Page 4 - Latest Updates on Budget presentation
Budget wishlist: Pharma, healthcare industries seek simplified regulations
Fortis Healthcare MD & CEO Ashutosh Raghuvanshi said increased policy support is required to encourage, facilitate medical value travel to India
 "Budget wishlist: Pharma, healthcare industries seek simplified regulations")
Union Budget 2023: Long-term capital gains tax likely to be rationalised
This tax was discontinued in 2005, but was reintroduced in 2018 in the Union Budget for that fiscal
 "Union Budget 2023: Long-term capital gains tax likely to be rationalised")
PM Modi to hold pre-Budget meeting with economists, sectoral experts
Finance minister Nirmala Sitharaman will present the 2023-24 Budget in Parliament on February 1, 2023
 "PM Modi to hold pre-Budget meeting with economists, sectoral experts")
Enhance budget for PLI scheme and widen its coverage: Assocham
The government's PLI scheme, introduced in 2021, had an outlay of around Rs 2 trillion for 13 sectors
 "Enhance budget for PLI scheme and widen its coverage: Assocham")
The process involved in preparing the Union Budget: An explainer
All of this culminates on February 1, when the Cabinet approves the budget, the Finance Minister presents it to the President, then proceeds to Lok Sabha, where she rises at 11 am to begin her speech
 "The process involved in preparing the Union Budget: An explainer")
The end of budget day carnival?
In India, the average length of a budget speech is about 13,600 words and takes over two and a half hours to complete
 "The end of budget day carnival?")
Budget 2022: Some musings
The worrisome issue of fiscal consolidation remains a major concern
 "Budget 2022: Some musings")
Union Budget 2022: How the India's social sector gets short shrift
Government allocations on health and education do not meet its targets and consistently fall short in terms of actual spending
 "Union Budget 2022: How the India's social sector gets short shrift")
Finance Ministry's real FY23 GDP forecast lower than in Economic Survey
The last time India's real GDP was at 8 per cent-plus was in 2015-16 (8 per cent) and 2016-17 (8.3%)
 "Finance Ministry's real FY23 GDP forecast lower than in Economic Survey")
A bigger, not better, defence budget
Even as the total allocation has increased, it has fallen as a percentage of GDP
 "A bigger, not better, defence budget")
Lower allocation
Budget for rural India may need to be revisited
 "Lower allocation")
Next steps on privatisation
Budget detaches the programme from fiscal needs
 "Next steps on privatisation")
Budget 2022: Emphasis on asset creation over direct income enhancements
The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics
 "Budget 2022: Emphasis on asset creation over direct income enhancements")
Budget 2022: Virtual digital assets are here to stay, says expert
'We are left with some open issues which need clarifications on the VDA', said Aravind Srivatsan
 "Budget 2022: Virtual digital assets are here to stay, says expert")
Budget impact: Capital expenditure-tilt positive for most sectors
Domestic-focussed sectors due to the government's push on infrastructure and indigenous manufacturing are the big winners in the Budget
 "Budget impact: Capital expenditure-tilt positive for most sectors")
Union Budget 2022-23: Telecom firms spar over 5G auction quantum
Airtel wants only interference-free spectrum to be put up for auction
 "Union Budget 2022-23: Telecom firms spar over 5G auction quantum")
Social sector: The focus of Budget 2022 is on effective implementation
The government has continued with earlier policies, schemes and extent of outlays, without attempting radical shifts or transformations
 "Social sector: The focus of Budget 2022 is on effective implementation")
Union Budget 2022: Govt borrowing plan may prompt reverse repo hike
15-40 bps raise likely in MPC meeting next week, say market participants
 "Union Budget 2022: Govt borrowing plan may prompt reverse repo hike")
Fiscal constraints
India needs to boost tax-to-GDP ratio
 "Fiscal constraints")
Smart Budget Feb 2022: Market responds with a 2.5% surge over two sessions
A 500-company sample of Q3 results, including many of the private sector majors, shows signs of inflation impacts
 "Smart Budget Feb 2022: Market responds with a 2.5% surge over two sessions")
