The Union Budget 2023 was unveiled by Finance Minister Nirmala Sitharaman on Wednesday amid a challenging economic climate, including inflation and potential GDP growth slowdown in FY24. The budget, presented in Parliament, aims to expand upon the progress made in previous budgets and the vision...
The Indian Constitution defines the Finance Bill as a Money Bill, and it contains the tax proposals put forth by the government. This bill outlines changes in existing taxes, new taxes, expenditures, revenues, and government borrowings, and is a crucial component of the Union Budget....
Nirmala Sitharaman, the finance minister, launched the presentation of the Modi government’s last full budget with these words: “This is the first budget of Amrit Kaal”. She stated that the world recognizes India’s economy as a shining example, with a 7% growth in the current...
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