Page 11 - Union Budget

Budget 2022-23: Govt likely to target 13-14% nominal growth in FY23

A faster growth projection may cause inflation concerns, say officials

Budget FY23: Realty seeks incentives on home loans, rental income

With the Union Budget for FY23 round the corner, real estate developers have started making their suggestions and recommendations to the Centre for including them in the Budget document

Budget with BS, Ep 4: Direct tax, agri reforms, poetry and Ashok Gulati Q&A

Annual Economic Survey explained

Before the Union Budget, the govt releases the Economic Survey. It is an annual document that offers a peek into India's economic development over the previous fiscal year. This report explains more

Direct overseas listing of Indian startups not expected in Budget FY23

The industry department is examining the matter to understand exactly what the startups want, DPIIT secretary Anurag Jain says

EC would not like to interfere in Union Budget presentation: CEC Chandra

The Election Commission (EC) on Saturday announced the schedule for assembly elections to Uttar Pradesh, Uttarakhand, Punjab, Manipur and Goa.

What is the Consolidated Fund of India?

Apart from the equity market, effects of pandemic will also reflect on the upcoming Union Budget. In this episode, we explain the Consolidated Fund of India, a key component of the Union budget

The denominator effect of a higher-than-expected nominal GDP

Healthy revenues, failing disinvestment, and rise in nominal GDP may take fiscal deficit from the Budgeted 6.8% of GDP to anywhere between 6.9% and 7.3%

How the Centre plans to use tax data to settle social justice issues

The govt committee on EWS might have set the template for future; EWS limits and income tax exemption limits are now twinned, if the Supreme Court accepts the panel's report

Shortfalls, again

Union Budget must stop relying on disinvestment proceeds

Tax department move to tax goodwill could expand in the next Budget

While the new tax is not retrospective in nature, it will impact foreign companies buying into Indian companies going ahead

Budget 2022-23: Finance ministry turns tight-fisted for next fiscal year

Government managers are not sure if subsidies can be kept in check in FY23 either

Centre not likely to go for any off-Budget borrowing this year

This is a move that has been hailed by economists and policy-watchers as it makes budgeting a more transparent process

Budget 2022-23: Avoid sharp fiscal correction, economists tell FM

According to the source, almost all economists recommended the government not to be too aggressive with their fiscal stance

Sitharaman to hold pre-Budget consultations with prominent economists today

Union Finance Minister Nirmala Sitharaman will hold pre-budget consultations with prominent economists on Wednesday in connection with the forthcoming general budget 2022-23."Union Finance Minister @nsitharaman will chair Pre-Budget consultations with prominent economists tomorrow afternoon, 22nd December 2021, in New Delhi in connection with the forthcoming General Budget 2022-23. The meetings are being held virtually," Finance Ministry said in a tweet.The General Budget is presented by the Finance Minister every year in Parliament on February 1.

Didn't underestimate spending provisions in Budget: FM Sitharaman

Lok Sabha gives assent to additional net spending of Rs 2.99 trn

Brokers want time limit be imposed on Sebi to issue show-cause notices

At present, the Securities and Exchange Board of India Act, 1992 does not prescribe any period of limitation for issuance of a show-cause notice (SCN) or for completion of the adjudication proceeding

Budget 2022-23: Centre may not target sharp fiscal correction

Budget-makers are confident that the net tax collection's Budget target (direct plus indirect) of Rs 15.45 trillion will be exceeded

Budget: PM Modi meets global investors to seek suggestions on investments

Prime Minister Narendra Modi on Friday met with leading private equity/venture capital players to seek suggestions on making India a more attractive investment destination

Budget 2022-23: No major surprise expected in income-tax slabs

Discussion on tax announcements is ongoing in the finance ministry