Page 6 - Budget 2022 News

Budget 2022 has everything needed for energy transition: R K Singh

Union Power Minister R K Singh said the Budget 2022-23 has everything that is required for energy transition

MGNREGA: Is the govt expecting unemployment levels to change soon?

Inflation adjusted, the Integrated Child Development Scheme figure is 36 per cent lower for 2021-22 than it had been the year PM Narendra Modi took over

Beyond capex, Budget was short on structural reform announcements: Fitch

'From a rating perspective, we see India as having limited fiscal space as it has the highest general government debt ratio of any 'BBB'-rated emerging market sovereign,' says the rating agency

Rightly reflects pandemic-era priorities

Infrastructure focus will create jobs but more could have been done on the health front

Cryptocurrency to be taxed like gambling win, says top FinMin official

'We have now put in a taxation framework that treats crypto assets the same way we treat winnings from horse races, or from bets and other speculative transactions,' says Finance Secretary

Cryptocurrency tax: FM says cryptos not issued by RBI, so not currencies

'A currency is a currency only when it is issued by a central bank, even if it's a crypto,' says FM Sitharaman at a post-Budget press conference

Cryptocurrency tax: Budget 2022 proposals show India warming up to cryptos

Bitcoin rose more than 2% from the day's low following the taxation announcement

India's growth-focused Budget sparks concerns on inflation, tighter rates

Plan to borrow record Rs 14.95 trn exceeds market estimates; high oil prices, prospect of Fed hikes contribute to worries

Cryptocurrency tax and Digital Rupee to spur adoption of cryptos: Industry

Clarity required on how digital collectibles like NFTs will be taxed, say experts

Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets

The move, though limited to income tax, has sent the ball rolling for a regulatory framework of crypto assets

Cryptocurrency tax doesn't give legitimacy to private digital currency: FM

We are not taxing a currency (digital rupee) that is yet to be issued

Cryptocurrency tax: Relief for crypto investors as Budget ushers in norms

The FM has announced a 30 per cent tax on any income from the transfer of virtual/digital assets

Tharoor pitches for 'Vande Bharat' train in place of Silver Line in Kerala

The Thiruvananthapuram MP tweeted that one interesting element for Kerala in the union budget 2022 was the announcement of 400 new Vande Bharat trains, which can travel at 180 kmph

FDCI chairman Sunil Sethi's take on best, worst things in Budget

India is a good investment destination already with the highest GDP growth in large economies

Customs duty exemptions on 350 items withdrawn to push 'Make in India'

Duty on capital goods and project imports was rationalised by phasing out concessional rates and applying a moderate tariff of 7.5%

Cryptocurrency tax: Budget proposal spurs talk of legality, 'grey area'

Union Budget proposes taxing income from the transfer of virtual assets at 30%; FM says central bank will issues its own digital currency.

Budget's is focused on growth, to face macro challenges, says Nomura

The Budget is focused on growth, but will face macro challenges, Japanese brokerage Nomura said in a report.

Budget lists steps to make India solar powerhouse without China's help

Country plans to more than quadruple its renewable power generation capacity to 450 gigawatts by 2030.

Budget lists steps to make India solar powerhouse without China's help

Country plans to more than quadruple its renewable power generation capacity to 450 gigawatts by 2030.

A measured and pragmatic Budget 2022-23, says USISPF prez Mukesh Aghi

The head of USISPF congratulated FM Nirmala Sitharaman on delivering a budget that allows the govt to continue supporting development while keeping an eye on fiscal deficit.