Budget Expectations

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

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

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

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

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

Finance Minister Nirmala Sitharaman wears rusty brown saree for her fourth budget presentation

Because of Covid limitations, there was no traditional "halwa ritual" this year, in which the Finance Minister and others eat halwa the day before the Budget.

Feb 01, 2022, 11:11 AM IST

Budget 2022: FM Sitharaman will present inclusive Budget in line with needs of every sectors, says MoS Pankaj Chaudhary

Budget 2022: Chaudhary said, "Finance Minister Nirmala Sitharaman will present an inclusive budget, in line with each and every sectors’ needs." 

Feb 01, 2022, 10:49 AM IST

Budget 2022: FM Sitharaman meets President Kovind ahead of budget presentation: Know significance

Besides Sitharaman, Ministers of State for Finance, Dr Bhagwat Kishanrao Karad, Shri Pankaj Chaudhary, and senior officials of the Ministry of Finance also called on President Ram Nath Kovind.

Feb 01, 2022, 10:28 AM IST

Union Budget 2022: FM to begin speech shortly, as demand for tax rebate picks steam here's looking at current Income tax slab

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

Feb 01, 2022, 09:27 AM IST

Budget 2022: Hope FM Sitharaman delivers a feel-good Budget, says Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw said that citizens want more disposable income through lower tax rates. 

Feb 01, 2022, 08:53 AM IST

Budget 2022: Taxpayers hope for a hike in tax rebate, standard deduction limits

Taxpayers are hoping that the finance minister will increase the cap on tax rebate, besides offering other measures to provide a sigh of relief to the common man. 

Feb 01, 2022, 08:11 AM IST

Budget 2022: Good news for PPF account holders! Investment limit may be doubled, announcement likely today

In its pre-Budget memorandum, the ICAI has made various suggestions under section 80C –one of which pertains to Public Provident Fund.

Feb 01, 2022, 08:09 AM IST

Budget 2022 live streaming: When and where to watch FM Sitharaman’s Lok Sabha speech

The live streaming of the Budget 2022 presentation will begin at 11 am on Tuesday, February 1. 

Feb 01, 2022, 07:37 AM IST

Budget 2022: FM Nirmala Sitharaman likely to announce boosting measures to spur economic growth

The Finance minister is expected to announce more spending on roads, railways, besides higher subsidies for affordable housing.

Feb 01, 2022, 06:28 AM IST

Budget 2022: What are healthcare experts expecting from this year's Budget?

The union budget 2022-23 is just round the corner. Let's hear what the experts of the healthcare industry have to say about it

Jan 31, 2022, 17:42 PM IST