Budget Articles

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R Venkataraman
26 Jan 2023, 09:00

Budget 2023 likely to be populist without compromising on growth

Budget 2023 likely to be populist without compromising on growth

Budget 2023 likely to be populist without compromising on growth

Disinvestment targets need to be pruned after successive years of disappointments. There is a risk of customs duties being raised on selective items as this government has been inclined to be protectionist in its pursuit of domestic manufacturing. Simplified capital-gains tax structure, and increase in 80C deduction limit and general tax exemption limit are some key expectations from Budget 2023.

The time for PLI 2.0 is now: Budget 2023-24 needs to deliver if India is to become the factory of the world
Hetal Gandhi
20 Jan 2023, 18:48

The time for PLI 2.0 is now: Budget 2023-24 needs to deliver if India is to become the factory of the world

The Production-Linked Incentive (PLI) scheme announced by the government of India in March 2020, started with three manufacturing sectors. Today it has 15 (including one proposed) under its fold. The scheme has sparked investment commitments of ₹3.5-4 lakh crore, which would account for 16% of the total expected industrial capex between fiscals 2023 and 2027.

Budget 2023-24: What the common man wants on the personal tax front
Nitin Baijal,Sahil Bhasin,Kajal Gupta
19 Jan 2023, 13:54

Budget 2023-24: What the common man wants on the personal tax front

The government may increase the threshold limit for the highest tax rate from ₹10 lakh to ₹20 lakh, provide a deduction for education expenses, and announce guidance/policy-related aspects on work from home.