Page 10 - Union Budget

Budget: Assocham requests govt to remove custom duty on copper concentrate

Industry body Assocham has urged the government to reduce the customs duty on copper concentrate from the present 2.5 per cent to zero

Budget 2022: Pharma industry seeks enhanced funds for healthcare sector

The domestic pharmaceutical industry is expecting an increase in the overall fund allocation for the healthcare sector, focus on policies that encourage R&D activities and continuation of tax concessions on various drugs in the upcoming Union Budget. The industry is also seeking simplification of various processes in order to enhance ease of doing business for the private sector companies. "An increase in the budgetary allocation from the current 1.8 per cent of the GDP to 2.5-3 per cent, as envisaged in the National Health Policy 2017 along with a separate allocation for the bio-pharmaceutical sector R&D is imperative," Organisation of Pharmaceutical Producers of India (OPPI) President S Sridhar told PTI. The industry saw significant momentum over the past year, especially in ensuring access to COVID-19 vaccines and medicines and this year's Budget will be crucial to accelerate sectoral growth and access to innovative health solutions across various diseases and not COVID ...

Budget with BS, Ep 8: Start-ups, EBRs, CAIT interview, & donning many hats

Don't let speculation govern your money decisions prior to Budget

Buying or selling securities based on rumours about expected changes in tax rates or sectoral sops can backfire

Budget 2022 picks: Top stocks and sectors to bet on

The equity markets have been on a downtrend for the better part of this week. Analysts suggest inventors accumulate quality names from the sectors which can benefit from Budget announcements

What is the annual Union Budget?

The country is keenly waiting for the Union Budget which will be tabled on February 1. But what are its major components? Why does the govt conduct this annual exercise? Find the answers here

TMS Ep91: 5G & flight safety, Mrutyunjay Mohapatra, markets, Budget

Will 5G come in the way of India's flight safety? What's triggering extreme weather events in India? What are the top stocks and sectors to bet on now? What is the Union Budget? All answers here

Sensex falls 1,800 points in 3 days. Here's what is spooking the markets?

The BSE Sensex has shed 1,844 points from Monday's close ending at 59,464 level today, way below the 60K-mark.

Union Budget 2022-23: Phasing out of some tax exemptions likely

FinMin also exploring the option of rationalising capital gains tax rates

Budget secrecy is too archaic now to be continued

Budget reform is not something the Modi government has shied away from

FM should take growth responsibility away from monetary policy: Pronab Sen

'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy', he said

Insurers seek hike in tax exemption for higher adoption of pure risk plans

Currently, under Section 80C of the Income Tax Act, an individual can claim a deduction of the life insurance premium paid from his/her taxable income

Pet projects of the Modi govt ride the slow expenditure track in FY22

Despite the front-loading of expenditure several depts have been slow this year, impacting projects like National Infrastructure Pipeline, Jal Jeevan Mission, RoDTEP among others

At current pace, MGNREGA will need minimum Rs 1 trillion budget next fiscal

Work demand has been unusually high the past two years and front-loading expenditure helped in generating adequate demand while installing confidence in the system

Budget 2022-23: BJP representatives seek revival of worst-hit sectors

They put forward their views for the development of their respective regions

Budget could push for private investments in public infrastructure

Budget could also announce favourable terms for companies accessing bond markets

MTaI seeks reduction in GST on medical devices, cold chain units

The organisation noted that the reduction of GST on medical devices and medical cold chain from 12 per cent to 5 per cent would lead to the expansion of the healthcare sector through reduced costs

Rationalise tariffs on mobile phone parts in Union Budget: ICEA

The ICEA said that in order to ensure that the maximum manufacturing can happen in India, duties on the inputs of the parts and components of mobile phones must be carefully calibrated

Budget 2022: Tax rebates in Budget for realty vital for salaried class

Currently, one-third of India's population reside in cities and it is estimated to go up to 50% by 2030

Budget wishlist: Here're the key challenges for renewable energy sector

The amount overdue from discoms to RE generators has increased from Rs 13,761 crore in March 2021 to Rs 19,341 crore in December 2021