Union Budget 2023 live updates: Modi Govt announces New Tax slab

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+

12:50 PM- Pradhan Mantri Kaushal Vikas Yojana 4.0, to skill lakhs of youth within next 3 years

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

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

Union Budget updates:

11:35 AM- Serving tribal students under Eklavya Model

11:33 AM- Centre to recruit 38,800 teachers

11:30 AM- National Digital Library for children and Adolescents

11:29 AM- Focus on boosting health infrastructure in tribal areas

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

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

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

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.