Union Budget 2023: 39,000 Compliances Reduced for Ease of Doing Business
To enhance the ease of doing business, over 39,000 compliances have been reduced, and over 3,400 legal provisions with criminal implications have been diluted, Finance...
Tag : finance minister Nirmala Sitharaman
Union Budget 2023: Ayushman Bharat Allocated Rs 7,200 Crore
Finance Minister Nirmala Sitharaman, in her Budget 2023-24, increased the allocation for Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to Rs 7,200 crore, while that...
Union Budget 2023: Key Changes in Income Tax Regime
Finance Minister Nirmala Sitharaman’s budget introduced several changes to income tax. The changes are “mainly for the hard-working middle class,” she said. Currently, those earning...
Union Budget 2023: FM Lauds Rs 19,700 Crore Green Hydrogen Mission as Part of India’s Climate Pledge
Finance Minister Nirmala Sitharaman said in her budget speech on February 1 that the recently launched Rs 19,700 crore National Green Hydrogen Mission would facilitate...
Union Budget 2023: FM Retains Revised Estimate for FY23 Fiscal Deficit of 6.4% of GDP
Finance Minister Nirmala Sitharaman on February 1 pegged the government’s fiscal deficit for 2023-24 at 5.9% of gross domestic product (GDP), signalling the government’s intention...
Union Budget 2023: Indian Railways Capex Allocation Rises to Record High at Rs 2.4 Lakh Crore
Indian Railways will get a capex boost of Rs 2.4 lakh crore in 2023-24, a 65.6% increase compared to 2022-23. “Capex for Indian Railways has...
Finance Ministry Finalises Framework for Sovereign Green Bonds
According to people familiar with the matter, Finance Ministry has finalised the framework for issuing sovereign green bonds that meet global standards. The government intends...
Govt Raises DA by 4% Under 7th Pay Commission
On September 28, Minister of Information and Broadcasting Anurag Thakur announced that under the 7th Pay Commission, the Union Cabinet has increased the Dearness Allowance...
India Gets Rs 35,000 Crore from Discounted Russian Crude
According to the Times of India, India has made nearly Rs 35,000 crore by importing Russian crude oil at a discount since the outbreak of...
Centre to Fast-Track Divestment of Bharat Earth Movers and Shipping Corp
In the coming months, the central government may seek to strategically disinvestment of Bharat Earth Movers Limited (BEML) and the Expressions of Interest (EoI) from...