Budget 2023: Online gaming firms reap big
The government in the Finance Bill has made a critical distinction between games of skill and games of chance, classifying them into separate sections.
union budget
February 2023
January 2023
December 2022
Budget 2023: Govt increases CAPEX target by 33% to ₹10 lakh cr
Extending support to the state governments, the government has enhanced an outlay of ₹1.3 lakh crore.
Budget 2023: Current account deficit widens to $36bn; 4.4% of GDP
The current account deficit (CAD) widened to $36.4 billion in Q2 FY23, from $18.2 billion in Q1 of the fiscal.
Budget 2023: Disinvestment target: Hits and Misses
The central government has achieved only ₹31,000 crore of the targeted ₹65,000 crore.
Budget 2023: Need to be inclusive to eradicate wealth inequality in India
This being the last full year budget before the general elections due in May 2024, it will be interesting to see how the government balances fiscal prudence and provides support for growth.
Budget 2023: Allow full tax deduction on home loan interest on one property, says PHDCCI
PHDCCI has suggested several tax measures such as tweaks in Section 54 of I.T. Act to boost the real estate sector.
Budget 2023: Tax relief needed amid high inflation, interest rates, say experts
Ahead of the Budget, experts are of the view that the exemptions and tax slabs in the personal income tax regime need a relook.
Budget 2023: Avoid higher taxes, extend presumptive tax to service sector
Speaking at Fortune India’s pre-budget roundtable, Congress party spokesperson Gourav Vallabh called for the introduction of wealth tax and market capitalisation based taxation.
Budget 2023: A case for stronger fiscal push
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.
Defence & aerospace industry expects sops from Budget 2023
Industry expects Budget to focus on R&D, speedy orders and creation of testing facilities to support innovation and to create an ecosystem for the defence & aero industry.
