Budget 2022 reactions

Budget 2022 for the common man decoded! Know how it impacts your money

Although the Finance Minister Nirmala Sitharaman made no major announcement regarding the Income Tax slabs, she did propose a slew of other benefits for the salaried individuals.

Feb 04, 2022, 16:10 PM IST

Budget 2022: Animation Task Force to provide much-needed boost to gaming, says MPL CEO Srinivas

Finance Minister Nirmala Sitharaman has announced the setting up of a task force for the animation, visual effects, gaming, and comics (AVGC) sector.

Feb 02, 2022, 16:48 PM IST

Budget short on structural reform announcements: Fitch Ratings

Fitch Ratings said India's budget for the fiscal beginning April focuses on giving a boost to the ongoing economic recovery through a sharp increase in capex spending.  

Feb 02, 2022, 14:05 PM IST

Budget 2022: Sovereign green bonds, battery swapping policy to help in achieving renewable energy goals, says SunSource CEO

SunSource Energy, Co-Founder and Chief Executive Officer, Adarsh Das said that the industry welcomes ‘Climate Action’ as one of the pillars of Union Budget 2022. 

Feb 02, 2022, 13:48 PM IST

Budget 2022 lays down road map for an ‘Aspirational India', says Meesho CEO Aatrey

Finance Minister Nirmala Sitharman presented the Budget 2022 on Tuesday, February 1.

Feb 02, 2022, 12:32 PM IST

What is a Digital Rupee and how it will fuel India’s growth? All you need to know

Digital Rupee will be issued by the Reserve Bank of India (RBI). 

Feb 02, 2022, 10:30 AM IST

Budget 2022: As FM introduces 30% tax on virtual currency, does it indicate future of cryptocurrencies in India?

The decision to tax digital assets came as a major setback for the existing crypto investors in the next financial year and might discourage investments in cryptocurrencies.

Feb 02, 2022, 08:50 AM IST

Union Budget 2022: Nirmala Sitharaman invokes Mahabharata; Mallikarjun Kharge hits back

The Finance Minister said that drawing wisdom from the ancient texts, the government has continued on the path to progress. "As I understand, this budget is for Arjun and Dronacharya and not for Ekalavya. There is nothing for the poor in this budget," Kharge hit back

Feb 01, 2022, 20:31 PM IST

Budget 2022: Hospitality industry terms Union Budget as ‘disappointing'

The hospitality industry has termed the Union Budget 2022-23 as 'gravely disappointing', saying the measures announced by Finance Minister Sitharaman were not enough to support the sector that has been crippled by the COVID-19 pandemic.

Feb 01, 2022, 18:53 PM IST

Disappointment on Income tax, 30% tax on virtual currency -- Understanding Union Budget 2022 in 10 quick points

Here's decoding the Union Budget 2022 in 10 quick points that directly impacts the common man.

 

Feb 01, 2022, 18:44 PM IST

NPAs coming down, banks getting money back of those who've fled country: FM

Union Finance minister said that on the basis of information received from foreign countries, the government is working account by account to bring back the black money.

Feb 01, 2022, 17:58 PM IST

Union Budget 2022: Have not tried to earn even a single paisa by increasing tax this year, says FM Sitharaman

Addressing a press conference later in the day, FM Sitharaman said that she her Budget announcement is people-friendly since she has tried not to burden the people already affected by the Covid-19 pandemic.

Feb 01, 2022, 17:40 PM IST

Budget 2022: PM Gati Shakti Master Plan will give big boost to warehousing, logistics; slash shipping costs

Finance Minister Nirmala Sitharman said that PM Gati Shakti Master Plan for expressways will be formulated in 2022-23.

Feb 01, 2022, 17:30 PM IST

Amit Shah calls Budget 2022 'visionary', says it will make India self-reliant

"This budget, brought by the Modi government, is a visionary budget, which will prove to be a budget to change the scale of India`s economy. This budget will make India self-reliant and lay the foundation of a new India of the 100th year of independence," said Amit Shah.

Feb 01, 2022, 17:08 PM IST

Budget 2022: ECLGS extension, Ease of Doing Business 2.0 to help MSMEs recover from pandemic blues

Sitharaman announced the extension of Emergency Credit Line Guarantee Scheme (ECLGS) till March 2021. 

Feb 01, 2022, 16:48 PM IST

Union Budget 2022: Experts laud FM for raising the capital expenditure to Rs 7.50 lakh crore in 2022-23

In terms of economic support, especially on infrastructure and taxation fronts, the Union Budget 2022 has delivered along expected lines, believe experts.

Feb 01, 2022, 16:38 PM IST

Budget 2022: Kisan drones, services in PPP mode, chemical-free natural farming to open new doors for agriculture

Sitharaman said the Central government will promote Kisan Drones, chemical-free natural farming, public-private partnerships (PPP) for the delivery of digital and high-tech services to farmers.  

Feb 01, 2022, 16:02 PM IST

Union Budget 2022: Banking experts say, Budget proposals will provide opportunities for debt, equity investments

Governmentt’s focus on empowering citizens and providing impetus to digital means of banking will accelerate the digital and financial inclusion of the masses, say experts.

Feb 01, 2022, 15:54 PM IST

Budget 2022 brings in new hopes and opportunities for people, says PM Narendra Modi

PM Modi congratulated Finance Minister Nirmala Sitharaman for a "people-friendly and progressive budget".  "An important aspect of this budget is the welfare of the poor," PM Modi said.

Feb 01, 2022, 15:20 PM IST