Union Budget 2022

Budget 2022: Travel agents body TAAI seeks 'One India One Tourism' approach in Budget

Besides, the Association has sought bringing Aviation Turbine Fuel (ATF) under the ambit of GST to make air travel more viable for all stakeholders as well as extension of the Emergency Credit Line Guarantee Scheme (ECLGS).

Jan 22, 2022, 19:43 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: Who presented the highest number of Union Budgets?

The most number of budgets were presented by former Finance Minister Morarji Desai. Desai presented the budget a total of 10 times, first between 1959 and 1963, and then again between 1967 and 1969. Notably, Desai, who was born on December 29, presented the budget on his birthday on two occasions, both during the leap years.

Jan 21, 2022, 16:10 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

Budget 2022: What Is Wealth Tax & Why Was It Abolished?

The Wealth Tax Act, 1957 was an Act of the Parliament of India that provides for the levying of wealth tax on an individual, HUFs or company. The wealth tax was levied on the net wealth of a person on 31 March of every year. Wealth tax was abolished in the Union Budget (2016–2017) presented by Union Finance Minister Arun Jaitley on 28 February 2016. It was then replaced with an additional surcharge of 2 per cent on the super rich with a taxable income of over 1 crore annually.

Jan 21, 2022, 12:40 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

Government informs source of income in Budget

The central government informs about sources of income in union budget custom duty excise duty income tax corporate tax and many more

Jan 20, 2022, 22:58 PM 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: Understand Budget in Simple Words

Union budget 2022 will be present on 1st february 2022. Budget consists many hard and tough vocabulary which is not easy to understand for common people. here you understand budget in simple words. budget fiscal deficit, financial bill, direct tax, indirect tax, consolidated fund and disinvestment

Jan 20, 2022, 20:48 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

Union Budget 2022: From James Wilson to Nirmala Sitharaman, special things related to the Indian budget

On February 1, once again Nirmala Sitharaman is going to present the budget of the Modi government. Talking about the history of budget, it is older than independence. For the first time in the country the budget was presented in the year 1860. Let us know 10 special things related to the budget.

Jan 20, 2022, 18:58 PM IST

Minimum Corporate Tax Presented by Rajiv Gandhi in 1987-88

Former Prime minister Rajiv Gandhi presented Minimum Corporate tax in union budget in 1987-88 as finance minister. The governemt estimates 75 crores extra revenue income from this tax only. here you know why government implement this tax in year 1987-88

Jan 20, 2022, 18:28 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

Budget 2022: All About Union Budget Rituals & Why They Are Followed By Govt Ahead Of Budget Day

We all have some kind of traditions that we follow, be it out of habit or just faith, that we follow before any important task. Similarly, Union Budget has some rituals and traditions associated with it as well. Watch the full video to know the rituals and the stories behind these iconic rituals.

Jan 20, 2022, 17:40 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

Budget 2022: Expectations and Recommendations from the Indian auto industry

The Indian auto industry is expecting some good sops and announcements to push the otherwise slump industry facing issues like chip shortage and periodic lockdowns.

Jan 20, 2022, 16:14 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