FM Nirmala Sitharaman Says Centre to provide 5,300 cr assistance to the drought-prone central region of Karnataka

FM Nirmala Sitharaman Says Aim to bring Fiscal deficit below 4.5% of GDP by 2025-26

FM Nirmala Sitharaman Says Fiscal deficit for 2023-24 at 5.9%

FM Nirmala Sitharaman Says The revised fiscal deficit is at 6.4% of GDP

FM Nirmala Sitharaman Says Lab Grown Diamonds is a technology-and innovation-driven emerging sector with high employment potential. These environment-friendly diamonds which have optically and chemically the same properties as natural diamonds. To encourage indigenous production of LGD seeds and machines and to reduce import dependency, a research and development grant will be provided to one of the IITs for five years. 75. To reduce the cost of production, a proposal to review the custom duty rate on LGD seeds will be indicated

FM Nirmala Sitharaman Says Battery energy storage management systems to be supported with funding

FM Nirmala Sitharaman Says Circular economy - GoBarDhan scheme for biogas promotion

FM Nirmala Sitharaman Says Enterprise-level Digilockers for MSMEs , trusts and other entities to be introduced

FM Nirmala Sitharaman Says To enable more fintech innovation, the scope of documents available in DigiLocker to be expanded

FM Nirmala Sitharaman Says Income above Rs 15 lakh to be taxed at Rs 30%

FM Nirmala Sitharaman Says Income above Rs 12 lakh and up to Rs 15 lakh to be taxed at 20% under new regime

FM Nirmala Sitharaman Says Income of above Rs 6 lakh and up to Rs 9 lakh to be taxed at 10% under new regime

FM Nirmala Sitharaman Says Income above Rs 3 lakh and up to Rs 5 lakh to be taxed at 5% under new regime

FM Nirmala Sitharaman Says Under new tax regime, income of Rs 0-3 lakh is nil

FM Nirmala Sitharaman Says The new tax regime will now be the default tax regime, but citizens can still avail of benefits under old tax regime on opt-out basis

FM Nirmala Sitharaman Says Average processing time for income tax returns reduced from 93 days to 16 days

FM Nirmala Sitharaman Says The govt proposed Customs duty exemptions on the import of capital goods and machinery required for lithium-ion batteries. The government also proposes to increase customs duty on silver to align with duty on gold and platinum

FM Nirmala Sitharaman Says 100 labs for developing apps using 5G services will be set up in engineering institutions. To realise new range of opportunities, business models & employment potential, labs will cover among others, apps like Smart Classrooms, Precision Farming, Intelligent Transports Systems & Healthcare

FM Nirmala Sitharaman Says The government will set up a National Financial Information Registry to serve as a central repository of financial and ancillary information

FM Nirmala Sitharaman Says There is a large potential to be tapped in tourism. The sector holds huge opportunities for Jobs and Entrepreneurship for youths

FM Nirmala Sitharaman Says There is a large potential to be tapped in tourism. The sector holds huge opportunities for Jobs and Entrepreneurship for youths

FM Nirmala Sitharaman Says Reduction in the highest surcharge rate from 37% to 25 % in the new tax regime

FM Nirmala Sitharaman Says To settle contractual disputes of govt. and govt. undertakings where arbitral award is under challenge in a court, voluntary settlement scheme with standardized terms to be introduced:

FM Nirmala Sitharaman Says Incases of failure by MSMEs to execute contracts during the COVID period, 95% of the forfeited amount relating to bid or performance security to be returned to them by government and government undertakings

FM Nirmala Sitharaman Says For obviating need for separate submission of the same info to different government agencies, a system of Unified Filing Process to be set up, filing of info on the common portal will be shared with other agencies as per filers choice

FM Nirmala Sitharaman Says For commemorating Azadi Ka Amrit Mahotsav, a 1-time new small saving scheme Mahila Samman Savings certificate will be available for a 2-year period up to March 2025

FM Nirmala Sitharaman Says For better targeting of tax concessions and exemptions, we are proposing to cap deductions from capital gains on investments in residential houses to Rs 10 crores

FM Nirmala Sitharaman Says Extended the date of incorporation for income tax benefits for Start-ups from 31.3.2023 to 31.3.2024

FM Nirmala Sitharaman Says New Cooperatives that commenced manufacturing activities till 31 March 2024 shall get the benefit of a lower tax rate of 15%

FM Nirmala Sitharaman Says Average processing time for income tax returns reduced from 93 days to 16 days. The government intends to roll out next-gen common IT Return forms and strengthen grievance redressal mechanism

FM Nirmala Sitharaman Says To promote value addition in the manufacturing of TVs, I propose to reduce the Basic Customs Duty on parts of open cells of TV panels to 2.5%

FM Nirmala Sitharaman Says To support MSMEs in the timely receive of payments, we are proposing that deduction on expenditure incurred on payments will happen only when payment is actually made

FM Nirmala Sitharaman Says Basic customs duty of parts, open cells of TV Panels reduced to 2.5%

