Read Union Budget 2023 live updates here:
Union Budget 2023 live updates:
Today, Finance Minister Nirmala Sitharaman is presenting the 2023 Union Budget.
1:02 PM- 0 tax upto 7 lakh, 5% for 3-6 lakh, 15% for 9-12lakh, and 30% for 15lakh+
Personal #IncomeTax for the hardworking middle class
Currently, those with an income of Rs 5 lakhs do not pay any income tax and I proposed to increase the rebate limit to Rs 7 lakhs in the new tax regime
Finance Minister @nsitharaman
#Budget2023 #AmritKaalBudget pic.twitter.com/4PBNa3KsG5
— PIB India (@PIB_India) February 1, 2023
12:50 PM- Pradhan Mantri Kaushal Vikas Yojana 4.0, to skill lakhs of youth within next 3 years
Pradhan Mantri Kaushal Vikas Yojana 4.0 to be launched to skill lakhs of youth within next 3 years – on-job training, industry partnership, alignment of courses with industry needs to be emphasized, new age courses like coding, robotics to be included
— PIB India (@PIB_India) February 1, 2023
12:47 PM- Cotton gets Budget boost
Union Budget 2023 live updates:
12:30 PM- As TFI predicted, Modi government has catered to the demand of the middle class, by raising the tax rebate from Rs 5 lakh to Rs 7 lakh
Read more: Budget 2023: Long wait for middle class is going to end now
12:26 PM- Trade refinancing under IFSCA ACT
12:25 PM- 36 Skill India International centres
12:24 PM- Pan India national apprenticeship scheme, direct benefit transfer to 47 lakh youth in 3 years
12:22 PM- For MSMEs: Rs 9,000 crore for revamped Credit Guarantee Scheme
Union Budget 2023 live updates:
12:21 PM- 19700 crore outlay for green hydrogen plan
12:20 PM – Amrit Darohar scheme to be implemented over next 3 years
12:17 PM- Scheme to replace old polluting vehicles
12:16 PM- Vision of Make AI in India and Make AI Work for India, 3 Centres of Excellence for Artificial Intelligence to be set up
12:15 PM- To encourage indigenous production of LGD (Lab-Grown Diamonds) seeds & machines and to reduce import dependency, a research & development grant will be provided to one of the IITs for five years
Union Budget 2023 live updates:
12:15 PM- The Jan Vishwas Bill has been introduced to amend 42 central acts & unleash the potential of our economy
12:14 PM- National Calamity Custom duty on specified cigrettes proposed to be revised up to 16 percent, says Sitharaman
12:13 PM- Fiscal deficit for FY24 projected at 5.9% of GDP
12:12 PM- ‘Mahila Samman Saving Certificate,’ a new small savings scheme with a deposit limit of up to Rs 2 lakh in the name of women, will be offered for 2 years until March 2025 with a 2-year tenor, 7.5% fixed rate, and partial withdrawal option. The senior citizen saving scheme’s maximum deposit has increased from Rs 15 lakh to Rs 30 lakh.
