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Jan 29, 2023 12:47 PM ISTUnion 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.
Jan 28, 2023 09:48 AM IST In this week, Indian rupee fell 40 paise against the US dollar to close at 81.52 per dollar on January 27 against its January 20 closing of 81.12.
Jan 26, 2023 06:49 PM IST The halwa ceremony, marking the final stage of the Budget 2023 preparation process, was held in North Block on January 26, in the presence of Finance Minister Nirmala Sitharaman. A customary halwa ceremony is performed every year before the “lock-in” process of budget preparation begins.
Jan 26, 2023 07:16 AM IST Ahead of the budget, insurance companies also want finance minister Nirmala Sitharaman to accept their demand to exempt the principal component of annuities, or pension income from tax
Jan 26, 2023 07:15 AM IST The exemption allowed for long-term capital gains on equity investments need to be further enhanced to account for inflation, rising income levels and to encourage more investors into equity markets, say analysts
Jan 23, 2023 12:40 PM IST Union Finance Minister Nirmala Sitharaman will be presenting the Budget 2023-24 on February 1. RK Shanmukham Chetty presented the first Union Budget of independent India on November 26, 1947. On February 1, 2021, Sitharaman presented the first paperless budget due to the COVID-19 pandemic. Let’s take a look at some of the interesting facts to know about the key annual financial statement.
Jan 20, 2023 04:45 PM IST The new parliament building reflecting aspirations of 135 crore Indians is being built alongside the existing parliament building. The new building will have a built-up area of about 65,000 square metre. Its triangular shape ensures optimum space utilization. Here's how the new building will look from inside.
Jan 18, 2023 12:46 PM IST The government is in the process of finalising the Budget document to be presented on February 1. Ahead of the Union Budget 2023-24, Sitharaman said she identifies herself as middle class and also understands the problems faced that section of the people.
Jan 10, 2023 08:39 AM IST AMFI, the Association of Mutual Funds of India, has asked for uniform capital gains taxation and better tax treatment for ETFs, from Budget 2023
Jan 09, 2023 10:44 AM IST Increased cost of healthcare for senior citizens, particularly post COVID-19, warrants a higher deduction limit for premiums as well as routine medical expenses, say financial planners. A higher deduction for interest earned on fixed deposits would also bode well for senior citizens, in Budget 2023.
Jan 06, 2023 03:55 PM IST Union Finance Minister Nirmala Sitharaman will present the Union Budget 2023-24 in the Parliament on February 1, 2023. Some of the terms used in the Budget can be difficult to understand. Here’s a Budget glossary with some of the important terms to help you understand Budget ahead of the upcoming annual Budget 2023.
