Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tightrope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections. The personal income tax rebate limit has been increased to Rs 7 lakh from the fiscal year starting April 1 under the new tax regime from the previous Rs 5 lakh.
In this episode of Expert Analysis, Professor Anil K Sood, Co-Founder, Institute for Advanced Studies in Complex Choices explains breaks down Union Budget 2023-24.

#budget2023 #budget #nirmalasitharaman #indianeconomy

Also Read-
1) Budget 2023: Mighty dragon slayer of ills holding back the Indian economy: https://www.newindianexpress.com/web-only/2023/feb/01/budget-2023-mighty-dragon-slayer-of-ills-holding-back-the-indian-economy-2543398.html

2) Smoking to be costlier as Budget proposes 16 per cent hike on cigarette duty:
https://www.newindianexpress.com/nation/2023/feb/01/smoking-to-be-costlier-as-budget-proposes-16-per-cent-hike-on-cigarette-duty-2543373.html
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