Budget 2023-24: Push for millets, bio gas, agri-tech, increased agriculture credit target welcomed
New Delhi/IBNS: Finance Minister Nirmala Sitharaman allocated around Rs 1.15 crore to Ministry of Agriculture and Farmers Welfare in Budget 2023-24 against the last year's approximately Rs 1.10 lakh crore, a hike of around 4.6 percent.
Budget 2023-24: EV sector welcomes custom duty reduction on capital goods for Lithium batteries manufacturing
New Delhi/IBNS: The electric vehicle industry welcomed the reduction in customs duty on lithium cells and subsidy extension on batteries announced in the Union Budget 2023-24 by Finance Minister Nirmala Sitharaman on Wednesday.
Budget 2023-24 continues from the last year which steered India through toughest periods faced by mankind: BSE MD & CEO Sundararaman Ramamurthy
Mumbai/IBNS: The Budget of 2023 continues from the earlier budgets which successfully guided India during one of the toughest periods for mankind, with a continued focus on Aatmanirbhar Bharat and Amrit Kaal, said BSE MD & CEO Sundararaman Ramamurthy reacting to the Budget.
'High quality budget focusing on infra growth, fiscal discipline': Tata Steel CEO & MD T. V. Narendran
Jamshedpur/IBNS: Lauding the government’s increased focus on the development of capital infrastructure, Tata Steel CEO & MD T. V. Narendran called the Budget a “high-quality budget”.
Budget 2023 reactions: Indian biz sector says budget will push growth
New Delhi/IBNS: The Indian business sector Wednesday extolled Finance Minister Nirmala Sitharaman for maintaining a continued focus on growth in terms of capital formation and job creation while reducing the tax burden on the salaried class in Union Budget 2023.
Union Budget 2023: SBI, PNB Housing, Kotak Investment Advisory react
New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) tabled the Union Budget for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14. In a major relief to the middle class of the country, the Basic exemption limit has been raised to Rs 3 lakh from the existing Rs 2.5 under the new income tax regime in Budget 2023-24. Tax rebate under Section 87A has been hiked from Rs 5 lakh to Rs 7 lakh.
Hinduja Group commends FM Sitharaman for growth focussed inclusive Budget with emphasis on capital expenditure
New Delhi/IBNS: The Hinduja Group has lauded the Union Budget presented by Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14.
'Budget aptly prioritizes growth; I welcome increased capital spending of Rs 10 lakh cr': Tata Sons Chairman N Chandrasekaran
Mumbai/IBNS: Tata Sons Chairman N Chandrasekaran has praised the Union Budget for prioritizing growth “given the challenging macro backdrop of slowing global growth and tightened financial conditions.”