Budget - Angel One

Nirmala Sitharaman, India’s Minister of Finance, presented the highly-anticipated Union Budget 2023-24 to Parliament on February 1st, 2023. The budget was framed with the theme of “inclusiveness,” with a focus on uplifting the welfare of women, children, Scheduled Castes, and Scheduled Tribes with the overarching aim of India at 100 kept in mind. In line …

Budget 2023: A Boon for Infrastructure and Green Energy  The Indian government’s budget for 2023 placed a strong emphasis on infrastructure development and green energy initiatives. This focus translated into significant financial allocations for these sectors, with capital investment outlay hiked by 33% to Rs 10 lakh crore. This substantial investment aimed to enhance growth …

The FY2021-22 Union Budget announcement started on a positive note with Finance Minister, Ms. Nirmala Sitharaman quoting Rabindranath Tagore: “Faith is the bird that feels the light when dawn is still dark.” With 2020 being a disastrous year owing to the global pandemic, there were signs of recovery with tax buoyancy over the last few …

Direct and indirect tax expectations from an invariable aspect of the run-up to every Budget. Budget 2021 was more significant in the wake of the coronavirus pandemic and the contraction of the economy over the past year. On the direct taxation front, income tax plays a key role for the common citizen. In a significant …

Transcript : Hello Everyone! The third budget of this Government is coming up in a few days & we expect it to be a key event for the Markets. So let’s see, how you as an investor can benefit from it. We expect this Govt. to continue its focus on Infrastructure, Defence & Housing sectors. …

The budget for Indian Railways is set to be presented alongside the general budget on Tuesday, 1 February 2022. Evidently, financial years 2021 and 2022 witnessed a sharp decline in economic activities due to the pandemic. As a result, a comparison between targets set for the previous years with the upcoming fiscal year will not …

When the last year’s budget was presented on February 1, 2020, the Finance Minister had no idea that 2020 was going to be one of the toughest years for the entire world! Last year, the Finance Minister’s big budget ideas were themed “Aspirational India, Economic development, A Caring Society”.  But what happened to these ideas?  …

The markets have seen a lot of volatility in recent times.  First, the high in early 2020, then the crash followed by a recovery that managed to wipe out the March 2020 lows. Last week, the Sensex and Nifty scaled all-time highs at 50k and 14700, and later closed lower, unable to sustain the peaks, …

The Indian economy is bouncing back at an excellent pace as compared to other major economies around the world this year. The government will have to do more than providing stimulus to sustain this economic run. The recurring waves of the pandemic can make this task a challenging one for the government and the Finance …

India’s upcoming budget, presented in February 2024, will be coming in at a crucial time, i.e. just before the Lok Sabha election 2024. The short-term and long-term impact of the decisions taken in this budget will be discussed at length in the media, not only for economic speculation, but also political back and forth. Hence, …