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      • Budget Live Blog 2023: FM Nirmala...
      News

      Budget Live Blog 2023: FM Nirmala Sitharaman Set To Unveil Budget At 11AM

      This is BOOM's Union Budget 2023 live blog. Covering all the latest updates as they happen.

      By - Mohammed Kudrati | 31 Jan 2023 11:32 AM GMT
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    • Budget Live Blog 2023: FM Nirmala Sitharaman Set To Unveil Budget At 11AM
      Listen to this Article

      Finance Minister Nirmala Sitharaman is set to present her fifth Union Budget before Lok Sabha at 11AM.

      Just before her budget, the Union Cabinet is expected to meet and approve of the Union Budget

      She oversaw the first budget of the incumbent government in 2019, and the response of the government through the COVID-19 pandemic.

      The Economic Survey has pegged India's growth at 6.5% next fiscal - in 2023 -24. In the current fiscal year, the economy will grow 7%. The document was yesterday in Parliament by Sitharaman

      The Union Budget will be the last full budget before the next general election, expected to be held next year. The budget also follows the International Monetary Fund's World Economic Outlook, which pegs India's growth for this year and the next as the fastest among major economies.

      Follow our live blog for more such updates.


      Live Updates

      2023-01-31 11:32:41
      • 1 Feb 2023 6:53 AM GMT

        Rebate limit increased to ₹7 lakhs in the new tax regime


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      • 1 Feb 2023 6:49 AM GMT

        16% Hike In National Calamity Contingent Duty on select types of cigarettes


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      • 1 Feb 2023 6:43 AM GMT

        Fiscal deficit below 4.5% of GDP by 2025 - 2026 on track too, says FM


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      • 1 Feb 2023 6:40 AM GMT

        States to be allowed fiscal deficit of 3.5% of GSDP, subject to 0.5% being spent on capital expenditure


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      • 1 Feb 2023 6:39 AM GMT

        FY23 Fiscal Deficit expected to be at 6.4% of GDP, in line with the last budget


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      • 1 Feb 2023 6:37 AM GMT

        FY24 Fiscal Deficit Goal At 5.9% At GDP

        On course to fiscal deficit below 5%, says FM Sitharaman

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      • 1 Feb 2023 6:35 AM GMT

        'Data Embassies' To Be Facilitated for GIFT City

        GIFT City to also get closer integration to special economic zone (SEZ) rules. Making the area more open to foreign derivatives too (by recognising them as valid contracts). 

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      • 1 Feb 2023 6:19 AM GMT

        PM Pranaam scheme to be launched for the promotion of alternative fertilizers


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      • 1 Feb 2023 6:18 AM GMT

        ₹35,000 crore outlay towards energy transformation initiatives to be in the budget


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      • 1 Feb 2023 6:13 AM GMT

        Scope of DigiLocker to be enhanced, to be expanded with MSMEs


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