The general budget for the financial year 2023 is going to be presented by the Union Finance Minister Nirmala Sitharaman on 1 February 2023, this year it will be the fifth consecutive budget by the Finance Minister. This is the time when the Indian economy is recovering after the Covid-19 pandemic. A massive public spending program for the Indian economy was announced by the Finance Minister.
Through Budget 2023, the capital expenditure for the financial year 2022 2023 has been increased by 35.4 percent to Rs 7.5 lakh crore by the Finance Minister, which was Rs 5.5 lakh crore in the previous year, that is, 2.5 lakh in Budget 2023 for this financial year 2023 2024.
Union Budget 2023: Union Finance Minister Nirmala Sitharaman will today (1 February 2023) present the last full-fledged Union Budget of the Modi government before the 2024 Lok Sabha elections. The plan is expected to boost funds for infrastructure, defense and logistics, providing windfalls for related companies. The Budget Session of Parliament began on Tuesday and the first part will conclude on 13 February. The Parliament will re-convene on 12 March for the second part of the Budget Session that will conclude on 6 April.
Union Budget 2023 today Live Updates
Finance Minister Nirmala Sitharaman said that this budget will inspire me a lot, that is, it will take India forward and will be similar to the previous Budget 2023. Not only this, India’s growth rate estimate for the financial year 2022 2023 has been reduced by many institutions, but the growth rate for the current financial year has also been reduced by RBI to 6.8 percent.
Union Minister of Finance and Corporate Affairs Smt Nirmala Sitharaman, MoS Dr Bhagwat Kishanrao Karad, MoS Shri Pankaj Chaudhary and senior officials of the Ministry of Finance called on President Droupadi Murmu at Rashtrapati Bhavan before presenting the Union Budget 2023-24. pic.twitter.com/Nun9hhaVyi
— President of India (@rashtrapatibhvn) February 1, 2023
Therefore, under Budget 2023, a lot of attention will have to be paid on the measures to take the economy to more than 8 percent on milk, so that inflation and employment generation can remain favorable in the next financial year’s budget.
Union Budget 2023 Overview
| Article Title | Budget 2023 |
| Category | Budget 2023 representation |
| Budget 2023 date | 1 February 2023 |
| Finance minister | Smt. Nirmala Sitaraman |
| Financial Year | 2023-2024 |
| Country | India |
| Website | www.mygov.in |
Meri Pehchaan Portal 2023, Online Registration @meripehchaan.gov.in
Union Budget 2023-2024 PDF
As we had just provided you the information under the Budget 2023-2024 pdf above that the preparations for the new budget of the country are going on in full swing, the government has also sought suggestions from the public so that the Budget 2023-2024 pdf will work in the interests of the citizens of the country should not face any problem.
It is worth noting that the Department of Economic Affairs of the Ministry of Finance has invited suggestions from the public regarding the budget, if you are also willing to give your suggestions in the country’s budget 2023, if you are eligible, then you can submit your suggestions before September 10, 2022 can be sent online to the Department of Economic Affairs by visiting my gov in. Actually, the official website has given this information on its official Twitter account.
2023 Union Budget of India
- If you want to give suggestions under the 2023 Union Budget of India under the Department of Economic Affairs of the Ministry of Finance.
- Then to give your suggestions, first you have to create an account by visiting the official website of the Government of India, mygov.in
- And after that you have to login.
- If you want, apart from the official website, you can also login through OTP through your email id and phone number.
- Or according to the 2023 Union Budget of India, you will also be able to login through social media accounts.
FY 2023 Final Budget
Significantly, the FY 2023 Final Budget will be presented by the country’s Finance Minister Smt. Nirmala Sitharaman on February 1, 2023. This is the 11th consecutive budget of Prime Minister Narendra Modi and the fifth consecutive budget of Finance Minister Nirmala Sitharaman.
According to the FY 2023 Final Budget, the government has also received suggestions to increase the tax base and remove surcharge and cess. In the words of the Finance Minister, the past experiences have proved to be very inspiring, especially for the time when we are preparing the next budget for the country.
It was said by the Finance Minister that this time also she is going to present such a budget. The bar was set. In this way, such a FY 2023 Final Budget will be made, which will take the country forward for the next 25 years after getting rid of the Corona epidemic.
Budget 2023 Highlights
Under Budget 2023 Highlights, real estate companies are expressing hope that under the upcoming budget, the government will also take steps on the availability of loans for them. If such steps are taken by the government, then the housing projects are going to gain a lot of momentum. Actually, let us tell you that the Finance Minister is going to present the general budget on 1 February 2023.
Experts of the real estate sector are of the view that during the upcoming budget, the government may announce tax relief for buying houses, this can bring huge profits to the customers as well as the real estate companies. It is expected that according to the Budget 2023 Highlights, the government will take great care of it.
Budget 2023 India
The new year is about to come and along with the new year, the attention of market investors is focused on the Union Budget 2023 2024. This is going to be the last budget of the second term of the Modi government. Under Budget 2023 India, experts and analysts of the equity market believe that the expectations of reforms and tax benefits from this new budget are stuck.
It is expected in the market under Budget 2023 India that the fiscal deficit and inflation will be reduced by the Finance Minister. Keeping it under control, the pace of development will continue. Where has it gone through HDFC Securities that the government will bring forth its fiscal prudence, and will not resort to any such radical announcement.
Budget 2023 Consultation
- The general budget is likely to be presented in the Parliament on February 1 under the Budget 2023 Consultation.
- As it has been revealed in the official information that the government can avoid any big announcement in the budget 2023.
- The main mantra of the government will be that investment-based development should continue.
- According to the Budget 2023 Consultation, the market is also hopeful of a change in the income tax structure.
- The government is of the view that there should be a discussion on raising the investment limit under section 80c keeping inflation in mind.
- At a time when the global recession is prevailing and clouds of apprehension are hovering, everyone’s eyes are fixed on the budget 2023-2024.
- However, several consultation meetings have been held for Budget 2023 by the Finance Minister.
- Consultations are being received from the public regarding the budget 2023 by the government.
FAQs related to Budget 2023
When is Budget 2023 coming?
Budget 2023 is coming on February 1, 2023.
How can I present my suggestions under Budget 2023?
To give your suggestions under Budget 2023, you have to follow the guidelines provided in this article.
