Budget 2023: ICAI Suggestion to Increase section 80C limit to Rs 2.5 lakh, raise PPF investment limit to Rs 3 lakh

Budget 2023: The Institute of Chartered Accountants of India (ICAI) has submitted the “PRE-BUDGET MEMORANDUM – 2023 for DIRECT TAXES AND INTERNATIONAL TAXATION. In that ICAI stated that: Section 80C – Various suggestions Issue/Justification: PPF is used as a means of savings by entrepreneurs and professionals. While the assessees in employment have the compulsion of […]

RBI to Introduce Digital Rupee using Blockchain and other Technologies

RBI to Introduce Digital Rupee using Blockchain and other Technologies starting 2022-23 The Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman today announced the introduction of Digital Rupee to be issued by the Reserve Bank of India starting 2022-23. Presenting the Union Budget 2022-23 in the Parliament here today, the Finance Minister said that […]

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