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Let's delve into the sectorial impact of the Union #BudgetWithAngel on various industries and get a comprehensive overview of the #UnionBudget2023 while highlighting key #investment trends in these industries.
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Did you actively trade during the budget announcement?
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Let's know in the comments which regime you think is a better one!
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Here are some key highlights of the Union Budget 2023!
Stay updated about the #BudgetWithAngel
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What are your thoughts on the #UnionBudget2023?
Tell us your views in the comments below.
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Here we conclude the live tweeting of the Union Budget 2023!
Stay tuned with Angel One as we continue to decode the #BudgetWithAngel
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The average processing time for income tax returns was reduced from 93 days to just 16 days. The new tax regime is now the default, but citizens can still opt for benefits under the old regime
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In the Union Budget announcement, Finance Minister sets a Fiscal Deficit target at 5.9% of GDP for 2023-24
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The Finance Minister announced that 50 tourist destinations will be selected through challenge mode to be developed as a whole package for domestic and international tourism
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Finance Minister announced a Rs 35,000 crore outlay towards the country's transition to cleaner energy!
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Transport Infra Projects✈️🚆🚊
50 Aviation Infrastructure Revitalization Projects to Receive Rs 75,000 Crore Investment, with Rs 15,000 Crore from Private Sources
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Development for Railways🚂
The railways would receive a capital outlay of Rs 2.40 lakh crore, which is a 9x increase from FY14
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The outlay for PM Awaas Yojana is being enhanced by 66% to over Rs 79,000 crores
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The #UnionBudget2023 is based on the 7 priorities
1️⃣ Green growth🌱
2️⃣ Youth power💪🏻
3️⃣ Inclusive development
4️⃣ Reaching the last mile
5️⃣ Infrastructure and investment🚇
6️⃣ Unleashing the potential
7️⃣ Launch of digital platform👩🏻💻
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In the last nine years, India's economy has grown from the 10th to the 5th largest in the world
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According to the Finance Minister, per capita income has risen to Rs 1.97 lakh
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The National Rural Livelihood Mission has achieved remarkable success by mobilizing rural women into 1 lakh SHGs
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Vision for the Amrit Kaal includes a technology-driven👩🏻💻 and knowledge-based📚 economy, with strong public finances and a robust financial sector.
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The three main goals of the economic agenda are to provide adequate opportunity for individuals, particularly for youth, to stimulate growth and job creation, and to stabilize the macroeconomy.
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In her Budget speech, the Finance Minister sees the economy growing at 7% in the current year, the highest among major economies.
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