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Union Budget 2022 - Rediff.com Business

Thu, Feb 24, 2022
Budget Won't Ensure Economic Recovery

By any economic theory or doctrine, this is no Budget that supports economic...

Mon, Feb 21, 2022
'Introduce another slab to tax the super-rich'

'We can go somewhere between 35 per cent and 40 per cent.'

Fri, Feb 18, 2022
Households Happier With Budget Than Markets

Evidently, households see a brighter future after the Budget, reveals Mahesh...

Wed, Feb 16, 2022
3 Things To Note About The Budget

Budget for 2022-2023 has returned to its agenda for protectionism in the name...

Fri, Feb 11, 2022
What 'Hike' In Defence Budget Doesn't Reveal

Even as Chinese troops continue squatting on territory that we claim as our...

Thu, Feb 10, 2022
Kumar Birla: Budget invests boldly in India's future

As the FM said, this is a Budget that lays the foundation for the next 25...

Business can't alone build a country, Nirmalaji

Had Finance Minister Sitharaman thought a little more about the middle class,...

Wed, Feb 9, 2022
An Election Budget, Not For 2022, But For 2024

This is not an election Budget in the sense that I might target the voter in...

Budget capex not as high as it sounds: Crisil

Amid FY23 Union Budget's focus on investments, leading domestic credit rating...

Tue, Feb 8, 2022
'Budget has a gameplan premised on credible numbers'

'Increased allocations for MNREGA could have provided the much needed push to...

Fri, Feb 4, 2022
What Moody's think of Budget numbers

Moody's Investors Service on Friday said India's conservative budget...

'It's a 6/10 Budget'

'The most important expenditure in the Budget that indicates employment...

Thu, Feb 3, 2022
Budget: 'That there are no surprises is big positive'

'The fiscal pressure will be there, but the intent of the government behind...

BJP asks MPs, leaders to take Budget to the people

The Bharatiya Janata Party's office-bearers, members of Parliament and other...

Uttam's Take: Amrit Kaal Budget

Uttam Ghosh offers yet another take on the Budget.

Ensure productive budget session: RS chairman

The country's 5,000 MPs, MLAs and MLCs should resolve in this historic year...

Wed, Feb 2, 2022
Budget short on structural reform announcements: Fitch

India's budget for the fiscal beginning April focuses on giving a boost to...

LIC mega IPO likely in March, prospectus next week

The government is likely to file draft papers for the mega initial public...

Crypto tax will not bestow legality on trade: I-T boss

The Budget announcement of taxing 'virtual digital assets' or crypto...

Market rally continues; Sensex surges 696 points

IndusInd Bank was the top gainer in the Sensex pack, spurting over 5 per...

Election-Neutral Budget In High-Stakes Poll Season

While no specific state-oriented sops were rolled out, a strong thread of...

Budget targets are achievable: Sitharaman

At the customary post-Budget media interactions, Finance Minister Nirmala...

Budget: Foreign dividends now under tax ambit

Concessional rate of tax on dividends received by Indian companies from...

Budget's focus is poor, middle class, Modi tells BJP

The focus of the Union Budget is on providing basic amenities to the poor,...

What India Inc says about Budget 2022

Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore...

US trade body hails Budget, says it's fiscally prudent

In the midst of third wave of COVID-19, Finance Minister Nirmala Sitharaman...

3 Reasons Why Markets Cheered Budget

'Market feels this Budget will promote all-round growth and that is what is...

Budget: Infra boost for villages along China border

The move comes in the backdrop of the lingering border standoff in eastern...

Tue, Feb 1, 2022
Budget Live! Sitharaman introduces Finance Bill 2022

Defence budget raised to Rs 5.25 lakh crore

In the Union Budget presented in Parliament by Finance Minister Nirmala...

Rs 1.40 lakh crore budgetary support for Railways

The Railway ministry has been allocated budgetary support of Rs 140367.13...

Govt subsidies to fall 39% to Rs 4.33 lakh cr in FY22

The government's subsidies on food, fertilisers and petroleum are estimated...

Chidambaram condemns Budget as 'most capitalist'

Congress leader and ex-finance minister P Chidambaram on Tuesday said the...

Sitharaman announces 30% tax on crypto gains, 1% TDS

Union Finance Minister Nirmala Sitharaman on Tuesday announced that income...

Govt has ambitious plans for the GIFT City

The government on Tuesday said it will allow setting up of world-class...

Headphones, umbrella: What's cheaper, costlier

While duty on products such as methyl alcohol (methanol) and acetic acid has...

New co-operation ministry gets Rs 900 cr allocation

The government on Tuesday announced Rs 900-crore allocation in the Budget for...

