Page 26 - Budget 2022 News

Budget wishlist: Here are the key challenges in infrastructure sector

Implementation of reforms related to corporatisation of ports needs acceleration

T V Somanathan to Debashish Panda: Meet FM's A-team behind Budget 2022

2021-22 will be another year when the Centre's divestment plans could fall short of the budgeted target

Budget 2022-23: CII seeks additional 1% CSR for Covid-19 boosters

The industry lobby group also said the Budget expected to focus on ways to strengthen economic recovery

India Inc urges Budget sops to boost capex, wants focus on consumer demand

Bank lending for new projects fell to record low in FY21 as per RBI data

Budget must strike a balance between growth and equity

The uneven growth across various sectors and unequal distribution of benefits of economic growth cannot be ignored

Bulking up IFSC: A wide-ranging expansion of its remit expected in Budget

FY23 will be aimed at making IFSC the centre to use rupee as a freely convertible currency

Single volume Economic Survey likely, may project growth rate of around 9%

The finance ministry is expected to come out with a single volume Economic Survey for 2021-22 projecting a growth of around 9 per cent for the next financial year.

Budget: Assocham requests govt to remove custom duty on copper concentrate

Industry body Assocham has urged the government to reduce the customs duty on copper concentrate from the present 2.5 per cent to zero

Budget 2022: Pharma industry seeks enhanced funds for healthcare sector

The domestic pharmaceutical industry is expecting an increase in the overall fund allocation for the healthcare sector, focus on policies that encourage R&D activities among others

Budget 2022: Indian startups seek friendly policies, tax incentives

Union Budget 2022-23 should introduce additional startup-friendly policies and tax relaxations to enable spending on innovation, ease-of-doing business, a slew of homegrown startups said

Increase regulatory focus on cryptocurrency: Pre-Budget expectations survey

A pre-Budget expectations survey on Saturday showed a growing demand for increasing regulatory focus on the cryptocurrency sector.

Make travel expenses deductible under ITR in Budget: Hospitality industry

Notably, the sector has been heavily battered due to the Covid-19 pandemic and the subsequent restrictions imposed to check the infections' spread

Budget 2022: Cooperatives seek level playing field with commercial banks

Parity with commercial banks sought in tax treatment, and for deposits, loan products

Budget wishlist: Here are the key challenges in manufacturing sector

Measures need to be taken for MSMEs like enhancing the credit limit and access to finance

Tax benefits to increase disposable income likely in Union Budget

The government may consider incremental tax benefits to increase net disposable income of the citizens in order to boost demand when it tables the Union Budget FY23 in the Parliament on February 1.

Most people feel I-T exemption limit could be raised from Rs 2.5 lakh: KPMG

As many as 64% of the respondents said they expect the basic I-T exemption limit to be raised from Rs 2.5 lakh a year, according to a pre-budget survey by KPMG in India

Telangana urges FM to allocate funds in Union Budget for various projects

The Telangana government has urged Nirmala Sitharaman to allocate funds in the union budget 2022-23 for various works taken up in the state.

What is the annual Union Budget?

The country is keenly waiting for the Union Budget which will be tabled on February 1. But what are its major components? Why does the govt conduct this annual exercise? Find the answers here

Hike in import duties on components of mobile devices may nix PLI benefits

High component cost may push up mobile prices by 18%

Finance ministry doubles January tax devolution to state governments

Front-loading of fund transfer to help states manage Covid, undertake capex