Budget 2023 Decoded: From the Individual's perspective
Budget 2023 Decoded: From the Individual's Perspective The Fifth budget presented by the Finance Minister, Mrs Nirmala Sitharaman, echoes the themes set by the Government towards taking India to the next level globally and laying the foundation for the next 25 years. Set on the foundation of the 7 priorities or the Saptarishi of Inclusive Development, Infrastructure Development, Green growth, Youth power and boost to the financial sector, the Budget is growth focused high on CAPEX and low on the fiscal deficit targets. If in the last year's budget, the direct tax payers, particularly the middle class felt left out, this year's budget makes an attempt to make the tax payers smile. As tax payers, the most relevant thing for us is "what is in it for me?" "Does it translate into more tax savings and subsequently more money in my pockets?" Well, that remains a subjective question depending on which side of the income slab you are, what are your savings and