
India to get fuel at far cheaper rate than anyone else: FM
India continues to import fuel at a far cheaper rate despite the energy prices going through the roof due to Ukraine crisis, says Nirmala Sitharaman.
India continues to import fuel at a far cheaper rate despite the energy prices going through the roof due to Ukraine crisis, says Nirmala Sitharaman.
The FM introduced the new personal income tax regime with six income slabs starting from ₹2.5 lakh in 2020.
Finance Minister's focus on capital investment to ₹10 lakh crore, 3.3 % of GDP will spur growth. Budget will propel investment by the private sector, says RP-Sanjiv Goenka Group Chairman Sanjiv Goenka
Finance Minister Nirmala Sitharaman hikes the income tax rebate limit to ₹7 lakh from ₹5 lakh under the new tax regime.
The fiscal deficit for 2023-24 is estimated at 5.9% of the GDP, says Finance Minister Nirmala Sitharaman.
FM was suffering with symptoms of viral fever, say sources.
India has moderately high debt and deficit levels, but the imperatives to push demand, correct K-shaped distortions and global experiences far outweigh the need for fiscal consolidation.
Finance minister Nirmala Sitharaman says the outstanding debt of the central government has been coming down since 2013-14 till the country was hit by Covid-19.
FM Nirmala Sitharaman said as of now we are catching the smaller operators while the big fish handling everything from remote is still at large.
According to Jakhar, the lack of capacity in government organizations is compelling ministries and policy think tanks like Niti Aayog to form partnerships to fill the gap.