Income Tax Budget 2023: Notably, FM Sitharaman tweaked the slabs to provide big relief to the middle class by announcing that no tax would be levied on annual income of up to Rs 7 lakh under the new tax regime. aaa
Finance Minister Nirmala Sitharaman will deliver the Union Budget 2023 speech today, that is, February 1, 2023. The Budget speech is expected to start at 11:00 AM. This will be the last full Budget of the second Narendra Modi government ahead of general elections in 2024. aaa
Union Budget 2023: With a red digital tablet in hand, FM Sitharaman looked classic and elegant as she posed for photographs in front of the Ministry of Finance, Central Secretariat on Wednesday morning. She completed her simple look with a small bindi and gold bangles.
FM Sitharaman also proposed that the maximum deposit limit for Monthly Income Account Scheme will be enhanced from Rs 4.5 lakh to Rs 9 lakh for a single account and from Rs 9 lakh to Rs 15 lakh for a joint account.