Finance Minister Nirmala Sitharaman will hold a meeting with finance ministers of states on Thursday as part of customary pre-Budget consultations with various stakeholders.
The Budget must focus on the income effect by taking steps to put more money in the pockets of those who are still earning.
Government managers are not sure if subsidies can be kept in check in FY23 either
This is a move that has been hailed by economists and policy-watchers as it makes budgeting a more transparent process
The time has come to start questioning this target setting business. Since 2009 these targets for financial stability have become a joke everywhere.
Budget-makers are confident that the net tax collection's Budget target (direct plus indirect) of Rs 15.45 trillion will be exceeded
Sitharaman will chair pre-budget consultations with stakeholders from various sectors in two sessions in the national capital on Friday.
FM to meet economists on December 22 for pre-Budget consultations
Ministers of State for Finance Pankaj Chaudhary and Bhagwat Karad held the first pre-Budget consultations with representatives of agriculture and agro processing industry through virtual mode
He said India was also going to relaunch the FTA with Israel by March-April next year.
She will be seeking inputs from various stakeholders, including industry bodies, farmer organisations and economists for reviving consumption and boosting growth hit by the COVID-19 pandemic
To augment their resources, banks would be encouraged to raise funds from the market and also by selling their non-core assets, they added.
The proposal in the budget comes ahead of civic polls due next year
The Economic Survey sets the context in which the Union Budget is presented by the Finance Minister
The Finance Ministry has asked for suggestions on taxation from industries and trade bodies for Budget 2022-23, which is going to set the tone for growth of India's economy hit by the COVID pandemic
The financial statement for the scheme shows a negative balance of about Rs 8,800 crore, and nearly Rs 10,000 crore in pending wages
The former Israeli PM watched from the sidelines Thursday as the government passed a national budget
The Knesset passed a national budget avoiding a November deadline that would have triggered another election
The Union Budget for Financial Year 2023 is expected to be presented on February 1
The Uttar Pradesh government on Wednesday presented a supplementary budget of Rs 7,301.52 crore in the state Legislative Assembly for financial year 2021-22 to meet additional expenditure.