Budget 2022 unlikely to allocate any fund for bank recapitalisation: ICRA Report
Icra said that the upcoming budget is unlikely to make any provision for recapitalisation of state-owned lenders.
Jan 13, 2022, 21:44 PM IST
Union Budget 2022: Ficci demands separate section for home loans repayment for both principal and interest components
Ficci has recommended that there should be a separate section for home loans repayment with a combined maximum deduction of up to Rs 5 lakh for both principal and interest components.
Jan 13, 2022, 13:27 PM IST
Union Budget 2022: PHDCCI bats for re-think on Tax on PF contribution interest exceeding Rs 2.5 lakh a year
PHDCCI further said that higher contribution is all the more important keeping in view the falling interest rate on the savings.
Jan 13, 2022, 11:27 AM IST
Budget 2022 Expectations: Concessions in direct taxes, REITs, InvstITs taxation changes, custom duty relief
Finance Minister Nirmala Sitharaman is expected to present the Union Budget on February 1, 2022.
Jan 12, 2022, 21:55 PM IST
Union Budget 2022: Start ups urge govt to relax tax burden on the sector
The dates of the Budget session are yet to be announced, though it is expected that Finance Minister Nirmala Sitharaman wiill present the Budget 2022-23 on February 1 as has been practised since a couple of years now.
Jan 12, 2022, 15:18 PM IST
Union Budget 2022: ACMA seeks lower GST on auto components
The industry has significant aftermarket operations that are plagued by grey operations and counterfeits due to the high 28 per cent GST rate.
Jan 12, 2022, 14:03 PM IST
Union Budget 2022: Real estate sector demands tax relaxations, extension of tax deduction on interest paid on home loans
Realty sector has urged the finance minister to reduce the TDS deduction rates on coworking spaces as most of the receivables from the client is towards services.
Jan 11, 2022, 13:43 PM IST
Budget 2022: COVID-battered hospitality sector demands infra status for hotels
In its pre-Budget memorandum, the Hotel Association of India (HAI) said policy interventions are imperative for the sector's survival and its early and quick rebound to normalcy.
Jan 10, 2022, 16:23 PM IST
Union Budget 2022: PHDCCI urges govt to bring all branded, unbranded packaged cereals and staples under 5% GST uniformly
The dates of the Budget session are yet to be announced, though it is expected that Finance Minister Nirmala Sitharaman wiill present the Budget 2022-23 on February 1 as has been practised since a couple of years now.
Jan 10, 2022, 13:31 PM IST
Budget 2022: EC won’t interfere in Union Budget presentation, says CEC Chandra
The EC would not like to interfere in the presentation of the Union Budget, Chief Election Commissioner (CEC) Sushil Chandra said on Saturday.
Jan 09, 2022, 09:48 AM IST
Budget 2022: From new schemes to infra boost, here’s how budget could benefit common man
Finance Minister Nirmala Sitharaman is all set to present her fourth budget on February 1.
Jan 08, 2022, 17:15 PM IST
Budget 2022: What is Halwa ceremony and what is its significance?
The halwa ceremony marks the last leg of the budget process.
Jan 07, 2022, 23:46 PM IST
CII’s Budget Expectations: Focus on investment and infrastructure must continue
CII President T V Narendran pointed out that focus on investment and infrastructure must continue with Budget 2022.
Jan 06, 2022, 18:39 PM IST
Union Budget 2022: PHDCCI urges govt to improve cost structure of Indian Aluminium industry
In its pre-Budget memorandum PHDCCI has suggested to reduce the basic custom duty on the following critical raw materials.
Jan 06, 2022, 15:55 PM IST
Union Budget 2022: Raise PPF contribution limit from Rs 1.5 lakh to Rs 3 lakh, suggests ICAI
In its pre-Budget memorandum, the ICAI has made various suggestions under section 80C –one of which pertains to Public Provident Fund.
Jan 06, 2022, 10:39 AM IST
Budget expectations: Microfinance institutions seek extension of credit guarantee scheme till FY2023
Microfinance institutions have written to Finance Minister Nirmala Sitharaman seeking extension of the credit guarantee scheme for micro lenders till FY 2022-23.
Jan 05, 2022, 21:21 PM IST
Union Budget 2022: Realty sector expecting dynamic favourable policy for housing sector, relaxation in taxes
The real estate sector is also looking forward to the upcoming Union Budget and expecting few key relaxation in taxes to boost the sector and make it more affordable.
Jan 05, 2022, 10:07 AM IST
Centre may hike agri credit target to about Rs 18 lakh crore in upcoming Budget
The Central government is all set to raise farm credit target to about Rs 18 lakh crore in the Budget 2022-23 to be presented on February 1.
Jan 02, 2022, 14:57 PM IST
Union Budget 2022: Forthcoming Budget expected to provide much-needed impetus to economy, says Muthoot Finance MD
It will be important to keep an eye on sops for the micro, small & medium enterprises (MSME) sector, tax rebates for MSMEs/small business, and housing segments, Muthoot Finance MD said.
Dec 30, 2021, 10:14 AM IST
Union Budget 2022: Healthcare sector urges govt increase spending on genetic research
Challa added that government needs to give more subsidy and sop to the genetic field.
Dec 23, 2021, 15:44 PM IST
