Page 5 - Latest Updates on Budget cycle
Budget bets big on public infra: Subsidy bill falls as Covid concern eases
FM slashes Customs exemptions again, this time on capital goods
 "Budget bets big on public infra: Subsidy bill falls as Covid concern eases")
Budget prioritises growth over fiscal consolidation: ICRA Limited MD
The Budget has pencilled in modest 6.0 per cent growth in revenue receipts, dampened by a contraction in non-tax revenues
 "Budget prioritises growth over fiscal consolidation: ICRA Limited MD")
Telecommunication to financial services: How Budget affects key sectors
Spectrum auctions to be conducted in 2022, expected rollout of 5G mobile services within 2022-23
 "Telecommunication to financial services: How Budget affects key sectors")
View from the gallery: When the PM crossed over to the other side
The PM asked Farooq Abdullah (Srinagar) (who was kept in long detention by the central government two years ago) whether he was okay
 "View from the gallery: When the PM crossed over to the other side")
From Yogi Adityanath to Nitish Kumar, here're CMs' views on Budget 2022
'The introduction of digital currency will give a boost to the economy', said Shivraj Singh Chouhan
 "From Yogi Adityanath to Nitish Kumar, here're CMs' views on Budget 2022")
Union Budget 2022-23: Poll-neutral but political subtext
Tax breaks for state govt employees and cooperatives are a move to woo these influential groups
 "Union Budget 2022-23: Poll-neutral but political subtext")
A huge bet on growth
Investors sense potential for sustained corporate profits
 "A huge bet on growth")
The risks of minimalism
One should not rule out Ms Sitharaman doing better than what she has projected for next year's total revenue numbers
 "The risks of minimalism")
Fiscal capacity facilitates larger investments
Unfortunately, a great opportunity to bring down the general tariff rate has been lost
 "Fiscal capacity facilitates larger investments")
Not a 25-year blueprint
This is not a Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus
 "Not a 25-year blueprint")
Budget 2022: Continuing in the right direction, says Shree Cement's Bangur
It is reassuring to see government focus on growth-propelling sectors such as healthcare and infrastructure
 "Budget 2022: Continuing in the right direction, says Shree Cement's Bangur")
NRAI President Kabir Suri's take on best, worst things in Union Budget
'The best thing about the Budget, in my opinion, has to be the spending on infrastructure', said Suri
 "NRAI President Kabir Suri's take on best, worst things in Union Budget")
A pragmatic Budget amidst a challenging global environment
The proposal to defer the filing of an appeal by the tax authority where the question of law is pending before the jurisdictional Hc or Sc would help reduce the administrative workload
Budget 2022: India Inc to benefit from govt's massive capex push
Companies to bag for roads, railways and defense projects
 "Budget 2022: India Inc to benefit from govt's massive capex push")
Climate action takes centre stage in Union Budget: More Intent, Less Money
Budget falls short of making significant budgetary allocation to key sectors of energy efficiency, sustainability and clean tech
 "Climate action takes centre stage in Union Budget: More Intent, Less Money")
Union Budget 2022: Agriculture, rural could do with more stimulus
Food, fertiliser, petroleum subsidies were lower in FY23, compared with FY22
Union Budget provides less for food and fertiliser subsidies
The petroleum subsidy is pegged at Rs 5,813 crore, which is 11 per cent less
 "Union Budget provides less for food and fertiliser subsidies")
Shares of companies related to infra, construction, roads jump post Budget
The finance minister said Rs 20,000 crore will be mobilised through innovative ways of financing to complement the public resources
 "Shares of companies related to infra, construction, roads jump post Budget")
Union Budget 2022-23: BJP, JJP hail it; Congress and INLD slam it
Chief Minister M L Khattar hailed the budget, terming it as "pro-farmers"
Budget 2022 may be work of restoration, but challenges for FM no less steep
Touch services like hospitality, leisure, tourism in desperate need of support
 "Budget 2022 may be work of restoration, but challenges for FM no less steep")