FM Nirmala Sitharaman Says The basic customs duty on compounded rubbers is being increased from 10% to 25% or 30 Kg whichever is lower

FM Nirmala Sitharaman Says This is the first budget in Amrit Kaal. This budget hopes to build on the foundation laid in the previous budget and the blueprint drawn for India at 100

FM Nirmala Sitharaman Says 45% income tax return are processed within 24 hours

FM Nirmala Sitharaman Says Average processing time for income tax returns reduced from 93 days to 16 days. The government intends to roll out next-gen common IT Return forms and strengthen grievance redressal mechanism

FM Nirmala Sitharaman Says The Basic Customs Duty on Electric Kitchen Chimneys raised from 7.5% to 15.00%

FM Nirmala Sitharaman Says This will offer a deposit facility of up to Rs 2 lakh for women or girls for a tenure of 2 years at a fixed interest rate of 7.5% with a partial withdrawal option

FM Nirmala Sitharaman Says The one-time small saving scheme Mahila Samman Saving Certificate will be available for 2 years up till March 2025

FM Nirmala Sitharaman Says A Central Processing Centre to be set up, for faster response to companies through centralised handling of various forms

FM Nirmala Sitharaman Says We will facilitate the setting up of Data Embassies, for countries looking for digital continuity solutions

FM Nirmala Sitharaman Says States are encouraged to set up Unity Malls for the promotion of One District, One Product, GI tag products, handicrafts

FM Nirmala Sitharaman Says To provide support to 47 lakh youths in 3 years, a Direct Benefit Transfer under a pan India national apprenticeship scheme will be rolled out

FM Nirmala Sitharaman Says To empower our youth and help the Amrit Peedhi realize their dreams, we have formulated a National Education Policy - and one focus of this policy is skilling youths by adopting economic policies that facilitate job creation

FM Nirmala Sitharaman Says The Unified Skill India Digital platform will enable demand-based formal skilling, linking with employers and facilitating access to entrepreneurial schemes

FM Nirmala Sitharaman Says Replacing old polluting vehicles is an important part of greening our economy. We have allocated adequate funds to scrap old vehicles of the central government

FM Nirmala Sitharaman Says PM Kaushal Vikas Yojna 4.0 will be launched to skill lakhs of youth within the next three years

FM Nirmala Sitharaman Says 10000 Bio resource input centres will be set up creating a national-level Bio resource micro fertilizer and pesticide manufacturing network

FM Nirmala Sitharaman Says The PM Program for restoration, awareness nourishment and amelioration of mother eart will be launched to incentivize states and Union Territories to promote alternative fertilizers and a balanced use of chemical fertilizers

FM Nirmala Sitharaman Says Over the next 3 years, we will facilitate 1 crore farmers to adopt natural farming

FM Nirmala Sitharaman Says Over the next 3 years, one crore farmers will get assistance to adopt natural farming. 10,000 bio input resource centres will be set up: FM Nirmala Sitharaman

FM Nirmala Sitharaman Says PM Narendra Modi has laid a vision for Lifestyle for the Environment to spur a movement toward an environmentally conscious lifestyle. India is moving forward firmly to Panchamrita net zero carbon emission by 2070

FM Nirmala Sitharaman Says Public-private partnership for the development of tourism in the country

FM Nirmala Sitharaman Says Collaboration and training with Atmanirbhar Bharat for traditional artists and artisans through PM Vishwakarma Kaushal Samman

FM Nirmala Sitharaman Says The State Support Mission of Niti Aayog will be continued for 3 Years for a collective effort towards our national priorities

FM Nirmala Sitharaman Says To unleash Innovation and research by Startups and Academia, a National Data Governance Policy will be brought out. This will enable access to anonymized data

FM Nirmala Sitharaman Says Revamped credit guarantee scheme will take effect from April 1, 2023, through the infusion of Rs 9,000 crore in the corpus. This will enable additional collateral-free credit of Rs 2 lakh crore to MSMEs.

FM Nirmala Sitharaman Says 50 tourist destinations will be selected through challenge mode to be developed as a whole package for domestic and international tourism

FM Nirmala Sitharaman Says The government will launch Pradhan Mantri Kaushal Vikas Yojana 4.0, said FM Nirmala Sitharaman. In order to skill the youth for international opportunities, 30 Skill India International Centres will be set up across different States

FM Nirmala Sitharaman Says Allocation of Rs 19,700 crore to the National Hydrogen Mission. The objective is to reach hydrogen production capacity of 5 metric million tonnes by 2030.

