Onmanorama Lite App
An expert committee will also be set up to make infrastructure classification and financing framework suitable for Amrit Kaal, said Nirmala Sitharaman.
To spur a movement for environmentally conscious lifestyle, India is moving firmly for the panchamrit, the net zero carbon emission by 2070, usher in green industrial and economic transition. This budget builds on our focus on green growth," said Finance Minister Nirmala Sitharaman.
A tax of 5% would be levied on total income between Rs 3 lakh and Rs 6 lakh, a 10% tax would be imposed on income between Rs 6 lakh to Rs 9 lakh, it would be 15% on income between the range of Rs 9 lakh to Rs 12 lakh.
She also said that tax receipts for the next fiscal are budgeted at Rs 23.3 lakh crore and states would be allowed 3.5 per cent of GDP as fiscal deficit.
Presenting the Budget for 2023-24, Finance Minister Nirmala Sitharaman added that an expert committee will also be set up to make infrastructure classification and financing framework suitable for Amrit Kaal.
She also said that the Budget provides for Rs 35,000 crore for priority capital investment towards energy transition and net zero objectives.
Finance Minister Nirmala Sitharaman added that 47.8 crore JanDhan accounts have been opened.
She said that the budget will enable inclusive farmer-centric solutions and help improve access to farm inputs, market intel, support for agri industry and startups.
She also said the enhanced capex of Rs 10 lakh crore for infrastructure development is at 3.3 per cent of the GDP.
Finance Minister Nirmala Sitharaman made this announcement during her Budget speech in the Lok Sabha.
Results 141-150 of 184
