Discover and read the best of Twitter Threads about #budget

Most recents (24)

#FlashBack Thread.

17th May 2004 - #BlackMonday LowerCircuit Day.

Started learning Technicals from @nsfidai just a week or two before this event.

Remember him and his friend discussing how markets are heading lower irrespective of results.

Let's see what happened.
#IndianElections & the Impact.

#Nifty fell almost 20% in a single day. Closed 12-13 % lower.

Down 32% from April to May. Peak to Bottom.

On Close 24% fall.

#BJP lost elections.

Remember the "India is Shining " Campaign.

Learnt Lower Top Lower Bottom Pattern ImageImage
#Global Impact of Indian Elections.

#US Markets fell by 6-7% in April-May 2004.

Was down 1% on 17th May 2004. Image
Read 11 tweets
#BUDGET 2023: main headlines for you
- $40/fortnight increase to ALL on Jobseeker, youth allowance, Austudy
- plus extra $ for those 55+ (now 60)
- boosting max rent assistance rate by 15%
- $3bn for energy bill relief (amount differs by state) Image
#Budget2023: BIG STUFF
- projected $4 billion surplus
- NO word on future of stage 3 tax cuts: Chalmers projects they cost $69bn (not nice) over forwards
- growth down to 1.5% next yr, unemployment to 4.5%
- inflation to fall to 3.25% next yr

follow live:…
- $14.6b package, as we knew
- $40/fortnight increase to Jobseeker, youth allowance & more (details below)
- Cwth rent assistance: max cap goes up 15% (benefits 76% of CRA recipients)
- more incentives for GP bulk billing ImageImage
Read 8 tweets
How can you best utilise a #promotion or #salary hike? We have come up with a quick #guide on how to make that raise work for you instead of watching it disappear! (1/11)
Before you make any decisions, first check with your HR to understand the complete breakdown of your new salary, including #tax implications. This will help you assess the actual increase in your #takehome pay. (2/11)
Remember about #inflation. The price of everyday items will also increase too. Revisit your household #budget to understand the impact of rising #expenses on your #savings, real #income and #spending power. (3/11)
Read 11 tweets
💥 Défi journées sans dépenses – Mars 💥

💡 Comme on le dit très régulièrement, l'#investissement c'est bien, mais il faut apprendre en amont à bien gérer ses dépenses, bien gérer son #budget.

Voici un de nos défis (pour le mois de Mars) 👇 Image
🤔 Pour les petits nouveaux, en quoi consiste ce challenge?

✨ Ce #défi consiste tout simplement à suivre le nombre de jours mensuels où nous effectuons aucunes #dépenses dites de « consommation » 💪
❌ Les dépenses suivantes sont (nous concernant), exclues de ce challenge et ne sont donc pas comptabilisées :
➡️ #Logement
➡️ Factures récurrentes (#électricité, forfait internet, forfait mobile, …)
Read 7 tweets
Neuer Bericht vom #Expertenrat für #Klimafragen @ERK_Klima:
➡️erneute Zielverfehlung bei #Verkehr & #Gebäude
➡️auch andere Sektoren kritisch, v.a. #Industrie
➡️geplante Novelle des #Klimaschutzgesetz|es birgt Risiko einer abgeschwächten Klimaschutz-Governance
Ein🧵1/n Image
2/ Die Emissionen lagen lagen 2022 um rund 49 Mt CO2-Äq (6,1 %) unter dem letzten Vorkrisenjahr 2019. Würde sich diese Minderungsrate bis 2030 fortsetzen, würde das Ziel im Jahr 2030 um rund 190 Mt (also um mehr als 40%!) und das kumulierte KSG-Ziel um rund 740 Mt verfehlt
3/ Die Emissionen sind in den Krisenjahren 2020 und 2022 im Vergleich zum Vorjahr jeweils gesunken, im Jahr 2021 allerdings zwischenzeitlich wieder gestiegen. Image
Read 13 tweets
1/ For the #Budget you'll hear both Tories and Labour as well the media say things like "we haven't got the money". The truth is we do have money, lots of it. The Tories alone have burnt through hundreds of billions, pure waste. This thread lists some of the worst wastes.
2/ £50 billion wasted on Cameron's NHS reforms. They found the money for that but not for fair pay rises for NHS staff.
3/ £14.7 billion wasted on Johnson's failed projects and deals
Read 16 tweets
शिंदे फडणवीस सरकारच्या अर्थसंकल्पातील प्रमुख तरतुदी आणि घोषणा...
#अर्थसंकल्प #महाराष्ट्र #Budget #Maharashtra #मराठी #म Image
शिंदे फडणवीस सरकारच्या अर्थसंकल्पातील प्रमुख तरतुदी आणि घोषणा...
#अर्थसंकल्प #महाराष्ट्र #Budget #Maharashtra #मराठी #म Image
शिंदे फडणवीस सरकारच्या अर्थसंकल्पातील प्रमुख तरतुदी आणि घोषणा...
#अर्थसंकल्प #महाराष्ट्र #Budget #Maharashtra #मराठी #म Image
Read 5 tweets
1) New data on Russia's federal #budget in February is out. Some normalization after a high January deficit was expected, but the opposite happened. The deficit grew to 2.6 tn RUB, 1.7% of GDP after two months. Revenues in February 2023 were 1.8 tn RUB, expenditure 2.6 tn RUB.
2) Last year around this time, the Russian budget was firmly in positive territory. The January 2023 deficit was clearly not representative, but an additional deficit of 800 billion RUB in February shows it's not a one-off phenomenon.
3) On the revenue side, the problem for Russia's finance ministry are the very small oil and gas revenues. This will slightly improve in the coming months, as Russia will adopt a new formula to calculate taxes (based on a higher assumed oil price).
Read 6 tweets
Mar. 1:
1/ #Russia Near #Fiscal #Collapse

