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  • Major Highlights of Budget 2023

    New Income Tax Slabs 2023 - 24



    Major Highlights

    • Railways get highest ever allocation of Rs 2.4 Lakh Crore

    • Agricultural credit target increased to Rs 20 Lakh Crore

    • 50 additional Airports, Heliports planned

    • Mahila Samman Savings Certificate for two years, deposits of up to Rs 2 Lakh at 7.5% Interest

    • Senior Citizen’s Savings Scheme deposit limit raised to Rs 30 Lakh

    • Income tax rebate limit increased from Rs 5 Lakh to Rs 7 Lakh under new tax regime

    • Allocation for PM Awas Yojna increased by 66 % to over Rs 79,000 Crore

    • 157 New Nursing Colleges in Major Locations

    • Eklavya Model Residential Schools - 38,800 Teachers will be hired

    • 3 centers for excellence for AI will be set up in Top Educational Institutes

    • Green Hydrogen Mission for reduced dependence on fossil fuel

    • 30 Skill India international centers to be set up

    • Natural Farming - 1 Crore farmers will get assistance