Budget 2022 Expectations: Appliances, consumer electronics industry seeks govt incentives and customs duty hike
The budget session will start on January 31, with Finance Minister Nirmala Sitharaman presenting the annual budget on February 1.
Jan 24, 2022, 21:00 PM IST
Budget 2022: Exporters seek support measures in Budget to boost shipments
It said that the export sector is facing major issues due to rising freight cost and its dependence on global shipping companies.
Jan 24, 2022, 16:11 PM IST
Budget 2022: CII seeks 1% CSR levy in Budget to provide Covid-19 vaccine booster shots
Confederation of Indian Industry has also urged state governments to lift the pandemic-induced restrictions on economic activity.
Jan 23, 2022, 16:41 PM IST
Budget 2022: Sensex, Nifty likely to remain volatile in the run-up to Budget
The benchmark Sensex lost 2,185.85 points and the Nifty slumped 638.6 points or 3.5 per cent during the week ended January 21.
Jan 23, 2022, 15:21 PM IST
Budget 2022: Entrepreneurs seek more opportunities for women, focus on menstrual hygiene
Finance Minister Nirmala Sitharaman will present the Union Budget on February 1, 2022.
Jan 22, 2022, 14:32 PM IST
Budget 2022: Most people feel income tax exemption limit could be raised from Rs 2.5 lakh, says KPMG Survey
KPMG survey pointed out that a majority of respondents feel that the Union Budget 2022-23, to be unveiled on February 1, will increase the basic income tax exemption limit from the current Rs 2.5 lakh.
Jan 21, 2022, 19:02 PM IST
Budget 2022: Budget expected to restore consumer confidence
In such an environment, where several sectors of the economy are still functioning below potential, preparing the budget is, by no means, an easy task, the report said.
Jan 21, 2022, 13:38 PM IST
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
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
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
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
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
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
