Substantial changes made in personal income tax in Budget, new tax regime now more attractive, says FM


Feb 1, 23 | by: Manish Goel

"This budget provides an incentive for corporate India, including start-ups, MSMEs, and private players to participate in India's growth story. The India growth story is further bolstered by the government's fiscal consolidation roadmap, which aims to reduce the fiscal deficit from 6.4% in FY23 to 5.9% in FY24 and then to 4.5% by FY2025-26. This will be achieved through revenue growth and targeted expenditure measures," Manish Goel, Founder & Director of Research & Ranking said.

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