Page 12 - Budget 2022 News

Budget 2022: Oppn slams it as 'Pegasus spin budget', 'zero-sum budget'

The Opposition on Tuesday slammed the Union Budget, calling it a "Pegasus spin budget" and a "zero-sum budget" that has nothing for the salaried class and the poor

Budget 2022: Consumer electronics players lament no reduction in GST

Consumer electronics manufacturers were left disappointed on Tuesday as there was no concession or GST rationalisation on smart TVs and other products in the Union Budget 2022-23.

Budget 2022: Taxpayers can file updated I-T returns within two years

The Finance Minister said this would give taxpayers an opportunity to correct any omissions or mistakes in correctly estimating their income for tax payment

'Budget 2022 sends important signal to markets, financial institutions'

These were the views of climate experts and negotiators who participated in several international diplomatic meets, including the just concluded UN Climate Change Conference or COP26

Budget 2022: Govt allocates Rs 1.85 trillion to Home Ministry

Reflecting the Modi government's priority to internal security, the Union Budget on Tuesday allocated Rs 1.85 trn to the Ministry of Home Affairs

Budget 2022: Social Justice and Empowerment Ministry allocated Rs 13,134 cr

The Social Justice and Empowerment Ministry, which caters to the welfare of the backward classes and those with disabilities, was allocated Rs 13,134 crore in the Union Budget 2022

Budget 2022: Wait for Indian masses to use 5G smartphones gets longer

India is yet to use the 5G technology and the wait only got longer with Finance Minister Nirmala Sitharaman announcing on Tuesday that mobile services for the masses will be available in 2023.

Budget 2022: Govt raises farm credit target to Rs 18 lakh cr for FY23

About Rs 7.36 lakh crore agri-credit has been disbursed to farmers during the first six months of the 2021-22 fiscal year against the target of Rs 16.50 lakh crore, according to the Economic Survey

People will reject this 'capitalist Budget', says P Chidambaram

The "capitalist" Union Budget 2022-23 is "obdurate" and "callous" as there is no cash assistance to the very poor, former Union Finance Minister P. Chidambaram said on Tuesday.

Budget 2022: Govt allocates Rs 86,189 crore to Jal Shakti ministry

The Jal Shakti Ministry has been allocated Rs 86,189 crore in the Union Budget 2022-23, an increase of 24 per cent from Rs 69,052 crore given in 2021-22.

Budget 2022: Very little mention of health care sector, says Naresh Trehan

Earlier on Tuesday, Finance Minister Nirmala Sitharaman while presenting the budget 2022-2023 announced the rollout of an open platform for the national health ecosystem

Top headlines: India Inc to benefit from capex push; Modi hails Budget 2022

Business Standard brings you the top headlines on Tuesday

Budget 2022 specifies customs duty change on several items

This would mean that imports become more expensive or cheaper usually depending on the change in customs duties

IndiGo terms Budget 2022 as growth-oriented, expects duty cut on jet fuel

Budget carrier IndiGo termed the Union Budget 2022-23 as "growth-oriented" while expecting a cut in the excise duty on jet fuel.

Budget is visionary, will boost Make in India & Atmanirbhar Bharat plans

Union Budget 2022 seems to be a visionary and simplified budget showcasing the long term focus of the government to take India @75 to India@100

Budget 2022: Rs 2,600 cr for office buildings in Central Vista project

Six infrastructure firms, including Tata Projects Limited, L&T Limited and Shapoorji Pallonji and Company Limited, are in the race to win the contract to construct the Executive Enclave

Budget 2022: 'Push to infra to have multiplier effect on core sectors'

This is likely to have a multiplier effect on the core sector industries like steel and cement, and in turn give a to boost the domestic refractory industry, IRMA said in a statement

A growth oriented Budget, forms basis for a structural rally in markets

It has been an extremely pragmatic Union Budget 2022-23 trying to create the right ecosystem for putting the Indian economy on a high growth

A slightly higher deficit number will not be taken negatively by market

Reduction in surcharge (capped at 15 per cent) on long term capital gains - is positive from financial markets

Budget 2022: WCD ministry allocated Rs 25,172 crore, rise of just 3%

The budget allocated to the Women and Child Development Ministry stood at Rs 25,172.28 crore in 2022-23, a slight increase of 3 per cent from Rs 24,435 crore that was given in 2021-22.