1 February 2023, 19:43 PM
That's that. FM Sitharaman --as Industry watchers have described --has presented a holistic and growth oriented Budget that has something for everyone. Thanks for joining us in our coverage today. See you again for the live coverage of next Big Biz Event.
1 February 2023, 17:50 PM
Union Budget 2023 LIVE Updates: Unified Skill India Digital Platform to Develop Skills in New-Age Technologies
Kishan Jain, Director at Goldmedal Electricals has appreciated the measures undertaken to emphasize skill development which will drive large-scale employment growth across the country. The launch of a unified Skill India Digital platform is expected to lead the country’s youth to develop skills in new-age technologies that are relevant to Industry 4.0 such as coding, AI, IoT, and more
1 February 2023, 17:22 PM
Union Budget 2023 Today LIVE: FM has Stayed on Course of Fiscal Consolidation Path
Jaideep Arora, CEO, Sharekhan by BNP Paribas said that The Union Budget has delivered on all fronts by laying specific focus on boosting high employment-generating sectors.
"The Union Budget has delivered on all fronts such as substantially higher allocation for capital expenditure, measures to provide impetus to manufacturing sector, especially MSMEs, and focus on boosting high employment-generating sectors such as tourism, start-ups, renewable energy, among others," he said
1 February 2023, 17:22 PM
Union Budget 2023 Today LIVE: Budget Favorable Towards Vision of Digital India
Rajan Navani, Founder and CEO, JetSynthesys and Chairman of the CII Council on Future Businesses called the Budget a progressive and an inclusive one. He said that it is a budget that is especially "favorable towards the vision of Digital India, towards the empowerment of India’s youth, and towards bolstering the spirit of entrepreneurship and innovation amongst the population"
1 February 2023, 13:59 PM
The limit of Rs 3 lakh for tax exemption on Leave Encashment limit raised to Rs 25 lakh
1 February 2023, 13:59 PM
Direct Benefit Transfer under pan India National Apprenticeship Promotion Scheme to be rolled out, to provide stipend support to 47 lakh youth in 3 years
1 February 2023, 13:46 PM
Budget Income Tax Announcements: Concessional Tax Regime Introduced in 2020-21 Tweaked
Tax exemption limit hiked by Rs 50,000 to Rs 3 lakh and number of slabs reduced to five
1 February 2023, 12:48 PM
Net tax revenue foregone because of changes in direct and indirect taxes is Rs 35,000 cr
1 February 2023, 12:33 PM
Govt proposes to make new tax structure as default tax
1 February 2023, 12:34 PM
An individual with income of Rs 15 lakh will have to pay Rs 1.5 lakh tax, down from Rs 1.87 lakh under new tax structure
1 February 2023, 12:34 PM
Budget 2023 LIVE Updates: Big Income Tax Relief
No tax for income up to Rs 3 lakh; 5 pc tax on Rs 3-6 lakh; highest tax rate of 30 pc on income above Rs 15 lakh under new I-T regime
1 February 2023, 12:33 PM
An individual with annual income of Rs 9 lakh will have to pay only Rs 45,000
1 February 2023, 12:27 PM
Budget 2023 LIVE Updates: Processing Time for Income Tax Returns Reduced from 93 Days to 16 Days
Average processing time for income tax returns reduced from 93 days to 16 days. The government intends to roll out next-gen common IT Return forms and strengthen grievance redressal mechanism
1 February 2023, 12:27 PM
Budget 2023 LIVE Updates: Income Tax Slab Increased, No Tax till Rs 7 lakh
FM gives major announces major sop for the common man. Income tax- rebate extended on income up to Rs 7 lakhs in new tax regime
1 February 2023, 12:17 PM
30 Skill India international centres to be set up
1 February 2023, 12:15 PM
Budget 2023 LIVE Updates: Govt to Facilitate 1 Crore Farmers to Adopt Natural Farming
Govt to set up Gowardhan Scheme for promoting circular economy with total investment of Rs 10,000 cr. Govt to take up mangrove plantation along the coastline under the new MISHTI scheme
1 February 2023, 12:15 PM
Green credit programme will be notified to incentivise environmentally sustainable and responsible actions by companies
1 February 2023, 12:14 PM
Green credit programme will be notified under the Environment Protection Act
1 February 2023, 12:13 PM
Govt to spend Rs 10,000 crore per year for urban infra development fund
1 February 2023, 12:13 PM
Govt targeting 5 MT of Green Hydrogen production by 2030
1 February 2023, 12:12 PM
100 labs for developing applications for 5G services will be set up in engineering institutions
1 February 2023, 12:12 PM
Budget 2023 LIVE Updates: Customs Duty on Lab Grown Diamonds to Be Reduced
Govt to provide R&D grant to one of the IITs to encourage indigenous production of lab-grown diamonds in a bid to reduce imports
1 February 2023, 12:02 PM
Budget 2023 LIVE Updates: Govt to bring another dispute resolution scheme under Vivad Se Vishwas-2 to settle commercial disputes
