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Latest Articles in union budget

Govt Not Planning To Introduce Bill To Facilitate Privatisation Of Banks In Monsoon Session: Minister

The government is not planning to introduce any bill to make amendments to facilitate the privatisation of public sector banks in the ongoing monsoon session, Parliament was informed on Tuesday

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Budget Has Significant Provisions For Aatmnirbhar Bharat And Make In India: Modi

He referred to his call for zero defect-zero effect manufacturing that he gave for the ramparts of Red Fort. Aatmnirbharta is all the more important if we see from the prism of national security, he said

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Technology Will Empower People, Make India Aatmnirbhar: Modi

The Prime Minister emphasised that in the field of economy, the vision is linked with areas like digital economy and fintech

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In 6 Years Agricultural Budget Has Increased Manifold: Modi

The Prime Minister noted the year 2023 is recognised as the International year of millets and called upon the corporate world to come forward in branding and promoting Indian millets

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Budget's MGNREGA Spend Cut Perplexing: India Ratings

Amid widespread welcoming of Finance Minister Nirmala Sitharaman's Budget for its 35 per cent increase in capital expenditure, India Ratings said the focus is on less employment-intensive sectors like roads and long gestation projects.

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Budget 2022 Will Strengthen Foundation Of FMCG Sector For Long Term: Experts

The budget by the government is also aiming to facilitate ease of doing business and enhance consumption by providing employment opportunities, boosting infrastructure, focusing on technology, according to experts.

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Sitharaman Presents Union Budget, Opposition Slams, Industry Lauds

"Government focus since 2014 has been on the poor and marginalised. The government strives to provide the necessary ecosystem to the middle class," said Sitharaman.

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Union Budget Will Continue To Provide Impetus To Growth: Sitharaman

She added that inclusive development, productivity enhancement, energy transition and climate action are four pillars of development.

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Cabinet Approves Union Budget For 2022-23

The Budget documents usually include the finance minister's speech in Parliament, highlights, annual financial statement, finance bill containing tax proposals, memorandum explaining the provisions in the financial bill, and macroeconomic framework statement.

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Finance Ministry Asks Ministries To Restrict Expenses Within Prescribed Limit

The government estimates a fiscal deficit of 6.8 per cent of the gross domestic product (GDP) in the current financial year ending on March 31

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2022: A Likely Year Of Firsts For Insurance; General Insurer Privatisation; LIC Mega IPO

The General Insurance Business (Nationalisation) Amendment Act, 2021 to allow privatisation of state-run general insurance companies was approved by the Parliament in August this year and later came into force.

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Growth In FY'22 To Be Around 11 % As Projected In Economic Survey, Says CEA

The Union Budget for 2021-22 has provided a capital outlay of Rs 5.54 lakh crore, an increase of 34.5 per cent over the Budget Estimate of 2020-21.

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Budget Heading For Vaccination Expenditure Does Not Inhibit Centre From Using Funds: FinMin

India is facing the world's worst outbreak of COVID-19 cases with more than 3 lakh new daily cases being reported for two weeks now and the new cases reached more than 4 lakh daily over the weekend.

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Fitch Solutions Sees RBI Holding Interest Rates Through FY22

Fitch Solutions also revised its inflation rate forecast to an average of 5 per cent in FY22, up from 4.6 per cent previously, due to elevated inflationary pressures.

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Net Direct Tax Mop Up Exceeds Revised Estimates At Rs 9.45 Lakh Cr In FY21

The net corporate tax collection stood at Rs 4.57 lakh crore, while net personal income tax was Rs 4.71 lakh crore. Another Rs 16,927 crore came from securities transaction tax (STT).

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