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Hyderabad: The announcement in the union Budget 2022-23 of introducing flat 30 per cent taxation on income from crypto and digital assets is being seen as a welcome move for innovators and experts working in this field. In her speech, Finance Minister Nirmala Sitharaman said, “There has been a phenomenal increase in transactions in virtual […]
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Neglecting progressive States like Telangana once again demonstrates that Modi’s catchphrase “Team India” is just a slogan
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Hyderabad: Chief Minister K Chandrashekhar Rao demanded that the Centre clarify whether cryptocurrency has been legalised in the country. He asked Prime Minister Narendra Modi and union Finance Minister Nirmala Sitharaman to explain if cryptocurrency has been validated. He questioned on what basis does the union Finance Minister announce plans to impose 30 per cent […]
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Hyderabad: Chief Minister K Chandrashekhar Rao accused Prime Minister Narendra Modi of attempting to shift the International Arbitration Centre established in Hyderabad to Ahmedabad in Gujarat. He said union Finance Minister Nirmala Sitharaman’s announcement on the establishment of an International Arbitration Centre at Gujarat International Finance Tec-City (GIFT) was an attempt to overshadow the existing […]
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Hyderabad: Telangana State Planning Board vice-chairman B Vinod Kumar on Tuesday said the union budget presented by Finance Minister Nirmala Sitharaman left everyone disappointed. The union Budget would not benefit any community in the country, he said in a statement issued here. Priority was not given to the education, health, education, agriculture and welfare sectors […]
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Hyderabad: Telangana State BJP president Bandi Sanjay Kumar on Tuesday said the budget presented by the union Finance Minister Nirmala Sitharaman was acceptable by everyone. “My salute to the Prime Minister Narendra Modi and Nirmala Sitharaman for presenting a bold budget,” he said in a statement. He added that the Central government did not impose […]
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Hyderabad: Telangana Rashtra Samiti president and Chief Minister K Chandrashekhar Rao on Tuesday gave a clarion call for the awakening of the people of the country, particularly the youth, to wage a battle against the divisive politics of the BJP government at the Centre, and declared that the need of the hour was a new […]
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New Delhi: Giving clarity on taxation of cryptocurrencies and other virtual assets, Finance Minister Nirmala Sitharaman on Tuesday proposed a 30 per cent tax on income from transactions in such assets. Also, to bring such assets under the tax net, she proposed a 1 per cent TDS (tax deducted at source) on transactions in such […]
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Hyderabad: The union Budget 2022-23 turned out to be a major disappointment for Telangana, with no specific assurances or allocations given to support the State in the next fiscal. union Finance Minister Nirmala Sitharaman presented the budget in the Lok Sabha on Tuesday, had no provision to address the promises made under Andhra Pradesh Reorganisation […]
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New Delhi: Congress leader Rahul Gandhi on Tuesday dubbed the Union Budget for 2022-23 as a “zero-sum budget”, saying it has nothing for the salaried, middle class and the poor. His comments came soon after Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament “M0di G0vernment’s Zer0 Sum Budget! Nothing for – Salaried class, […]
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New Delhi: The government is committed to reduce imports and promote self-reliance in the defence sector, Finance Minister Nirmala Sitharaman said on Tuesday. She said that 68 per cent of capital for the defence sector would be earmarked for the local industry. Sitharaman also said that 5 per cent of Universal Service Obligation (USO) Fund […]
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New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said that this year’s Budget would continue to provide impetus to growth. The economic recovery is benefitting from public investments and capital spending, she said in her Budget 2022-23 speech. She added that inclusive development, productivity enhancement, energy transition and climate action are four pillars of development. […]
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New Delhi: The Union Cabinet headed by Prime Minister Narendra Modi on Tuesday approved the Budget 2022-23, sources said. The Budget will be presented by Finance Minister Nirmala Sitharaman in a short while from now in the Lok Sabha. The Budget documents usually include the finance minister’s speech in Parliament, highlights, annual financial statement, finance […]
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New Delhi: A Union Cabinet meeting is underway ahead of the presentation of Budget 2022-23 by Finance Minister Nirmala Sitharaman at the Parliament on Tuesday. Earlier today, Sitharaman met President Ram Nath Kovind ahead of the Budget presentation. She was accompanied by Ministers of State for Finance Pankaj Chaudhary, Bhagwat Karad and other officials from […]
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New Delhi: Finance Minister Nirmala Sitharaman and Ministers of State for Finance, Pankaj Chaudhary and Bhagwat Kishanrao Karad, and senior officials of the Ministry of Finance on Tuesday met President Ram Nath Kovind ahead of the Union Budget 2022-23 presentation. The Cabinet is scheduled to meet at 10.10 a.m. to give the ascent to the […]
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New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday morning left her residence for North Block ahead of presenting the Union Budget 2022-23 in the Parliament. The Budget presentation will begin with a speech from the Finance Minister scheduled to take place at around 11 am. This year, the Union Budget will be delivered in […]
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New Delhi: Finance Minister Nirmala Sitharaman tabled the economic survey in the parliament on Monday, for the second year running, the Economic Survey was written under the cloud of the Covid-19 pandemic. The Survey was first published in 1950-51 and was initially part of the Budget documents. It was less than 50 pages in the […]
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New Delhi: With the Budget Session of Parliament commencing on Monday, the government is all set to lay Economic Survey 2021-22 along with Statistical Appendix in both Houses. Economic Survey 2021-22 and the Statistical Appendix will be laid on the table of the Lok Sabha at around 12.45 pm by Union Finance Minister Nirmala Sitharaman […]
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Visakhapatnam: The Praja Arogya Vedika affiliated to Jan Swasthya Abhiyan has urged the union Minister of Finance Nirmala Sitharaman to allocate a minimum of three per cent of the GDP in the budget to health care so that India would become world no. 1 number one in providing quality health care to the citizens. In […]
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Nirmala Sitharaman is set to present her fourth union budget on February 1, 2022. Some analysts feel that the finance minister may announce major relief to taxpayers.
