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Budget 2022: Serving The DFM Troika

Budget 2022: Serving The DFM Troika

Digitalisation, financial inclusion and MSME support are the prongs of the budget for the financial sector

02 February 2022
Digital Rupee Can Be Exchanged For Cash, Says PM Modi

Digital Rupee Can Be Exchanged For Cash, Says PM Modi

He said the central bank digital currency or the digital rupee will make online payments more secure and risk-free and boost the digital economy in the years...

02 February 2022

Budget 2022: Understanding How Every Rupee Will Be Utilised This Financial Year

For any taxpayer, it becomes extremely important to know how taxes they pay are being managed and how each rupee is being spent.

Will Budget 2022 Bridge The Digital Gap In Education?

Will Budget 2022 Bridge The Digital Gap In Education?

The announcements do not offer anything new or try to address the existing issues such as the huge shortage of human resources and infrastructure in education,...

02 February 2022

India On Course To Become $5 Trillion Economy By FY26: CEA Nageswaran

Gross domestic product (GDP) in dollar terms has already crossed $3 trillion, he said during the Finance Minister's post Budget interaction with media.

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01 February 2022
Clean Energy Projects To Help Achieve 100 MT Coal Gasification By 2030: Coal Minister

Clean Energy Projects To Help Achieve 100 MT Coal Gasification By 2030: Coal Minister

Gasification of coal is a process in which coal is partially oxidated by air, oxygen, steam or carbon dioxide under controlled conditions to produce a fuel...


01 February 2022
Final Framework For New SEZ Law To Be Taken In 4-6 Months: Piyush Goyal

Final Framework For New SEZ Law To Be Taken In 4-6 Months: Piyush Goyal

Finance Minister Nirmala Sitharaman in her Budget Speech proposed to replace the existing law governing SEZs with new legislation to enable states to become...


01 February 2022
Budget 2022: Rs 1,711 Crore Is Allocated For The Expenes Of Union Cabinet, Ministers

Budget 2022: Rs 1,711 Crore Is Allocated For The Expenes Of Union Cabinet, Ministers

The amount includes expenditure for the Prime Minister's Office, National Security Council Secretariat, office of the Principal Scientific Advisor and...


01 February 2022
Government To Introduce Battery Swapping Policy, Special Mobility Zones For EV Transport

Government To Introduce Battery Swapping Policy, Special Mobility Zones For EV Transport

The government’s push for electric vehicles fits into the larger scheme of combating carbon emissions.


01 February 2022
Haven't Raised Taxes This Year Too: Finance Minister

Haven't Raised Taxes This Year Too: Finance Minister

Sitharaman's fourth Budget in a row neither tinkered with tax slabs nor raised the standard deduction, which was widely expected in view of elevated inflation...


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02 February 2022
Budget Analysis: Modi-Sitharaman Can’t Fix Economy Without Jobs, And Jobs Won’t Happen Just On Infra Push

Budget Analysis: Modi-Sitharaman Can’t Fix Economy Without Jobs, And Jobs Won’t Happen Just On Infra Push

In her budget presentation, the Union finance minister emphasised on the government spending worth Rs 7.5 lakh crore in FY23, but who is buying vehicles to...


01 February 2022
Equity Investors Richer By About Rs 3 Lakh Crore On Budget Day

Equity Investors Richer By About Rs 3 Lakh Crore On Budget Day

On Budget Day, the 30-share BSE index jumped 848.40 points or 1.46 per cent to settle at 58,862.57. During the day, it gained 1,018.03 points to 59,032.20.


01 February 2022
How Renewable Friendly Is Union Budget 2022?

How Renewable Friendly Is Union Budget 2022?

A reasonably welcome announcement is that of a policy on battery swapping, which should result in an uplift in the battery vehicle segment with the...


01 February 2022
Start-up Community Relishes Government's Focus In Budget 2022

Start-up Community Relishes Government's Focus In Budget 2022

From extension of tax incentives for start-ups for a year to capping tax surcharge, Nirmala Sitharaman announced a slew of startup-friendly initiatives in the...


01 February 2022
Reducing MGNREGA Allocation To Hit Rural Employment: Ex- Bengal Finance Minister Amit Mitra

Reducing MGNREGA Allocation To Hit Rural Employment: Ex- Bengal Finance Minister Amit Mitra

According to the Union Budget 2022 allocations, the MGNREGA outlay gets slashed to Rs 73000 crore from Rs 98000 crore at a time when unemployment is high


01 February 2022
Budget 2022 Is Growth Oriented, Expects Cut In Excise Duty Of Jet Fuel: IndiGo CEO

Budget 2022 Is Growth Oriented, Expects Cut In Excise Duty Of Jet Fuel: IndiGo CEO

Earlier, Finance Minister Nirmala Sitharaman in her Budget Speech on Tuesday said the PM Gati Shakti National Master Plan is a transformative approach for...


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01 February 2022
Budget Allocation To Coal Ministry Declines 39% To Rs 393 Crore In FY2022-23

Budget Allocation To Coal Ministry Declines 39% To Rs 393 Crore In FY2022-23

The expenditure budget of Rs 393.24 crore in 2022-23, includes Rs 314.54 crore on central sector schemes/ projects and Rs 12.96 crore on Coal Mines Pension...


01 February 2022
India Budget 2022 Gives New Tax Relief To The Disabled 

India Budget 2022 Gives New Tax Relief To The Disabled 

Tax deduction will be available when the parent or guardian turns 60. The annuity or lump sum that the disabled dependent receives on maturity of scheme shall...


02 February 2022
Government Capex Jumps 35.4% In Budget 2022, But Is It Enough To Spur Growth?

Government Capex Jumps 35.4% In Budget 2022, But Is It Enough To Spur Growth?

Private capital expenditure, and even consumption, has been muted over the years, a trend that goes back to pre-Covid days. Government expenditure may not be...


01 February 2022
Glad To See Announcement On Digital Connectivity, 5G Spectrum Auction In Budget: Telecom Industry Body

Glad To See Announcement On Digital Connectivity, 5G Spectrum Auction In Budget: Telecom Industry Body

Cellular Operators' Association of India (COAI) said it looks forward to continued and constructive engagement with the government for lowering levies on the...


01 February 2022
Railway Ministry Allocated Rs 140367.13 Crore In Budget

Railway Ministry Allocated Rs 140367.13 Crore In Budget

Railway Minister Ashwini Vaishnaw welcomed the announcement and said that the integration of posts and railways will bring better logistics solutions for...


01 February 2022
Economy Stands To Recover 101.3% Of Pre-Pandemic Output: Budget

Economy Stands To Recover 101.3% Of Pre-Pandemic Output: Budget

It further said India's economic growth is supported by a strong rebound seen in several high-frequency indicators in the third quarter of 2021-22 and rapid...


01 February 2022
Finance Minister Spurs Spending To Sustain Economic Recovery

Finance Minister Spurs Spending To Sustain Economic Recovery

While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates.


01 February 2022
India Budget 2022: Budget Lacks Any Serious Measures To Boost Revenue: Moody's

India Budget 2022: Budget Lacks Any Serious Measures To Boost Revenue: Moody's

The budget underscores the government's previous emphasis on Capex to sustain near-term recovery from the pandemic, while simultaneously paving the way for the...


01 February 2022
Here Is A List Of What Will Be Cheaper And What Will Be Costlier

Here Is A List Of What Will Be Cheaper And What Will Be Costlier

Imported cut and polished diamonds, frozen mussels, frozen squids, asafoetida, cocoa beans, methyl alcohol and acetic acid will become cheaper as a result of...


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