<h1>Budget 2023: New Tax Regime, 100 Joint Commissioners, Higher Leave Encashment, Surcharge Cut, Focus on Infrastructure & Inclusion.</h1> The Budget 2023 introduced several key measures, including appointing 100 Joint Commissioners for small case disposal and increasing the leave encashment limit to 25 lakhs. The surcharge rate for higher tax slabs was reduced from 37% to 25%, and a new tax regime was implemented with revised income tax slabs, offering no tax on income up to 7 lakhs. The fiscal deficit is projected at 5.9% of GDP, with a target reduction to 4.5% by 2025-26. The budget also focuses on infrastructure investment, tourism promotion, green energy initiatives, and enhancing digital and financial inclusion. Various schemes aim to support agriculture, startups, and the MSME sector, alongside investments in education and healthcare infrastructure.