Page 30 - Budget 2023 News

Budget 2022-23: Gross borrowing likely to fall Rs 63.5K crore in FY23

The massive borrowing plan announced by the government in the FY23 Union Budget may get trimmed by Rs 63,500 crore.

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%)

Next steps on privatisation

Budget detaches the programme from fiscal needs

Budget 2022-23: Directors may face tax recovery heat, say experts

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.

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: 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

Highest ever allocation in railway for Odisha in 2022-23: Ashwini Vaishnaw

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

Budget 2022: Govt allocates Rs 283.5 cr for Startup India Seed Fund Scheme

In April 2021, the government rolled out the Startup India Seed Fund Scheme (SISFS), which aims to provide financial assistance to start-ups

Focus on climate is best news in India's 'bleak' new Budget

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

Budget 2022: How Samagra Shiksha Scheme is key for school reopenings

The budget for Samagra Shiksha has grown by 20% but is still lower than projected budgets of the education ministry

Budget will promote inflation, not generate employment: Sachin Pilot

Union Finance Minister Nirmala Sitharaman on Tuesday tabled Union Budget 2022 in the Lok Sabha and later in Rajya Sabha

Budget 2022: Will 68% earmarking boost indigenous defence manufacturing?

Budget 2022 proposals seem to give a big push to Make in India in defence with 68% of capital procurement allocation earmarked for domestic industry. What does this mean for India's defence industry?

PM's statement in context of Union Budget contrary to reality: Gehlot

Just terming the Budget an initiation of 'Amrit Kaal' for the next 25 years will not change the fact that India is lagging everywhere due to the policies of the BJP, he alleged.

Crytocurrency tax: How will the Budget 2022 rules impact crypto investors?

A highlight of Budget 2022 was the proposal to levy 30% tax on gains from transfer of digital assets and 1% TDS on payments towards virtual currencies. What will be the impact on crypto investors?

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

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

Union Budget 2022: Govt borrowing plan may prompt reverse repo hike

15-40 bps raise likely in MPC meeting next week, say market participants

Indirect Taxes: Union Budget 2022 is a transformative and progressive

The focus on India's startup ecosystem, the ease of doing business and green energy will shore up growth momentum and benefit multiple stakeholders.

Direct Taxes: FM Sitharaman chooses quiet consolidation in Budget

The yardsticks of stability, predictability, rationalisation and simplification define the tax proposals

Markets will keenly watch the execution of capex plans: Abhiram Eleswarapu

Abhiram Eleswarapu, head of India equities at BNP Paribas, tells Puneet Wadhwa in an interview that he expects real rates to remain negative for most of 2022