Page 59 - Budget 2022 News

Govt kickstarts Budget-making exercise; health outlay may get 50% boost

FY22 infrastructure allocation also likely to see significant increase

Budget 2021: Personal Data Protection Bill likely to be tabled in Parl

The draft of the bill, approved by the Cabinet in December 2019, proposes a penalty of up to Rs 15 crore and up to three-year jail term for company executives for violating privacy norms.

Union Budget 2021: Finance Ministry to start budgetary exercise from Oct 16

The Finance Ministry issued a Budget circular on Thursday evening, which contains necessary instructions and deadline for submission of details by different central ministries and departments

Markets score second weekly gain on easing lockdown; Sensex up nearly 1%

The Sensex Index advanced 0.9 per cent while and NSE Nifty 50 Index rose 1.1 per cent at the close in Mumbai.

Odisha tables revenue surplus budget with total outgo pegged at Rs 1.5 trn

Budget estimates fiscal deficit to be at 3.4%, within permissible limit of FRBM target

No timeline to remove income tax exemptions, says Nirmala Sitharaman

"We have not made up our minds as yet (on the removal of all exemptions)... We are trying step by step, move forward and no particular timeline given," she said

Budget disappointing; but fiscal, taxation measures welcome: EAC member

India's GDP growth is expected to slip to a decadal low of 5 per cent this fiscal, pressured by domestic factors like drop in consumption, as well as global issues

Objective of kick-starting growth not addressed effectively in Budget: Garg

"All these expenditures are unlikely to be imparting any fresh growth stimulus to the Indian economy," he argued

Open to tweaking Budget to address concerns of the industry, says FM

Finance ministry to come out with detailed rules on Vivad Se Vishwas Bill in a couple of days

Budget impact: Shares with DVRs underperform after DDT removal

The median loss for such securities after the Budget is 4.5 per cent, compared to a 2.1 per cent gain in the benchmark S&P BSE Sensex

Yogi govt to table Budget 2020-21 on February 18; session starts Thursday

The size of the UP Annual Budget 2020-21 is expected to breach the historic mark of Rs 5 trillion

Limit on employer's contribution to retirement plan: All questions answered

Contributions to NPS may need to be scaled down

ITC is first to hike cigarette prices post budget; makes them 10-20% dearer

Price increase brought on by spike in National Calamity Contingency Duty announced in Budget

Some Budget proposals prone to litigation, may give rise to tax disputes

Tax experts say one of the most dispute-prone proposals is making "fraudulent availing" of input tax credit (ITC), without an invoice or bill, a cognizable and non-bailable offence

Economy fundamentals strong; markets show faith in Budget 2020: Sitharaman

FM says country's macroeconomic parameters are sound

Budget proposes to shut thermal power plants of 166,000 mw, says group

National powermen body to stage protests against 'anti-people' proposals

Long on ideas

Budget falls short on farm reforms execution

Stay the course

FC's final report should mirror the interim award

Budget meets slowdown: Govt's challenge on Feb 1 is to revive demand

What the Budget does to revive demand will determine if the economy can shrug off slowdown and regain momentum.

Budget strikes right balance between growth push and fiscal discipline: CEA

So, at least for me, the way I would look at it is that before the Budget, we were actually looking at 3.3 per cent for this year and 3 per cent for next year