Page 9 - Budget

Budget has nothing for poor, farmers, middle class: Adhir Ranjan Chowdhury

Leader of Opposition in Lok Sabha Adhir Ranjan Chowdhury on Thursday said that there is nothing in the Union Budget for the poor, farmers and middle class.Chowdhury said, "Budget documents are perceived to be a roadmap for the future but here is what I have found there may be a map but there is no road in this Budget. The Budget document is nothing but a sheer rigmarole and rumbling stories much to the confusion of common people.""The budget which has come on the backdrop of retail inflation over 6 per cent has nothing on controlling price rise. Unemployment and inflation have crossed record highs. We can summarise the Budget as a zilch," he added.Citing the National Survey Report of September 2021, he pointed out that the average income of farmers is mere Rs 27/day and the average debt of a farmer is Rs 74,000."National Survey Report of Sept 2021 pointed out that average income of farmers is mere Rs 27/day and average debt of a farmer is Rs 74,000. The double whammy is that the per ..

Share of GST revenue from imports nearly constant since 2014

GST revenue from imports - The Indian imports have grown especially from China and so is import IGST. But as a proportion of total GST collections, revenue from imports has remained the same.

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

Delhi govt receives 1,300 responses from people for its 'Swaraj Budget'

The Delhi government has received 1,300 responses from the people ranging from setting up mohalla libraries to providing cheaper parking for electric vehicles for its 'Swaraj Budget'

Budget 2022 proposals to push exports, manufacturing: Exporters

Steps announced in the Budget such as extension of the ECLGS scheme, a new law for special economic zones and setting up of 100 cargo terminals will help in boosting economic growth and exports

Stand-up comedian Atul Khatri's take on best and worst of Budget 2022

The best thing has been the announcement of the national tele mental health programme for mental health counselling, says Khatri

Author Anand Neelakantan's take on best and worst of Budget 2022

The move to ease out 75,000 compliances and elimination of 1,486 union laws are commendable and could drive investment, says Neelakantan

Imran Khan passes mini budget to appease IMF but angers citizens

Already unemployment among the educated youth is increasing at a time when inflation in December touched 12.3 per cent, up from 11.5 per cent in November

Economic Survey: Govt sees scope for retaining world-beating economy tag

The survey expectations for the next fiscal year are conservative compared to the 9% expansion seen by IMF.

Action-packed week for equity markets: Budget, macro data, earnings eyed

In the holiday-shortened last week, the 30-share BSE benchmark plummeted 1,836.95 points or 3.11 per cent

Election freebies exceeding regular Budget, says Supreme Court

Issues notices to Centre, EC on PIL against populist sops

India pays $29.9 million in UN regular budget assessments for 2022

India has paid USD 29.9 million in UN regular budget assessments for the year 2022

Union Budget 2022-23: Phasing out of some tax exemptions likely

FinMin also exploring the option of rationalising capital gains tax rates

Budget secrecy is too archaic now to be continued

Budget reform is not something the Modi government has shied away from

FM should take growth responsibility away from monetary policy: Pronab Sen

'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy', he said

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

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

Japan PM sees no need to change FY2025 budget balancing target, for now

Kishida, long known as a fiscal hawk, has been prioritising economic recovery from the Covid-19 crisis over long-term fiscal reforms since he took office in October