Finance Minister

Union Budget 2023: New vs Old Tax Regime, What Changed?

Individual taxpayers' rebate ceiling has been raised from 5 lakh to 7 lakh per year by Finance Minister Nirmala Sitharaman. "..Currently, persons earning up to 5 lakh rupees do not have to pay any income tax under either the old or new tax regimes. In the new tax regime, I...

Budget: Capital outlay for railways pegged at Rs 2.40 lakh cr, highest ever

The government recommended a capital spend of almost Rs 2.40 lakh crore for railroads, according to Union Finance Minister Nirmala Sitharaman, who presented the Union Budget 2023-24 in Lok Sabha on Monday. This budgeted spending for railways, according to Sitharaman, is the greatest ever and nine times that of 2013....

FM Sitharaman calls on President Murmu ahead on Union Budget presentation

Finance Minister Nirmala Sitharaman, along with ministers of state Pankaj Chaudhary and Bhagwat Karad, and Finance Secretary T V Somanathan, met with President Droupadi Murmu ahead of the Union Budget 2023 being tabled in Parliament on Wednesday. As is customary, the Finance Minister met with the President at the Rashtrapati...

#BudgetOnNewsX: Union FM Nirmala Sitharaman presents Budget 2023-24

Feb 1 11:00 (IST): Union Finance Minister presents Union Budget 2023 in the Parliament. Feb 1 10:47 (IST): "World is accepting India's model. India going ahead & witnessing economic growth. They (Opposition) shouldn't show dissatisfaction. If they have grievances, let it be against government. They should show large-heartedness to show...