Finance Minister Nirmala Sitharaman on February 1 (Wednesday) will the Union Budget 2023-24, which will be her fifth one. The Budget 2023 will be announced at a time when the Indian economy has started witnessing some green shoots, while the global economy is facing uncertainty. Various sectors are expecting the government to present the Budget to push GDP growth, including incentives. Individuals are also demanding the government to revise upwards income tax exemption and deduction (Section 80C and 80D, among others) limits.
The Union Budget 2023-24 will be delivered in paperless form, like the previous two Budgets, the finance