Pre-Budget 2023 Session to Begin on January 31
Starting on January 31 and running through April 6, Parliament will hold its annual Budget Sess
There will be a recess from February 14 to Mar
ch 12 and a total of 27 sittings over the course of 66 days
It is customary to present the Union Budget on February 1.
Public sector banks (PSBs) are reportedly on track to earn a combined profit of Rs 1 lakh crore
the government is unlikely to announce a capital infusion for them in the upcoming Budget.
Capital adequacy ratios for these companies range between 14% and 20%, well above
the minimum required by regulators.
On the other hand, Ernst & Young (EY) reported on Sunda
y that the government is expected to provide a more rationalised TDS framework