Exclusive: How Union Budget 2022 can push an enhanced EV ecosystem in India?
The government led initiatives like FAME II and Make-in-India have catalyzed electric vehicle adoption in India and triggered an EV demand.
Jan 24, 2022, 18:46 PM IST
Union Budget 2022: What is Economic Survey and what is its significance?
The survey, also regarded as the official report card of the union government, gives a roadmap for the country's economy and spells the way forward.
Jan 24, 2022, 16:53 PM IST
Single volume Economic Survey likely, may project growth rate of around 9%
The Survey, which is tabled in Parliament by the Finance Minister ahead of the Union Budget, is being prepared by Principal Economic Advisor and other officials in absence of the Chief Economic Advisor (CEA), who traditionally is the main architect of the document.
Jan 24, 2022, 13:19 PM IST
Budget 2022: What all to expect from Budget for Indian Railways, details here
As per sources, the Central government will increase the outlay for the railways this time by 15-20 percent.
Jan 24, 2022, 09:56 AM 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
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
Union Budget 2022: Meet James Wilson, the man who created India's first-ever Budget
Wilson first came to India on November 28, 1859, and he introduced the first Budget of India in 1860.
Jan 21, 2022, 09:32 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
