Budget 2023: Indian economy to grow at 7% in FY23, says FM
Finance Minister Nirmala Sitharaman says the world has recognised India as a “bright star”, and that it’ll be the highest-growing economy among major countries despite the global slowdown.
budget news
February 2023
January 2023
Budget 2023: Consumer inflation bites again
Within the food inflation, vegetable prices fell the most, with the index down 12.7% in December 2022 compared to November 2022.
Budget 2023: Slowdown in project announcements
New project announcements by the private and public sectors went into freeze mode in the past two fiscals.
Economic Survey 2022-23: India's FY24 GDP growth pegged at 6-6.8%
Economic Survey 2022-23 says Indian economy is staging a broad-based recovery across sectors, positioning itself to ascend to pre-pandemic growth path in FY23.
Budget 2023: Higher tax breaks, separate treatment for home loan principal needed, say realty experts
One of the key demands of the real estate sector is a separate section for the tax deduction on housing loan principal repayment, which is currently under Section 80C.
Budget 2023: Declining share of defence in total expenditure
The share of defence expenditure in India's total capital expenditure has been shrinking for the past 6 years
Budget 2023: CII seeks relaxation in 'source of funds' disclosure norms
CII says it's difficult for borrower to ask bank to explain source where loan is given to borrower, equally difficult for bank to determine exact source when it's raising funds from multiple sources.
