The Union Budget 2023 is anticipated to be presented by Finance Minister Nirmala Sitharaman at 11 a.m. on February 1, 2023.
Experts are presuming several GST changes along with other major taxation changes this year. Especially, one of the major expectations is a reduction in insurance premiums and increased affordability of policies, especially in the medical cover segment.
GST rate rationalization is a major issue that is expected to be discussed in the upcoming union budget for 2023.