NEW Saving Scheme for Women | Budget 2023 For Salaried Employees | Senior Citizen Savings Scheme 23

NEW Saving Scheme for Women | Budget 2023 For Salaried Employees | Senior Citizen Savings Scheme 23 | Josh Money

BIG Updates From Union Budget 2023 | Highlights of Union Budget | Income Tax Rebate Latest

BIG Updates From Union Budget 2023 | Highlights of Union Budget | Budget 2023 For Salaried Employees

Budget Highlights (Detailed): https://youtu.be/_l9Xfec2qHY


1st February is Budget Day for all of us. Honourable Finance Minister Nirmala Sitharaman presented the Union Budget.
SUMMARY OF THE UNION BUDGET 2023-24

UNION BUDGET 2023-24 PRESENTS VISION FOR AMRIT KAAL-BLUE PRINT FOR AN EMPOWERD AND INCLUSIVE ECONOMY

THREE PRONGED FOCUS DRIVEN BY FOUR TRANSFORMATIVE OPPORTUNITIES CONSTITUTE FOUNDATION OF AMRIT KAAL
CAPITAL INVESTMENT OUTLAY INCREASED BY 33% TO Rs. 10 LAKH CRORE
EFFECTIVE CAPITAL EXPENDITURE AT 4.5% OF GDP
FISCAL DEFICIT ESTIMATED TO BE 5.9 % OF GDP IN BE 2023-24
REAL GDP TO GROW AT 7% IN FY2022-23
EXPORTS TO GROW AT 12.5% IN FY 2023

ATMANIRBHAR CLEAN PLANT PROGRAM WITH OUTLAY OF ₹2200 CRORE TO BE LAUNCHED TO BOOST AVAILABILITY OF QUALITY PLANTING MATERIAL FOR HIGH VALUE HORTICULTURAL CROPS

157 NEW NURSING COLLEGES TO BE ESTABLISHED

OUTLAY FOR PM AWAS YOJANA ENHANCED BY 66% TO OVER RS. 79,000 CRORE

HIGHEST EVER CAPITAL OUTLAY OF Rs. 2.40 LAKH CRORE PROVIDED FOR RAILWAYS

URBAN INFRASTRUCTURE DEVELOPMENT FUND (UIDF) TO BE ESTABLISHED THROUGH USE OF PRIORITY SECTOR LENDING SHORTFALL

500 NEW ‘WASTE TO WEALTH’ PLANTS UNDER GOBARDHAN SCHEME TO BE ESTABLISHED AT TOTAL INVESTMENT OF Rs 10,000 CRORE

NEW SLABS ANNOUNCED UNDER THE NEW TAX REGIME

RESIDENT INDIVIDUAL WITH TOTAL INCOME UPTO ₹ 7 LAKH WILL NOT HAVE TO PAY ANY INCOME TAX UNDER NEW TAX REGIME

STANDARD DEDUCTION OF ₹ 50,000 WILL ALSO BE AVAILABLE TO SALARIED INDIVIDUALS UNDER THE NEW TAX REGIME

NEW TAX REGIME FOR INDIVIDUAL AND HUF WILL BE THE DEFAULT REGIME

LIMIT FOR TAX EXEMPTION ON LEAVE ENCASHMENT ON RETIREMENT OF NON-GOVERNMENT SALARIED EMPLOYEES INCREASED TO ₹ 25 LAKH

SLEW OF PROPOSALS ANNOUNCED FOR THE COOPERATIVE SECTOR

INDIRECT TAX PROPOSALS AIM TO PROMOTE EXPORTS, BOOST DOMESTIC MANUFACTURING, ENHANCE DOMESTIC VALUE ADDITION, ENCOURAGE GREEN ENERGY AND MOBILITY

NUMBER OF BASIC CUSTOMS DUTY RATES ON GOODS, OTHER THAN TEXTILES AND AGRICULTURE, REDUCED FROM 21 TO 13

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