Budget 2022-23

Union Budget 2022: Job and income supporting measures to be watched

Some measures to support the rural economy, amid its weakening and the impending state elections, and any measures to revive the Residential Real Estate sector would be welcome, Motilal Oswal Financial Services said in a report.

Jan 21, 2022, 12:35 PM IST

Union Budget 2022: Higher standard deduction for salaried may be part of tinkering

The spending focus will likely be on welfare, rural, health and MSMEs. 

Jan 21, 2022, 11:09 AM IST

Union Budget 2022: Meet James Wilson, the man who created India's first-ever Budget

Wilson first came to India on November 28, 1859, and he introduced the first Budget of India in 1860.

Jan 21, 2022, 09:32 AM IST

Budget 2022: Fintech startups hope for support for NBFCs, peer to peer lending, clarity on crypto taxation

Fintech startups are seeking a level playing field for all players, support for peer to peer lending, NBFCs, and ease in credit flow with the upcoming Union Budget for the financial year 2022-23.

Jan 20, 2022, 22:28 PM IST

Budget 2022: Banking sector experts seek hike in FDI limit, reduction of govt stake in PSBs

Finance Minister Nirmala Sitharaman will present the Union Budget for the financial year 2022-23 on February 1, 2022. 

Jan 20, 2022, 20:47 PM IST

Union Budget 2022: From James Wilson to Nirmala Sitharaman, special things related to the Indian budget

On February 1, once again Nirmala Sitharaman is going to present the budget of the Modi government. Talking about the history of budget, it is older than independence. For the first time in the country the budget was presented in the year 1860. Let us know 10 special things related to the budget.

Jan 20, 2022, 18:58 PM IST

Budget 2022: Healthcare likely to receive top priority - Assocham survey

Assocham survey said that the healthcare sector is likely to receive the highest priority in the upcoming Union Budget 2022-23.

Jan 20, 2022, 17:58 PM IST

Budget 2022: All About Union Budget Rituals & Why They Are Followed By Govt Ahead Of Budget Day

We all have some kind of traditions that we follow, be it out of habit or just faith, that we follow before any important task. Similarly, Union Budget has some rituals and traditions associated with it as well. Watch the full video to know the rituals and the stories behind these iconic rituals.

Jan 20, 2022, 17:40 PM IST

Union Budget 2022: New sectors expected to get infra, industry status

Industry insiders said that several sectors and sub-industries such as hospitality, automobile retail, specific diganotics facilities and companies engaged in installation of EV charging stations amongst others might get the status.

Jan 20, 2022, 17:24 PM IST

Budget 2022: Expectations and Recommendations from the Indian auto industry

The Indian auto industry is expecting some good sops and announcements to push the otherwise slump industry facing issues like chip shortage and periodic lockdowns.

Jan 20, 2022, 16:14 PM IST

Union Budget 2022: Boosting demand by leaving more money with consumers likely to be thrust area

The concern in policy circles is that demand is sluggish and after several incentives to the industry to enhance production, the focus is now on how to increase demand.

Jan 20, 2022, 13:32 PM IST

Union Budget 2022: Wealth tax or any other new tax will do more harm than good, cautions SBI Research

Regarding sector-specific suggestions, SBI Research said 6.33 crore MSME units in India contribute 29 per cent to India's GDP, employing over 11 crore workers. Credible source to verify cashflow and seamless access for banks to GST 4 /ITR on real-time basis should be allowed for lending to SMEs, it said.

Jan 20, 2022, 13:20 PM IST

Union Budget 2022: Centre expected to lower fiscal deficit target for FY23

Accordingly, industry watchers have estimated the FY23 fiscal deficit target to range from 5.8-6.4 per cent.

Jan 20, 2022, 11:54 AM IST

Union Budget 2022 to focus on fiscal consolidation while pushing private capex

The budget is likely to focus on gradual fiscal consolidation, continuing to favour investment-driven growth with a push for both public and private capex, and raising additional resources through strategic divestments and asset monetization.

Jan 20, 2022, 09:41 AM IST

Budget 2022 Expectations: Jewellers seek import duty cut on precious metals

GJEPC has urged the Centre to reduce import duty on precious metals such as gold, silver and platinum from 7.5 per cent to 4 per cent.

Jan 19, 2022, 23:20 PM IST

Budget 2022 Expectations: MSMEs hope for GST, TDS reductions, relaxation in compliances

MSMEs are requesting the government to provide special focus to recover the sector, reduction in GST, relaxation in compliances, address the issue of delayed payments, and ease of access to capital, among others.

Jan 19, 2022, 22:46 PM IST

What is the Difference between union budget and interim budget ?

An Interim Budget is presented by the Government in the Parliament in case it has no time to present the complete budget. This generally happens when the elections are approaching and the Budget is to be presented before the voting is done. It is only justified if the ruling Government presents the Budget. Vote on Account passed through the interim budget and allows the Government to meet small expenditures before elections occur.

Jan 19, 2022, 21:30 PM IST

Budget 2022: Historical Budgets Of India Which Got Different Names

Since independence, the full budget and interim budget have been presented many times in the country. During this, there were many such budgets, which were very popular due to their historical steps. Let us know about some such special budgets which got recognition by different names.

Jan 19, 2022, 21:10 PM IST

Budget 2022: Salaried class expect Rs 50,000 WFH bonus; tax slab, standard deduction changes

Nirmala Sitharaman will present the Union Budget on Febraury 1, 2022. 

Jan 19, 2022, 20:53 PM IST

Union Budget 2022: Experts seek Universal health insurance in times of Covid

The Insurance industry has suffered huge blows during the pandemic.

Jan 19, 2022, 17:10 PM IST