Union Budget 2021-22

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

'Astonishingly disappointing': Shashi Tharoor, Mamata Banerjee react to Union Budget 2022-23

The Congress leader said that this is a Budget that seems to be pushing 'achhe din' even farther away.

Feb 01, 2022, 13:44 PM IST

Union Budget 2022: Tax deduction limit on employer’s contribution to NPS a/c of State govt employees hiked from 10% to 14%

FM Sitharaman announced parity between employees of State and Central government by hiking Central Government contribution to the National Pension System (NPS) Tier-I.

Feb 01, 2022, 13:27 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

Union Budget 2022: No change in Income Tax slabs, revised ITR filing window now open for 2 years from AY

The Finance Minister however gave respite to people filing their revised Income Tax Return (ITR) by expanding the tax filing window.

Feb 01, 2022, 12:44 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

Digital university to be set up to provide education, says FM Nirmala Sitharaman

"Digital university to be set up to provide education; to be built on hub and spoke model," said FM Nirmala Sitharaman. 

Feb 01, 2022, 11:59 AM 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

Budget 2022: FM Nirmala Sitharaman hails India’s Covid-19 vaccination drive, says it has ‘helped greatly’

“We are in the midst of the Omicron wave, the speed of our vaccination campaign has helped greatly. I am confident that ‘Sabka Prayaas’, we'll continue with strong growth,” said Nirmala Sitharaman. 

Feb 01, 2022, 11:21 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

5 interesting things about Nirmala Sitharaman’s Budget ever since she took charge as FM

In 2019, Sitharaman became the second woman to have presented the budget after Indira Gandhi, who had presented the budget for the financial year 1970-71.

Feb 01, 2022, 10:15 AM IST

Budget 2022: Here’s how the stock market reacted to past 10 Union Budgets

Last year, the market gave an impressive 4.74% return on the day of the Budget 2021 presentation. 

Feb 01, 2022, 09:47 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