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Key Budget Facts You Should Know | Union Budget 2023 | Mint Primer | Mint
The Government presents its Budget on the first day of February so that it could be materialized before the beginning of the new financial year in April. This year, the Budget 2023 is too significant having been the last full union budget being presented by the Modi government before 2024 parliamentary polls and here are key facts that you must know before you get to watch the Budget session on February 1.
22 Jan 2023Opinion | Doing business: Aim must be to scale top 25 by ’22
The immediate target is to ensure India reaches top 50 in 2020 Doing Business report
3 min read19 Nov 2018Budget 2018: Good news for tax-paying senior citizens
Budget 2018 proposes a slew of benefits for senior citizens, providing them tax benefits in healthcare and giving higher income from interest
3 min read2 Feb 2018Steve Bannon is said to call for 44% tax on incomes above $5 million
It's unclear whether President Donald Trump would support Steve Bannon's move, which would bring the top rate, currently 39.6%, to the highest level in 30 years
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The finance ministry is planning to bring companies with Rs100-500 crore revenue under the 25% corporate tax bracket from 2018-19
3 min read1 May 2017Donald Trump tax plan will sharply slash corporate tax rates
Donald Trump's tax plan is proposing to slash corporate income tax rate and offer multinational businesses a steep tax break on overseas profits brought into the US
3 min read26 Apr 2017Union budget math rests on rich asset-sale, optimistic targets
In the Union Budget , the government has pledged to shrink the budget deficit, to 3.2% of GDP in the fiscal year 2017-18. Keeping that promise will be tough, say economists
3 min read3 Feb 2017Will budget 2017 revive consumer spending?
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1 min read1 Feb 2017Income tax rates expected to come down, says Arjun Ram Meghwal
Minister of state for finance Arjun Ram Meghwal indicated there is a possibility of lower income tax rates in the upcoming union budget which is expected on 1 February
1 min read14 Dec 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared