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Tag "budget 2022-23"

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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Tax for cooperative societies reduced in Union Budget

Tax for cooperative societies reduced in Union Budget

🕔16:28, 1.Feb 2022

New Delhi, Feb 1 (IANS) In order to provide a level playing field between the co-operative societies and companies, the government proposes to reduce the Alternate Minimum Tax rate for co-operative societies to 15 per cent from the current 18.5 per

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750 virtual labs, 75 skilling e-labs to be set up

750 virtual labs, 75 skilling e-labs to be set up

🕔16:27, 1.Feb 2022

New Delhi, Feb 1 (IANS) While presenting the Union Budget for the year 2022-23, Union Finance Minister Nirmala Sitharaman on Tuesday announced that skilling programmes and partnership with the industry will be reoriented to promote continuous skilling avenues, sustainability and employability.

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Govt extends tax holiday for eligible startups by 1 more year

Govt extends tax holiday for eligible startups by 1 more year

🕔16:22, 1.Feb 2022

New Delhi, Feb 1 (IANS) In further respite for startups amid the ongoing Covid-19 pandemic, the government on Tuesday announced to extend the period to avail tax incentives by one more year. To incentivise startups, the government had last year extended

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Budget 2022-23 Reaction: Smt. Soma Mondal, Chairman, SAIL

Budget 2022-23 Reaction: Smt. Soma Mondal, Chairman, SAIL

🕔16:19, 1.Feb 2022

New Delhi Feb 01: “The union budget for Financial Year 2022-23 holds promise for faster economic development putting the Indian economy on a still higher trajectory of growth. The budget envisages higher Public investment and capital spending by the Government.

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2 Lakh aganwadis to be upgraded: FM

2 Lakh aganwadis to be upgraded: FM

🕔16:04, 1.Feb 2022

New Delhi, Feb 1 (IANS) Two lakh anganwadis will be equipped with audio and audio visual aids and upgraded to new generation “Saksham” Anganwadis, Union Finance Minister Nirmala Sitharaman said on Tuesday. While presenting the Union Budget 2022-23, the Finance Minister

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Fiscal Push: Budget FY23 gives massive Capex support to economy

Fiscal Push: Budget FY23 gives massive Capex support to economy

🕔16:03, 1.Feb 2022

New Delhi, Feb 1 (IANS) To sustain high growth rate, India’s Federal Budget 2022-23 has earmarked a massive budgetary outlay of Rs 7.50 lakh crore for FY 2022-23. In her Budget speech to Parliament on Tuesday, Finance Minister Nirmala Sitharaman proposed

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68% capital expenditure for Defence set aside for domestic procurement

68% capital expenditure for Defence set aside for domestic procurement

🕔16:02, 1.Feb 2022

New Delhi, Feb 1 (IANS) In a big boost to the Indian defence manufacturing sector, Finance Minister Nirmala Sitharaman announced on Tuesday that in FY22-23, 68 per cent of the capital expenditure budget for the defence sector will be reserved for

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PM Modi says no to politics in the Union Budget, new age sectors is the flavour

PM Modi says no to politics in the Union Budget, new age sectors is the flavour

🕔16:01, 1.Feb 2022

New Delhi, Feb 1 (IANS) Prime Minister Narendra Modi has refused to succumb to electoral pressures as the Union Budget announced on Tuesday had no mention of populism or playing to regional galleries. Elections to five states are slated this month

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Union Budget: Sops for capex, infra, MSME, electric vehicles

Union Budget: Sops for capex, infra, MSME, electric vehicles

🕔16:00, 1.Feb 2022

New Delhi, Feb 1 (IANS) The outlay for capex has been significantly enhanced by 35 per cent from Rs 5.5 lakh crore to Rs 7.5 lakh crore in the Union Budget, which is more than double the levels in FY20. This

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Individuals with income above Rs 2 cr get relief in capping of LTCG surcharge

Individuals with income above Rs 2 cr get relief in capping of LTCG surcharge

🕔15:17, 1.Feb 2022

New Delhi, Feb 1 (IANS) Individuals with income above Rs 2 crore get some relief in the form of capping of surcharge at 15 per cent on long term capital gains (on specified assets) from existing graduated rates, Parizad Sirwalla, Partner

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SUMMARY OF UNION BUDGET 2022-23

