Union Budget 2023: Expectations Of The Business And The Common Public
The Union Budget will be presented by Finance Minister Nirmala Sitharaman on February 1. For the fifth time, Sitharaman will propose the federal budget. It took the Finance Minister of 2022 nearly 1.5 hours to present the budget . Her 2 hours and 40 minutes 2021 budget address set a record for length in Indian history. As the Union Budget for FY 2023–2024 approaches, the government is anticipated to pay attention to a number of significant topics. Undoubtedly, one of the areas of importance will be the expansion and development of the economy. The upcoming Union Budget will be the last full-year budget from the Modi government before the upcoming Lok Sabha elections , which are anticipated to take place in early 2024. The primary objective of the finance minister, Nirmala Sitharaman, expected to sustain future growth while reducing the budget deficit and inflation. Union Budget 2023: Expectations of the Business and the Common Public 1. Income Tax Slabs With the exceptio...