Ms Sitharaman, You FAILED Us!

This was the one Budget that required radical departures on all these fronts,...

1% TDS to be levied on sale of immovable property

One per cent TDS will apply on non-agriculture immovable property of over Rs...

Budget: Delhi police allocated Rs 10,355 cr

The Delhi police has been allocated Rs 10,355.29 crore in the Union Budget...

Startups get a boost in Budget 2022

The government on Tuesday proposed to extend the period of incorporation of...

Health sector allocation sees 16% hike, to Rs 86,200cr

Out of Rs 86200.65 crore, Rs 83,000 crore have been allocated to the...

After 3 years, tax collections surpass Budget estimate

After a gap of three years, direct tax collections -- which include corporate...

Budget: Govt lowers MGNREGA allocation by 25.51%

The Centre has allocated Rs 73,000 crore for the rural jobs guarantee...

For Re 1 in govt coffer, 58 paise to come from taxes

For every rupee in the government coffer, 58 paise will come from direct and...

Investors cheer Budget; Sensex surges 848 pts at close

Tata Steel was the top gainer in the Sensex pack, zooming 7.57 per cent,...

At 91 minutes, FM delivers shortest Budget speech

With Nirmala Sitharaman's Budget presentation lasting for about one hour 31...

Over Rs 911 crore allocated for CBI in Budget

The agency was allocated Rs 835.39 crore to manage its affairs in 2021-22...

Various slogans heard during FM's budget speech

Most of the members, including Prime Minister Narendra Modi, were seen...

Modi hails budget as 'people-friendly and progressive'

"An important aspect of this budget is the welfare of the poor," Modi said.

Highlights of Union Budget 2022-23

Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha...

China among beneficiaries of anti-dumping duty waiver

The government on Tuesday announced revoking of anti-dumping duties on...

Budget: No serious measures to boost revenue, Moody's

The budget underscores government's previous emphasis on capex to sustain...

Sitharaman pegs FY22 economic growth at 9.2%

Finance Minister Nirmala Sitharaman on Tuesday said the country's economic...

FM promises 80 lakh houses under PMAY in 2022-23

Finance Minister Nirmala Sitharaman on Tuesday announced allocation of...

Thumbs up or thumbs down? Rate the Budget!

So how do you rate the Modi government's 10th budget which comes ahead of the...

Betrayal of middle class: Opposition decries Budget

Party leader Rahul Gandhi dubbed the Union Budget as a 'zero-sum budget',...

Govt enhances PLI scheme for domestic solar cells

Finance Minister Nirmala Sitharaman on Tuesday proposed enhancing the funding...

Sitharaman extends ECLGS scheme for MSMEs till Mar '23

The additional amount will be exclusively earmarked for the hospitality and...

Import duty on diamonds, gemstones cut to 5%

Finance Minister Nirmala Sitharaman on Tuesday announced cutting import duty...

Budget 2022 leaves personal tax rates untouched

Belying expectations, Finance Minister Nirmala Sitharaman did not tinker with...

RBI to introduce digital rupee using blockchain tech

A new Digital Rupee is proposed to be introduced by the Reserve Bank of India...

GST collection at record Rs 1.40 lakh cr in Jan: FM

GST collections touched a record of Rs 1.40 lakh crore in January on rapid...

Govt to promote Kisan Drones, chemical-free farming

The Centre will promote Kisan Drones, chemical-free natural farming,...

Spectrum auctions will facilitate 5G roll-out: FM

The government will conduct a spectrum auction this year, which will...

Dom's Take: Budget: Hum Honge Kamyaab

Dominic Xavier offers his take on Budget 2022.

Infra funding will be guided by Gati Shakti: FM

While presenting the Budget for 2022-23, the finance minister also said the...

Budget 2022: Key numbers to watch out for

Here are the key numbers to watch out for in the Budget for 2022-23, which is...

Watch Live! Nirmala Sitharaman presents Union Budget

Watch as Nirmala Sitharaman unveils India's economic roadmap for the next...

Budget session: No legislative biz in RS in 1st half

The government told an all-party meeting Monday that it does not intend to...

Mon, Jan 31, 2022
Housing prices remain steady during the 2 Covid waves

Housing sales mostly declined during the first and the second wave of the...

IPO boom: 75 cos mobilise Rs 89,066 cr in Apr-Nov '21

The primary market has seen hectic fundraising activity in April-November...

FM to boost Budget spending to support economic growth

Finance Minister Nirmala Sitharaman is likely to strike a fine balance...

For $5 tn GDP, India must spend about $1.4 tn on infra

In order to achieve $5 trillion GDP by FY'25, India needs to spend about $1.4...

