of gross domestic product during the first year of the pandemic is necessary for Asia’s third-largest economy to improve its credit rating currently at the lowest investment grade.
Which budget had the highest allocation for agriculture so far – and when was the 'bahi khata' introduced? While we count down to the Union Budget 2023, watch this video to get to know some interesting titbits about recent budgets!
Budget 2023: The finance minister should double the tax deduction allowed on home loan interest to Rs 4 lakh and bring taxability of gain on the sale of property at par with that of listed shares
As the Union Budget is just around the corner, we hit Delhi streets to test people's knowledge about some key terms related to the Budget. So let's see how much Delhiites know about the fiscal policy
Given the government’s continued focus on growth, we expect the capex investment trend to continue in 2023, and probably be higher than last year’s investment
CLSS covers middle income group beneficiaries seeking housing loans for acquisition/ construction of houses (including re-purchase) from banks, housing finance companies and other notified institutions.
In a business-as-usual scenario, there won’t be any respite from a high fertiliser subsidy. Things could change if the Modi government plays the hard ball in Budget 2023 by going for measures such as urea decontrol and direct benefit transfer (DBT) or a significant increase in maximum retail price
Experts predict a lot of volatility given the Union Budget week, but if the Nifty manages to hold the 50 WEMA, then there are fair chances that the index can easily surpass the 17,800-18,200 zone in the coming days, followed by 18,500
Varun Lohchab of HDFC Securities expects that the markets to respond favourably if the status quo is upheld for LTCG (long term capital gains).
The industry leaders have pitched for re-evaluating India’s role in the global pharmaceuticals sector with innovation and technology as cornerstone.
MSME Budget 2023 Expectations: MSME sector experts seek better access to credit for expanding their business, a more simplified tax system, and incentivising structure.
A combination of incentives and tax breaks and clarity on rules will help unleash the animal spirits of India’s start up entrepreneurs
The Economic Survey 2023 will be tabled by Finance Minister Nirmala Sitharaman on January 31 after the budget session of Parliament begins at 11:00 am
Both Sensex and Nifty have declined 2 percent each in January so far. Major equity markets started gaining since the start of this year.
Also, the healthcare industry needs measures to improve ease of doing business to remove deterrents for investments and financing.
Prashant Pimple of Baroda BNP Paribas Mutual Fund expects FY23 to stick to approximately 6.4 percent FD/GDP in line with last year's budget and FY24BE to target fiscal deficit of around 6 percent of GDP, on path of fiscal consolidation.
Budget 2023 Live Updates: The 80C limit was last revised from Rs 1 Lakh to 1.5 Lakhs in FY 2014-15, 8 years back, when the Cost Inflation Index (CII) was 240. It is 331 now and considering current inflation only at 6%, it comes out to about 351 for the next FY for which this increase is being discussed. Experts feel, government must enhance deduction limits of various tax-saving instruments and widen the scope of Section 80C to encourage investments.
Since global mobility has become a common trend in recent times, a clear provision in the tax laws is required to eliminate the ambiguity regarding taxation of ESOPs for employees
Budget 2023: Under the income tax law, gains arising on the transfer of capital assets — both movable and immovable — are charged to tax under the head 'Capital Gains'. The tax rate is different for different asset classes.
The Union Budget, which will be presented in Parliament on February 1, will be the last full-fledged budget of the Modi government before the 2024 general elections.
Union Budget speeches are known to go on for hours. On many occasions, finance ministers have made them colourful by including poetic verses, and quotes from famous writers. Ahead of Budget 2023, here is a look at five of those moments.