Indian Union Budget

Budget 2022: This budget drafted with vision of making a new India, says Tripura CM

Tripura chief minister Biplab Kumar Deb said that this budget is an embodiment of Prime Minister Narendra Modi's promises to fulfil the aspiration of people

Budget 2022: Centre's subsidies on food, fertilisers, petroleum to decline 39% to Rs 4,33,108 cr

In its revised budget estimate for 2021-22 fiscal, the government pegged total subsidies to be at Rs 4,33,108 crore as against the actual budget estimate of Rs 7,07,707 crore in the previous financial year

Union Budget 2022: Direct tax collections exceed budget estimates after three years

According to the Budget document, the government has revised upwards the direct tax collection estimates for 2021-22 fiscal from Rs 11.08 lakh crore in Budget estimates, to Rs 12.50 lakh crore in revised estimates

Budget 2022: No provision for farmers and poor, fiscal deficit will rise further, says Ashok Gehlot

Rajasthan Chief Minister says that this budget will prove to be a budget to increase inflation, to fill the pockets of industrialists and to empty the pockets of common man

Centre proposes reducing Alternate Minimum Tax for co-op societies to 15%, surcharge to 7%

Presenting the Union Budget 2022-23 Nirmala Sitharaman said the government has proposed to reduce the surcharge on cooperative societies to those having total income of more than Rs 1 crore up to Rs 10 crore

PM Modi on Union Budget 2022: ''Aatmanirbhar Bharat Ka Budget' will strengthen economy, benefit common man'

The Union Budget will bring scope for more infrastructure, more investment more growth and more jobs, said the prime minister

Union Budget 2022-23: No change in personal income tax rates in this year's Budget

The corporate tax rate too was kept at the same level. However, concessional rate of 15 per cent has been extended by one year for newly incorporated manufacturing units

Union Budget 2022: SEZ law to be replaced; new legislation IT driven and focus on higher facilitation, says Sitharaman

Presenting the Union Budget 2022-23, FM Nirmala Sitharaman said that The Special Economic Zones Act will be replaced with a new legislation that will enable states to become partners in Development of Enterprise and Service Hubs.

Union Budget 2022: Centre cuts import duty on cut and polished diamonds, gemstones to 5%

At present, import duty on cut and polished diamonds as well as gemstones is 7.5 per cent.

Union Budget 2019: Constitution makes healthcare the responsibility of state governments

The private health care sector is responsible for the majority of healthcare in India, and most healthcare expenses are paid directly out of pocket by patients and their families.