Page 2 - Latest Updates on Budget presentation
Union Budget 2022-23: Poll-neutral but political subtext
Tax breaks for state govt employees and cooperatives are a move to woo these influential groups
 "Union Budget 2022-23: Poll-neutral but political subtext")
FDCI chairman Sunil Sethi's take on best, worst things in Budget
India is a good investment destination already with the highest GDP growth in large economies
 "FDCI chairman Sunil Sethi's take on best, worst things in Budget")
Budget prioritises growth over fiscal consolidation: ICRA Limited MD
The Budget has pencilled in modest 6.0 per cent growth in revenue receipts, dampened by a contraction in non-tax revenues
 "Budget prioritises growth over fiscal consolidation: ICRA Limited MD")
Budget 2022: Can the finance minister solve India's health challenges?
History shows that the country can achieve ambitious targets in health
 "Budget 2022: Can the finance minister solve India's health challenges?")
Budget 2022: Despite Covid pandemic, health no longer the highlight
Vaccination allocation for FY22-23 at only Rs 5,000 crore against Rs 39,000 crore for FY22
 "Budget 2022: Despite Covid pandemic, health no longer the highlight")
Cryptocurrency tax doesn't give legitimacy to private digital currency: FM
We are not taxing a currency (digital rupee) that is yet to be issued
 "Cryptocurrency tax doesn't give legitimacy to private digital currency: FM")
Budget bets big on public infra: Subsidy bill falls as Covid concern eases
FM slashes Customs exemptions again, this time on capital goods
 "Budget bets big on public infra: Subsidy bill falls as Covid concern eases")
A huge bet on growth
Investors sense potential for sustained corporate profits
 "A huge bet on growth")
Largely transparent, but political
Finally, the Budget for 2022-23 has returned to its agenda for protectionism in the name of creating a self-reliant India
 "Largely transparent, but political")
The risks of minimalism
One should not rule out Ms Sitharaman doing better than what she has projected for next year's total revenue numbers
Beyond the third wave: Rural economy, banking recovery, and more
Budget at a glance: Here're the key numbers from Union Budget 2022
 "Beyond the third wave: Rural economy, banking recovery, and more")
Fiscal capacity facilitates larger investments
Unfortunately, a great opportunity to bring down the general tariff rate has been lost
 "Fiscal capacity facilitates larger investments")
Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets
The move, though limited to income tax, has sent the ball rolling for a regulatory framework of crypto assets
 "Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets")
Rightly reflects pandemic-era priorities
Infrastructure focus will create jobs but more could have been done on the health front
 "Rightly reflects pandemic-era priorities")
Not a 25-year blueprint
This is not a Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus
 "Not a 25-year blueprint")
Budget 2022: Continuing in the right direction, says Shree Cement's Bangur
It is reassuring to see government focus on growth-propelling sectors such as healthcare and infrastructure
 "Budget 2022: Continuing in the right direction, says Shree Cement's Bangur")
NRAI President Kabir Suri's take on best, worst things in Union Budget
'The best thing about the Budget, in my opinion, has to be the spending on infrastructure', said Suri
 "NRAI President Kabir Suri's take on best, worst things in Union Budget")
A pragmatic Budget amidst a challenging global environment
The proposal to defer the filing of an appeal by the tax authority where the question of law is pending before the jurisdictional Hc or Sc would help reduce the administrative workload
Union Budget provides less for food and fertiliser subsidies
The petroleum subsidy is pegged at Rs 5,813 crore, which is 11 per cent less
 "Union Budget provides less for food and fertiliser subsidies")
Budget 2022: FM focuses on boosting rural infra, digitising agriculture
Budget for agri, allied activities rose by a nominal 2.5% for FY23, compared to FY22 RE
 "Budget 2022: FM focuses on boosting rural infra, digitising agriculture")
