Budget 2022-23

Union Budget 2022: Experts laud FM for raising the capital expenditure to Rs 7.50 lakh crore in 2022-23

In terms of economic support, especially on infrastructure and taxation fronts, the Union Budget 2022 has delivered along expected lines, believe experts.

Feb 01, 2022, 16:38 PM IST

Budget 2022: Kisan drones, services in PPP mode, chemical-free natural farming to open new doors for agriculture

Sitharaman said the Central government will promote Kisan Drones, chemical-free natural farming, public-private partnerships (PPP) for the delivery of digital and high-tech services to farmers.  

Feb 01, 2022, 16:02 PM IST

Union Budget 2022: Banking experts say, Budget proposals will provide opportunities for debt, equity investments

Governmentt’s focus on empowering citizens and providing impetus to digital means of banking will accelerate the digital and financial inclusion of the masses, say experts.

Feb 01, 2022, 15:54 PM IST

Budget 2022: Rs 48,000 crores under PM Awas, construction of 80 lakh homes to facilitate affordable housing

Finance Minister Nirmala Sitharaman announced that in 2022-23, 80 lakh houses will be completed for the identified eligible beneficiaries of PM Awas Yojana, both rural and urban and Rs 48,000 crore is allocated for this purpose.

Feb 01, 2022, 15:12 PM IST

UP CM Yogi Adityanath hails Union Budget 2022, says it ‘benefits all sections especially farmers, women, youth’

“This is a progressive Budget; benefits all sections especially farmers, women, youth,” said UP CM Yogi Adityanath. 

Feb 01, 2022, 15:01 PM IST

Union Budget 2022: Five key taxation points that impacts the common man, salaried class

Though no announcement was made in the Income Tax bracket, the FM has made several other announcements that has a direct impact on the common man and the salaried class.

Feb 01, 2022, 14:37 PM IST

Budget 2022: 30% tax on cryptocurrency income brings clarity, legitimises crypto, say experts

Finance Minister Nirmala Sitharaman said that any income from transfer of any virtual digital asset shall be taxed at 30%. 

Feb 01, 2022, 14:22 PM IST

Budget 2022: PLI scheme can create 60 lakh jobs in next 5 years, says FM Sitharaman

Sitharaman said that PLI scheme has the potential to create 60 lakh new jobs during the next five years.

Feb 01, 2022, 13:52 PM IST

'Astonishingly disappointing': Shashi Tharoor, Mamata Banerjee react to Union Budget 2022-23

The Congress leader said that this is a Budget that seems to be pushing 'achhe din' even farther away.

Feb 01, 2022, 13:44 PM IST

Union Budget 2022: Tax deduction limit on employer’s contribution to NPS a/c of State govt employees hiked from 10% to 14%

FM Sitharaman announced parity between employees of State and Central government by hiking Central Government contribution to the National Pension System (NPS) Tier-I.

Feb 01, 2022, 13:27 PM IST

Budget 2022: Sensex surges 879.62 points, Nifty rises 234.70 points on budget announcements

Sensex and Nifty extended their gains and were trading over 800 points and 200 points higher, respectively, in mid-session deals on Tuesday. 

Feb 01, 2022, 13:02 PM IST

Budget 2022: GST collections in Jan 2022 at Rs 1,40,986 crores highest since GST’s inception

Sitharaman said that the gross GST collections for the month of January 2022 at Rs 1,40,986 crores are the highest since the inception of GST. 

Feb 01, 2022, 12:48 PM IST

Union Budget 2022: No change in Income Tax slabs, revised ITR filing window now open for 2 years from AY

The Finance Minister however gave respite to people filing their revised Income Tax Return (ITR) by expanding the tax filing window.

Feb 01, 2022, 12:44 PM IST

Budget 2022: FM Sitharaman announces no change in income tax slab for individual taxpayers

Sitharaman made the announcement while presenting Budget 2022-23 in the Lok Sabha. 

Feb 01, 2022, 12:36 PM IST

Budget 2022: Revised tax filing window to be open for two years from assessment year in case of less filing of tax

Sitharaman announced that the revised tax filing window will remain open for two years from the year of assessment in case of less filing of tax.

Feb 01, 2022, 12:14 PM IST

Budget 2022: 60,000 houses will be identified as beneficiaries for PM Awas Yojana

Finance Minister Nirmala Sitharaman said that 60,000 houses will be identified as beneficiaries in rural and urban areas. 

Feb 01, 2022, 12:00 PM IST

Digital university to be set up to provide education, says FM Nirmala Sitharaman

"Digital university to be set up to provide education; to be built on hub and spoke model," said FM Nirmala Sitharaman. 

Feb 01, 2022, 11:59 AM IST

Budget 2022: Big boost for MSMEs as ECGLS benefits extended to March 2023

The Emergency Credit Line Guarantee Scheme (ECLGS) has been extended till March 2023. 

Feb 01, 2022, 11:41 AM IST

Budget 2022 Key Announcements: RBI to issue blockchain-based Digital Rupee, announces FM Sitharaman

Finance Minister Nirmala Sitharaman is presenting the Union Budget 2022 in the Lok Sabha. 

Feb 01, 2022, 11:24 AM IST

Budget 2022: FM Nirmala Sitharaman hails India’s Covid-19 vaccination drive, says it has ‘helped greatly’

“We are in the midst of the Omicron wave, the speed of our vaccination campaign has helped greatly. I am confident that ‘Sabka Prayaas’, we'll continue with strong growth,” said Nirmala Sitharaman. 

Feb 01, 2022, 11:21 AM IST