If the sector goes sick due to lack of support, it will affect everyone as they provide material to almost all other sectors
As India prepares for its maiden human spaceflight, Finance Minister Nirmala Sitharaman allocated Rs 13,700 crore to the Department of Space in the Union Budget.
This is not a Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus
With 59 days to go for fiscal year-end, its traffic guys are poised to create an incredible annual incremental loading record of more than 190 MT
Market participants say move would ensure fast disposal of cases and will attract investors and enhance ease of doing business
Apart from the devolution for this fiscal year, states received an additional Rs 24,227 crore in the Revised Estimates of 2021-22 (FY22) on account of "prior period adjustment of tax devolution"
It is reassuring to see government focus on growth-propelling sectors such as healthcare and infrastructure
'The best thing about the Budget, in my opinion, has to be the spending on infrastructure', said Suri
Devolution to grow 13% to Rs 8.1 trn in FY23. Power reforms to allow borrowing up to 4% of GSDP in addition to Rs 1 trn capex loans. But funding for centrally-sponsored schemes stagnates
The proposal to defer the filing of an appeal by the tax authority where the question of law is pending before the jurisdictional Hc or Sc would help reduce the administrative workload
Companies to bag for roads, railways and defense projects
Budget falls short of making significant budgetary allocation to key sectors of energy efficiency, sustainability and clean tech
Finance Minister Nirmala Sitharaman presented the Union Budget 2022-23 on Tuesday
It is assuring to see that the annual Budget has majorly focused on women, youth, and rural development
The Budget maintained a fine balance between boosting job creation, supporting start-ups, sunrise and core industries, MSMEs and rural development
Food, fertiliser, petroleum subsidies were lower in FY23, compared with FY22
The Finance Minister hit the right chord by presenting a Budget that focuses on growth for tomorrow's India
Investments in NHAI were more than doubled to Rs 1.34 trillion, against Rs 65,060 crore in the revised estimate for FY22
Sitharaman has given infrastructure status to data centre and energy storage system, a move that will facilitate credit availability for digital infrastructure
Allocation to BSNL tripled to Rs 44,720 cr for 4G spectrum, tech upgrade and recast; Rs 6,850 cr kept for GST and VRS; in fact, BSNL gets over half of DoT's Rs 84,586 crore outlay