The budget estimates are 17.7% more than the last fiscal, when the BMC had presented Rs 39,038.83-cr budget
Budget impact may not be palpable, but steer clear of taxman
Securities transaction tax (STT), which is levied on purchase and sale of equity shares and their derivative contracts, has emerged as a healthy source of income for the government
The massive borrowing plan announced by the government in the FY23 Union Budget may get trimmed by Rs 63,500 crore.
The last time India's real GDP was at 8 per cent-plus was in 2015-16 (8 per cent) and 2016-17 (8.3%)
'Through Gati Shakti, land-related problems can be resolved to a great extent', said Anurag Jain
States have been asking for more flexibility in implementing the schemes while reducing their proliferation
Budget for rural India may need to be revisited
Budget detaches the programme from fiscal needs
The proposal in the Finance Bill to amend provisions of Section 179 of the Income Tax (I-T) Act from April 1, 2022, could increase risks for directors of medium and small-sized firms, said experts.
The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics
Finally, the Budget for 2022-23 has returned to its agenda for protectionism in the name of creating a self-reliant India
'We are left with some open issues which need clarifications on the VDA', said Aravind Srivatsan
Recoveries eclipsed fresh infections as daily Covid cases in Kerala decreased on Thursday with the state recording 42,677 new cases
The budget session of the Madhya Pradesh Assembly will commence on March 7, an Assembly official said on Thursday. The session will begin on March 7 with a customary address by Governor Mangubhai C Patel, the official said. The House will have 13 sittings during the budget session, which will conclude on March 25, he said. The state's budget for fiscal 2022-23 will be presented during the session, the official added.
As the world struggles to regain economic footing due to the pandemic, does the Union Budget 2022-23 in any way alleviate your lifestyle or impact your daily spending?
Govt's conservative nominal GDP growth estimate suggests it expects a low-inflation, high-growth FY23. But there are potential downsides to growth & upsides to inflation, especially wholesale
While govt has earned about 16% road and power transmission assets against an expected run rate of Rs 88,190 cr in FY22, progress in most other areas has been slow
Next three years will have to deliver 17% nominal GDP growth to take economy to $5 trn by FY25; If Budget assumption on growth is accepted, FY24 and FY25 should yield 20% growth each