Budget 2023
One of the key features of TaxScan's budget 2023 live updates is the detailed analysis that is provided on each and every change to tax laws and regulations. This includes in-depth explanations of the implications of each change, as well as expert insights and advice to help you understand how best to take advantage of the new rules.
Budget 2023 brings More Tax Benefits for Electric Vehicles [Read Finance Bill]
Presenting the Union Budget 2023, Finance Minister Nirmala Sitharaman announced that the subsidies on Electric Vehicle (EV) batteries will be...
![Budget 2023 proposes to Change Definition of ‘Strategic Disinvestment’ [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/budget-2023-Strategic-Disinvestment-budget-2023-live-union-budget-2023-nirmala-sitharaman-budget-nirmala-sitharaman-union-budget-nirmala-sitharaman-budget-2023-india-union-budget-2023-live-Taxscan.jpg "Budget 2023 proposes to Change Definition of ‘Strategic Disinvestment’ [Read Finance Bill]")
![No Income Tax on Amount received under Agnipath Scheme, 2022: Union Budget 2023 [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Amount-received-Agnipath-Scheme-2022-Union-Budget-2023-taxscan-budget-2023-budget-2023-live-union-budget-2023-nirmala-sitharaman-budget-taxscan.jpg "No Income Tax on Amount received under Agnipath Scheme, 2022: Union Budget 2023 [Read Finance Bill]")
![Union Budget 2023: E-Gold Receipts Not to Attract Capital Gain [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/budget-2023-e-gold-receipts-capital-gain-budget-2023-live-union-budget-2023-nirmala-sitharaman-budget-nirmala-sitharaman-union-budget-nirmala-sitharaman-budget-2023-india-Taxscan.jpg "Union Budget 2023: E-Gold Receipts Not to Attract Capital Gain [Read Finance Bill]")
![Budget 2023: Income Tax Relief for Market Linked Debentures [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Market-Linked-Debentures-taxscan-budget-2023-budget-2023-live-union-budget-2023-nirmala-sitharaman-budget-nirmala-sitharaman-union-budget.jpg "Budget 2023: Income Tax Relief for Market Linked Debentures [Read Finance Bill]")
Budget 2023 Mandates Valuation of Inventory by Cost Accountant for Proceedings relating to Section 68 of Income Tax Act [Read Finance Bill]
The Union Budget 2023 has inserted a new provision mandating valuation of inventory by a Cost Accountant for the proceedings relating to section 68 of the Income Tax Act, 1961. Clause 68 of the...
Deduction for Expenditure on Payment only when Payment is actually made; Union Budget 2023 [Read Finance Bill]
Under the newly proposed union Budget 2023 the Union Ministry has proposed an amendment which allow the claim of deduction for expenditure on payment only after the actual payment is made. This...
Union Budget 2023 to enable Intra-State Supplies by Composition Taxpayers and Unregistered Suppliers through E-Com Operators [Read Finance Bill]
The Finance Minister Nirmala Sitharaman has presented the Union Budget 2023, by the budget speech. The budget proposed minor changes to tax policies, allocation of government spending, and...
![Union Budget 2023 to enable Intra-State Supplies by Composition Taxpayers and Unregistered Suppliers through E-Com Operators [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/intra-state-supplies-Composition-taxpayers-unregistered-suppliers-E-Com-Operators-budget-2023-budget-2023-live.jpg "Union Budget 2023 to enable Intra-State Supplies by Composition Taxpayers and Unregistered Suppliers through E-Com Operators [Read Finance Bill]")