Page 12 - Budget 2022

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

Defence allocation sees moderate rise, IAF gets largest capital boost

In the Budget FY23, the government has allocated Rs 5.25 trillion.

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

Ad film director Prahlad Kakkar's take on best, worst things in Budget

If the sector goes sick due to lack of support, it will affect everyone as they provide material to almost all other sectors

Union Budget 2022: Through layperson's prism

The government seems to be determined to change the shape of recovery from K; it wants all to join the party in the world's fastest-growing economy.

FM Sitharaman gives Rs 13,700 crore for Department of Space

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.

Union Budget 2022 is a very positive and growth-oriented

The fiscal deficit for FY23 has been projected at 6.4 per cent of GDP - a consolidation - but in absolute terms, the deficit is higher than FY22.

Not a 25-year blueprint

This is not a Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus

Budget: PM's Gati Shakti gives major boost to Railways, says R Sivadasan

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

Budget 2022: Settlement for FY19 GST accounts gives states Rs 4,000 crore

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"

Budget 2022: Continuing in the right direction, says Shree Cement's Bangur

It is reassuring to see government focus on growth-propelling sectors such as healthcare and infrastructure

NRAI President Kabir Suri's take on best, worst things in Union Budget

'The best thing about the Budget, in my opinion, has to be the spending on infrastructure', said Suri

A pragmatic Budget amidst a challenging global environment

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