Nirmala Sitharaman, India’s Minister of Finance, presented the highly-anticipated Union Budget 2023-24 to Parliament on February 1st, 2023. The budget was framed with the theme of “inclusiveness,” with a focus on uplifting the welfare of women, children, Scheduled Castes, and Scheduled Tribes with the overarching aim of India at 100 kept in mind. In line …
The Union Budget is perhaps the most awaited event for general Indians and investors alike. Before the year’s Union Budget is presented on February 1, 2023, let’s see what the common Indian taxpayers expect this year. Basics of the Indian tax system Before we discuss the taxpayers’ expectations, let’s get the basics sorted. Tax is …
The Union Budget for FY24 will be presented on February 1, 2023. Following the traditions, the Finance Minister tabled the Economic Survey 2023 in the parliament on January 31, 2023. Here are the key highlights of the Economic Survey. What is the Economic Survey? The Economic Survey report is presented on the eve of the …
The Union Budget is critical for maintaining the economic advancements of the country. As guided by Article 112 of the Constitution of India, the central government must present a yearly budget before the beginning of the financial year. The Union Budget 2023 is significant for various reasons. It will be the last full-fledged budget before …
In Budget 2022, Finance Minister Nirmala Sitharaman proposed to extend the scope of bonus stripping to include share transactions under the umbrella. This will disallow the investors from setting off the derivatives market profits with cash market losses. The step has been taken to plug the loophole that was being taken advantage of by many …
On February 1, Finance Minister Nirmala Sitharaman will introduce the Union Budget 2022. The Budget is likely to have a supporting and enabling role in the ongoing third wave of the pandemic. Last year, the majority of Dalal Street’s sectors managed to provide investors with a respectable quantity of solid returns. Experts are positive on …
The Foreign Trade Policy (FTP) is an important element in the Union Government’s strategy to promote India’s export growth. The purpose behind this policy is to create a healthy environment for the country’s businesses to thrive. The FTP aims to support the country’s economic growth by making foreign trade a major contributor. The FTP has …
According to sources, the budget session 2022 of Parliament will begin on Monday, January 31, 2022, with President Ram Nath Kovind addressing both chambers. The session will be split into two halves, with the first ending on February 11 and the second on February 18. Part two of the session, which will begin on March …
Nirmala Sitharaman, the Finance Minister, will submit her fourth Union Budget on February 1st. The novel coronavirus type that has entered India is expected to have a negative impact on the economy this year. This will be reflected in the financial markets, which have become more volatile in the run-up to the annual event. Any …
Back in 2014, when Finance Minister Arun Jaitley presented his Union Budget, he mentioned that Budget proposals were only a stepping stone towards the continued growth of 7-8% in the upcoming 3-4 years. Other factors would also contribute to macroeconomic stabilization, apart from the budget proposals. These secondary factors are: Lower inflation levels A manageable …
