Major Highlights of Budget 2023

New Income Tax Slabs 2023 – 24

Major Highlights

• Railways get highest ever allocation of Rs 2.4 Lakh Crore
• Agricultural credit target increased to Rs 20 Lakh Crore
• 50 additional Airports, Heliports planned
• Mahila Samman Savings Certificate for two years, deposits of up to Rs 2 Lakh at 7.5% Interest
• Senior Citizen’s Savings Scheme deposit limit raised to Rs 30 Lakh
• Income tax rebate limit increased from Rs 5 Lakh to Rs 7 Lakh under new tax regime
• Allocation for PM Awas Yojna increased by 66 % to over Rs 79,000 Crore
• 157 New Nursing Colleges in Major Locations
• Eklavya Model Residential Schools – 38,800 Teachers will be hired
• 3 centers for excellence for AI will be set up in Top Educational Institutes
• Green Hydrogen Mission for reduced dependence on fossil fuel
• 30 Skill India international centers to be set up
• Natural Farming – 1 Crore farmers will get assistance