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Interim Budget: The upcoming budget will be an interim budget rather than a full annual budget. The budget becomes a strategic pause that allows stakeholders to reassess and prepare for the unfolding landscape. Financial service providers are establishing Digital Banking committees to assess and improve digital inclusion. Regulatory and tax relaxations are being considered to protect against fraud, ensure data privacy, and encourage digital innovation. The International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) is an example of India s ambitions to become a global financial leader.
Startups and investors are seeking a slew of reforms on the current taxation norms including parity for capital gains tax treatment between unlisted and listed securities
, , magazine 14 January 2023, Pre-Budget Expectations, union budget 2023
Even with the contemporary heightened volatility the industry leaders, young entrepreneurs and investors are expecting worthy announcements from Union Budget 2023,