Budget 2022-23

Union Budget 2022: Why and when was Rail Budget merged with Union Budget? Interesting details

A separate Railway Budget was started by the British in 1924. Even after the merger, the distinct entity and the functional autonomy of the Railways, as was envisioned, has been maintained.

Jan 19, 2022, 16:17 PM IST

Union Budget 2022: Experts urge govt to introduce permanent dispute resolution process on the lines of Vivad se Vishwas Scheme

The ‘Vivad se Vishwas’ Scheme was announced during the Union Budget, 2020, to provide for dispute resolution in respect of pending income tax litigation.

Jan 19, 2022, 14:01 PM IST

Budget 2022: As salaried class demand hike in ITR bracket, check 10 options to save income tax other than 80C

The one thing that the common man will be eagerly waiting to hear from the finance minister during Union Budget 2022 presentation is the announcement on taxation.

Jan 19, 2022, 11:22 AM IST

Union Budget 2022: Energy sector urges govt to expand PLI scheme to boost domestic manufacturing

A return of consumer confidence in renewable energy sources, improved financial market conditions, and an increase in manufacturing and export activities in the country would be crucial.

Jan 18, 2022, 13:51 PM IST

Union Budget 2022: Increase in Income Tax slab vital for salaried class

What perhaps needed in the Union Budget 2022 is to bring dynamic changes in the income-tax slabs and increase the rebates under section 80C, 80EE, 80EEA and 24(b) of the Income Tax Act, say experts.

Jan 18, 2022, 13:01 PM IST

Union Budget 2022: MFIs, fintech expect bolder budget and allocation of more to MGNREGA scheme

Fintechs believe that the he government should also push the collaborative approach decided by the Reserve Bank to incentivise banking sector.

Jan 18, 2022, 11:18 AM IST

Union Budget 2022: Banks pitch for reduction of tax-free FD tenure to 3 years

Currently, the tax break is available on 5-year tax-saving FD schemes. One can claim an income tax deduction by investing money in a five-year FD scheme under Section 80C of the Income Tax Act, 1961. Section 80C is a wide bracket with a ceiling of Rs 1.50 lakh.

Jan 18, 2022, 10:39 AM IST

Union Budget 2022: Realty sector urges govt to increase standard deduction on home loans to Rs 5 lakh

The real estate sector, like others businesses, is looking forward to many positive, innovative and path-breaking announcements in the budget this year.

Jan 17, 2022, 16:10 PM IST

FPIs invest Rs 3,117 crore in Indian markets in January so far

Depositories data showed that they pumped Rs 1,857 crore into equities and Rs 1,743 crore into hybrid instruments during January 1-14.

Jan 17, 2022, 13:44 PM IST

Union budget 2022: Salaried class demand increase in Income tax slab, check out the current one

Here is looking at the current slab for Individual (resident or non-resident) less than 60 years of age.

Jan 17, 2022, 13:25 PM IST

Union Budget 2022: Education sector seeks higher allocation in overall budget

The sector also wants government to reduce GST on Educational Services from 18% to 5%,

Jan 17, 2022, 12:53 PM IST

Exclusive: Budget 2022 crucial for electric two wheeler industry in India, can push India's EV growth

It’s simply impossible to imagine an Indian city without two wheelers as a large part of the country's population primarily moves on two-wheelers.

Jan 17, 2022, 12:41 PM IST

Budget 2022-23 Expectations: Fintech firms demand further liberalisation of tax regime

The fintech industry has urged Finance Minister Nirmala Sitharaman to further liberalise the tax regime for financial sector startups.

Jan 16, 2022, 16:15 PM IST

Budget 2022-23 could consider levying TDS and TCS on crypto trading, make it reportable in SFT

The government could consider in the upcoming Budget levying TDS/TCS on sale and purchase of cryptocurrencies.

Jan 16, 2022, 14:48 PM IST

Budget 2022 Expectations: Healthcare firms seek reduction in GST, import duties; ease in FDI rules

Finance Minister Nirmala Sitharaman is all set to present the Budget 2022 on February 1.

Jan 15, 2022, 16:25 PM IST

Budget Expectations: Telcos seek Rs 35,000 crore input tax credit refund, GST waiver on licence fee

Telecom operators want the government to refund input tax credit of around Rs 35,000 crore, reduce levies and waive GST on licence fees and spectrum usage in the upcoming Budget.

Jan 14, 2022, 23:24 PM IST

Budget to offer more fiscal support to economy amid uncertainty from third wave: Report

The rising uncertainty from the third wave of the pandemic will force the forthcoming Budget to push the fiscal pedal more to support the fragile recovery, according to a report.

Jan 14, 2022, 21:13 PM IST

Union Budget 2022: Industry leaders confident about India's economic recovery, finds survey

According to the pre-budget survey by Deloitte Touche Tohmatsu India LLP (DTTILLP), that collated a total of 163 responses from 10 industries, more than 75 per cent respondents were positive about India's economic growth and expansion.

Jan 14, 2022, 17:04 PM IST