English हिन्दी
Connect with us

India News

Union Budget 2023: 5 big expectations from Nirmala Sitharaman

It is expected that the slab of tax exemption can be increased from two and a half lakh to five or seven and a half lakh rupees.

Published

on

Nirmala Sitharaman

Finance Minister Nirmala Sitharaman will present the Union Budget 2023-24 today at 11 am. This will be the last full budget of the second term of the Modi government. Big announcements are expected to be made by the government in this budget.

There are more voters in the middle class and the government can give exemption to benefit them. In the years 2014 and 2019, the middle class had reposed trust in the BJP. In such a situation, it can be expected that the Union Finance Minister will take special care of this class while presenting the budget. It is expected that the slab of tax exemption can be increased from two and a half lakh to five or seven and a half lakh rupees.

5 big expectations from Nirmala Sitharaman’s fifth budget

Income tax relief: Salaried professionals are the taxpayers who have the highest expectations from the budget. The middle class has been hit the most by the increase in the prices of essential commodities and the increase in fuel prices. That’s why they have more expectations from the government this time.

Read Also: Budget 2023 will meet expectations of every section, says MoS Finance Pankaj Chaudhary

Real Estate Sector: The real estate sector has managed to bounce back after a dry spell due to the Covid-19 pandemic. The housing sector is eyeing a strong demand in the coming financial year. Major expectations include exemption in taxes, reduction in stamp duty, reduction in GST on raw materials like cement and steel.

Healthcare: The healthcare sector is expecting higher spending on boosting the health infrastructure in the country.

Railways: The Rail Budget is now included in the Union Budget, which will be presented today. The expectations of the general public regarding this include controlling train ticket fares, paying attention to cleanliness in trains, increasing the number of trains, etc.

Manufacturing: Experts have high hopes from the budget as they feel it will re-energize the manufacturing sector which is trying to recover from the impact of the Covid-19 pandemic.

Union Budget 2023: Where and how to watch Finance Minister Nirmala Sitharaman’s speech LIVE?

Budget 2023: Higher spending on education, healthcare; lower fiscal deficit likely

India News

Congress, BJP attack Bhagwant Mann over remarks on Punjab blasts

Congress and BJP have jointly criticised Punjab CM Bhagwant Mann after he linked recent blasts near defence sites to political motives, triggering a controversy.

Published

on

Bhagwant Mann

A political row has erupted in Punjab after Chief Minister Bhagwant Mann linked recent blast incidents to political motives, drawing sharp criticism from both the Congress and the Bharatiya Janata Party (BJP).

The controversy follows two low-intensity explosions reported within a short span of time — one near the Border Security Force (BSF) headquarters in Jalandhar and another close to an army cantonment area in Amritsar. The incidents raised concerns over security, particularly given the sensitive nature of the locations.

In response, Mann suggested that the blasts could be part of a larger political strategy. His remarks triggered a strong backlash, with opposition parties accusing him of politicising a serious security issue.

Leaders from the Congress criticised the Chief Minister’s statement, calling it inappropriate and alleging that such comments undermine the gravity of the situation. They stressed that matters related to national security should be handled with caution and responsibility.

The BJP also joined the criticism, questioning the basis of Mann’s claims and urging the state government to focus on investigation and law enforcement instead of making political allegations.

The developments have led to an unusual moment where both Congress and BJP appear aligned in their criticism of the Aam Aadmi Party-led government in the state.

Meanwhile, the blasts themselves have intensified concerns over safety in border regions, with authorities continuing their investigation into the incidents. No casualties were reported, but the proximity to defence establishments has made the issue particularly sensitive.

The episode has further escalated political tensions in the state, with security and accountability emerging as key points of debate.

Continue Reading

India News

Himanta Biswa Sarma resigns as Assam chief minister, oath ceremony likely after May 11

Himanta Biswa Sarma resigns as Assam Chief Minister after BJP-led NDA’s victory. He will continue as caretaker CM until the new government is sworn in after May 11.

Published

on

Himanta sharma

Assam Chief Minister Himanta Biswa Sarma resigned from his post on Wednesday, paving the way for the formation of a new government after the BJP-led NDA secured a decisive victory in the 2026 Assembly elections.

Sarma submitted his resignation to Governor Lakshman Prasad Acharya at Lok Bhawan in Guwahati. The Governor accepted the resignation and asked him to continue as the caretaker Chief Minister until the new government takes charge.

The resignation comes after the NDA’s strong electoral performance, where the alliance won a clear majority in the 126-member Assembly, ensuring its return to power for another term.

Oath ceremony expected after May 11

Speaking to reporters after submitting his resignation, Sarma said the swearing-in ceremony for the new government is likely to be held after May 11.

He indicated that Prime Minister Narendra Modi has been invited to attend the ceremony but is unavailable until May 11, which has influenced the tentative schedule.

Decision on next chief minister soon

Sources suggest that central observers, including senior BJP leaders, are expected to arrive shortly to oversee the selection of the legislature party leader. The newly elected MLAs will then decide on the next Chief Minister.

Despite the formal resignation, party sources indicate that Sarma is likely to continue in the role for another term, given the BJP’s strong mandate in the state.

The move marks the beginning of the government formation process in Assam following the election results declared earlier this week.

Continue Reading

India News

Rahul Gandhi and Vijay alliance took shape through backchannel talks, early signals from Congress leaders

Congress outreach and political calculations led to Rahul Gandhi and Vijay coming together after the Tamil Nadu 2026 election results.

Published

on

The coming together of Rahul Gandhi and actor-politician Vijay in Tamil Nadu after the 2026 Assembly elections was not sudden, but the result of behind-the-scenes political manoeuvring and early signals within the Congress.

According to media reports, some leaders in the Tamil Nadu Congress had already sensed the scale of Vijay’s surge during the campaign, anticipating what was later described as a “wave” in favour of his party.

After the results, where Vijay’s Tamilaga Vettri Kazhagam (TVK) emerged as the single largest party but fell short of a majority, communication channels between the Congress leadership and Vijay quickly became active.

A key moment in this evolving political equation was a phone call from Rahul Gandhi to Vijay, congratulating him on the party’s strong performance. The conversation was seen as more than a courtesy, signalling the possibility of cooperation at a time when government formation required additional support.

Reports indicate that discussions within Congress weighed the political benefits of supporting Vijay, especially given the shifting dynamics in the state where traditional dominance by major Dravidian parties has been challenged.

With TVK needing allies to cross the majority mark, Congress emerged as a potential partner, leading to a broader political realignment in the state. This development also triggered tensions within opposition alliances, highlighting the strategic importance of the decision.

The evolving partnership reflects a mix of electoral pragmatism and changing voter sentiment, particularly the growing influence of younger voters, which leaders acknowledged as a key factor in the election outcome.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com