Union Budget 2023-24 live updates

India now 3rd largest ecosystem for startups; firms incorporated till March 2024 to get I-T benefits: FM

Govt to provide higher limit of Rs 2 lakh per member for cash deposit and loans by Primary Agricultural Credit Societies.

Govt to enhance grievance redressal mechanism for direct tax payers: FM.

Govt to reduce basic customs duty on seeds used in manufacturing of lab-grown diamonds: FM Sitharaman.

New cooperatives that commence manufacturing activity till March 2024 to attract lower tax rate of 15 pc: FM.

Sugar cooperatives can claim payments prior to 2016-17 made to sugarcane farmers as expenditure: FM Sitharaman.

FM says govt to continue with concessional basic customs duty of 2.5 pc on copper scrap.

Govt proposes to increase limit for presumptive taxation for MSMEs and certain professionals to Rs 3 cr and Rs 75 lakh, respectively.

Taxes on cigarettes hiked by 16 pc: Sitharaman.

Basic customs duty hiked on articles made from gold bars: Sitharaman.

Customs duty on kitchen electric chimney increased to 15 pc from 7.5 pc: FM Sitharaman.

Mobile phone output rose from 5.8 crore units in 2014-15 to 31 crore units last fiscal: FM.

Customs duty on parts of open cells of TV panels cut to 2.5 pc: FM Sitharaman.

Govt proposes to reduce customs duty on import of certain inputs for mobile phone manufacturing: FM.

FM Sitharaman retains fiscal deficit target of 6.4 pc in the Revised Estimate for FY23; cuts it to 5.9% for FY24.

Indirect tax proposals to boost green mobility and EVs: Sitharaman.

To finance fiscal deficit in 2023-24, net market borrowing from dated securities estimated at Rs 11.8 lakh cr: FM Sitharaman.

Union Budget 2023-24: FM announces 15,000 cr development fund for tribal, marginalised section

Hyderabad: The Centre has launched a 15,000 crore development fund for the tribal and marginalised section, Finance Minister Nirmala Sitharaman announced on Wednesday.

Tax receipts for next fiscal budgeted at Rs 23.3 lakh crore: FM Sitharaman.

Monthly Income Scheme limit doubled to Rs 9 lakh and Rs 15 lakh for joint accounts.

States to be allowed 3.5pc of GDP as fiscal deficit: FM Sitharaman.

FM says 50-year interest-free loans to state govts has to be spent on capital expenditure within 2023-24.

Mahila Samman Savings Certificate to allow maximum deposit of up to Rs 2 lakh having 7.5 pc interest: FM Sitharaman.

Integrated IT portal will be set up for reclaiming unclaimed shares and dividends: FM.

Integrated IT portal will be set up for reclaiming unclaimed shares and dividends: FM.

One time new small saving scheme Mahila Samman Saving Certificate to be made available for 2 years up to 2025: FM Sitharaman.

Central Processing Centre to be set up for faster response to companies filing forms under Companies Act : Sitharaman.

Govt to set up single window system for registrations and approvals in IFSC Gift City: FM Sitharaman.

Financial sector regulators will be asked to carry out comprehensive review of existing regulations: Sitharaman.

Govt to set up National Financial Information Registry for facilitating efficient flow of credit, foster financial stability: FM Sitharaman.

Govt to launch Dekho Apna Desh initiative to promote domestic tourism, says FM.

Revamped credit guarantee scheme for MSMEs with infusion of Rs 9,000 cr to be launched from April 1: FM Sitharaman.

Pradhan Mantri Kaushal Vikas Yojna 4.0 will be launched to skill lakhs of youth: FM Sitharaman.

Govt to select 50 destinations through 'challenge mode' to promote tourism: FM.

PM-PRANAM will be launched to incentivise states to promote alternative fertilisers: FM

Govt to facilitate 1 crore farmers to adopt natural farming: Sitharaman.

Green credit programme will be notified to incentivise environmentally sustainable and responsible actions by companies: FM.

PM Pranam to be launched to incentivise states and UTs to use alternative fertilisers: FM Sitharaman.

Green credit programme will be notified under the Environment Protection Act: FM.

Govt to support setting up of battery energy storage of 4,000 MwH: FM Sitharaman.

Budget provides for Rs 35,000 cr for priority capital investment towards energy transition & net zero objective: FM Sitharaman.

Govt to spend Rs 10,000 crore per year for urban infra development fund.

Govt targeting 5 MT of Green Hydrogen production by 2030: FM Sitharaman.

100 labs for developing applications for 5G services will be set up in engineering institutions: FM.

Govt to provide R&D grant to one of the IITs to encourage indigenous production of lab-grown diamonds in a bid to reduce imports: FM.

Customs duty on lab grown diamonds to be reduced: FM Sitharaman.

Govt to bring another dispute resolution scheme under Vivad Se Vishwas-2 to settle commercial disputes: Sitharaman.

State support mission of Niti Aayog will be continued for 3 years: FM.

One stop solution for reconciliation and updating of identity of individuals be established: FM Sitharaman

Phase-III of e-courts will be launched: FM Sitharaman.