India needs to be wary of imported inflation: Survey

Inflation has reappeared as a global issue in both advanced and emerging...

Govt needs to prioritise crop diversification: Survey

The farm sector has been resilient to the COVID-19 shock and is estimated to...

Air India sale to boost privatisation: Survey

Air India sale will give a boost to India's privatisation drive, the Economic...

Chip shortage forced firms to cut production: Survey

According to the survey report, the government's move to earmark Rs 76,000...

Highlights of the Economic Survey 2021-22

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey...

Meet FM's A-team behind Budget 2022

Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23...

Polls come and go but Budget session important: Modi

Prime Minister Narendra Modi on Monday said elections keep happening but...

All eyes on GDP forecast by Economic Survey

The pre-budget Economic Survey, which is tabled in Parliament ahead of the...

Budget Session to begin today with Prez's address

The Budget Session of Parliament will commence on Monday and is scheduled to...

Budget: 'Big challenge is inflation'

'The robust tax collections give the finance minister a fair amount of...

Sun, Jan 30, 2022
Budget Session: Oppn to grill govt over China, Pegasus

The session will begin with President Ram Nath Kovind's address to the Lok...

Incentives for green hydrogen likely in Union Budget

The government may provide for targeted fiscal incentives and allocation of...

Sat, Jan 29, 2022
Budget session: RS issues code of conduct for members

As per the rules and regulations, members must not do anything that brings...

Fri, Jan 28, 2022
Clamour for tax breaks grows. Will Sitharaman oblige?

The forthcoming budget needs to delay fiscal consolidation, instead should...

This Budget Is Harder Than Last Year's

The challenges before the coming Budget are more daunting than those in 2021,...

Thu, Jan 27, 2022
Budget 2022: Phasing out of some tax exemptions likely

The Centre is considering a gradual phasing out of certain direct tax...

'Markets won't see a blind rally post Budget'

'The markets seem apprehensive and that explains why the markets have been...

Wed, Jan 26, 2022
Budget: Insurers want investment limit of 80C hiked

Insurance companies are seeking a separate deduction limit of Rs 1 lakh for...

Tue, Jan 25, 2022
Budget may push for pvt investments in infra projects

These could include strengthening the public-private partnership (PPP)...

Budget session: RS, LS to meet at separate times

The two Houses of Parliament will meet at separate times of the day for five...

Mon, Jan 24, 2022
India Inc urges Budget sops to boost capex

Indian companies are expecting generous tax incentives from the Union Budget...

Thu, Jan 20, 2022
Budget 2022: Time To Raise Revenue

There are two ways: Deliver a rapidly growing economic pie or reform GST and...

Wed, Jan 19, 2022
'Budget shouldn't focus only on fiscal consolidation'

House economists at the nation's largest lender State Bank of India (SBI)...

Tue, Jan 18, 2022
Budget 2022: Jewellers want gold import duty cut to 4%

Gems and Jewellery Export Promotion Council (GJEPC) has urged the government...

Fri, Jan 14, 2022
Budget session of Parliament from Jan 31 to Apr 8

The first part of the session will conclude on February 11. After a...

Worst-hit sectors may get credit guarantee breather

According to highly placed sources, the finance ministry is likely to extend...

Mon, Jan 10, 2022
Budget 2022: What hoteliers want from Sitharaman

With the fresh wave of COVID-19 plunging the hospitality sector back into...

Sun, Jan 9, 2022
402 Parl staff Covid positive ahead of budget session

Ahead of the budget session of Parliament, more than 400 Parliament staff...

Tue, Dec 28, 2021
Budget: Govt may not target sharp fiscal correction

While presenting her 2021-22 Union Budget, Finance Minister Nirmala...

Wed, Dec 22, 2021
Budget: India Inc wants FM to rationalise I-T slabs

Rationalisation of income tax slabs, infrastructure status for digital...

Mon, Dec 20, 2021
What will Nirmalaji do in the Budget?

The finance minister could well be on her way to setting a record of...

Thu, Dec 16, 2021
Budget 2022: India Inc pitches for more reforms

India Inc on Thursday pitched for continuation of reforms while ensuring tax...

Tue, Dec 14, 2021
Sitharaman to hold pre-Budget consultations from Wed

Finance Minister Nirmala Sitharaman will kick start the customary pre-Budget...

Mon, Dec 13, 2021
Budget 2022: Industry bodies urge govt to cut taxes

Engineering Export Promotion Council (EEPC) of India has urged the Centre to...

Fri, Nov 19, 2021
I-T laws to change in Budget; cryptos under tax net

The government is mulling changes in the income tax laws to bring...