Nirmala Sitharaman Budget 2023 : Read 10 big budget announcements in a minute

India's Finance Minister Nirmala Sitharaman has presented the country's general budget in Parliament. She has announced schemes in the budget for every class, ranging from tax exemptions for the middle class to providing loans of up to Rs 20 lakh for farmers.

Read the entire budget in 10 points here.

Under the new tax scheme in the budget, income up to Rs 7 lakh has been made tax free instead of Rs 5 lakh.

3 to 6 lakhs will now be taxed at 5 per cent, 6 to 9 lakhs at 10 per cent, 9 to 12 lakhs at 15 per cent and income above 15 lakhs at 20 per cent.

For women's savings, the Center has launched the Mahila Samman Savings Patra scheme, which will have a validity of two years and in which women will get 7.5% interest on savings of Rs 2 lakh.

Center for Green Revolution will help 1 crore farmers for organic farming for three years with an investment of 35,000 crores.

47 lakh youth will be trained in the new course in the next financial year. Scholarships will be provided to about 30 lakh youth for higher education and 30 Skill India International Centers will be opened by Govt.

A loan of Rs 2 lakh crore will be given to MSMEs across the country. Under the new scheme, this loan will be available at an interest rate of less than 1 percent. Banks will give loans easily, for this the government will act as a guarantor. MSMEs whose annual turnover is up to 3 crores will be exempted from tax. Along with this, professionals earning 75 lakhs will also be exempted from tax.

Make PAN the Common Business Identifier. That means PAN will be used in all transactions. If you want to use it in digital payment then you have to give PAN number.

  A total of Rs 2.4 lakh crore has been allocated to Railways, in which all the schemes will be worked on.

In the financial year 2023-24, the government will open special schools for tribals and for this the government has made a provision of 15 thousand crore rupees.