Articles
Competition success review
Competition success review published this article page no 29 the union finance and corporate affairs minister smt. nirmala sitharaman presented the union budget for the financial year 2023-24 in the parliament on 1 february 2023. this was the 3rd paperless budget in a row. the highlights of the budget are as follows: rebate limit of personal income tax to be increased to rs. 7 lakh from the current rs. 5 lakh in the new tax regime. thus persons in the new tax regime with income up to rs. 7 lakh to not pay any tax. tax structure in new personal income tax regime introduced in 2020 with six income slabs to change by reducing the number of slabs to five and increasing the tax exemption limit to rs. 3 lakh. capital outlay of rs. 2.40 lakh crore for indian railways. allocation for pm awas yojana increased to over inr 79000 crore. india to grow at 7% in the current year. green hydrogen clean energy storage and transmission to be key drivers of government “green growth” competition success review gk today.