On March 31, 2023, the Ministry of Law & Justice, Government of India notified the Finance Act 2023. This notification comes after the approval of the Hon’ble President of India and includes Budget Proposals (2023) for financial and direct/indirect taxation issues, relating to FY 2023-24/AY 2024-25.
GOI Notification dated 31/03/2023: Finance Act 2023
The Finance Act 2023 has introduced several changes in tax rates, deductions, and compliance.
The Finance Act 2023 is a crucial financial document that outlines the tax proposals and budgetary allocations of the Indian government for the fiscal year 2023-24. The Act provides a comprehensive roadmap for how the government plans to allocate its financial resources and streamline the country’s tax policies.
Finance Bill, 2023: Union Budget India 2023-24
India’s Finance Bill, 2023 (Union Budget 2023-24) has been presented by MoF Mrs. Nirmala Sitharaman in the Parliament on 01/02/2023:
Key Features/ Proposals of Union Budget 2023-24/ Finance Bill 2023 (English/ Hindi)
Budget 2023 Speech along with Tax proposals by FM Smt. Nirmala Sitharaman (English/ Hindi)
Finance Bill, 2023: Budget 2023 Proposals on Direct/ Indirect Taxes (English/ Hindi)
Memorandum Explaining Budget Proposals 2023 (English/ Hindi)
All the documents related to Budget 2023 speech/ proposals have been made available by the Govt. at https://www.indiabudget.gov.in/.
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GST Related Amendments in Finance Act, 2023 (31/03/2023)