#Putin's #Money for the #War may run out in the summer - @Forbes. A few important figures:

🔸#Russia is approaching a #Fiscal #Collapse

#UkraineRussiaWar #Ukraine .@ZelenskyyUa .@DmytroKuleba…
Mar. 1:
2/ #Russia Near #Fiscal #Collapse

Report by #Telegram @CrimeanWind
See for yourself:

- In 2022, #Russia's #Monthly check for the #War averaged $9.5 billion, @Forbes.

- In 2023, #Putin increased ..continued

#UkraineRussiaWar #Ukraine #Budget…
Mar. 1:
3/ #Russia Near #Fiscal #Collapse

.. increased the #Defense #Budget to about $12 billion a #Month.

The #Cost of the #War in tandem with a record drop in #Oil & #Gas #Revenues will empty the ..continued

#UkraineRussiaWar #Ukraine #Money #War…
Read 16 tweets
🇺🇸⚡️The US budget deficit has increased in the first four months of fiscal year 2023, rising to $460 billion from $259 billion in the same period in fiscal 2022.
#usa #budget #deficit
Expenditures increased by 9%, with the main contribution being made by financial transactions rather than support for businesses and individuals.
Interest expenses on debt have grown by 42%, and social security and defense spending are the only significant categories that have seen an increase.
Read 4 tweets
India leads the charge in global energy transition, harnessing new sources of power with a determined spirit of 'VIKSIT BHARAT'.

Here are a few important snippets from the PM’s speech at the India Energy Week. Save them to your 📝

A 🧵:
@IMFNews growth projections for 2023 for #India

-Going to be the fastest growing major economy

-A global bright spot in 2022 despite the pandemic & war

@IEA The International Energy Agency:

-India’s energy demand will be the highest in the world in this decade⬇️

•Today India's share in global oil demand is around 5% but it is expected to reach 11%.

•India's gas demand is expected to increase by 500%.
Read 16 tweets
🚨 "Budget 2023: India's Pledge to Net-Zero Carbon Emissions by 2070"

5 Key Points in 🧵

1) This Budget allocates 35,000 crores to achieve energy transition, net-zero objectives, and energy security.

#Budget2023 #Budget #GreenEnergy
2) Government will promote Green Credit Program that incentivizes environmentally conscious actions by companies, individuals, and local entities.

3) 500 "Waste to Wealth" facilities will be established under the GOBARdhan initiative, featuring 200 Compressed Biogas plants.
4) Government will promote coastal shipping as an energy-efficient and cost-effective mode of transportation, both for passengers and cargo,

It will be achieved through a public-private partnership model with viability gap funding.
Read 4 tweets
🚨 Top 6 Takeaways from Budget to boost India's Infra for a Brighter Economic Future. 🧵

1) The government has allocated 10 Lakh Crores as capital outlay for the development of roads, health facilities, education, and other infrastructure initiatives.

#Budget2023 #Budget
2) The Railway has been allocated a capital outlay of 2.40 Lakh Crores.

3) 100 key transport projects, focused on last/first-mile connectivity for ports, coal, steel, fertilizer, and food grain sectors, will receive priority investment of 75,000 crores.
4) 50 additional airports, heliports, water aerodromes, and advanced landing grounds will be revived for improving regional air connectivity.

5) Enhanced focus will be provided for the scientific management of dry and wet waste.
Read 4 tweets
🚨My Interpretation on Standard Deduction Announcement in Today's Budget🧵

1) Std deduction will still be 50,000 not 52,500

2) In the new regime, it was not previously considered a deduction, but starting this year it will be recognized as deduction.

#Budget #incometaxslabs
3) Let's take one example to understand this.