12:10 PM- FM Sitharaman proposes to reduces the number of basic customs duty rates
Union Budget 2023 live updates:
12:09 PM- 100 labs for 5G apps development
12:07 PM- The maximum deposit for senior citizen saving scheme to be enhanced for Rs 15 lakh to Rs 30 lakh
12:05 PM- FM announces Rs 35 crore for energy transition and net-zero carbon emission target
12:03 PM- India is moving forward firmly for the ‘panchamrat’ – the net zero carbon emission by 2070
11:59 AM- PAN will be a common identifier for digital systems
11:58 AM- Rs 19,700 crore outlay for green hydrogen plan
National Green Hydrogen Mission with outlay of Rs. 19,700 crores will facilitate transition to economy to low carbon intensity, our target is to reach annual production of 5 MMT by 2030#AmritKaalBudget
— PIB India (@PIB_India) February 1, 2023
Union Budget 2023 live updates:
11:57 AM- Phase 3 of E courts project outlay: 7k crore
11:55 AM- Railway outlay at 2.40 lakh crore
11:51 AM- 50 Additional airports and heliports to be revived
11:50 AM- Capital Investment to be 3.3% of GDP
Union Budget 2023 live updates:
11:40 AM- 10 lakh crore outlay for Capital Investment
11:38 AM- PM AWAS outlays enhanced by 66% to over 79k crore
11:36 AM- Cities will be incentivized to improve credit worthiness of municipal bonds, says FM
11:35 AM- Will set up 3 centers under Make-AI-in-India to conduct research, says FM
Budget 2023: Finance Minister announces Agriculture Accelerator Fund
Read @ANI Story | https://t.co/73fZATYVfj#NirmalaSitharaman #Agriculture #BudgetSession #UnionBudget2023 #BudgetSession pic.twitter.com/NmuOTehqKI
— ANI Digital (@ani_digital) February 1, 2023
Union Budget updates:
11:35 AM- Serving tribal students under Eklavya Model
11:33 AM- Centre to recruit 38,800 teachers
38,000 teachers and support staff to be recruited in next 3 years, for 740 Eklavya Model Residential Schools serving 3.5 lakh tribal students#AmritKaalBudget
— PIB India (@PIB_India) February 1, 2023
11:30 AM- National Digital Library for children and Adolescents
11:29 AM- Focus on boosting health infrastructure in tribal areas
The government proposes to set up a national digital library for facilitating the availability of quality books
States will be encouraged to set up physical libraries at panchayat and ward levels and provide infrastructure for accessing the national digital library resources pic.twitter.com/ZKkcR6EVaw
— PIB India (@PIB_India) February 1, 2023
Union Budget 2023 live updates:
11:28 AM- New Program for research in pharma
11:27 AM- Priority 4 – Health, Education and Skilling
11:26 AM- Priority 3 – Boosting Financial Sector
11:25 AM- Mission to eliminate sickle cell anemia by 2047
Budget 2023 Live Updates | Finance Minister Sitharaman presents Union Budget 2023-24
LIVE @ANI | https://t.co/C7SLIRbTTQ#NirmalaSitharaman #UnionBudget2023 #UnionBudget #BudgetSession #Parliament #Budget2023 pic.twitter.com/X4DzDx8ZFg
— ANI Digital (@ani_digital) February 1, 2023
Union Budget updates:
11:24 AM- 157 New Nursing colleges in 4 locations
11:23 AM- Priority 2 – Reaching the last mile
11:22 AM- To spend Rs 6000 crore to expand fishery markets, says FM
11:22 AM- Agri credit target to be increased to 20 lakh crore
11:21 AM- PM Matsya Yojana to have new sub-scheme
Agriculture Credit Target to be increased to Rs. 20 lakh crores, with focus on animal husbandry, dairy, and fisheries
A new sub-scheme of PM Matsya Sampada Yojana to be launched, with a targeted investment of Rs. 6000 crores#AmritKaalBudget #Budget2023 pic.twitter.com/q0pJSWWIC4
— PIB India (@PIB_India) February 1, 2023
Union Budget updates:
11:20 AM- 2200 crore for Aatmanirbhar clean plant.
11: 18 AM- Digital Infrastructure for Agriculture, acceleration of funds for agri-startups, transform agricultural practices
11:18 AM- Priority 1 – Sustained focus on Jammu and Kashmir and North-East
11:17 AM- Budget adopts seven priorities
#Budget2023 adopts 7 Priorities will act as Saptarshis guiding through #AmritKaal
1 Inclusive development
2 Reaching last mile
3 Infrastructure & investment
4 unleashing potential
5 Green growth
6 Youth Power
7 Financial Sector: Finance Minister @nsitharaman#AmritKaalBudget pic.twitter.com/yt7bSyY5AO— PIB India (@PIB_India) February 1, 2023
Union Budget 2023 live updates:
11:16 AM- Green power and Financial sector is the focus
11:15 AM- Promotion of tourism will be on mission mode
11:14 AM- New scheme for artisans
11:13 AM- Focus on Eco empowerment of women
Union Budget live updates:
11:12 AM- Boost macro economic stability
11:11 AM- 11.7 cr new households now have toilets.
11:09 AM- Per Capita doubled to 1.97 lakh.
Union Budget live updates:
11:07 AM- Youth, women, farmers and OBCs in focus.
11:04 AM- Budget is a blue print for next 100 years.
11:01 AM- First budget in the Amrit Kaal.
