GDP growth Intent: The budget document is vital to understand GDP growth expected for the next year. ₹3.9 trillion: The amount by which the fiscal deficit exceeded the Centre’s tax revenues in 2020-21, the year when covid-19 hit. Capital expenditure Intent: A stated intention of this government, especially post-covid, has been to do ‘good spending’—investments that have a trickle-down effect …
Budget 2023: Finance Minister Nirmala Sitharaman will present the Union Budget on February 1. Even though it is only a small part of the Budget document, the speech is the most important aspect. BUDGET 2023: FULL COVERAGE Direct and indirect tax announcements are included in Part B. The government's capital expenditures, administrative expenses, tax revenue, non-tax revenue, subsidy payments for …
