Page 11 - Budget 2022 News

RS to debate motion of thanks to Prez address for 12 hrs, Budget for 11 hrs

Rajya Sabha will debate on the motion of thanks on the president's address for 12 hours and the prime minister is likely to reply on February 8

Budget has laid road map for long term development: Ashok Leyland

The Union Budget presented by Nirmala Sitharaman has laid the road map for long-term development over the next 25 years, a top official of city-based Hinduja Group flagship Ashok Leyland said

Budget 2022: Here's what will get costlier and what will be cheaper

Imported cut and polished diamonds, frozen mussels, frozen squids, asafoetida, cocoa beans, methyl alcohol and acetic acid will become cheaper as a result of rationalisation in customs duties

Budget 2022: Centre lowers FY23 divestment target to Rs 65K crore

The Centre had planned major divestments and strategic sale of Air India, BPCL, public sector banks, an insurance company amongst others

Union Budget 2022-23: BJP, JJP hail it; Congress and INLD slam it

Chief Minister M L Khattar hailed the budget, terming it as "pro-farmers"

MSME sector group hails budget; another trade body dismayed over tax sops

A leading organisation representing MSMEs praised the Union Budget for 2022-23, saying its proposals are based on "long-term thinking"

Budget 2022: Ministry of Science and Technology allocated Rs 14,217 crore

The Ministry of Science and Technology has been allocated Rs 14,217 crore in the Union Budget 2022-23, a 3.9 per cent decrease from last fiscal.

Rs 1,711 cr earmarked for union cabinet, ministers salaries, travel, others

The Union Budget allocated Rs 1,711.04 crore for a host of expenditure of the Union Cabinet that includes salaries, sumptuary and travel by central ministers among others.

Budget 2022: Govt pegs STT collection at Rs 20,000 cr for FY23

The sharp increase in budget estimate for the next fiscal could be on account of government's confidence in the securities market

Budget 2022: Growth-oriented and transformative, says CII Director General

'We are confident that the growth projection made by the Economic Survey at 8-8.5 per cent in 2022-23 will be met,' the CII DG Chandrajit Banerjee averred

Unprecedented provisions made for farm sector development in Budget: Tomar

Welcoming the Budget 2022, Agriculture Minister Narendra Singh Tomar on Tuesday said unprecedented provisions have been made for the overall development of the farm sector.

Centre allocates Rs 19,130 crore in Union Budget for Metro projects

The Centre has allocated Rs 19,130 crore in the Union Budget 2022-23 for various metro projects in the country.

Budget 2022 'extremely negative' for Delhi, betrays farmers: Sisodia

The central government not only reduced allocation for minimum support price (MSP) but also cut down the number of beneficiaries in the Budget, he said

Budget 2022: MF industry seen benefiting with digital assets under tax net

Move will help more millennials come into MF fold; asset management companies also welcome surcharge rationalisation

Industry hails infrastructure push through Gati Shakti, PPP in Budget

Industry players said the proposal in Union Budget to fund infrastructure through 'Gati Shakti' and public private partnerships will mark the escalation of economic prosperity.

Industry, agri startups welcome Budget's focus on strengthening farm sector

The industry welcomed the Budget's focus on the agriculture sector, including developing infrastructure and expanding the role of technology.

Budget 2022: Mixed bag of economy boosters and clarificatory measures

The FM has announced that digital rupee - using blockchain technology - will be introduced by RBI in 2022-23

Budget 2022: Didn't raise taxes, capex to provide more employment, says FM

FM pointed out that the 'Production Linked Incentive' scheme for 14 sectors will also be a trigger for job creation

Budget 2022: 'Focus on multi-modal connectivity to boost logistics sector'

Finance Minister Nirmala Sitharaman in her Budget speech on Tuesday said the PM Gati Shakti National Master Plan is a transformative approach for economic growth and sustainable development

Budget 2022: Equity investors become richer by about Rs 3 trillion

Equity investors became richer by more than Rs 2.99 lakh crore on Tuesday as the Union Budget was well received by the stock market.