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Union Budget 2023: On February 1 today, Union Finance Minister Nirmala Sitharaman will deliver the last comprehensive Union Budget of the Modi administration before the 2024 Lok Sabha elections. The strategy is expected to boost funding for logistics, defense, and infrastructure, benefiting allied businesses. The first half of the Parliamentary Budget Session, which began on Tuesday, will end on February 13. The Parliament will reconvene on March 12 for the second half of the budget session, which will end on April 6.
Good news for taxpayers!
New personal income tax slabs have been announced in this year’s Budget. The new personal income tax rates are:
- 0 to ₹3 lakhs – nil
- ₹3 to 6 lakhs – 5%
- ₹6 to 9 Lakhs – 10%
- ₹9 to 12 Lakhs – 15%
- ₹12 to 15 Lakhs – 20%
- Above ₹15 Lakhs – 30%
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#Union #Budget #Live #Updates #Cheaper #Costlier #Heres #List #Kashmir #News
( With inputs from : kashmirnews.in )
Budget 2023: What gets cheaper or costlier
Finance Minister Nirmala Sitharaman announced a host of increases and cuts in duties on several products, leading to rises or falls in the prices of several commodities. Here’s a list:
What Gets Cheaper
What Gets Costlier
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