We have been projecting a quite robust growth for India: Georgieva
India's entry into global bond indices will happen later, possibly in FY24, because the conditions are not right now, said a government official
Government allocations on health and education do not meet its targets and consistently fall short in terms of actual spending
'This year we should have got Rs 60,000-80,000 crore as capital gains tax', said Tarun Bajaj
'The status of mega projects under the control of state governments is not available', says the author
Recognising the huge debt burden of NHAI at Rs 3.38 trillion, the finance ministry has given it nil space to borrow any more in the FY23 Budget
The budget estimates are 17.7% more than the last fiscal, when the BMC had presented Rs 39,038.83-cr budget
Budget impact may not be palpable, but steer clear of taxman
Securities transaction tax (STT), which is levied on purchase and sale of equity shares and their derivative contracts, has emerged as a healthy source of income for the government
The massive borrowing plan announced by the government in the FY23 Union Budget may get trimmed by Rs 63,500 crore.
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%)
Budget detaches the programme from fiscal needs
The proposal in the Finance Bill to amend provisions of Section 179 of the Income Tax (I-T) Act from April 1, 2022, could increase risks for directors of medium and small-sized firms, said experts.
The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics
'We are left with some open issues which need clarifications on the VDA', said Aravind Srivatsan
He said the Central allocation for the development railway sector in Odisha has been substantially increased during the regime of Modi government in comparison to Congress or UPA government
In April 2021, the government rolled out the Startup India Seed Fund Scheme (SISFS), which aims to provide financial assistance to start-ups
As a statement of accounts, Budget 2022 makes for grim reading. But a strong emphasis on green growth may offer India the economic narrative it's been lacking
The budget for Samagra Shiksha has grown by 20% but is still lower than projected budgets of the education ministry
Union Finance Minister Nirmala Sitharaman on Tuesday tabled Union Budget 2022 in the Lok Sabha and later in Rajya Sabha