If MSMEs fail to execute contract, 95 pc of performance security will be returned to small business as part of Vivad Se Vishwas
1 February 2023, 12:02 PM
State support mission of Niti Aayog will be continued for 3 years
1 February 2023, 12:01 PM
One stop solution for reconciliation and updating of identity of individuals be established
1 February 2023, 11:55 AM
Phase-III of e-courts will be launched
1 February 2023, 11:54 AM
100 critical transport infrastructure projects have been identified for implementation
1 February 2023, 11:54 AM
Cities will be encouraged to increase creditworthiness for municipal bonds
1 February 2023, 11:54 AM
All cities and towns will be enabled for 100 pc transition of sewers
1 February 2023, 11:54 AM
For enhancing ease of doing business, more than 39,000 compliances have been reduced, over 3,400 legal provisions decriminalised
1 February 2023, 11:53 AM
Three centres of excellence for artificial intelligence will be set up in top educational institutions
1 February 2023, 11:53 AM
Budget 2023 LIVE Updates: PAN to be Used for Common Identifier for All Digital Systems
If MSMEs fail to execute contract, 95 pc of performance security will be returned to small business as part of Vivad Se Vishwas
1 February 2023, 11:52 AM
National Data Governance Policy will enable anonymised data; KYC process will be simplified
1 February 2023, 11:51 AM
Govt to bring National Data Governance policy
1 February 2023, 11:48 AM
Budget 2023 LIVE Updates: PAN to be Used for Common Identifier for All Digital Systems
PAN will be used for common identifier for all digital systems of specified government agencies
1 February 2023, 11:46 AM
Budget 2023 LIVE Updates: Increased Capital Outlay for Infrastructure to Crowd in Private Investment
Capital investment outlay is being increased steeply for third year in a row to Rs 10 lakh crore
1 February 2023, 11:42 AM
A National Digital Library for children and adolescents will be set up for facilitating the availability of quality books across geographies, languages, genres and levels and device-agnostic accessibility
1 February 2023, 11:40 AM
38,800 teachers will be hired for Ekalavya Model Residential Schools
1 February 2023, 11:38 AM
Budget 2023 LIVE Updates: Govt to Launch Rs 2,200 Crore Aatmanirbhar Clean Plant Programme
Govt to launch a Rs 2,200 crore Aatmanirbhar clean plant programme. Pradhan Mantri Primitive Vulnerable Development Commission being launched; Rs 15,000 cr earmarked for next 3 years: FM
1 February 2023, 11:38 AM
Budget 2023 LIVE: New programme to promote research in pharmaceuticals
Facilities in select ICMR labs will be made available for research by public and private medical faculties
1 February 2023, 11:34 AM
Budget 2023 LIVE: Govt plans to set up massive decentralised storage capacity to help farmers
Agriculture credit target increased to Rs 20 lakh cr for FY'24, with focus on animal husbandry, dairy and fisheries
1 February 2023, 11:34 AM
Budget 2023 LIVE: FM Sitharaman Lists Seven Priorities of Budget
Agri accelerator fund will be set up to encourage agri startups in rural areas: FM Sitharaman
1 February 2023, 11:33 AM
Budget 2023 LIVE: FM Sitharaman Lists Seven Priorities of Budget
To enhance yield of extra long staple cotton, government will adopt a cluster-based and value chain approach: FM
1 February 2023, 11:33 AM
Budget 2023 LIVE: FM Sitharaman Lists Seven Priorities of Budget
Four transformative opportunities can be used be in Amrit Kaal for enhancing economic empowerment: FM Sitharaman
1 February 2023, 11:32 AM
Budget 2023 LIVE: FM Sitharaman Lists Seven Priorities of Budget
Digital public infrastructure for agriculture will be built as open source, open standard and interoperable public good: FM
1 February 2023, 11:32 AM
Budget 2023 LIVE: FM Sitharaman Lsts Seven Priorities of Budget
Green growth efforts to help reduce carbon intensity; create green job opportunities: FM Sitharaman.
1 February 2023, 11:31 AM
Budget 2023 LIVE: FM Sitharaman Lsts Seven Priorities of Budget
FM Sitharaman lists seven priorities of Budget, including infra, green growth, financial sector, youth power
1 February 2023, 11:26 AM
Budget 2023 LIVE: Large Potential to be Tapped in Tourism
Large potential to be tapped in tourism; promotion of tourism to be taken up in mission mode: FM Sitharaman
1 February 2023, 11:15 AM
Union Budget 2023 LIVE: Govt Made Cash Transfer of Rs 2.2 Lakh Crore Under PM-KISAN
9.6 cr LPG connections, 220 cr Covid vax for 102 cr people given, 47.8 cr JanDhan accounts opened: FM Sitharaman
1 February 2023, 11:25 AM
Union Budget 2023 LIVE: Govt Made Cash Transfer of Rs 2.2 Lakh Crore Under PM-KISAN
Indian economy has become more formalised as witnessed by significant enhancement in digital payments: FM Sitharaman
