Key Highlights of Budget 2023
By: Global Trends Hub
Nirman Sitaraman is the first lady to provide 5 budgets in a row.
1
Govt proposes to increase income tax rebate limit from 5 lakh to Rs 7 lakh in new tax regime.
Govt proposes to increase income tax rebate limit from 5 lakh to Rs 7 lakh in new tax regime.
2
100 labs to be set up for 5G Solutions across engineering Colleges.
100 labs to be set up for 5G Solutions across engineering Colleges.
3
Senior citizen savings scheme maximum investment limit has been increased from 15 lakh to 30 lakh.
Senior citizen savings scheme maximum investment limit has been increased from 15 lakh to 30 lakh.
4
Digilocker and Aadhar will be used as a one stop solution addressing KYC Needs.
Digilocker and Aadhar will be used as a one stop solution addressing KYC Needs.
5
157 New Nursing Colleges will be established in Colocation with the existing 157 medical colleges.
157 New Nursing Colleges will be established in Colocation with the existing 157 medical colleges.
6
Smokers would be charged little higher as cigarettes will become costlier so they would be taxed higher bracket.
Smokers would be charged little higher as cigarettes will become costlier so they would be taxed higher bracket.
7
50 tourist destinations will be selected through the challenge mode to be developed as a whole package.
50 tourist destinations will be selected through the challenge mode to be developed as a whole package.
8
A Capital Outlay of Rs.2.40 lakh Crores has been provided for the Railways.
A Capital Outlay of Rs.2.40 lakh Crores has been provided for the Railways.
9
38,000 Teachers will be recruited within three years for Tribal schools.
38,000 Teachers will be recruited within three years for Tribal schools.