1 February 2022, 18:09 PM
Sensex soared 848 points while the Nifty reclaimed the 17,500-mark on Tuesday after Finance Minister Nirmala Sitharaman unveiled a bigger Rs 39.45 lakh crore Budget, with higher spending on infrastructure to spur economic recovery and create jobs. Metal, realty and cement stocks saw robust buying, while selling in auto and telecom counters capped the gains.
1 February 2022, 17:31 PM
After 2018, information is being shared on black money by foreign countries. On bases of this info, we're working account by account for black money to be brought. NPAs in banks are coming down, banks getting the money back of those who've fled country: FM
1 February 2022, 17:30 PM
Pandemic snatched away so many jobs across the world. Our Atmanirbhar Bharat Package saved the jobs of a lot of people. We are trying to help those who lost their jobs, through various schemes. I am denying but it is not fair to say that we didn't do anything: FM
1 February 2022, 17:30 PM
We're taking several steps to tackle these (unemployment & inflation) issues. Our govt didn't allow inflation to go double-digit. Yes, it breached the 6% limit for a month but never crossed it. However, before 2014 it was always in the range of 10,11,12,13: FM
1 February 2022, 16:24 PM
We are also tracking every trail of money in that (transaction of crypto assets) by imposing 1% TDS at every transaction: FM Nirmala Sitharaman
1 February 2022, 16:14 PM
FM Nirmala Sitharaman on proposed Digital Rupee & cryptocurrencies: What RBI will issue is a digital currency. Everything that prevails outside of it is assets being created by individuals & we are taxing profits made out of transactions of those assets, at 30 percent.
1 February 2022, 16:13 PM
Hospital sector hit badly due to Covid. Given incentive in 14 sectors to increase jobs
1 February 2022, 16:03 PM
I have not hiked taxed. We followed PM Modi's vision that the people should not be burdened with the impact of taxation. They are already facing hardships due to the Covid-19 pandemic
1 February 2022, 14:41 PM
PM Modi congratulates FM Nirmala Sitharaman for a people-friendly Budget
1 February 2022, 15:11 PM
PM Narendra Modi lauds the Budget, says it is for the Gareeb Ka Kalyaan
Speaking on #AatmanirbharBharatKaBudget 2022. https://t.co/vqr6tNskoD
— Narendra Modi (@narendramodi) February 1, 2022
1 February 2022, 14:21 PM
Union Finance Minister Nirmala Sitharaman tables the Union Budget 2022 and Fiscal Policy Statement 2022-23 in Rajya Sabha. House adjourned till tomorrow, 2nd February.
1 February 2022, 12:55 PM
Sensex surges 879.62 points, currently at 58,893.79. Nifty rises 234.70 points, currently at 17,574.55
1 February 2022, 12:55 PM
Union Finance Minister Nirmala Sitharaman introduces Finance Bill 2022.
1 February 2022, 12:54 PM
FM ends Budget speech. Lok Sabha adjourned till tomorrow, 2nd February.
1 February 2022, 12:53 PM
Customs duty on cut-diamonds has been reduced to 5%. Custom Duties on important chemicals like acidic acid & methanol reduced.
1 February 2022, 12:52 PM
GST payed a remarkable reform in India's GDP. GST revenues are buoyant despite the pandemic, gross GST collection for month of January are over Rs. 1.4 lakh crore. The highest since the inception of GST. Taxpayers deserve applause who have diligently contributed to fulfilling their responsibilities in improved tax & GST, says FM
1 February 2022, 12:52 PM
Virtual digital assets to be taxed at 30% and 1 % TDS on transfer of virtual digital assets
1 February 2022, 12:51 PM
Tax deduction limit to be reduced for central government employees from 18% to 15% in their contribution to NPAs
1 February 2022, 12:50 PM
Existing tax benefits for Startups which were offered redemption of taxes for 3 consecutive years to be extended by 1 more year: FM
1 February 2022, 12:49 PM
Reduce of surcharge of cooperative societies from 12% to 7% for those having income below 1 crore
1 February 2022, 12:23 PM
FM Nirmala Sitharaman has not announced any change in the Income Tax Bracket for tax paying individuals.
1 February 2022, 12:22 PM
Co-operative surcharge to be reduced from 12% to 7%: FM Nirmala Sitharaman
The parent or guardian of a differently abled person can take an insurance scheme for such person. The present law provides for deduction to the parent or guardian only if the lump sum payment or annuity is available to the differently abled person on the death of the subscriber i.e. parent or guardian.
