Ravi Tiku’s Perspective: Decoding Today’s Headlines
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For every rupee the government spends, 20 paise goes into repayment of debt, liabilities. For every rupee that Government of India earns, 34 paise comes through borrowings and liabilities while Goods and Services Tax …
In her 2023-24 Union Budget speech, the finance minister announced that the total central government budget for health (not including research) will be roughly Rs 86,175 crore ($10 billion) — that is, roughly Rs …
On the expenditure side, the budget has projected central government spending to rise by just 7.5 per cent in 2023-24. This is lower than what it expects the economy to grow at. Thus, total …
Budget 2023: New income tax slabs have been announced Budget 2023: Finance Minister Nirmala Sitharaman announced new tax slabs and scrapped the old twin-structure system that was unboxed in 2020 Budget 2023 Edited by Debanish …
The above prognosis, probably somewhat over-optimistic, is significant, coming less than two weeks before the Union Budget for 2023-24. The world is, no doubt, viewing India favourably as an investment destination. Demonstrating macroeconomic stability …