The Union Finance Minister Nirmala Sithraman is set to present the Union Budget 2023 today.
To promote value addition in the manufacturing of TVs, I propose to reduce the Basic Customs Duty on parts of open cells of TV panels to 2.5%: FM Nirmala Sitharaman#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Personal Income Tax: "The new tax rates are 0 to Rs 3 lakhs – nil, Rs 3 to 6 lakhs – 5%, Rs 6 to 9 Lakhs – 10%, Rs 9 to 12 Lakhs – 15%, Rs 12 to 15 Lakhs – 20% and above 15 Lakhs – 30%, " says Union Finance Minister Nirmala Sitharaman
— Tax Scan (@tax_scan) February 1, 2023
LTC and 25 L relief to Retirement of Non-Govt Salaried Govt #AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
New Tax Regime: Tax Structure and Tax Slabs Changed#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
New Standard Deduction 52,500 for Taxpayers having Income of Rs. 5L#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Income Uptoo 7 Lakhs will not attract Income Tax: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Breaking: Income Tax Rebate Increased to 7 Lakhs#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Decriminalization of S. 271(1)(a) of Income Tax Act#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Conversion to Gold to E-Gold under Capital Gain Tax: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Income Tax Exemption Limit to Capital Gain u/s 54 and 54F and Insurance Amount#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Income Tax Holiday to StartUps Extended to 10 Years: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Custom duty on cigarettes increased: FM Nirmala Sitharaman#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Low Income Tax rates to New-Co-operatives: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Relief to Presumptive Tax Payers#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Common ITR Form for Easy and Smooth Income Tax return filing#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Customs Duty Exemption to Crude Glicerine, Marine Products, Electric Kitchen Chimney, seeds used for manufacture of diamonds to be Reduced #AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Customs Duty Exemptions for Imports of Mobile Phone Accessories and TVs#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
GST-Excise Duty Exemptions to Compressed Bio Gas, E-Vehicles: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Minor Changes in Customs Duty and Cess#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
The 50-year interest-free loan to state governments to be continued for one more year, to spur investment in infra and to incentivize them for complimentary policy actions, with enhanced outlay of Rs. 1.3 lakh crores
— Tax Scan (@tax_scan) February 1, 2023
100 labs for developing apps using 5G services will be set up in engg institutions. To realise new range of opportunities, business models&employment potential, labs will cover among others, apps like Smart Classrooms,Precision Farming,Intelligent Transports Systems&Healthcare:FM
— Tax Scan (@tax_scan) February 1, 2023
Amendments to Banking Regulations Act: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Integrated IT portals to be Established: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
CPC to be Launched to assist MCA filings#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
States will be encouraged to set a ‘Unity Mall’ in State capital or the most popular tourist destination in the state for the promotion and sale of ‘One District, One product’ and GI products and other handicraft: FM Sitharaman#AmritKaalBudget #Budget2023 #BudgetSession #Budget
— Tax Scan (@tax_scan) February 1, 2023
Central assistance of Rs. 5,300 crores to be given to o Upper Bhadra Project in drought prone central regions of Karnataka, to provide sustainable microirrigation and filling up of service tanks for drinking water#Budget2023 #BudgetSession #Budget #budgetwithtaxscan
— Tax Scan (@tax_scan) February 1, 2023
> To encourage the indigenous production of lab-grown diamonds, a research and development grant is to be provided to one of the IITs for five years
— Tax Scan (@tax_scan) February 1, 2023
> Proposal to review customs duty of lab-grown diamonds to be included in Part-B of Budget document#AmritKaalBudget #Budget2023
The government will launch Pradhan Mantri Kaushal Vikas Yojana 4.0: FM Nirmala Sitharaman#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Agriculture Credit Target to be increased to Rs. 20 lakh crores, with focus on animal husbandry, dairy, and fisheries
— Tax Scan (@tax_scan) February 1, 2023
A new sub-scheme of PM Matsya Sampada Yojana to be launched, with a targeted investment of Rs. 6000 crores#AmritKaalBudget #Budget2023 #BudgetSession #Budget
These green growth efforts help in reducing carbon intensity of economy & provide large scale job opportunities: Finance Minister#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Aims to Replace Old Polluting Vehicles: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
"To enhance ease of doing business more than 39,000 compliances have been reduced, more than 3400 legal provisions have been decriminalised," #AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Rs 35,000 crores priority capital for the energy transition; Battery storage to get viability gap funding: FM Nirmala Sitharaman#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Rs. 7,000 Cr for E-Courts Phase-3: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Green Credit Programme to be Notified: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
>Cities to be incentivised to improve creditworthiness for municipal bonds
— Tax Scan (@tax_scan) February 1, 2023
>Aim for 100% mechanical desludging in all cities and towns#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
Capital outlay of Rs 2.40 lakh cr for Railways in next financial year: FM Nirmala Sitharaman#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
#PAN will be used as a Common Identifier for Digital Systems: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Phase 3 of E-Courts Project to be Launched: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
