New Delhi, Feb 6 : The Union Budget 2023-24 has done well for developing and enhancing the digital talent pool in the country that will help fully realise our demographic dividend, industry leaders said on Monday. The country is expanding investments in modern capex, digitalisation, skilling f […]
Category: Decoding budget
Budget doubles funds for Indian knowledge system; thrust on regional languages
By Ganesh Bhatt New Delhi, Feb 5 : Special provisions have been introduced in the Union Budget 2023-24 to promote indigenous languages and Indian Knowledge System (IKS) among the youth. An allocation of Rs 300.7 crore has been made in the budget for teaching, promoting and encouraging the y […]
Higher capex, infra push, green initiatives to drive up demand for bank funds
By Venkatachari Jagannathan Chennai, Feb 5 : The Indian banking sector is happy with the Union Budget for 2023-24 presented by Finance Minister Nirmala Sitharaman. For the banking sector which is seeing an increased credit offtake in the recent times, is expecting more business due to increa […]
Budget gives larger wings to regional connectivity scheme UDAN
By Kumar Vikram New Delhi, Feb 5 : While the last couple of months have witnessed consistent growth in the aviation traffic in the country, the budget announcement to revive 50 aircraft landing sites comprising airports, heliports and water aerodromes is likely to give more wings to the governmen […]
From savings to spending: What new IT rules tell us about govt's intentions
By Venkatachari Jagannathan Chennai, Feb 5 : The government is moving India away from a saving economy -- the old Income Tax (IT) regime loaded with tax deduction investments -- to a spending economy by luring people to a new IT regime that is sans any tax savings investments, said chartered accou […]
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