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VIDEO INTRODUCTION:
On 1 February, 2023, Finance Minister Nirmala Sitharaman presented the Union Budget of the Modi government to the Lok Sabha.
To explain the budget in a nutshell тАФ Like we do financial planning for businesses or for households, A Union Budget is the financial blueprint for India. It outlines our expected revenue and expenditure for the upcoming fiscal year, (april to march) after getting estimates from every department like railways, defense etc about their predicted expenses, based on the previous yearтАЩs performance. Lets understand this!
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тЬЕStudy Materials:
Key stocks
https://www.icicidirect.com/mailimages/IDirect_BudgetReview_2022-23.pdf
New Tax VS old tax table taken from Indian express
https://indianexpress.com/article/explained/explained-economics/union-budget-2023-fresh-pitch-for-overhauled-income-tax-regime-with-a-sweetened-deal-8418741/
Basic terminologies
https://www.jagranjosh.com/general-knowledge/important-glossary-related-to-budget-1474374163-1#:~:text=Budget%20Estimates%3A%20It%20is%20an,the%20income%20received%20through%20taxes.
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#budget2023 #unionbudget2023 #businesscasestudy
#thinkschool #businesscasestudy Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.