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Budget 2023 updates: Congress slams government over NREGS cut

Ahead of the Budget 2023, Sitharaman reached the finance ministry where she is expected to meet President Droupadi Murmu.

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Nirmala Sitharaman announces change in tax structure

Congress slammed the government and asked whether the Capex hike will be met through cuts in the allocation for the MGNREGS.

12:25 pm: FM Nirmala Sitharaman announced a new tax structure under the new tax regime.

The new tax rates are:

  • 0 to Rs 3 lakhs – nil
  • Rs 3 to 6 lakhs – 5%
  • Rs 6 to 9 Lakhs – 10%
  • Rs 9 to 12 Lakhs – 15%
  • Rs 12 to 15 Lakhs – 20% and
  • Above 15 Lakhs – 30%

12:10 pm: Nirmala Sitharaman said the maximum deposit limit for Senior Citizen saving scheme will be increased from Rs 15 to 30 lakh.


12:05 pm: FM Nirmala Sitharaman, during her Budget 2023 speech, said the Centre will set up the Govardhan Scheme to promote a circular economy with a total investment of Rs 10,000 crore.


12:02 pm: FM Nirmala Sitharaman said 50 tourist destinations will be selected through challenge mode to be developed as a whole package for domestic and international tourism.


12:00 pm: Nirmala Sitharaman said 100 laboratories will be set up in engineering institutions for developing applications for 5G services.


11:50 am: FM Nirmala Sitharaman, in her Budget 2023 speech, announced that 50 additional airports, helipads, water aero drones, and advanced landing grounds will be revived to improve regional air connectivity.


11:45 am: Finance Minister Nirmala Sitharaman said the KYC process will be simplified.


11:40 am: Finance Minister Nirmala Sitharaman, in her Budget 2023 speech, said capital investment outlay being increased by 33% to Rs 10 lakh crores, which would be 3.3% of GDP.


11:35 am: Centre will provide Rs 5,300 crore assistance to the drought-prone central region of Karnataka, said Nirmala Sitharaman during the Budget 2023 presentation.


11:30 am: FM Nirmala Sitharaman said assistance for the traditional artisans and craftspeople will be provided under the PM Vishwa Karma Kaushal Samman.


11:15 am: FM Nirmala Sitharaman said the Centre will set up an agriculture accelerator fund and the agriculture credit target will be set up at Rs 20 lakh crore.


11:10 am: FM Nirmala Sitharaman, during the Budget 2023-24 presentation, said the promotion of tourism will be taken up on a mission mode.


11:08: Nirmala Sitharaman began the Budget 2023 speech and said the Indian economy is on the right track and is heading towards a bright future.


11:05 am: Finance Minister Nirmala Sitharaman begins the Budget 2023 speech


10:55 am: Union Cabinet ministers have okayed the Budget 2023 and Finance Minister Nirmala Sitharaman will present it shortly.


9:55 am: Finance Minister Nirmala Sitharaman met President Droupadi Murmu and will then attend the Union Cabinet Meeting. Sitharaman will present the last full budget of the Modi government 2.0 at 11 am.


9:25 am: Finance Minister Nirmala Sitharaman reached Rashtrapati Bhavan to call on President Droupadi Murmu and will further attend the Union Cabinet Meeting.


9:00 am: Finance Minister left for the Parliament with Bahi Khata, to present the Budget 2023 at 11 am.


All eyes are on Union Budget 2023 as it will be presented by Finance Minister Nirmala Sitharaman today at 11 am. Ahead of the Budget 2023, Sitharaman reached the finance ministry where she is expected to meet President Droupadi Murmu.

This is this government’s last full-fledged Budget before the Lok Sabha polls early next year. Union Budget 2023-24 will also be the first normal budget after the coronavirus pandemic.

On Tuesday, Prime Minister Narendra Modi along with President Droupadi Murmu started the Budget Session and addressed the Lok Sabha and Rajya Sabha. In his address, PM Modi said the budget will aim the hopes and aspirations of the common citizen.

Union Budget 2023: 5 big expectations from Nirmala Sitharaman

Budget 2023: No tax cuts yet but it is raining memes already

India News

Lt Gen Dhiraj Seth appointed next Army chief, to take charge on June 30

The government has appointed Lt Gen Dhiraj Seth, currently the Vice Chief of Army Staff, as the next Army chief. He will succeed General Upendra Dwivedi on June 30.

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The Centre has appointed Lieutenant General Dhiraj Seth as the next Chief of the Army Staff (COAS), paving the way for a leadership transition in the Indian Army later this month. Lt Gen Seth, who currently serves as the Vice Chief of the Army Staff, will succeed General Upendra Dwivedi upon the latter’s retirement on June 30, 2026.

