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2023(2023) Union Budget of India. The 2023 Union Budget of India was presented by the Minister of Finance of India on February 1, 2023. This was the fourth budget of Narendra Modi -led NDA government's second term, starting from 2020. The Economic Survey for 2022–2023 was released on January 31, 2023 before the budget.
The first union budget of independent India was presented by R. K. Shanmukham Chetty on 26 November 1947. Total revenues stood at ₹171.15 crore, and the fiscal deficit was ₹24.59 crore. The total expenditure was estimated at ₹197.29 crore with Defence expenditure at ₹92.74 crore.
Expenditure State Budget (in crore rupees) FY Reference Andhra Pradesh ₹ 279,279 crore (US$33 billion) 2023-24 [1]Arunachal Pradesh ₹ 29,657 crore (US$3.6 billion) 2023-24
4.9% of GDP (Target) GDP. 3.937 Trillion. Website. www.indiabudget.gov.in. ‹ 2024 (Interim) 2025›. The 2024 Union Budget of India[1] (ISO: 2024 Ke liye Bhārat Kā Saṅghīya Bajaṭ) was presented by Finance Minister, Nirmala Sitharaman on 23 July 2024. This was the first budget of Narendra Modi led NDA government 's third term.
The New Tax Regime is a scheme of Income tax in India first proposed in Union Budget 2020–21. [1] Subsequent Budget of FY2021-22 did not see any major announcements in this regime. [2] During the Budget 2022–23, reports emerged that New Tax Regime was getting poor response [3] and Government is considering to make it more attractive among ...
The 2023 Union budget of India also focused significantly on infrastructure with ... 51.1% higher than the 2010 figure of $24.15 billion. India has strengths in ...
The 2024 Interim-Union Budget of India[1] provides comprehensive information regarding the projected revenue and government spending for the fiscal year 2024–25, commencing on 1 April 2024 and concluding on 31st March 2025. [2][3][4] Finance Minister Nirmala Sitharaman presented the Union Budget in the Lok Sabha on 1 February 2024 following ...
In presenting the defence budget of 2018–2019, the Finance Minister allocated ₹404,365 crore (equivalent to ₹ 5.4 trillion or US$65 billion in 2023) for the Ministry of Defence (MOD). [7] This translates into an increase of 5.66% over the 2017–2018 defence budget.