Finance Minister Nirmala Sitharaman presents Union Budget 2023
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Finance Minister Nirmala Sitharaman presented the Union Budget 2023 in the Parliament on February 1st, 2023. The budget, which is the Indian government's annual financial statement, outlines the government's revenue and expenditures for the upcoming financial year. This year's budget focuses on boosting economic growth, creating job opportunities, and promoting infrastructure development. Key highlights of the budget include increased spending on agriculture, education, and healthcare, as well as measures to promote digital transactions and encourage foreign investment. The finance minister also announced a number of tax reforms aimed at simplifying the tax system and reducing the tax burden on individuals and businesses. Overall, the Union Budget 2023 is seen as a positive step towards achieving the government's goal of making India a $5 trillion economy by 2025.
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