Page 8 - Budget 2022 News

Union Budget 2022-23: Poll-neutral but political subtext

Tax breaks for state govt employees and cooperatives are a move to woo these influential groups

Rs 60,000 cr allocated to provide tap water connections to households: FM

Presenting the Union Budget 2022-23, she also informed that the government has decided to extend the period of incorporation by one year up to March 31, 2023, for startups to avail tax incentives

Union Budget 2022: Umbrellas to be costlier, diamonds cheaper

Keeping with the government's Atmanirbhar Bharat plank, FM Sitharaman increased Customs duties on a host of items, such as umbrellas, parts of wearable devices, and electronic smart meters

Ready Reckoner: FM Sitharaman's fourth Budget places emphasis on growth

Indirect taxes shall rise 5.5 per cent, on the back of a 15.6 per cent increase in spending in FY23

Budget 2022: Expect new SEZ legislation in 4-6 months, says Piyush Goyal

Gati Shakti is an enabler and not an added impediment for infrastructure projects in the country, Union Commerce and Industry Minister Piyush Goyal said

The future is not tense: It was a unique Budget in many ways

The Union Budget 2022 was another decisive step towards reforms and inclusive development

Union Budget 2022: Public investment to crowd-in the private

Sitharaman said capital investment holds the key to speedy and sustained economic revival

Direct Taxes: Budget doesn't touch slabs, offers relief to co-ops, startups

FM reduces MAT for cooperative societies to 15% from 18.5%, bring them on par with companies; relief for state govt staff, differently-abled persons

Union Budget 2022: The capex push, says India Ratings' Devendra Kumar Pant

The philosophy appears to be addressing the unemployment issue through increased capex, which will have a multiplier impact on the economy

Budget 2022: The growth-inflation gambit, says CRISIL MD & CEO Amish Mehta

The Indian economy is staging a gradual recovery, but the environment - both local and global - remains challenging given the upside risks to inflation

Union Budget 2022: Non-tax revenues to see a 14% decline in FY23

The Reason: Fall in contribution from telcos and lower dividend from RBI

Union Budget 2022: Refile ITR within two years to fix errors

The Income-Tax (I-T) Department will introduce a new updated return, which is expected to help those taxpayers who have committed mistakes in filing their returns

A huge bet on growth

Investors sense potential for sustained corporate profits

Budget 2022: PM Modi hails 'people-friendly and progressive' budget

The prime minister said the Budget is "full of opportunities for more Infrastructure, more Investment, more growth, and more jobs".

Budget 2022: Divestment target for FY23 set at a modest Rs 65,000 crore

FY22 divestment mop up revised to Rs 78,000 crore from Rs 1.75 trillion pegged earlier

A Budget that lays the foundation for the next 25 years

A major enabler of the recovery has been increased capital expenditure by the government, which is imparting confidence to the private investors as well

The risks of minimalism

One should not rule out Ms Sitharaman doing better than what she has projected for next year's total revenue numbers

Budget 2022: FM stays on fiscal correction path, banks on capex push

Tax revenues have been a bright spot for the Centre in FY22

Sunil Bharti Mittal to Rashesh Shah, BS Jury lauds growth-oriented Budget

In terms of sector focus, the Budget has primarily focused on agri and MSME

Fiscal capacity facilitates larger investments

Unfortunately, a great opportunity to bring down the general tariff rate has been lost