Clipped from: https://economictimes.indiatimes.com/news/economy/policy/union-budget-2022-speech-highlights-will-sitharaman-live-up-to-indias-expectations/articleshow/89261195.cms Finance minister Nirmala Sitharaman presented the Union Budget 2022, the fourth budget of Modi 2.0, on Tuesday. There were a host of measures for a number
Category: Budget
Budget Key Takeaways: 25 key takeaways from Nirmala Sitharaman’s fourth Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/20-key-takeaways-from-nirmala-sitharamans-fourth-budget/articleshow/89271689.cms Synopsis Finance minister Nirmala Sitharaman pledged to spend more to fire up the key engines of growth in Asia’s third-largest economy as it
Budget 2022: What do the Budget 2022 numbers tell us? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/what-do-the-budget-2022-numbers-tell-us/articleshow/89271720.cms Synopsis The FM has managed to strike a healthy balance between promoting growth through boost to public and private investments while maintaining fiscal
Taxes: Budget 2022: For every rupee in govt coffer, 58 paise to come from taxes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/budget-2022-for-every-rupee-in-govt-coffer-58-paise-to-come-from-taxes/articleshow/89271476.cms Synopsis For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 35 paise from borrowings and other
Formal roadmap for informal sector -Budget: Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/budget-formal-roadmap-for-informal-sector/articleshow/89284787.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email Finance minister Nirmala Sitharaman NEW DELHI: With the pandemic putting the spotlight on migrant workers, finance minister Nirmala Sitharaman on Tuesday said the
Crypto News India: India says crypto not illegal as it’s taxed like gambling win | India Business News – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/india-says-crypto-not-illegal-as-its-taxed-like-gambling-win/articleshow/89296398.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email NEW DELHI: The government said it doesn’t treat trading in crypto assets as illegal, a day after it announced taxing such transactions just the same
Cryptocurrency Tax in India: Tax on e-assets opens gateway to brave, new virtual world | India Business News – Times of India
lipped from: https://timesofindia.indiatimes.com/business/india-business/cryptic-signs-tax-on-e-assets-opens-gateway-to-brave-new-virtual-world/articleshow/89284751.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email It may not sound logical, but cryptocurrency prices rose in response to the Union Budget’s imposition of a 30% tax on income earned from transfer
Budget 2022: Infra at the cost of welfare | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/budget-2022-infra-at-the-cost-of-welfare-1077109.html In a balancing act of growth and fiscal consolidation, the government has put all its eggs in the infrastructure basket at the cost of social welfare
Union Budget: 2022 reality intrudes in 2047 vision | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/union-budget-2022-reality-intrudes-in-2047-vision-1077176.html Urgent needs of poor, middle class unaddressed Union Finance Minister Nirmala Sitharaman presents the Union Budget 2022-23 in the Lok Sabha, at Parliament.
Crypto not illegal, will be taxed like gambling win, says Finance Secy | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/crypto-not-illegal-will-be-taxed-like-gambling-win-says-finance-secy-1077409.html After years of dilly-dallying on cryptocurrencies, the Budget proposed taxing income from the transfer of virtual assets at 30% Finance Secretary T V Somanathan. Credit:
India’s growth Budget sparks concerns on inflation, tighter rates | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/indias-growth-budget-sparks-concerns-on-inflation-tighter-rates-1077365.html ‘The longer RBI waits to normalise, the more markets will lose the confidence in RBI’s ability to control inflation and inflation expectations’ Representative
Robust policy changes with muted tax proposals -Budget 2022: | Deccan Herald
Clipped from: https://www.deccanherald.com/business/union-budget/budget-2022-robust-policy-changes-with-muted-tax-proposals-1077311.html This Budget accorded little importance to tax proposals, while addressing only some expectations Representative image. Credit: iStock Photo Union Budget 2022 was presented
The budget has ignored the poor–Prabhat Patnaik writes: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/the-budget-2022-has-ignored-the-poor-7753859/ Prabhat Patnaik writes: It has blithely ignored the economy’s travails and provided neither stimulus nor succour to those in distress The provision for
Costlier oil and subsidy fall likely to hit consumption in FY23 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/costlier-oil-and-subsidy-fall-likely-to-hit-consumption-in-fy23-122020500046_1.html A cut in subsidy in FY23 comes on the back of an equally sharp cut in FY22 A cut in subsidy is coming
Little fiscal headroom for govt to respond to future shocks: Fitch | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/little-fiscal-headroom-for-govt-to-respond-to-future-shocks-fitch-122020701306_1.html Rating agency says it revised Outlook on India’s rating to Negative from Stable in June 2020, partly due to its assumptions about pandemic
Households liked the Union Budget | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/households-liked-the-budget-122020701490_1.html While equity markets react to budget announcements in real time, households we believe, take a little longer to digest it. Households are not
No more liquidity support: Advice from Raghuram Rajan and Viral Acharya | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/raghuram-rajan-and-viral-acharya-say-enough-no-more-liquidity-support-122020700283_1.html Their paper makes the point that creation of huge amounts of money by a central bank need not necessarily galvanise output. The Monetary
Crypto taxes in Budget 2022: Better late than never – The Financial Express
Clipped from: https://www.financialexpress.com/money/crypto-taxes-in-budget-2022-better-late-than-never/2429355/ Deeming cryptocurrencies as ‘digital assets’ and a 30% transaction tax on withdrawal are much-needed steps from an economics point of view though they
Capex push to spur both demand and supply: Principal economic advisor Sanjeev Sanyal – The Financial Express
Clipped from: https://www.financialexpress.com/budget/capex-push-to-spur-both-demand-and-supply-principal-economic-advisor-sanjeev-sanyal/2428972/ The government, however, has admittedly been more conservative in its approach in the Budget and predicted nominal growth of just 11.1% in FY23.
RBI begins three-day monetary policy meet to decide on key rates – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-begins-three-day-monetary-policy-meet-to-decide-on-key-rates/2428521/ The Reserve Bank’s rate-setting panel began its three-day deliberations on Tuesday to decide the next monetary policy in the backdrop of Budget 2022-23,