1 February 2022, 12:22 PM
I propose to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30%. No deduction in respect of any expenditure or allowance shall be allowed while computing such income, except cost of acquisition: FM Nirmala Sitharaman
1 February 2022, 12:22 PM
Both Centre and States govt employees' tax deduction limit to be increased from 10% to 14% to help the social security benefits of state govt employees and bring them at par with the Central govt employees: FM Nirmala Sitharaman
1 February 2022, 12:12 PM
Both Centre and States govt employees' tax deduction limit to be increased from 10% to 14% to help the social security benefits of state govt employees and bring them at par with the Central govt employees: FM Nirmala Sitharaman
1 February 2022, 12:11 PM
FM Nirmala Sitharaman announces to provide an opportunity to correct an error, taxpayers can now file an updated return within 2 years from the relevant assessment year
1 February 2022, 12:10 PM
FY23 fiscal deficit pegged at 6.4% Of GDP. FY22 fiscal deficit pegged at 6.9% of GDP
1 February 2022, 12:05 PM
For 2022-23,allocation is Rs 1 lakh cr to assist the states in catalyzing overall investments in economy. These 50-yr interest-free loans are over&above normal borrowings allowed to states. It'll be used for PM Gati Shakti-related&other productive capital investments of states:FM
1 February 2022, 12:03 PM
Digital rupee to be issued using blockchain and other technologies; to be issued by RBI starting 2022-23. This will give a big boost to the economy: FM Nirmala Sitharaman
1 February 2022, 12:03 PM
Digital rupee to be issued using blockchain and other technologies; to be issued by RBI starting 2022-23. This will give a big boost to the economy: FM Nirmala Sitharaman
1 February 2022, 12:01 PM
Sovereign Green Bonds to be issued in public sector projects to reduce carbon footprint initiatives in the economy : FM
1 February 2022, 12:01 PM
Effective Capital Expenditure of the Central Govt is estimated at Rs 10.68 lakh crores in 2022-23, about 4.1% of GDP: FM Nirmala Sitharaman
1 February 2022, 11:57 AM
To facilitate domestic manufacturing for ambitious goal of 280 GW of installed solar capacity by 2030, addl allocation of Rs 19,500 cr for PLI for manufacturing of high-efficiency modules with priority to fully integrate manufacturing units to solar PV modules will be made: FM
1 February 2022, 11:55 AM
National Skill Qualification Framework to be aligned with dynamic industry needs Digital Ecosystem for Skilling & Livelihood e-portal to be launched, to enable citizens to skill, reskill, upskill Will enable discovery of relevant jobs, entrepreneurial opportunities
1 February 2022, 11:53 AM
Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) to be revamped with required fund infusion Will facilitate additional credit of Rs. 2 lakh crore for Micro and Small Enterprises and expand job opportunities. Emergency Credit Line Guarantee, which has provided additional credit to MSMEs, extended till March 2023 Guarantee cover to be expanded by Rs. 50,000 Cr. to a total cover of Rs. 5 lakh crores Additional amount earmarked exclusively for hospitality, related sectors
1 February 2022, 11:51 AM
Implementation of Ken Betwa Linking project at est. cost of Rs. 44,605 Cr. to be taken up with irrigation benefits to 9.0 lakh hectare farmland, drinking water to 62 lakh people, 103 MW hydropower. 27 MW solar power generation Rs 1400 crores allocated in 2022-23: FM
1 February 2022, 11:50 AM
Special Economic Zones Act will be replaced with new legislation...for the development of enterprise and hubs. It will cover the existing industrial enclaves and enhance the competitiveness of exports: FM
1 February 2022, 11:50 AM
To reduce the delay in payment, an online bill system to be launched which will be used by all Central ministries
1 February 2022, 11:50 AM
68% of the capital procurement budget for Defence to be earmarked for domestic industry to promote Aatmanirbharta and reduce dependence on imports of defence equipment. This is up from the 58% last fiscal: FM Nirmala Sitharaman
1 February 2022, 11:49 AM
Housing projects allotted Rs 48,000 cr for FY23 under PM Housing scheme. Rs 60,000 crore allocated to cover 3.8 crore households for tapwater: FM
1 February 2022, 11:49 AM
To promote a shift to the use of public transport in urban areas, special mobility zones with zero fossil fuel policy to be introduced...Considering space constraints in urban areas, a 'Battery Swapping Policy' will be brought in: FM FM Nirmala Sitharaman
1 February 2022, 11:47 AM
Use of Kisan Drones to be promoted for crop assessment, digitization of land records, spraying of insecticides and nutrients: FM Nirmala Sitharaman
1 February 2022, 11:47 AM
Private sector will be encouraged to create sustainable and innovative business models for battery and energy as a service, improving the efficiency in the EV ecosystem: FM
1 February 2022, 11:46 AM
Fund to be facilitated through NABARD to finance startups for agriculture and rural enterprise, relevant for farm produce value chain. Startups will support FPOs and provide tech to farmers: FM Nirmala Sitharaman
1 February 2022, 11:46 AM
The pandemic has accentuated mental health problems in people of all ages. To better the access to quality mental health counseling and care services, a National Tele Mental Health program will be launched: FM Nirmala Sitharaman
1 February 2022, 11:42 AM
Issuance of E-passports will be rolled out in 2022-23 to enhance convenience for citizens: Finance Minister Nirmala Sitharaman
1 February 2022, 11:41 AM
Government will pay Rs 2.37 lakh crore towards procurement of wheat and paddy under MSP operations. The fiscal 2022-23 has been announced as International Year of Millets
1 February 2022, 11:40 AM
An open platform for the National Digital Health Ecosystem will be rolled out. It will consist of digital registries of health providers and health facilities, unique health identity and universal access to health facilities: FM
1 February 2022, 11:38 AM
PM development initiatives for North East will be implemented for the North Eastern Council... This will enable livelihood activities for youth and women. This scheme is not a substitute for the existing Centre or State schemes: FM Nirmala Sitharaman
1 February 2022, 11:38 AM
Rationalized and comprehensive scheme to increase domestic production of oil seeds to be implemented, to reduce dependence on import of oil seeds
