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Decoding the Budget

Decoding the Budget

Updated : Dec 28, 2023

Budget 2024: A look at Saptarishi, the 7 priorities of Budget 2023

In Budget 2023, Union Finance Minister Nirmala Sitharaman listed seven top priorities of the Union Budget 2023 that would act as the 'Saptarishi' guiding the government through the Amrit Kaal.

Updated : Dec 22, 2023

Interim budget vs full-year budget: Decoding the basics before Budget 2024

These two budgets serve distinct purposes and timelines, catering to specific needs within India's economic cycle.

Updated : Feb 07, 2023

'There are no answers for some questions': Nitin Gadkari on why politicians are not charged toll tax

The minister also said that ambulances and press vehicles are exempted from toll tax charges.

Updated : Feb 06, 2023

BT Budget Roundtable: Will FM slash income tax rate from 30% to 25% in next budget?

'Let the current bill get passed in the Parliament first. Thereafter, we may think about it (slashing tax rate),' says FM Sitharaman

Updated : Feb 06, 2023

FM Sitharaman explains why India loves ‘Hum Aapke Hain Koun’

'The film was enjoyed by one and all as it spread happiness and togetherness among family members. That should be our motto for the betterment of our country,' Sitharaman added.

Updated : Feb 06, 2023

BT Budget Roundtable: 'Not extending deadline for lower corporate tax biggest miss of Budget 2023,' say experts

The tax experts felt that the government should have extended the deadline for availing 15 per cent corporate tax beyond March 2024.

Updated : Feb 06, 2023

BT Budget Roundtable: Can make many more high-speed corridors in the future, says Railway Minister Ashwini Vaishnaw

I wouldn't take any name of any other country, but there are countries which have taken 15 to 18 years to design the high-speed railway, Vaishnaw said.

Updated : Feb 06, 2023

BT Budget Roundtable: Semiconductors important for India’s future, says IT Minister Ashwini Vaishnaw

India announced its semiconductor policy on January 1, 2022, with a financial outlay of Rs 76,000 crores for not just setting up the wafer and display fabs but building a semiconductor ecosystem.

Updated : Feb 06, 2023

FM Sitharaman on India's GDP growth: 'Very uncertain time, difficult to project number'

The ongoing war in Ukraine and the central banks' move to hike interest rates to tame persistent high inflation have slowed down economic growth globally. A number of countries are likely to slip into recession, according to World Bank and IMF.

Updated : Feb 06, 2023

Reskilling necessary as Indian industry looks to significantly expand manufacturing capacity, says FM

BT Budget Roundtable: Sitharaman said that since most such jobs required definitive skill sets, the government had committed itself to encouraging Industry 4.0 and upskilling of manpower in a big way in the budget proposals for FY24

Updated : Feb 06, 2023

BT Budget Roundtable: Days of 10% GDP growth are gone, says Finance Secretary

The period of dramatic growth in global trade that took place between 1995 and 2010 is gone, says T V Somanathan

Updated : Feb 06, 2023

BT Budget Roundtable: Confident about achieving Rs 10 lakh cr capex target for FY24, says Finance Secretary

T V Somanathan said the Rs 7.5 lakh crore target that the government had set for itself for FY23 will be met at over 97%

Updated : Feb 06, 2023

BT Budget Roundtable: Attaining 10% GDP is like a distant dream right now, says Finance Secy Somanathan

Somanathan said, “ I doubt that we should. 10 per cent GDP growth in the present era cannot be attainable sustainably. It is not very realistic.”

Updated : Feb 06, 2023

Snapdeal’s Kunal Bahl hails PAN card as common identifier for businesses

Bahl said that with the government focusing on data embassies, it can only be determined that digitisation remains the key aspect of the country right now.

Updated : Feb 06, 2023

'A rupee spent on road will give a return of 2.5 times,' says Jayant Sinha; calls capex secret sauce for growth

Talking about India's GDP growth, Sinha said that next year, global economy is likely to hit a recession or be very close to a recession. "With the global economy in a recessionary scenario, for us to be able to do a 6.5 per cent growth is absolutely remarkable and that is why India is being seen as a shining star globally."

Updated : Feb 06, 2023

Adani-Hindenburg issue should be debated in the Parliament, urges Swadeshi Jagran Manch

Talking at the Business Today Budget Round Table 2023, Ashwani Mahajan, National Co-convener of Swadeshi Jagran Manch said, the probable intervention by foreign hands must be debated.

Updated : Feb 06, 2023

'Not a squeak from regulators': Congress' Supriya Shrinate tears into ongoing Adani vs Hindenburg row

BT Budget 2023 Roundtable: Congress’ Supriya Shrinate questioned BJP’s Sudhanshu Trivedi on how is the Modi government incentivising India Inc or corporate India by letting one man build monopolies across sectors. 

Updated : Feb 06, 2023

BT Budget Roundtable: Govt has done well by giving precedence to growth over populism, say experts

Commending the central government’s focus on long-term economic growth and fiscal discipline in Budget 2023, experts have said that it would prepare the ground for many more enabling policies in the future.

Updated : Feb 06, 2023

Old tax regime vs new tax regime: New tax regime's acceptance will take time, say experts

BT Budget Roundtable 2023: Finance Minister Nirmala Sitharaman, while presenting the Budget, said that the new tax regime will be the default tax regime from now.

Updated : Feb 06, 2023

Nitin Gadkari has ambitious plans for India's roads, says they will be on par with US by 2024

He was speaking at Business Today Budget roundtable 2023, in conversation with Siddharth Zarabi, Managing Editor, Business Today TV.

Updated : Feb 06, 2023

Delhi to Dehradun in 2 hours! Nitin Gadkari gives a sneak peek into future travel-time between Indian cities

BT Budget 2023 roundtable: Nitin Gadkari said that commuters will avoid taking short-distance flights with the improvement in road connectivity. 

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