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Former Financial Minister P Chidambaram Speaks On Budget 2023 | Beyond The Headlines
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February 1, 2023
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Feb 1, 202315:58Now PlayingIn this episode of Beyond The Headlines with Tamanna Inamdar, the anchor will be discussing budget 2023. The Union government, headed by Financial Minister Nirmala Sitharaman presented the Budget for the year 2023. In the new tax regime, which will be the default version, the government has simplified the slabs. There will be no tax on income up to 7 lakh rupees per year, up from 5 lakhs, and the highest applicable tax rate in India after surcharges will be reduced from 42.7 percent to 39 percent. The minister announced a 2.4 lakh crore outlay for railways, the highest in nearly a decade and four times the previous year's budget. Cigarettes, clothing, silver, imitation jewelry, and imported toys will be more expensive, while TVs, mobile phones, and lab diamonds will be less expensive. The guest for this episode, P Chidambaram said (Former Financial Minister) said, "The Budget Speech should have spelled out what steps the govt will take to contain inflation & generate jobs”. Watch the video to know more!
#tax #budget2023 #pchidambaramonbudget
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