50-year interest free loan to State governments extended for one more year: FM Sitharaman#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Voluntary Settlement Scheme during pendency of Arbitral Award: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Relief to MSMEs failed to perform contracts during Covid#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
One-Stop Solution for Identity and Address, keeping aadhaar #AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
National Data Governance Policy to be Launched: KYC Process to be Simplified: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Agriculture Credit Target to be increased to Rs. 20 lakh crores, with focus on animal husbandry, dairy and fisheries#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Centres for Excellence for Artificial Intelligence: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Digital Public Infrastructure for Agriculture to be built as open source, open standard, interoperable public good
— Tax Scan (@tax_scan) February 1, 2023
Will enable inclusive farmer-centric solutions & help improved access to farm inputs, market intel, support for agri industry, startups#budgetwithtaxscan
Nirmala Sitharaman's #BudgetSpeech
— Tax Scan (@tax_scan) February 1, 2023
>PM Primitive Vulnerable Tribal Groups Mission to be launched
>Aim to improve socio-economic conditions of vulnerable tribal groups
>Rs 15,000 cr to be made available over 3 years for PM Primitive Vulnerable Tribal Group mission#Budget2023
Property Tax to be Used for Urban Infrastructure: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
Aims of #Budget2023 to include:
— Tax Scan (@tax_scan) February 1, 2023
>Facilitating ample opportunities for citizens, especially youth
>Providing strong impetus to growth and job creation
>Strengthening macro-economic stability#AmritKaalBudget #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget
Indian Institute of Millet Research will be supported as a centre of excellence: FM Nirmala Sitharaman in Parliament#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget #budgetscan
— Tax Scan (@tax_scan) February 1, 2023
To launch Atmanirbhar clean plant program, to improve availability of disease-free quality planting material for high-value horticultural crops at an outlay of Rs 2,200 crore, says Nirmala Sitharaman in #BudgetSpeech#BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023
— Tax Scan (@tax_scan) February 1, 2023
PM Vishwa Karma Kaushal Samman-package of assistance for traditional artisans and craftspeople has been conceptualised, will enable them to improve quality, scale & reach of their products#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023
— Tax Scan (@tax_scan) February 1, 2023
7 Priorities of #Budget2023
— Tax Scan (@tax_scan) February 1, 2023
1. Inclusive development
2. Reaching last mile
3. Infrastructure and investment
4. unleashing potential
5. Green growth
6. Youth Power
7. Financial Sector#AmritKaalBudget #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget
Priorities of #Budget2023 are inclusive development, reaching the last mile, agriculture and investment, unleashing potential, green growth, youth power and financial sector,": FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget
— Tax Scan (@tax_scan) February 1, 2023
Budget 2023 Prioritises Education: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget
— Tax Scan (@tax_scan) February 1, 2023
Promotion of tourism will be taken up on mission mode with active participation of states, the convergence of Govt programs & public-private partnerships: FM Nirmala Sitharaman#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget
— Tax Scan (@tax_scan) February 1, 2023
The agricultural credit target will be increased to Rs 20 lakh crores with a focus on animal husbandry, dairy and fisheries: FM Sitharaman#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget
— Tax Scan (@tax_scan) February 1, 2023
"India’s rising global profile is because of several accomplishments – Aadhaar, Cowin, UPI have contributed to improving India’s global profile. During pandemic, the government ensured no one went to bed hungry, " #Budget2023 #BudgetSession #budgetwithtaxscan #UnionBudget
— Tax Scan (@tax_scan) February 1, 2023
"Entire expenditure of Rs 2 lakh crore under PM Gareeb Kalyan Anna Yojana to be borne by Centre," says Nirmala Sitharaman#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget
— Tax Scan (@tax_scan) February 1, 2023
New Scheme for Fishermen and Fish Vendors to Improve Efficiency and Expand Market: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget
— Tax Scan (@tax_scan) February 1, 2023
Collaboration of Support between Farmers, State and Industry. PPP Model to be Implemented: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget
— Tax Scan (@tax_scan) February 1, 2023
Agri-tech Startups to be Benefitted: FM#AmritKaalBudget #Budget2023 #BudgetSession #Budget #budgetwithtaxscan #UnionBudget2023 #UnionBudget
— Tax Scan (@tax_scan) February 1, 2023
Our vision for the Amrit Kaal includes a technology-driven and knowledge-based economy, with strong public finances and a robust financial sector. To achieve this 'janbhagidari' through 'sabka saath, sabka prayaas' is essential: FM#Budget2023 #BudgetSession #Budget
— Tax Scan (@tax_scan) February 1, 2023
Budget focuses Youth, Women, Farmers, OBCs: FM#Budget2023 #BudgetSession #Budget #BudgetSession2023 #budgetday #budgetwithtaxscan #EconomicSurvey #EconomicSurvey2023 #UnionBudget2023 #UnionBudget
— Tax Scan (@tax_scan) February 1, 2023
FM Nirmala Sitharaman starts Budget Speech 2023
— Tax Scan (@tax_scan) February 1, 2023
Union Cabinet approves Union Budget 2023
— Tax Scan (@tax_scan) February 1, 2023
Budget team of CBIC with FM Smt.@nsitharaman along with MoS (F) Sh. @mppchaudhary & @DrBhagwatKarad on the eve of Budget. Also, present are Revenue Secretary Sh.Sanjay Malhotra, Chairman CBIC Sh.Vivek Johri & Member Tax Policy Ms. V Rama Mathew.#Budget2023 #BudgetScan pic.twitter.com/7Vjq6TuWx0
— Tax Scan (@tax_scan) February 1, 2023
Finance Minister Nirmala Sitharaman arrives at the Ministry of Finance, ahead of the Budget presentation#Budget2023 #BudgetScan #BudgetwithTaxscan pic.twitter.com/eNykQ9fmsG
— Tax Scan (@tax_scan) February 1, 2023