FM Nirmala Sitharaman Says Battery storage to get viability gap funding - Rs 35,000 crores priority capital for energy transition

FM Nirmala Sitharaman Says For business establishments required to have Permanent Account Number, the PAN will be used as a common identifier for all Digital Systems of specified government agencies: FM Nirmala Sitharaman

FM Nirmala Sitharaman Says 50 additional airports, heliports, water aerodromes, and advanced landing zones to be revitalised. 100 critical transport infra projects for steel, ports, fertiliser, coal, foodgrain sectors have been identified with an investment of Rs75,000 crore including Rs 15,000 crore from private sources

FM Nirmala Sitharaman Says 50-year interest free loan to State governments extended for one more year

FM Nirmala Sitharaman Says Capital outlay of Rs 2.40 lakh crore will be provided for railways; 9x over FY14

FM Nirmala Sitharaman Says Capital investment outlay being increased by 33% to Rs 10 lakh crores, which would be 3.3% of GDP

FM Nirmala Sitharaman Says The outlay for PM Awaas Yojana being enhanced by 66% to over Rs 79,000 crores

FM Nirmala Sitharaman Says Eklavaya Model Residential Schools -in the next 3 years the Centre will recruit 38,800 teachers and support staff for 740 schools serving 3.5 lakh tribal students

FM Nirmala Sitharaman Says To improve social-economic condition of the Particularly Tribal Groups, PMPBTG Development mission will be launched, to saturate PBTG habitations with basic facilities. Rs 15,000 cr to be made available to implement scheme in next 3 years

FM Nirmala Sitharaman Says For the Economic empowerment of women, the Deen Dayal Antyodaya Yojana National Rural Livelihood Mission has achieved remarkable success by mobilizing rural women into 81 lakh SHG

FM Nirmala Sitharaman Says Our Amritkaal Vision is tech-driven leading us towards a knowledge-based economy with a robust financial sector

FM Nirmala Sitharaman Says Under the PM Garib Anna Yojana, the entire expenditure of about 2 lakh crore will be born by the central Government

FM Nirmala Sitharaman Says We are a well-governed country making significant progress in Sustainable Development Goals

FM Nirmala Sitharaman Says We are implementing a new scheme from 1st January 2023 to supply free food grains to all Antyodaya and all priority households

FM Nirmala Sitharaman Says During the pandemic, we ensured no one goes to bed hungry, with a scheme to supply free food grain to 80 crore people for 28 months

FM Nirmala Sitharaman Says Indian Institute of Millet Research will be supported as a centre of excellence

FM Nirmala Sitharaman Says Promotion of tourism will be taken up on mission mode with active participation of states, the convergence of Govt programs & public-private partnerships

FM Nirmala Sitharaman Says Lots of strength in our economy, strong capital expenditure from government really helped us

FM Nirmala Sitharaman Says An Agriculture Accelerator Fund will be set up to encourage agri-startups by young entrepreneurs

The agricultural credit target will be increased to Rs 20 lakh crores with a focus on animal husbandry, dairy and fisheries

FM Nirmala Sitharaman Says The agricultural credit target will be increased to Rs 20 lakh crores with a focus on animal husbandry, dairy and fisheries

FM Nirmala Sitharaman Says This budget is focused on job creation, upliftment of youth, says

FM Nirmala Sitharaman Says Economy has become a lot more formalised as reflected by doubling of EPFO membership

FM Nirmala Sitharaman Says World has recognized India as a bright star

FM Nirmala Sitharaman Says Focus on three things : Facilitating ample opportunity for citizens, especially the youth, providing a strong impetus to growth and job creation and third stabilising the macro economy

FM Nirmala Sitharaman Says The world has recognized India as a bright star, our growth for current year is estimated at 7.0%, this is the highest among all major economies, in spite of massive global slowdown caused by pandemic and the war

FM Nirmala Sitharaman Says Government`s efforts since 2014 have ensured for all citizens, a better quality of life & life of dignity. The per capita income has more than doubled to Rs 1.97 lakh. In these 9 years, the Indian economy has increased in size from being 10th to 5th largest in the world

Finance Minister Nirmala Sitharaman Says In these times of global challenges, Indiau2019s G20 presidency gives us a unique opportunity to strengthen India`s role in the world economic order

Finance Minister Nirmala Sitharaman Says During the COVID pandemic, we ensured that nobody goes to bed hungry with a scheme to supply free foodgrains to over 80 crore persons for 28 months

Finance Minister Nirmala Sitharaman Says We are taking on a people-centric agenda to take on global challenges

Finance Minister Nirmala Sitharaman Says Indian economy on the right track, and heading towards a bright future

Finance Minister Nirmala Sitharaman Says ``This is the first Budget in Amrit Kaal``

Finance Minister Nirmala Sitharaman presents Union Budget 2023-24

Union Cabinet approves Budget 2023-24

Budget copies brought to Parliament, ahead of Budget presentation at 11am

FM Nirmala Sitharaman with her team at Parliament, to deliver her fifth Budget today

Union Cabinet meeting chaired by PM Modi begins at Parliament

PM Narendra Modi arrives at the Parliament

FM Nirmala Sitharaman arrives at the Parliament

FM Nirmala Sitharaman proceeds to Parliament to attend the Union Cabinet meeting chaired by PM Narendra Modi

FM Nirmala Sitharaman reaches Rashtrapati Bhavan to call on President Draupadi Murmu