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By Nayakara Veeresha The union Budget 2022-23 has been hailed as growth-oriented in terms of physical and digital infrastructure development owing to increased capital expenditure. Most of the entrepreneurs, industrialists and corporate entities have welcomed it. No doubt these are necessities for an emerging economy like ours. However, the big missing link is the direction […]
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New Delhi: The Centre has decided to continue the umbrella scheme of Modernisation of Police Forces (MPF) of states and the union territories for the period 2021-22 to 2025-26 with a total central financial outlay of Rs 26,275 crore in the Union Budget 2022-23. This scheme comprises all relevant sub-schemes that contribute to modernisation and […]
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Hyderabad: Minister of Finance Nirmala Sitharaman presented the Union Budget 2022-23. With this Budget, India has marked 75 years of Independence through Azadi ka Amrit Mahotsav. Apart from this, the budget also lays down a plan for the next 25 years and refers to the same period as Amrit Kaal. It has also announced some […]
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Mumbai: Maharashtra Minister Aaditya Thackeray on Tuesday said that the Union Budget 2022-23 looks more like a manifesto wherein most of them are announcements only. Slamming the Centre, Thackeray told the reporters, “This budget looks more like a manifesto. In this budget, mostly announcements are made and it will be important to see the outcome.” […]
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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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Hyderabad: The Union Budget 2022-23 focuses on a long-term plan for the country with digitisation, urban development, and sustainability at its core. For the real estate sector, the budget placed an outlay of Rs 48,000 crores under the Pradhan Mantri Awas Yojana, and construction of 80 lakh homes will facilitate affordable housing. Real estate sector […]
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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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Hyderabad: Chief Minister K Chandrashekhar Rao described the union Budget as just a ‘Golmaal Budget’ and said it lacked sense and purpose as there was no specific benefit for any section including the farmers, the poor and the underprivileged. He said the eighth union Budget has exposed the intellectual bankruptcy of the Narendra Modi government which […]
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New Delhi: The Congress on Tuesday accused Finance Minister Nirmala Sitharaman and Prime Minister Narendra Modi of betraying the country’s salaried and middle classes by not announcing any relief measures for them in the Union Budget. Congress general secretary and chief spokesperson Randeep Surjewala said the salaried and the middle classes have been affected due […]
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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: India’s economic growth is expected to remain in the range of 8 to 8.5 per cent in 2022-23 as against a projected growth of 9.2 per cent in the current financial year and a sharp contraction witnessed in 2020-21, according to the Economic Survey 2021-22 tabled in the parliament on Monday. “With the […]
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Mumbai: The Indian equities markets benchmark Sensex surged 786 points on Monday led by strong buying support in IT and energy stocks, a day ahead of the presentation of Union Budget 2022-23. Reversing the trends of the last week’s sell-off the key indices of the Indian stock markets opened with handsome gains on Monday. The […]
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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.
