‘IT rebate hiked to income of Rs 7 lakh’
Finance Minister Nirmala Sitharaman today proposed to increase the tax rebate to Rs 7 lakh under New Tax Regime. This means no tax will be levied on income up to Rs 7 lakh under New Regime. Presenting the Union Budget for 2023-2024 in the Parliament today, Nirmala Sitharaman said that the New Tax Regime will be the default tax regime.
Good news for senior citizens in Union Budget
The maximum deposit limit has been increased from Rs 15L to 30L for senior citizens, from …
Banking Regulation Act proposed in Union Budget
To improve bank governance, Banking Regulation Act has been proposed. SEBI will be ….
For the welfare of MSMEs
If MSMEs fail to execute contract, 95 pc of performance security will be returned to small business as part of Vivad Se Vishwas
‘Capital outlay of Rs 2.40 lakh cr for Railways’
Capital outlay of Rs 2.40 lakh credit has been allocated for Railways in next financial year, says Nirmala Sitharaman.
‘PAN to be used as common Biz identifier’
PAN to be used as common number for those doing businesses, said Finance Minister.
Presenting the Union Budget, Nirmala Sitharaman
’50 additional airports soon’
50 additional airports, heliports will be provided for regional air connectivity, said Union Minister Nirmala Sitharaman.
Capital investment outlay increased, says FM
After subdued period of pandemic, capital investment outlay will be increased steeply by 33% to …
National Digital Library for children to be set up:FM
National Digital Library for Children and Adolescents will be set up across genres. States will be encouraged to set up physical libraries….
