Budget 2023

The Union Budget 2023 is here and FM Nirmala Sitharaman announced some changes that will impact the technology sector. Notably, mobile phones could become cheaper. Union Budget 2023: FM Nirmala Sitharaman presented the Budget today in Parliament where she also announced changes that will impact the technology sector. In recent years, technology has played a crucial role in India's economic growth. While the Make in India initiative and cybersecurity have been getting all the attention, the Finance Minister Nirmala…

Budget 2023: Finance Minister Nirmala Sitharaman has just presented the Budget in Parliament and here is what is set to get cheaper and expensive in the tech world. It is the fifth consecutive year Finance Minister Nirmala Sitharaman has presented the annual budget in Lok Sabha. The Budget 2023 is very important as it is the last full budget of the current government before next year's parliamentary elections. As the world deals with the economic downturn, which has seen multiple tech companies resorting to mass…

Many initiatives in the field of technology were announced in the Budget 2023-24, including 5G labs, Centers for Excellence in AI and more. The Budget for 2023-24 was just presented in the Lok Sabha by the Finance Minister Nirmala Sitharaman where she announced important reforms and initiatives in various technology-related fields. One of the most rapidly growing fields that has the potential to revolutionize the way we live and work is Artificial Intelligence (AI). AI can be helpful in a number of ways, such as its…

Updating your PAN Card through KYC could become a simplified task, thanks to a proposal by the Finance Minister N. Sitharaman proposed in the Union Budget 2023. Highlighting the need of easing and simplifying the online KYC process, Finance Minister Nirmala Sitharaman announced a new proposal for PAN Card holders. With the mission of expanding Digital India mission, the Government will take this step-in order to enable a more efficient KYC process for all citizens in the country. This new initiative by the Modi…

The National Data Governance Policy was announced today by FM N. Sitharaman in her Budget speech. It will help simplify the KYC process while anonymizing individual data. Finance Minister Nirmala Sitharaman presented her fifth consecutive budget today for 2023-24 in the Lok Sabha. Coincidentally, this was the last full budget of the Modi government before the Parliamentary elections of 2024. Several initiatives guided by 7 priorities were announced. Aside from the proposals about the new income tax regime, numerous…

Mumbai: The Centre will set up a National Digital Library for children and youth to facilitate access to quality books across subjects, finance…

Finance Minister Nirmala Sitharaman on Wednesday announced a cut in customs duty on the import of certain inputs for mobile phone manufacturing.In her Budget 2023-24 speech, she said India's mobile phone output rose from 5.8 crore units in 2014-15 to 31 crore units last fiscal.Her announcement comes at a time when India has aggressively positioned itself as an electronics powerhouse to the world, as global players look for a China plus 1 strategy.In fact, India has emerged as the world's second-largest mobile phone…

FM Nirmala Sitharaman has announced the Budget 2023-24. In it, she had various proposals that will impact the tech sector, including smartphones turning cheaper, 5G Labs to be introduced and much more. The Union Budget for the 2023-24 fiscal was announced by Finance Minister Nirmala Sitharaman today in Parliament. Continuing the paperless tradition, she read out the details of the budget from her tablet for the third year in a row. While the major highlight from the budget was the hike in capital expenditure and…

Nirmala Sitharaman presented her fifth budget today (PTI Photo) The Budget 2023 was presented today in the Parliament and we bring to you the top reactions from the automobile industry with regards to the Union BudgetThe Budget 2023 was presented today in the Parliament by Finance Minister Nirmala Sitharaman. A few major announcements were made in regards with the automobile industry in the budget. The most prominent being allocation of Rs 35,000 Crore in support of green projects and net-zero emission products. The FM…

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