Page 51 - Budget 2022 News

Any new tax in budget could hurt India's recovery, warn economists

A so-called Covid cess shouldn't be announced because the economy is still normalising after a strict and vast lockdown, Sonal Varma, an economist at Nomura Holdings, said on Thursday

High stakes as India vows to present a Budget like 'never before'

Total spending plan for next fiscal may surpass last year's Rs 30.4 trn, with focus likely on expanding a jobs guarantee program to cities and increasing allocation on education, housing, and health

Budget 2021 to be a tougher balancing act than India's other annual Budgets

A combination of stepped-up social spending - including on long-neglected healthcare - and a state-led infrastructure push will make the recovery both durable and inclusive

Budget session of Parliament set to get off to a rocky start on Friday

18 Opposition parties to boycott President's address in solidarity with farmers

'Dream Budget' to 'Millennium Budget': Here're India-specific snippets

Budget 1997-98 reduced corporate tax rates; and encouraged higher investment from FIIs

Gita Gopinath cautions against tightening of policy support amid pandemic

Gopinath said there is scope for the Indian government to provide more direct support to people

Budget Byte: Post-pandemic Budget has less room for targeted spending

Efficacy of fiscal deficit is limited by revenue deficit - the lower the latter, the bigger the space for capex

Realtors seek tax sops, industry & infra status for sector in Budget

Real estate developers expect the government to provide industry as well as infrastructure status for the sector

Budget should eye growth; fiscal deficit may fall to 6.2% in FY22: Report

The forthcoming Union Budget should focus more on putting the economy back on track, according to a report

Good economics is good politics, this Budget will be game changer: BJP

BJP said the Budget will usher in a new era of economic growth in the country

Budget 2021: Sanitaryware industry seeks tax rationalisation to push demand

The GST for sanitaryware is at 18 per cent, and a reduction of the rate will help increase demand, he added

Budget with a long-term view

Govt can approach the Budget 2021 with an aim to rebuild the economy to attain the long-term objective of sustained higher growth

Cabinet clears policy on PSU privatisation ahead of Union Budget

The contours of the policy and the strategy to privatise PSUs will be announced by Finance Minister Nirmala Sitharaman in the Budget

Tax worries roil indices ahead of Budget; Sensex down 5% from peak

YTD returns turn negative

Five things the market will be watching in FM Sitharaman's third Budget

It has reacted negatively to her previous two budgets. This time too, it has come off over 5 per cent from the highs

IPOs off to best start in 12 yrs as Budget uncertainty spurs rush of offers

Four deals worth Rs 7,376 crore launched, most since Jan 2008; bullish sentiment in secondary market fuels new offers

Budget Byte: NBFCs may need liquidity support from PSBs for commercial flow

This year, while housing finance has improved, preliminary data shows that NBFC flow to the commercial sector is lagging

Oil and gas companies seek pandemic relief in the upcoming Budget

The Centre had considered tax sops for exploration and production operators in May 2020

Scope for tax concession limited in Budget, higher capex may be focus: EY

Srivastava said the fiscal deficit in the current fiscal is likely to be between 6.5-7 per cent

Meet Team Sitharaman: Officials who are helping FM prepare Budget 2021

In today's episode, we are taking a look at the key officials involved in finalising the outline of the Budget. Listen to the podcast for more