Union Budget 2022

Rollback of rate ‘corrections’ on textiles will hit PLI scheme: Nirmala Sitharaman Rollback of rate ‘corrections’ on textiles will hit PLI scheme: Nirmala Sitharaman The rollback of Goods and Services Tax (GST) rate ‘corrections’ on…

Centre provides for some “cross-cutting health infrastructure”, says Finance Secretary Somanathan Centre provides for some “cross-cutting health infrastructure”, says Finance Secretary Somanathan Finance Secretary T.V. Somanathan on…

The planned 5G rollout could be an opportunity for the smartphone maker Lava which is preparing itself for this next technological leap. Going in the next year early, Lava will launch affordable 5G-enabled handsets above…

Budget FY23 demonstrates the commitment of the government to channelise its policies and funds to areas of high growth. The Union government has presented an investment-oriented budget with a focus on getting future ready. Increasing…

Finance Minister Nirmala Sitharaman’s Budget speech was “the most capitalist speech ever read by a Finance Minister” and did “nothing” to deal with challenges like unemployment, loss of household incomes, per capita expenditure and…

No section of society has benefited from the Union Budget 2022, the Trinamool Congress leadership said on Tuesday, pointing out that no new social protection schemes, including for the families of those who died in the COVID-19 and…

Agriculture and allied activities, which still employ the largest bulk of the population, saw a marginal 2% increase in Budget allocations for 2022-23. The sector’s share in the overall Budget allocations fell from 4.26% in 2021-22 to…

The emerging agri-tech sector has been enthused by the abundance of digital farming references in the Union Budget speech on Tuesday.“For delivery of digital and hi-tech services to farmers with the involvement of public sector research…

She posed for the traditional ‘briefcase’ picture outside her office along with her team of officials before heading to meet the President. Finance Minister Nirmala Sitharaman on February 1 again took a digital tablet wrapped in a…

“To provide a level-playing field between cooperative societies and companies, I propose to reduce this rate (MAT) for the cooperative societies also to 15%,” the Finance Minister said. The government proposes to reduce the minimum…