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Union Budget 2022-23

Atomic energy sector to get Rs 32,342 crore

Atomic energy sector to get Rs 32,342 crore

🕔07:45, 2.Feb 2022

New Delhi/Chennai, Feb 2 (IANS) The Department of Atomic Energy (DAE) has asked for an allocation of about Rs 32,342 crore for 2022-23. In the demand for grants placed in the Parliament as part of the budget papers, the DAE has

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More allocations for most UTs in Budget 2022-23

More allocations for most UTs in Budget 2022-23

🕔07:44, 2.Feb 2022

New Delhi, Feb 2 (IANS) The Union Budget 2022-23 has allocated more funds to the Ministry of Home Affairs-administered Union Territories. According to the Budget proposals for the current fiscal, with a hike of 6.98 per cent, the total allocation for

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Budget FY23: Ministry of Education allocated record Rs 1 lakh crore

Budget FY23: Ministry of Education allocated record Rs 1 lakh crore

🕔07:43, 2.Feb 2022

New Delhi, Feb 2 (IANS) The Ministry of Education has received a record budgetary allocation for the upcoming financial year. The Ministry has been allocated Rs 1,04,277.72 crore for the financial year (FY) 2022-23. This budgetary allocation witnessed a jump of

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Budget FY23: Programme to make border villages ‘vibrant’ announced

Budget FY23: Programme to make border villages ‘vibrant’ announced

🕔07:38, 2.Feb 2022

New Delhi, Feb 2 (IANS) With an aim to counter the Chinese territorial claims in Arunachal Pradesh and on the villages along the Line of Actual Control (LAC), the Union Finance Minister Nirmala Sitharaman on Tuesday announced the new ‘Vibrant Villages’

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J&K gets Rs 35,581.44 cr as central assistance in Union Budget

J&K gets Rs 35,581.44 cr as central assistance in Union Budget

🕔07:37, 2.Feb 2022

New Delhi, Feb 2 (IANS) The Union Budget on Tuesday allocated Rs 35,581.44 crore to the Union Territory (UT) of Jammu and Kashmir for the financial year 2022-23 as part of the central government’s assistance and grants. While Jammu and Kashmir

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Concessional tax regime on foreign sourced dividends to be withdrawn

Concessional tax regime on foreign sourced dividends to be withdrawn

🕔07:35, 2.Feb 2022

New Delhi, Feb 2 (IANS) Indian companies receiving dividend payments from their foreign-based subsidiaries will be taxed more than the current concessional tax rate of 15 per cent, the Budget document showed on Tuesday. At present, a concessional tax regime on

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Budget FY23: Next phase of Ease of Doing Business, Ease of Living to be launched

Budget FY23: Next phase of Ease of Doing Business, Ease of Living to be launched

🕔07:33, 2.Feb 2022

New Delhi, Feb 2 (IANS) The Central government plans to launch the next phase of ‘Ease of Doing Business’ as well as ‘Ease of Living’, Finance Minister Nirmala Sitharaman said on Tuesday. In her Budget speech to Parliament, the Finance Minister

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TDS at 1% of stamp duty value of property

TDS at 1% of stamp duty value of property

🕔07:30, 2.Feb 2022

New Delhi, Feb 2 (IANS) The Union Budget has introduced a provision to provide that in case of transfer of an immovable property (other than agricultural land), TDS is to be deducted at the rate of one per cent of such

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Budgetary Lifeline: ECLGS to be extended till March 2023

Budgetary Lifeline: ECLGS to be extended till March 2023

🕔07:29, 2.Feb 2022

New Delhi, Feb 2 (IANS) To provide financial relief to MSMEs as well as the hospitality sector, the Budget FY23 envisages to extend the Emergency Credit Line Guarantee Scheme (ECLGS) up to March 2023. Besides, ECLGS will be extended up to

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Budget FY23: Ayush Ministry gets Rs 3,050 crore

Budget FY23: Ayush Ministry gets Rs 3,050 crore

🕔07:28, 2.Feb 2022

New Delhi, Feb 2 (IANS) The Ayush Ministry got a major boost in this year’s budget allocation as an amount of Rs 3,050 crore was earmarked for the ministry. The Budget 2022-23 was presented by Union Finance Minister Nirmala Sitharaman on

