Page 20 - Union Budget
India's GDP expected to grow 7.8% in FY23: Crisil report
Sitharaman's Budget proposals focused on loosening the purse strings by boosting capital expenditure and going slow on fiscal consolidation are aimed in the right direction, the rating agency said
 "India's GDP expected to grow 7.8% in FY23: Crisil report")
Cryptocurrency to be taxed like gambling win, says top FinMin official
'We have now put in a taxation framework that treats crypto assets the same way we treat winnings from horse races, or from bets and other speculative transactions,' says Finance Secretary
 "Cryptocurrency to be taxed like gambling win, says top FinMin official")
India's growth-focused Budget sparks concerns on inflation, tighter rates
Plan to borrow record Rs 14.95 trn exceeds market estimates; high oil prices, prospect of Fed hikes contribute to worries
 "India's growth-focused Budget sparks concerns on inflation, tighter rates")
Cryptocurrency tax: Relief for crypto investors as Budget ushers in norms
The FM has announced a 30 per cent tax on any income from the transfer of virtual/digital assets
 "Cryptocurrency tax: Relief for crypto investors as Budget ushers in norms")
Tharoor pitches for 'Vande Bharat' train in place of Silver Line in Kerala
The Thiruvananthapuram MP tweeted that one interesting element for Kerala in the union budget 2022 was the announcement of 400 new Vande Bharat trains, which can travel at 180 kmph
 "Tharoor pitches for 'Vande Bharat' train in place of Silver Line in Kerala")
A measured and pragmatic Budget 2022-23, says USISPF prez Mukesh Aghi
The head of USISPF congratulated FM Nirmala Sitharaman on delivering a budget that allows the govt to continue supporting development while keeping an eye on fiscal deficit.
 "A measured and pragmatic Budget 2022-23, says USISPF prez Mukesh Aghi")
What is Demand for Grants?
The Union Budget is finalised with inputs from all ministries and departments about estimates of their spending for the next FY. This estimate tabled as part of the Budget is called Demand for Grants
 "What is Demand for Grants?")
The government has hit 5 sixes in a row with this Budget: Shankar Sharma
The markets gave a thumbs up to the budget. In an interview with Business Standard, Vice-Chairman and Joint Managing Director at First Global, Shankar Sharma, shared his views on this year's budget
 "The government has hit 5 sixes in a row with this Budget: Shankar Sharma")
Meet the CEA who did not present this year's Economic Survey
The govt appointed V Anantha Nageswaran as the next Chief Economic Adviser three days before the Union Budget. A peek into the life of this well-known commentator on topical economic developments
 "Meet the CEA who did not present this year's Economic Survey")
How Budget 2022 gives a digital thrust to pandemic-stricken Indian economy
In Budget 2022, FM Nirmala Sitharaman laid an emphasis on digital technologies and start-ups cutting across sectors-from agriculture and education to post offices, banking and more
 "How Budget 2022 gives a digital thrust to pandemic-stricken Indian economy")
Union Budget 2022: Kudos to Finance Minister Nirmala Sitharaman
This time around, I must go on record praising her for the way in which she has framed the Union Budget for 2022-23
Union Budget 2022-23: Poll-neutral but political subtext
Tax breaks for state govt employees and cooperatives are a move to woo these influential groups
 "Union Budget 2022-23: Poll-neutral but political subtext")
Union Budget 2022: Umbrellas to be costlier, diamonds cheaper
Keeping with the government's Atmanirbhar Bharat plank, FM Sitharaman increased Customs duties on a host of items, such as umbrellas, parts of wearable devices, and electronic smart meters
 "Union Budget 2022: Umbrellas to be costlier, diamonds cheaper")
The future is not tense: It was a unique Budget in many ways
The Union Budget 2022 was another decisive step towards reforms and inclusive development
 "The future is not tense: It was a unique Budget in many ways")
Union Budget 2022: No tax break but important aspects addressed
NPS is the only scheme without any rupee value limit (the limit is a percentage of salary and not a specific rupee value) on the deduction
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: Non-tax revenues to see a 14% decline in FY23")
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
 "A Budget that lays the foundation for the next 25 years")
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.
 "FM Sitharaman gives Rs 13,700 crore for Department of Space")
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.
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
 "Budget: PM's Gati Shakti gives major boost to Railways, says R Sivadasan")
