Page 32 - Budget 2022

Insurers seek hike in tax exemption for higher adoption of pure risk plans

Currently, under Section 80C of the Income Tax Act, an individual can claim a deduction of the life insurance premium paid from his/her taxable income

GJEPC urge govt to cut gold import duty to 4%, special package in Budget

Gems and Jewellery Export Promotion Council has urged the government to reduce import duty on gold to 4 per cent from 7.5 per cent and a special package for the sector in the forthcoming Budget

Pre-Budget rally possible! Sensex, Nifty may hit new highs, charts suggest

As long as the underneath trend is bullish, volatility and minor dips shall be seen as opportunities to go long

Divestment delayed, but petchem plans on the track: Bharat Petroleum

The government's plan is to sell its entire 52.98 per cent stake in BPCL with the transfer of management control to a strategic buyer

At current pace, MGNREGA will need minimum Rs 1 trillion budget next fiscal

Work demand has been unusually high the past two years and front-loading expenditure helped in generating adequate demand while installing confidence in the system

Budget wishlist: Here are the key challenges in agriculture sector

Government needs to play a proactive role in enabling a business-as-a-service (BaaS) platform to promote innovation

Budget 2022-23: BJP representatives seek revival of worst-hit sectors

They put forward their views for the development of their respective regions

Budget: Govt plans Rs 1.4-trn fertiliser subsidy for farmers, says report

The increased spending comes ahead of crucial assembly polls and amid efforts by the ruling BJP to win over farmers after facing massive protests against new laws that have since been scrapped

Budget could push for private investments in public infrastructure

Budget could also announce favourable terms for companies accessing bond markets

Tackling inequality

Govt must make the right interventions in the Budget

Increase fund allocation for adolescents', elderly's health in budget: NGOs

Agewell Foundation found that the budgetary provisions can address the issues concerning them to a larger extent

Rationalise tariffs on mobile phone parts in Union Budget: ICEA

The ICEA said that in order to ensure that the maximum manufacturing can happen in India, duties on the inputs of the parts and components of mobile phones must be carefully calibrated

Budget 2022: FADA seeks GST rate cut on two-wheelers to 18% to spur demand

Automobile dealers' body FADA has urged the government to reduce GST rates on two-wheelers to 18 per cent in order to generate demand in the segment.

Budget 2022: Tax rebates in Budget for realty vital for salaried class

Currently, one-third of India's population reside in cities and it is estimated to go up to 50% by 2030

Top headlines: Nominal GDP growth, Omicron cases, LIC IPO, and more

The Union Budget for FY23 is likely to assume 13-14% nominal GDP growth despite the growing inflationary concerns

Budget wishlist: Here're the key challenges for renewable energy sector

The amount overdue from discoms to RE generators has increased from Rs 13,761 crore in March 2021 to Rs 19,341 crore in December 2021

Budget 2022-23: Govt likely to target 13-14% nominal growth in FY23

A faster growth projection may cause inflation concerns, say officials

FM Nirmala Sitharaman holds pre-budget consultations with BJP leaders

Finance Minister Nirmala Sitharaman on Sunday held pre-budget consultations with BJP leaders in which representatives from 25 states participated virtually and gave their suggestions on the budget.

Fintech firms demand further liberalisation of tax regime in Budget

The fintech industry has urged Finance Minister Nirmala Sitharaman to further liberalise the tax regime for financial sector startups in the forthcoming Budget

Budget 2022: Govt could consider levying TDS/TCS on crypto trading

The government could consider in the upcoming Budget levying TDS/TCS on sale and purchase of cryptocurrencies above a certain threshold