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Union Home Ministry gets over 1.85 lakh cr in Budget 2022-23

Union Home Ministry gets over 1.85 lakh cr in Budget 2022-23

🕔07:26, 2.Feb 2022

New Delhi, Feb 2 (IANS) The Union Budget 2022-23 on Tuesday allocated over Rs 1.85 lakh crore to the Ministry of Home Affairs (MHA) with a majority of the allocation for the Central Armed Police Forces (CAPFs) and the Central Police

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Health sector allocation sees over 16% hike in Budget

Health sector allocation sees over 16% hike in Budget

🕔07:25, 2.Feb 2022

New Delhi, Feb 2 (IANS) The health sector has been allocated Rs 86,200.65 crore in the Union Budget this year, a hike of 16.59 per cent against Rs 73,931.77 crore (Budget Estimate) allocated in 2021-22. Out of the total Rs 86,200.65

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Rs 460 crore allocated for air pollution, Rs 300 crore for tigers

Rs 460 crore allocated for air pollution, Rs 300 crore for tigers

🕔07:22, 2.Feb 2022

New Delhi, Feb 2 (IANS) Tigers, air pollution, wildlife management, and coastal development dominated the allocation to the Ministry of Environment, Forests and Climate Change in the Budget 2022-23 presented on Tuesday. The Ministry has received a total of Rs 3,030.00

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Climate change risks reflect in budgetary provisions in Budget 2022-23

Climate change risks reflect in budgetary provisions in Budget 2022-23

🕔07:20, 2.Feb 2022

New Delhi, Feb 2 (IANS) Highlighting that the risks of climate change are the strongest negative externalities that affect India and other countries, Finance Minister Nirmala Sitharaman on Tuesday proposed several near-term and long-term actions in the Budget 2022-23. A major

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Ministry of Cooperation gets Rs 900 crore in Union Budget 2022-23

Ministry of Cooperation gets Rs 900 crore in Union Budget 2022-23

🕔07:19, 2.Feb 2022

New Delhi, Feb 2 (IANS) The Union Budget has allocated Rs 900 crore to the Ministry of Cooperation compared to the revised estimate of Rs 403.30 crore in the current fiscal. The Ministry was allocated Rs 373 crore in the revised

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Budget allocation for CAPFs & CPOs up by 12.98%

Budget allocation for CAPFs & CPOs up by 12.98%

🕔07:18, 2.Feb 2022

New Delhi, Feb 1 (IANS) With an increase of 12.98 per cent, the Central Armed Police Forces(CAPFs) and Central Police Organisations (CPOs) were allocated Rs 1,02,668 crore in the Union Budget 2022-23. The total allocation for CAPFs and CPOs, that comes

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Crypto tax regime indicates future of cryptocurrencies in India

Crypto tax regime indicates future of cryptocurrencies in India

🕔18:52, 1.Feb 2022

The announcement of the crypto tax regime by introducing flat 30 per cent taxation on income from crypto and digital assets in the Budget 2022-23 indicates the possible future of cryptocurrencies as a financial asset in the domestic markets in

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FM announces ‘Aspirational Blocks Programme’ and ‘Vibrant Villages Programme’

FM announces ‘Aspirational Blocks Programme’ and ‘Vibrant Villages Programme’

🕔16:31, 1.Feb 2022

New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Tuesday announced an ‘Aspirational Blocks Programme for areas which continue to lag under Aspirational districts. She also announced the ‘Vibrant Villages Programme for the border villages. Presenting the Union Budget for

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Indian space sector targets Rs 219 cr revenue from launch services

Indian space sector targets Rs 219 cr revenue from launch services

🕔16:31, 1.Feb 2022

Chennai, Feb 1 (IANS) India’s Department of Space (DoS) is targeting revenue of Rs 219.14 crore from commercial launch services and also plans to put into orbit 10 satellites with its rockets during 2022-23. The space sector also targets a revenue

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PM e-Vidya programme to be expanded to 200 TV channels: FM

PM e-Vidya programme to be expanded to 200 TV channels: FM

🕔16:29, 1.Feb 2022

New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman announced on Tuesday that the government will expand the PM e-Vidya programme of ‘One Class, One TV programme’ from 12 to 200 TV channels to impart supplementary teaching and build a resilient

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