Union Budget 2021-22

Economic Survey 2022 to be tabled in Parliament today: What is it and what is its significance?

The finance ministry is expected to come out with a single volume Economic Survey for 2021-22 projecting a growth of around 9 percent for the next financial year. 

Jan 31, 2022, 08:58 AM IST

Economic Survey 2022 to be presented today, all eyes on GDP forecast despite recent misses

One of the most-watched numbers in the pre-Budget Economic Survey, authored by a team led by Chief Economic Advisor (CEA), is the projection of the Gross Domestic Product (GDP) for the next fiscal.

Jan 31, 2022, 08:47 AM IST

Budget 2022: 17 lesser known facts about Union Budget

The Budget was first introduced in India on April 7, 1860 when Scottish economist and politician James Wilson from East India Company presented it to the British Crown. 

Jan 30, 2022, 16:30 PM IST

Budget 2022: Healthcare industry seeks priority status, increase in fund allocation to 3% of GDP

Leading healthcare providers have urged The government should also consider continuation of tax incentives, upgradation of medical facilities in smaller towns and skilling of workforce in the Budget 2022.

Jan 30, 2022, 13:55 PM IST

Budget 2022: 5 Union Budget tradition changes introduced for first time under Modi government

The Union Budget presentation has witnessed a few traditional changes for the first time under the Modi government. 

Jan 29, 2022, 15:30 PM IST

Budget 2022: No ‘Zero Hour’ in Lok Sabha on 31 Jan, 1 Feb; here’s why

President Ram Nath Kovind will address a joint sitting of both Houses of Parliament on January 31. 

Jan 29, 2022, 10:16 AM IST

Union Budget 2022: As salaried class demand hike in ITR bracket, check 5 major sources of income that are tax free in India

Here’s looking at 5 major sources of income that are tax free in India.

Jan 28, 2022, 17:12 PM IST

Union Budget 2022: Telcom sector expects govt to enable policy framework in 5G, digital media

As Finance Minister Nirmala Sitharaman is all set to present the Union Budget on February 1, experts have urged the government to enable policy framework in 5G, digital media. They have also sought for a separate budget head for building National Champions to augment GDP growth.

Jan 28, 2022, 15:01 PM IST

Union Budget 2022: 65% people unhappy about current Income tax structure in India, finds survey

YouGov's latest survey shows sentiments of the public around income tax and reveals their expectations from the upcoming budget.

Jan 28, 2022, 13:15 PM IST

Union Budget 2022: No Halwa ceremony this time, FM distributes sweets instead! Why so and what’s the significance of Halwa ceremony?

Breaking away from the tradition of the customary `Halwa ceremony` before the commencement of the Budget Session of the Parliament, this time sweets sweets were provided to the core staff due to undergoing "lock-in" at their workplaces.

Jan 28, 2022, 09:03 AM IST

Budget 2022: Sweets distributed in FinMin, core staff to undergo lock-in

Finance Minister Nirmala Sitharman will present the Union Budget on February 1, 2022. 

Jan 27, 2022, 20:15 PM IST

Union Budget 2022 goes green, to be presented on February 1 in paperless form

Union Budget 2022-23 will be presented in a paperless form for the second time on February 1, 2022. 

Jan 27, 2022, 19:25 PM IST

Union Budget 2022: Here's looking at Longest and shortest Budget speeches given by India's Finance Ministers

FM Nirmala Sitharaman's 2020 Budget speech, that went on for approximately 160 minutes, is considered the longest Budget speech by any finance minister in India's history. 

Jan 27, 2022, 16:39 PM IST

Union Budget 2022: Expectations for the automobile and rental car segments

Given that purchasing a new vehicle isn’t feasible for everyone and public transportation is ruled out owing to safety concerns, the natural choice has been shared mobility, especially on a subscription basis.

Jan 27, 2022, 13:19 PM IST

Union Budget 2022: Incentivise investments in healthcare sector, says survey

As per the Grant Thornton Bharat survey, nearly 58 per cent of the respondents believe that fiscal incentives will encourage private investment in the rural healthcare infrastructure.

Jan 27, 2022, 10:38 AM IST

Budget 2022: IMF’s Gita Gopinath expects Nirmala Sitharaman to address unequal recovery, focus on health

Gopinath said that she also expects the government to focus more on healthcare spending and increase education expenditure. 

Jan 26, 2022, 22:07 PM IST

Budget 2022: Need to support incomes for consumption push, says Crisil Research

The NSO’s latest estimates on India's GDP for this fiscal show that household consumption demand is lagging fiscal 2020 levels by 3 per cent.

Jan 26, 2022, 19:25 PM IST

Budget 2022: Bring natural gas under GST to realise PM's vision of gas-based economy, urges industry

The government should bring natural gas under the Goods and Services Tax, an industry body has said. 

Jan 26, 2022, 17:30 PM IST

Union Budget 2022 goes green, cuts down on printing to bare minimum

The Budget documents will be available mostly digitally, with only a handful of physical copies, officials said.

Jan 26, 2022, 16:52 PM IST

Union Budget 2022: Parliamentary Affairs minister convenes all-party meeting on Jan 31 ahead of Budget

The budget session of Parliament Part 1 will begin from January 31 and will continue to February 11.

Jan 26, 2022, 13:11 PM IST