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India's growth rate is the highest among all the major economies. • The G20 Presidency gives us a unique opportunity to strengthen India's role in the world economic order. • In these 9 years, the Indian economy has increased in size from being 10th to 5th largest in the world.
The Union Finance Minister Nirmala Sitharaman on the 1st of February 2023 presented the last full-fledged Budget of the current government before the next Lok Sabha elections due in 2024. The Union Budget 2023-24 aims to build on the foundation laid in the previous Budget, and formulates a blueprint for India@100.
SUMMARY OF THE UNION BUDGET 2023-24. In the 75th year of India’s Independence, the World has recognized the Indian Economy as a ‘bright star’ as the Economic Growth is estimated at 7 per cent, which is the highest among all major economies, in spite of the massive global slowdown caused by COVID-19 and Russia-Ukraine War.
Feb 6, 2023 · The Union Budget for FY 2023-24 this year aims to further strengthen India's economic status. In the 75th Year of India's Independence, the World has recognized the Indian Economy as a ' bright star ' with its Economic Growth estimated at 7 per cent, which is the highest among all major economies.
HIGHLIGHTS OF THE UNION BUDGET 2023-24. The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today. The highlights of the Budget are as follows: PART A. Per capita income has more than doubled to ₹1.97 lakh in around nine years.
BUDGET 2023-2024. The list of Budget documents presented to the Parliament, besides the Finance Minister’s Budget Speech, is given below: Annual Financial Statement (AFS) Demands for Grants (DG) Finance Bill. Fiscal Policy Statements mandated under FRBM Act: Macro-Economic Framework Statement.
Jan 31, 2023 · Among the key features of the Union Budget 2023 were major changes introduced to the personal income tax structure in the country. The tax rebate limit increased to Rs 7 lakh from Rs 5 lakh...
01-February,2023. Union Budget to give a boost to exports and manufacturing. 01-February,2023. Defence gets Rs 5.94 lakh crore in Budget 2023-24, a jump of 13% over previous year. 01-February,2023. Shri Dharmendra Pradhan lauds Budget 2023 as inclusive, people-centric and growth-stimulating Budget. 01-February,2023
UNION BUDGET 2023-24 PRESENTS VISION FOR AMRIT KAAL-BLUE PRINT FOR AN EMPOWERD AND INCLUSIVE ECONOMY. THREE PRONGED FOCUS DRIVEN BY FOUR TRANSFORMATIVE OPPORTUNITIES CONSTITUTE FOUNDATION OF AMRIT KAAL. CAPITAL INVESTMENT OUTLAY INCREASED BY 33% TO Rs. 10 LAKH CRORE. EFFECTIVE CAPITAL EXPENDITURE AT 4.5% OF GDP.
Feb 2, 2023 · The Finance Minister of India introduced the last full-fledged Union Budget (for 2023-24) before the Lok Sabha elections of 2024. What are the Constitutional Provisions regarding Budget? According to Article 112 of the Indian Constitution, the Union Budget of a year is referred to as the Annual Financial Statement (AFS).
