Page 29 - Budget 2022 News

Budget 2022: Govt could consider levying TDS/TCS on crypto trading

The government could consider in the upcoming Budget levying TDS/TCS on sale and purchase of cryptocurrencies above a certain threshold

Life insurers seek separate bucket for premium, tax-free annuity in Budget

The life insurance industry has recommended the government to create a separate bucket for tax rebate under section 80 (C) and make annuity tax-free for the benefit of subscribers

Budget session of Parliament from Jan 31-April 8, to be held in two parts

The Economic Survey is likely to be tabled on January 31 after the president's address

India Inc says 'Aatmanirbhar Bharat' schemes help revive economy: Deloitte

However, only 18% respondents in Deloitte survey are MSMEs; most Aatmanirbhar Bharat measures target smaller businesses and tourism and other sectors worst hit by the pandemic

Budget to offer more fiscal support to economy amid Covid surge: Report

Budget 2022 will be presented on February 1

Budget session of Parliament to begin on Jan 31, to be held in two parts

Part one of Parliament's Budget Session from Jan 31 to Feb 11; part two from March 14 to April 8; government will present the Budget for the financial year 2022-23 on Feb 1

Budget 2022-23: FY23 capital expenditure target may top Rs 6.5 trillion

During pre-Budget consultations, industry bodies and economists have advised the finance minister to keep the spending tap open

Longest drought for overseas equity offerings since liberalisation

No overseas equity capital market issues have been seen in the last three years

Propping up the property market

A credit guarantee can give housing a boost

Competitive populism

Promises of freebies are not sustainable

Budget FY23: Realty seeks incentives on home loans, rental income

With the Union Budget for FY23 round the corner, real estate developers have started making their suggestions and recommendations to the Centre for including them in the Budget document

Budget unlikely to allocate any fund for bank recapitalisation: Report

The banks will raise capital through internal accruals and fundraising from the market, Icra said in a note, adding that the lenders have the ability to manage

Budget wish list: Citizens seek jobs, support for small biz and lower tax

The government had invited public comments for the upcoming Budget on December 26, with the last date of submission being January 7

Ficci suggests support measures for housing sector in Budget

Housing and construction sectors have forward and backward linkages and impact nearly 200 sectors, it said

FM Sitharaman's fourth Budget to focus on growth, jobs amid Covid surge

The government has projected a fiscal deficit of 6.8 per cent for the current financial year

How real is the GST boost?

The share of GST collections in GDP has stagnated, even as IGST revenues from imports have gone up sharply

FY23 Budget wishlist: ACMA seeks uniform 18% GST for all auto components

Auto components industry body ACMA on Tuesday said it has urged the government for a uniform GST rate of 18 per cent on all auto parts to curb the impact of counterfeits in the aftermarket operations.

The difficulty in spending

Tax receipts are surging and markets are primed for higher state government deficits, but states are struggling to spend

Govt set to allow 20% foreign direct investment in LIC ahead of listing

DFS, Dipam and DPIIT have finalised the change in FDI policy

Infra expectations from Budget

The Union Budget could send a strong signal that surety bonds will be made fully operational in 2022-23