Page 12 - Budget 2022

Direct Taxes: Budget doesn't touch slabs, offers relief to co-ops, startups

FM reduces MAT for cooperative societies to 15% from 18.5%, bring them on par with companies; relief for state govt staff, differently-abled persons

Union Budget 2022: The capex push, says India Ratings' Devendra Kumar Pant

The philosophy appears to be addressing the unemployment issue through increased capex, which will have a multiplier impact on the economy

Budget 2022: The growth-inflation gambit, says CRISIL MD & CEO Amish Mehta

The Indian economy is staging a gradual recovery, but the environment - both local and global - remains challenging given the upside risks to inflation

Union Budget 2022: Non-tax revenues to see a 14% decline in FY23

The Reason: Fall in contribution from telcos and lower dividend from RBI

Union Budget 2022: Refile ITR within two years to fix errors

The Income-Tax (I-T) Department will introduce a new updated return, which is expected to help those taxpayers who have committed mistakes in filing their returns

A huge bet on growth

Investors sense potential for sustained corporate profits

Budget 2022: PM Modi hails 'people-friendly and progressive' budget

The prime minister said the Budget is "full of opportunities for more Infrastructure, more Investment, more growth, and more jobs".

Budget 2022: Divestment target for FY23 set at a modest Rs 65,000 crore

FY22 divestment mop up revised to Rs 78,000 crore from Rs 1.75 trillion pegged earlier

A Budget that lays the foundation for the next 25 years

A major enabler of the recovery has been increased capital expenditure by the government, which is imparting confidence to the private investors as well

Defence allocation sees moderate rise, IAF gets largest capital boost

In the Budget FY23, the government has allocated Rs 5.25 trillion.

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

Budget 2022: FM stays on fiscal correction path, banks on capex push

Tax revenues have been a bright spot for the Centre in FY22

Sunil Bharti Mittal to Rashesh Shah, BS Jury lauds growth-oriented Budget

In terms of sector focus, the Budget has primarily focused on agri and MSME

Fiscal capacity facilitates larger investments

Unfortunately, a great opportunity to bring down the general tariff rate has been lost

Ad film director Prahlad Kakkar's take on best, worst things in Budget

If the sector goes sick due to lack of support, it will affect everyone as they provide material to almost all other sectors

Union Budget 2022: Through layperson's prism

The government seems to be determined to change the shape of recovery from K; it wants all to join the party in the world's fastest-growing economy.

FM Sitharaman gives Rs 13,700 crore for Department of Space

As India prepares for its maiden human spaceflight, Finance Minister Nirmala Sitharaman allocated Rs 13,700 crore to the Department of Space in the Union Budget.

Union Budget 2022 is a very positive and growth-oriented

The fiscal deficit for FY23 has been projected at 6.4 per cent of GDP - a consolidation - but in absolute terms, the deficit is higher than FY22.

Not a 25-year blueprint

This is not a Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus

Budget: PM's Gati Shakti gives major boost to Railways, says R Sivadasan

With 59 days to go for fiscal year-end, its traffic guys are poised to create an incredible annual incremental loading record of more than 190 MT