Page 27 - Union Budget

Sensex falls 1,800 points in 3 days. Here's what is spooking the markets?

The BSE Sensex has shed 1,844 points from Monday's close ending at 59,464 level today, way below the 60K-mark.

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

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

Pet projects of the Modi govt ride the slow expenditure track in FY22

Despite the front-loading of expenditure several depts have been slow this year, impacting projects like National Infrastructure Pipeline, Jal Jeevan Mission, RoDTEP among others

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

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

Budget could push for private investments in public infrastructure

Budget could also announce favourable terms for companies accessing bond markets

MTaI seeks reduction in GST on medical devices, cold chain units

The organisation noted that the reduction of GST on medical devices and medical cold chain from 12 per cent to 5 per cent would lead to the expansion of the healthcare sector through reduced costs

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: 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

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

Budget FY23: Realty seeks incentives on home loans, rental income

With the Union Budget for FY23 round the corner, real estate developers have started making their suggestions and recommendations to the Centre for including them in the Budget document

Budget with BS, Ep 4: Direct tax, agri reforms, poetry and Ashok Gulati Q&A

Annual Economic Survey explained

Before the Union Budget, the govt releases the Economic Survey. It is an annual document that offers a peek into India's economic development over the previous fiscal year. This report explains more

Direct overseas listing of Indian startups not expected in Budget FY23

The industry department is examining the matter to understand exactly what the startups want, DPIIT secretary Anurag Jain says

EC would not like to interfere in Union Budget presentation: CEC Chandra

The Election Commission (EC) on Saturday announced the schedule for assembly elections to Uttar Pradesh, Uttarakhand, Punjab, Manipur and Goa.

What is the Consolidated Fund of India?

Apart from the equity market, effects of pandemic will also reflect on the upcoming Union Budget. In this episode, we explain the Consolidated Fund of India, a key component of the Union budget