Page 3 - Budget 2022 News

Costlier oil and subsidy fall likely to hit consumption in FY23

A cut in subsidy in FY23 comes on the back of an equally sharp cut in FY22

Cause for concern: Biggest bond yield spike in Budget week since 2017

Since the finance minister's speech, yield on 10-yr paper has jumped 20 bps

Budget 2022: With easy credit, companies to ramp up data centres this year

Infra status for data centres and energy storage systems will give companies access to long-term financing and lower interest costs

Confusion in the crypto universe: Budget leaves many unanswered questions

Budget announcements on taxing digital assets and creating a digital rupee involve complex issues that need to be addressed first

A bigger, not better, defence budget

Even as the total allocation has increased, it has fallen as a percentage of GDP

Budget credit positive for India Inc, fiscal challenges remain: Moody's

The path toward the government's medium-term deficit target of 4.5% of GDP by FY25 remains undefined.

Budget 2022-23 thoughtful policy agenda for India: IMF chief Georgieva

We have been projecting a quite robust growth for India: Georgieva

India's entry into global bond indices likely put off till FY24

India's entry into global bond indices will happen later, possibly in FY24, because the conditions are not right now, said a government official

Union Budget 2022: How the India's social sector gets short shrift

Government allocations on health and education do not meet its targets and consistently fall short in terms of actual spending

Want to push new exemption-less tax regimes further: Revenue Secretary

'This year we should have got Rs 60,000-80,000 crore as capital gains tax', said Tarun Bajaj

Time to focus on project execution

'The status of mega projects under the control of state governments is not available', says the author

Union Budget: NHAI to keep off bond market in 2022-23

Recognising the huge debt burden of NHAI at Rs 3.38 trillion, the finance ministry has given it nil space to borrow any more in the FY23 Budget

BMC's Rs 46k-cr budget: No property tax for flats measuring up to 500 q ft

The budget estimates are 17.7% more than the last fiscal, when the BMC had presented Rs 39,038.83-cr budget

Budget 2022: For property buyers, right TDS must to avoid interest, penalty

Budget impact may not be palpable, but steer clear of taxman

Budget 2022: Centre boosts STT target as mop-up beats expectation

Securities transaction tax (STT), which is levied on purchase and sale of equity shares and their derivative contracts, has emerged as a healthy source of income for the government

Budget 2022-23: Gross borrowing likely to fall Rs 63.5K crore in FY23

The massive borrowing plan announced by the government in the FY23 Union Budget may get trimmed by Rs 63,500 crore.

Finance Ministry's real FY23 GDP forecast lower than in Economic Survey

The last time India's real GDP was at 8 per cent-plus was in 2015-16 (8 per cent) and 2016-17 (8.3%)

Next steps on privatisation

Budget detaches the programme from fiscal needs

Budget 2022-23: Directors may face tax recovery heat, say experts

The proposal in the Finance Bill to amend provisions of Section 179 of the Income Tax (I-T) Act from April 1, 2022, could increase risks for directors of medium and small-sized firms, said experts.

Budget 2022: Emphasis on asset creation over direct income enhancements

The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics