Budget 2023-24

[Eagle Eye]

Defence allocation and internal security,any data?

 

[TopWatcher]

Anyone know ISRO budget ?

 

[Abbey]

 

[Abbey]

Anyone know ISRO budget ?

 

[TopWatcher]

Then why we ask ISRO to do. With this budget, bus diwali rocket udaooo.

Becahare ISRO wale bhi has rahe hoon ge

 

[Roshan]

Capex 10 Trillion, Up 33% For 2023/24
Capex Estimate was 9 Trillion Vs Actual 10 Trillion

•FISCAL DEFICIT 6.4 GDP VS GOAL 6.4% FY23

•FY 2023/24 TGT 5.9%

•FY 2025/26 TGT 4.5%

-Net Borrowing & Personal Income Tax

•Increase Rebate Limit To 7 Lakh,Surcharge Cut to 25% From 37.5%

•Current Borrowing 15.4 Trillion
•Next Year Estimate 11.8 Trillion

 

[TopWatcher]

Then why we ask ISRO to do. With this budget, bus diwali rocket udaooo.

Becahare ISRO wale bhi has rahe hoon ge

I think we should tweet to PMO/PM regarding ISRO budget. Someone really pushing ISRO back,

 

[TopWatcher]

Capex 10 Trillion, Up 33% For 2023/24
Capex Estimate was 9 Trillion Vs Actual 10 Trillion

•FISCAL DEFICIT 6.4 GDP VS GOAL 6.4% FY23

•FY 2023/24 TGT 5.9%

•FY 2025/26 TGT 4.5%

-Net Borrowing & Personal Income Tax

•Increase Rebate Limit To 7 Lakh,Surcharge Cut to 25% From 37.5%

•Current Borrowing 15.4 Trillion
•Next Year Estimate 11.8 Trillion

Means bus humara 10T ka budget hai.

Then how we are 3T$ economy ?

 

[ezsasa]

Defence capital outlay 1.62 lakh crore
IA - 37241 Cr.
IN - 52804 Cr.
IAF - 57137 Cr.

 

[TopWatcher]

Pak keh raha hoon ga hmara bhi allocate kar dete

 

[karn]

Defence capital outlay 1.62 lakh crore
IA - 37241 Cr.
IN - 52804 Cr.
IAF - 57137 Cr.


View attachment 192024View attachment 192025View attachment 192026View attachment 192027

Everything is ok on cursory glance except....
(Aircraft and aero engines for airforce) 23k Cr to 15K Cr ..
Tai be like pehle aircraft select kar lo tab paisa poochna.

 

[Arihant Roy]

Here's are the main figures for Defense services. Excluded pensions.

Total allocation under Defense services head( Includes IA, IAF, IN, Ordnance factories, DRDO)

Actuals 2021-22 - 2,34,955.86
BE 2022-23 - 2,39,670.25
RE 2022-23 - 2,66,910.79
BE 2023-24 - 2,76,960.25

So per rise over BE 2022-23 - 27,240 .59 crores or 11.365 percent.

This rise of 11.365 comprises of CAPEX and OPEX and other miscellaneous cost but excludes pensions .

DRDO budget -

Actuals 2021-22 - 8406.22
BE 2022-23 - 9648.39
RE 2022-23 - 9448.39
BE 2023-24 - 10713.89

So increase in allocation over BE 2022-23 - 1065.5 crores or 11.04 percent

 

[prasadr14]

budget is a populist one.

With new tax slabs, middle class and employees should be pretty happy.
It adds a decent amount to their savings monthly.

 

[SKC]

The FM in her speech announced a rebate in n income tax limit to 7 lakh in new tax regime. She also reduced the number of slabs to 5, which will be:
0-3 lakh- nil
3-6 lakh -5%
6-9 lakh - 10%
9-12 lakh-15%
12-15 lakh -20%
Above 15 lakh - 30%
For big earners, the highest effective tax rate has been reduced from 42.7 percent to 39%. The FM left LTCG unchanged, cheering the bourses. Sops

have been offered to common man to move to the new tax regime by rejigging slabs and also bringing the peak rate down


Govt to reduce customs duty on shrimp feed to promote exports: FM Sitharaman

Taxes on cigarettes hiked by 16 percent

Basic import duty on compounded rubber increased to 25 percent from 10 percent.

Basic customs duty hiked on articles made from gold bars

Customs duty on kitchen electric chimney increased to 15 percent from 7.5 percent.

Customs duty on parts of open cells of TV panels cut to 2.5 percent.

Govt proposes to reduce customs duty on import of certain inputs for mobile phone manufacturing.

Better tax slabs then earlier where there was flat 20% and 30% tax when you get even 1 rs more in higher tax slabs.

 

[SKC]

budget is a populist one.

With new tax slabs, middle class and employees should be pretty happy.
It adds a decent amount to their savings monthly.

yes much better than flat slabs of 5-10 lakhs and 10-20 lakhs and 30 lakhs and above.

 

[Kumata]

budget is a populist one.

With new tax slabs, middle class and employees should be pretty happy.
It adds a decent amount to their savings monthly.

wait buddy... devil lies in details .. Specifically for new tax regime...

you are celebrating early...There is nothing populist though.. there is a reason why market went up...

 

[Jimih]

BSE and NSE reacting positively

 

[prasadr14]

wait buddy... devil lies in details .. Specifically for new tax regime...

you are celebrating early...There is nothing populist though.. there is a reason why market went up...

Market went up because this budget would soothe middle class a bit,
ergo, BJP would come back to power in 2024.

Let me tell you, market would have tanked if it gets even a wind of BJP losing power.

devil is always in details but fortunately for India, our tax regime is not that complicated, especially for middle class.
it is only the rich ones that have to circus to save monies.

 

[Sanglamorre]

Govt to reduce customs duty on shrimp feed to promote exports: FM Sitharaman

Taxes on cigarettes hiked by 16 percent

I guess I know what I'm putting in my smokes from now.

 

[Jimih]

Costlier and Cheaper