Articles tagged under: Union Budget 2023

PM Modi addresses post-budget webinar on ‘Green Growth’

February 23, 2023
PM Modi addresses post-budget webinar on ‘Green Growth’

New Delhi: The Prime Minister, Shri Narendra Modi addressed the post-budget webinar on ‘Green Growth’ today. It is the first of a series of 12 post-budget webinars organized by the government to seek ideas and suggestions for the effective implementation of the initiatives announced in the Union Budget 2023. Addressing the gathering, the Prime Minister remarked that all the budgets tabled in the country after 2014 have been forwarding new-age reforms apart from finding solutions to the ch...Read More

PM Modi to address 12 post-budget webinars to be held between 23rd Feb and 11th March

February 22, 2023
PM Modi to address 12 post-budget webinars to be held between 23rd Feb and 11th March

New Delhi: Prime Minister Shri Narendra Modi will address 12 post-budget webinars which will be held between 23rd February and 11th March, 2023. These webinars are being organised by various Ministries/Departments to build on the “Saptarishi” Priorities outlined in the Union Budget 2023-24. The government under the leadership of Prime Minister has undertaken several budgetary reforms in the past few years. The date of budget was preponed to 1st February so that Ministries and Department...Read More

Big allocation for bullet train project; Boost to lab-grown diamond industry in union budget: Sushil Modi

February 04, 2023
Big allocation for bullet train project; Boost to lab-grown diamond industry in union budget: Sushil Modi

Gandhinagar: Former Deputy Chief Minister of Bihar and Rajya Sabha MP Sushil Modi, today addressed the media in Gandhinagar on the recently tabled Union Budget 2023-24. The BJP leader highlighted two major announcements regarding Gujarat, one was about Lab Grown Diamonds, and another one was about Ahmedabad Mumbai Bullet Train. Sushil Modi while addressing the media, said, "Rs. 19,600 crores have been allocated to bullet train project connecting Sabarmati to Bandra Kurla Complex in the recent...Read More

Record high allocation for Railways in Gujarat in union budget: Railway Minister

February 04, 2023
Record high allocation for Railways in Gujarat in union budget: Railway Minister

Gandhinagar: Provision for allocation of Rs. 8,332 crore has been made in the union budget for Railways in Gujarat. This is a record allocation for Gujarat, said Railway minister Ashwini Kumar while reacting to a media query. He said the average allocation for Gujarat in the domain of Railways from 2009 to 2014 was Rs. 589 crores. Compared to this, the allocation provisioned in the recently presented union budget for railways in Gujarat is 14 times more. The railway minister further stated that ...Read More

This Budget gives priority to deprived: PM Modi on Union Budget 2023

February 01, 2023
This Budget gives priority to deprived: PM Modi on Union Budget 2023

New Delhi: Prime Minister, Shri Narendra Modi remarked that the first budget in the Amrit Kaal of India has established a strong base to fulfill the aspirations and resolutions of a developed India. He said that this budget gives priority to the deprived and strives to fulfill the dreams of the aspirational society, the poor, villages and the middle class. He congratulated the Finance Minister and her team for a historic Budget. The Prime Minister termed the traditional artisans like carpente...Read More

GIFT IFSC in Union Budget 2023

February 01, 2023
GIFT IFSC in Union Budget 2023

Gandhinagar: Union Finance Minister Nirmala Sitharaman, on Wednesday, in her Budget speech, made some important announcements to enhance business activities in GIFT IFSC. The measures that will be taken in this regard are as follows:  ~ Delegating powers under the SEZ Act to IFSCA to avoid dual regulation, ~ Setting up a single window IT system for registration and approval from IFSCA, SEZ authorities, GSTN, RBI, SEBI and IRDAI,  ~ Permitting acquisition financing by IFSC Banking Un...Read More

Important announcements about Lab Grown Diamonds in Budget 2023

February 01, 2023
Important announcements about Lab Grown Diamonds in Budget 2023

Surat:  In an important announcement that would benefit the emerging Lab Grown Diamonds industry in Surat and elsewhere, Union Finance Minister Nirmala Sitharaman, on Wednesday, in her Budget speech, declared a Reduction in basic customs duty on the seeds used in the manufacturing of rough lab-grown diamonds from 5% to nil.  Sitharaman said, “India is a global leader in cutting and polishing of natural diamonds, contributing about three-fourths of the global turnover by value. With the ...Read More

Union Budget 2023: No Personal Income tax up to Rs 7 lakhs, Tax slabs revised

February 01, 2023
Union Budget 2023: No Personal Income tax up to Rs 7 lakhs, Tax slabs revised

New Delhi: Presenting the last full-fledged Budget of the Modi government ahead of the 2024 general elections, Union Finance Minister Nirmala Sitharaman on Wednesday announced that the Rebate limit for personal income tax has been increased from ₹ 5 lakhs to ₹7 lakhs for Income tax payers in the new tax regime. She also announced that the new tax regime will be the default tax regime. Citizens will however have the option to be in the old tax regime. As per the new regime, the tax reba...Read More