Consider Gross Salary= 15.5 Lakh

Calculate tax payable under both pre-budget & post-budget scenarios.

Before Budget, you would have paid 202,500 tax.

After budget announcement, you will pay 150,000 tax.

So net gain of 52,500.
4) The increase of the standard deduction from 50,000 to 52,500 was not explicitly mentioned in the budget speech, but it is being interpreted by many as such.

Below is the budget snippet.
Read 6 tweets
We're breaking #Budget2023 down for you.

Sit back, relax, and have a great read! 👇

Infra gets boost:

- Highest ever capital outlay of Rs. 2.40 lakh crores for Railways

- 50-year interest-free loans to states one more year for infra spends

Agri & Fisheries to benefit:

- Agricultural accelerator fund to promote agri-startups

- 10,000 bio-input resource centres in next 3 yrs to promote natural farming

- 6000 Cr outlay for Animal husbandry, dairy, and fisheries
Read 28 tweets
Union Finance Minister Nirmala Sitharaman presenting Union Budget 2023-24 #Budget2023 #BudgetSession #Budget Image
Indian economy has increased from being 10th to 5th in the world. EPFO membership doubled to 27 crore and digital payments of 126 lakh crore rupees made through UPI: Sitharaman @nsitharamanoffc #Budget2023 #BudgetSession #Budget
Priority no 1 is inclusive development - covering farmers, women, youth, OBCs, divyang etc. Sustained focus of Jammu & Kashmir, Ladakh and the North East: Sitharaman @nsitharamanoffc #Budget2023 #BudgetSession #Budget
Read 19 tweets
I studied & decoded every #Budget from 2012 - 2022 so that you don't have to.

Interestingly every #Budget has a pattern, which needs to be cracked. So i did it for you !

Like and retweet appreciated :

Detailed explanation below 👇👇
Budgets under Modi Regime and their returns.

Arun Jaitley - 2014 :: 2018 (-0.23, 0.65, -0.61, 1.81, -0.10)

Nirmala Sitharaman - 2019 :: 2022 (-1.14, -2.51, 4.74, 1.16)
1 Week Pre and Post #Budget moves
Data credit @nitinmurarkasmc
Read 21 tweets
Why #budgeting is important for a small business?

1. It helps them stay financially organized and in control. Without a budget, it can be easy to overspend and lose track of where #MONEY is being spent.

2. A budget allows small business owners to set financial goals and...👇
make informed decisions about how to allocate resources. It also helps identify areas where cost-cutting measures can be implemented.

3. By keeping track of income and expenses, a budget can help a small business owner identify trends and patterns that can inform...👇
future business decisions.

4. Budgeting also helps small businesses prepare for unexpected events, such as a downturn in the economy or a decrease in sales. Having a #budget in place can make it easier to weather these storms.

5. Budgeting is a key tool for small...👇
Read 6 tweets
1/5 What does the Common Man want from the #budget?
2/5 1. A budget that doesn't make us choose between 'daal' and 'gas’.
2. A budget that gives more 'paisa' to the common man and less to the 'Sahab'
3. A budget that makes 'roti' and 'kapda' more affordable, not just 'makaan'.
3/5 4. A budget that doesn't just talk about 'Make in India', but also helps us 'Afford in India.
5. A budget that doesn't just focus on 'Digital India' but also makes sure 'Electricity in India' reaches every corner.
Read 5 tweets
1/5 "The 2022 WMO/#UNEP #Ozone Assessment contains the most up-to-date understanding of ozone #depletion, reflecting the thinking of hundreds of international scientific experts who contribute to its preparation and review."

2/5 Does anyone with expertise in this area know why charged particles in plasma from #solar #flares, #coronal #mass ejections (#CMEs) and even #localized #thermonuclear #bursts, i.e. #micronovae, were not considered in this report?
3/5 The recommended terms of reference of the 2022 Assessment for the Scientific Assessment Panel (SAP) was supposed to include assessment of information and research related to
solar radiation management and its potential effect on
the stratospheric ozone layer.
Read 7 tweets
#Forex reserves one of the largest; provide adequate buffer against global spillovers: FM in #LokSabha, quoting World Bank report
India has to work on becoming self-sufficient in fertiliser production, says Finance Minister #NirmalaSitharaman in #LokSabha
Finance Minister #NirmalaSitharaman hints at one more Supplementary Demands for Grants for #FY23 in #Budget session
Read 4 tweets
Russian oil&gas #budget revenues fell to a new 2-year low in November, actually below 450 billion RUB, but the result is obsucred by an one-time tax on Gazprom (paid in three tranches Oct/Nov/Dec). October was already pretty bad, but a quarterly tax payment made it look better.
To clarify - here are the key production tax revenues:
And the source (VPN needed):…
Read 4 tweets

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