Finance Minister Nirmala Sitharaman presented the last full-fledged Union Budget of the Modi government before the 2024 Lok Sabha elections on 1 February 2023. (PTI)

Union Budget 2023: What leading corporates said about the announcements? 1) Avinash G Singh, Senior Vice President – Investment Research, Aranca “We believe that the latest budget presented by the government strikes a balance between fiscal prudence and supporting growth. The allocation of INR 1.97 trillion for infrastructure development, includingContinue Reading

Union Budget 2020

Finance Minister Nirmala Sitharaman presented her 5th straight budget for 2023-24 today. This is also last the full budget of Modi 2.0 govt before the next parliamentary elections in 2024. This year’s budget proposals rested on six broad pillars Inclusive development Reaching the last mile Infra & investment Unleashing theContinue Reading

Govt announces accelerator fund among other incentives for startups - How industry reacted to Budget 2023

Nirmala Sitharaman, Finance Minister, has emphasised entrepreneurship, as well as the perks and exclusions offered to startups are indeed a convenient feature. They are certain to have a positive impact on all of the country’s burgeoning startups. The government’s emphasis on offering the advantage of loss carryforward, as well asContinue Reading

Budget 2023 expectations: Strengthening the startup ecosystem

By Sridhar R India is now the third largest startup ecosystem globally, with 100+ unicorns and over 80,000 startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) across the country. The sector is witnessing a steady rise in SaaS-based companies, GCCs, as well as several emergingContinue Reading

Union Budget 2023 for jobs: Sustainable employment & entrepreneurship key to India’s growth story

Sustainable employment generation and micro-entrepreneurship are crucial for driving India’s economic growth and development. With a population of over 1.3 billion people, providing opportunities for self-employment and creating jobs is essential for promoting inclusive economic growth. The unemployment rate as on 19 December 2022, based on The Centre for MonitoringContinue Reading