The appointment was announced on Saturday, with the government confirming that Lt Gen Seth will assume office from the afternoon of June 30. He will take over command after General Dwivedi completes his tenure as the Army’s 30th chief.

Veteran Armoured Corps officer

An officer of the Armoured Corps, Lt Gen Seth was commissioned into the Indian Army in December 1986 after graduating from the National Defence Academy. Over nearly four decades of service, he has held a range of operational, command, staff and strategic appointments across the Army.

Before becoming Vice Chief on April 1, 2026, he served in several senior leadership roles, including heading the Southern Command and South Western Command. He has also commanded formations such as the Delhi Area and the XXI Corps during his military career.

Leadership transition in the Army

Lt Gen Seth’s elevation comes as the Army prepares for a change of command at the highest level. His appointment follows his move to Army Headquarters as Vice Chief earlier this year, a role he assumed on April 1.

The Ministry of Defence said the incoming Army chief brings extensive experience from command, operational and strategic assignments across diverse military domains.

With the appointment, Lt Gen Seth is set to lead the Indian Army through the next phase of its modernisation and operational preparedness efforts after taking charge at the end of the month.

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India News

IAF AN-32 aircraft crashes while landing at Assam’s Jorhat airbase, five personnel killed

Five Indian Air Force personnel were killed after an AN-32 transport aircraft crashed while landing at Jorhat Air Force Station in Assam. The IAF has ordered a court of inquiry into the accident.

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An Indian Air Force (IAF) AN-32 transport aircraft crashed while attempting to land at Jorhat Air Force Station in Assam on Saturday, resulting in the deaths of five Air Force personnel. The accident occurred during a routine sortie and triggered an emergency response at the airbase.

According to the IAF, the aircraft met with the accident during the landing phase at Jorhat. The force later confirmed the loss of five personnel and expressed condolences to their families. A court of inquiry has been ordered to determine the circumstances that led to the crash.

Court of inquiry ordered

The Indian Air Force said a formal investigation will examine the cause of the accident. Officials have not yet disclosed what may have led to the crash, and the inquiry is expected to review technical, operational and environmental factors.

Reports indicated that the co-pilot survived the accident and is undergoing medical treatment.

Personnel who lost their lives

The IAF identified the five personnel killed in the accident as:

  • Squadron Leader Prashant Singh
  • Flight Lieutenant Shubham Kumar
  • Sergeant Jitendra Sharma
  • Agniveervayu Khemaram Kumawat
  • Agniveervayu Danish Alam

The Air Force said it stands with the bereaved families during this difficult time.

AN-32’s role in the Air Force

The AN-32 is a twin-engine transport aircraft that has been a key part of the Indian Air Force’s logistics operations for decades. It is widely used to transport personnel, equipment and supplies, particularly in remote and high-altitude regions. India remains one of the largest operators of the aircraft type.

The crash comes months after a Sukhoi Su-30MKI fighter aircraft accident in Assam that claimed the lives of two IAF pilots.

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India News

Delhi records coolest day of June so far as rain and thunderstorms bring relief from heat

Delhi recorded its coolest day of June after rain and thunderstorms caused a sharp drop in temperatures. IMD has forecast more showers and gusty winds before temperatures begin rising again.

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Delhi weather today

Delhi witnessed its coolest day of June so far after widespread rain and thunderstorm activity caused temperatures to drop significantly across the national capital. The change in weather provided much-needed relief from the intense summer heat that had gripped the region in recent weeks.

According to the India Meteorological Department (IMD), rain and thunderstorms over the past 24 hours brought a noticeable decline in both maximum and minimum temperatures. Official weather observations showed that Delhi’s maximum temperatures fell well below normal levels, while several areas experienced strong winds and rainfall.

More rain and thunderstorms likely

The IMD has forecast additional thunderstorms, light to moderate rain and gusty winds for Delhi and nearby areas through Saturday. A yellow alert remains in place, with weather conditions expected to stay unsettled before gradually improving.

Weather experts have attributed the recent change to the influence of a western disturbance and associated weather systems affecting northwestern India. While the disturbance is gradually moving away, its impact is expected to continue for a short period.

Temperatures may rise again next week

Meteorologists expect the pleasant conditions to last for another couple of days. After that, temperatures are likely to begin rising again as rainfall activity decreases. The IMD’s latest forecast also indicates a gradual increase in temperatures by the middle of next week.

Recent weather systems have brought relief not only to Delhi but also to parts of Uttar Pradesh, Rajasthan and other northern states, where thunderstorms and rain have helped ease heatwave conditions.

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