A Stunning and worth-noticing example in the Fintech industry is UPI. UPI transactions in India witnessed a growth of 650% at the semi-urban and rural stores in India. A growth of nearly 25% and 14% in value and volume, resp, in assisted financial transactions across semi-urban and rural retail counters in the country in 2022. …
Before talking about this year’s budget let’s recap last year’s budget. There were no major changes regarding Personal Income Tax last year which was totally opposite to the expectations of the middle-class population of India. But this time, there are a few important points that made the middle class smile. Rebate- As of now, people …
The Union Budget 2023-24 was presented on February 01, 2023, by the Union Finance Minister, Smt. Nirmala Sitharaman. The Budget aims to build upon the foundation laid by the previous budget and create a blueprint for India’s future growth. This is the final Budget of the Modi 2.0 government before the Next General Elections in …
Nirmala Sitharaman, India’s Minister of Finance, presented the highly-anticipated Union Budget 2023-24 to Parliament on February 1st, 2023. The budget was framed with the theme of “inclusiveness,” with a focus on uplifting the welfare of women, children, Scheduled Castes, and Scheduled Tribes with the overarching aim of India at 100 kept in mind. In line …
The Union Budget 2023 was presented by the Honorable Finance Minister, Smt Nirmala Sitharaman, on the 1st of February 2023. The announcement received widespread attention as it was the last budget presentation prior to the 2024 general elections. The industry looked forward to the 2023-24 budget with anticipation, as it was expected to aid in …
The Union Budget for FY24 will be presented on February 1, 2023. Following the traditions, the Finance Minister tabled the Economic Survey 2023 in the parliament on January 31, 2023. Here are the key highlights of the Economic Survey. What is the Economic Survey? The Economic Survey report is presented on the eve of the …
Budget 2023 : Live Updates Our Finance Minister, Smt Nirmala Sitharaman, has opened the budget with growth undertones & optimism, announced India’s economic outlook is better than pre-pandemic years The government has announced focus on infrastructure & manufacturing with an incremental welfare spending. Stay Tuned for more updates. January 31, 2023 06:28 PM Union Budget …
The Union Budget is perhaps the most awaited event for general Indians and investors alike. Before the year’s Union Budget is presented on February 1, 2023, let’s see what the common Indian taxpayers expect this year. Basics of the Indian tax system Before we discuss the taxpayers’ expectations, let’s get the basics sorted. Tax is …
The Union Budget is critical for maintaining the economic advancements of the country. As guided by Article 112 of the Constitution of India, the central government must present a yearly budget before the beginning of the financial year. The Union Budget 2023 is significant for various reasons. It will be the last full-fledged budget before …
India has finally implemented a crypto tax system! The government adopted a cautious stance on taxes in the 2022-23 budget, setting a fixed tax rate on revenue from digital virtual assets. Finance Minister Nirmala Sitharaman said in her Union Budget presentation that revenue from the transfer of virtual digital assets will be subject to a …
