In her Union Budget 2023 presentation, Finance Minister Nirmala Sitharaman claimed that the government would provide an exemption on capital goods and machinery needed for producing lithium-ion batteries for electric vehicles EVs
Finance minister Nirmala Sitharaman proposed to make PAN the common identifier for all digital systems at government agencies during her Union Budget 2023 speech
From amending 42 central laws to making the Permanent Account Number (PAN) a common identifier, the finance minister (FM) announced a series of measures in the parliament on February 1, 2023
In Budget 2023, the education sector saw a hike of around 8 per cent, with an allocation of Rs 1.12 lakh crore against the Rs 1.04 lakh crore allocated last time
The government is planning to provide a boost to the pharmaceutical industry by focusing on research and innovation via a public-private partnership (PPP) model
In the Union Budget 2023, Finance Minister Nirmala Sitharaman increased the budget allocation for MSME sector and announced new initiatives such as a revamped credit scheme and an entity DigiLocker
In addition to standardisation of battery packs, electric vehicle manufacturers hope for a well-defined battery recycling policy and elimination of import tax on lithium-ion batteries in the Union Budget 2023