"Currently, those with an income of Rs 5 lakhs do not pay any income tax and I proposed to increase the rebate limit to Rs 7 lakhs in the new tax regime," the Finance Minister said while presenting the Budget.
Mumbai-based civic activist believes the new tax regime would eventually end the habit of saving, but industrialists see it as an opportunity for investment in safe assets, like home
The Indian Railways has received the biggest-ever allocation at Rs 2,40,000 crore in the Budget 2023. With the huge outlay, Mumbai is likely to get a big boost for several ongoing projects
The deposit can be made in the name of a woman or a girl child. The maximum deposit amount has been kept at Rs 2 lakh and the scheme will have a partial withdrawal facility as well
While there are recent initiatives that may set us on the superpower track, there are some overlooks in the Amrit Kaal offering. Let us take a look at the main points of Budget 2023