Page 45 - Budget 2022 News

India's first paperless Budget is also 100% visionless, says TMC

The TMC lashed out at the Centre over the Union Budget on Monday, saying it was 100 per cent 'visionless' and its theme was 'sell India.'

Budget 2021 is fiscally stimulating, but more on expenditure side

Budget has delivered a fairly effective boost on capex while bringing about some reforms in the financial sector

Govt cuts revenue estimates from telecom; pegs receipts at Rs 53,986 cr

The government has lowered revenue estimates from the telecom sector while pegging expected receipts at Rs 53,986 crore in the next financial year

Gold, Silver to get cheaper as FM announces customs duty cut in Budget

Gold futures fell more than 3% following the surprise announcement in the annual budget by Sitharaman

Budget 2021: FM proposes tax exemption for aircraft leasing companies

The government on Monday proposed tax exemption for aircraft leasing companies

Congress says Budget fails to address the issues, terms it 'anti-farmer'

The Congress on Monday criticised the Centre for failing to address the farm issues and termed the Union Budget as 'Kisan Vidrohi'.

Sitharaman gives further push to affordable housing projects in Budget 2021

Sitharaman proposed to extend the Rs 1.5 lakh benefit on interest paid on affordable housing loans by one year to March 31, 2022. Last year this was extended by a year to March 2021 from March 2020

Farmer leader Rakesh Tikait demands separate budget for agriculture sector

On Budget day, farmer leader Rakesh Tikait said that the government should provide a separate budget for farmers to address various issues of the farming community

Budget for 'Aatmanirbhar Bharat', will strengthen economy: Rajnath Singh

Senior BJP leader and Defence Minister Rajnath Singh on Monday hailed the Union Budget as one for 'Aatmanirbhar Bharat', and asserted that this will strengthen the economy

Budget 2021 to spend Rs 2.23 trn on healthcare, raising outlay by 137%

New central scheme called Atmanirbhar Swasth Bharat Yojana gets Rs 64,180 crore in Sitharaman's budget

Budget 2021: Govt raises import duty on parts of mobile phones, chargers

The government on Monday proposed to impose import duty on components of mobile phones and chargers, to enhance local value addition

Budget 2021: Govt to borrow about Rs 12 trillion in FY22, says FM

Finance Minister Nirmala Sitharaman on Monday said the government will borrow about Rs 12 trillion in 2021-22

Budget 2021: Govt pegs FY21 fiscal deficit at 9.5% of GDP, says FM

Finance Minister Nirmala Sitharaman said on Monday the fiscal deficit for FY21 has been pegged at 9.5 per cent of the GDP and will come down to 6.8 per cent in FY22

Fiscal deficit for FY22 pegged at 6.8% of GDP, announces FM Sitharaman

Finance Minister Nirmala Sitharaman on Monday said the government estimates fiscal deficit of 6.8 per cent of the gross domestic product (GDP) in the next financial year beginning April 1

Budget 2021: FM proposes Rs 1,500 cr scheme to promote digital payments

The government on Monday proposed Rs 1,500 crore-scheme to promote digital payments in the country

MSP regime has assured 1.5 times more price to farmers: Nirmala Sitharaman

Sitharaman on Monday said that the Minimum Support Price regime has undergone a change to assure price to farmers that is at least 1.5 times the cost of production across all commodities

Budget 2021: Govt sets divestment target of Rs 1.75 trillion For FY22

The government on Monday budgeted Rs 1.75 trillion from stake sale in public sector companies and financial institutions, including 2 PSU banks and one insurance company, in the next fiscal year

Covid-related measures led to higher FY21 expenditure of Rs 34.50 trn: FM

Sitharaman also provided Rs 35,000 crore towards Covid-19 vaccination in 2021-22 fiscal

Budget: 8,500 km of highway projects to be awarded in FY22, says Sitharaman

Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman said projects for building 8,500 km of highways will be awarded by March 2022

Govt to borrow Rs 12 trn from markets in FY22, extra Rs 80,000 cr this year

Pegs fiscal deficit at 9.5% of GDP this fiscal, 6.8% the next; 10-year bond yields jump past 6% to trade at 6.09% at 12:30pm