Union Budget announced by FM Nirmala Sitharaman

Union Budget announced by FM Nirmala Sitharaman

Daily Current Affairs / Union Budget announced by FM Nirmala Sitharaman

Change Language English Hindi

Category : Business and economics Published on: February 03 2023

Share on facebook

Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget 2023, the last Budget of Modi 2.0 before General Elections 2024.
This is the first budget of the "Amrit Kaal", she said during her speech.
The growth of the country at 7 per cent in FY23 will be the highest among all the major economies in the world.
The government sweetened the new income tax regime by making income of up to ₹3 lakh exempt from income tax. With a rebate, now people earning up to ₹7 lakh need not pay any income tax.
The FM also simplified the tax structure and called it the "default income tax regime".
The year 2023 has been declared as the international year of millets.
The Budget 2023 focuses on seven priorities, which the FM called the “Saptrishis guiding us through Amrit Kaal”.

Recent Post's

International Civil Aviation Day on 7 December highlights the global importance of air transport and ICAO’s new 2026–2050 plan for safe and sustainable aviation as passenger numbers may reach 12.4 billion by 2050.
Read More....
Three-year-old Sarwagya Singh Kushwaha from Madhya Pradesh became the youngest player in history to receive a FIDE chess rating, debuting at 1572.
Read More....
Under the National Mission on Edible Oils, India has expanded oil palm coverage to 6.20 lakh hectares by November 2025, moving towards self-reliance in edible oil production.
Read More....
International Anti-Corruption Day on 9 December marks global commitment to the UN Convention against Corruption, which came into force in 2005.
Read More....
India sent four additional Navy ships carrying 1,000 tons of relief material to cyclone-hit Sri Lanka under Operation Sagar Bandhu.
Read More....
IMF has recognized India’s UPI as the world’s largest real-time payment system, accounting for nearly 49% of global instant transactions.
Read More....
Renowned labour rights activist Dr. Baba Adhav passed away at 95 after decades of work for unorganised sector workers in Maharashtra.
Read More....
India Post opened Kerala’s first Gen-Z–focused Post Office extension at CMS College, designed jointly by students and postal officials.
Read More....
The US and Rwanda signed a $228 million five-year health partnership focusing on HIV, malaria, surveillance, and digital health systems.
Read More....
RBI announced ₹1,00,000 crore OMO purchases and a $5 billion USD/INR swap to ease liquidity pressure in the financial system.
Read More....