SUMMARY OF UNION BUDGET 2022-23

🕔15:13, 1.Feb 2022

New Delhi, Feb 01 : India’s economic growth in the current year is estimated to be 9.2 per cent, highest among all large economies. The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic

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HIGHLIGHTS OF THE UNION BUDGET 2022-23

HIGHLIGHTS OF THE UNION BUDGET 2022-23

🕔15:12, 1.Feb 2022

New Delhi, Feb 01 : The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament

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NATIONAL HIGHWAYS NETWORK TO BE EXPANDED BY 25000 km IN 2022-23

NATIONAL HIGHWAYS NETWORK TO BE EXPANDED BY 25000 km IN 2022-23

🕔15:02, 1.Feb 2022

PM GATISHAKTI NATIONAL MASTER PLAN TO ECOMPASS SEVEN ENGINES –ROADS,RAILWAYS,AIRPORTS,PORTS,MASS TRANSPORT,WATERWAYS AND LOGISTICS INFRASTRUCTURE FOR ECONOMIC TRANSFORMATION, SEAMLESS MULTIMODAL CONNECTIVITY AND LOGISTICS SYNERGY NATIONAL HIGHWAYS NETWORK TO BE EXPANDED BY 25000 km IN 2022-23, UNIFIED LOGISTICS INTERFACE PLATIFORM (ULIP) DESIGNED

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EMERGENCY CREDIT LINE GUARANTEE SCHEME TO BE EXTENDED UP TO MARCH 2023; GUARANTEE COVER TO BE EXPANDED BY RS. 50,000 CRORE TO SUPPORT HOSPITALITY AND RELATED ENTERPRISES

EMERGENCY CREDIT LINE GUARANTEE SCHEME TO BE EXTENDED UP TO MARCH 2023; GUARANTEE COVER TO BE EXPANDED BY RS. 50,000 CRORE TO SUPPORT HOSPITALITY AND RELATED ENTERPRISES

🕔14:59, 1.Feb 2022

ADDITIONAL CREDIT OF 2 LAKH CRORE FOR MSMEs THROUGH REVAMPED CREDIT GUARANTEE TRUST FOR MICRO AND SMALL ENTERPRISES SCHEME GOVERNMENT TO ROLL OUT “RAISING AND ACCELERATING MSME PERFORMANCE” (RAMP) PROGRAMME WITH OUTLAY OF 6,000 CRORE UDYAM, E-SHRAM, NCS AND ASEEM

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BUDGET LAYS FOUNDATION AND STEERS ECONOMY FROM INDIA @75 TO INDIA @100

BUDGET LAYS FOUNDATION AND STEERS ECONOMY FROM INDIA @75 TO INDIA @100

🕔14:56, 1.Feb 2022

INCLUSIVE ECONOMIC FOCUS AND TECHNOLOGY ENABLED DEVELOPMENT IN NEXT 25 YEARS FUTURISTIC AND HOLISTIC BUDGET WITH FOUR PRIORITIES CURRENT YEAR GROWTH ESTIMATE STANDS HIGHEST AMONG ALL ECONOMIES @9.2% PM GATISHAKTI TO GUIDE BIG PUBLIC INVESTMENTS SABKA PRAYAS TOWARDS STRONG GROWTH

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FOCUS ON SKILLING AND EMPLOYABILITY – NATIONAL SKILL QUALIFICATION FRAMEWORK (NSQF) TO ALIGN WITH DYNAMIC INDUSTRY NEEDS

FOCUS ON SKILLING AND EMPLOYABILITY – NATIONAL SKILL QUALIFICATION FRAMEWORK (NSQF) TO ALIGN WITH DYNAMIC INDUSTRY NEEDS

🕔14:53, 1.Feb 2022

DIGITAL ECOSYSTEM FOR SKILLING AND LIVELIHOOD – THE DESH-STACK EPORTAL TO BE LAUNCHED STARTUPS FACILITATING ‘DRONE SHAKTI’ TO BE PROMOTED DIGITAL UNIVERSITY TO COME UP TO PROVIDE QUALITY UNIVERSAL EDUCATION ‘ONE CLASS-ONE TV CHANNEL’ PROGRAMME OF PM E-VIDYA TO BE

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FISCAL DEFICIT ESTIMATED AT 6.4% OF GDP IN 2022-23

FISCAL DEFICIT ESTIMATED AT 6.4% OF GDP IN 2022-23

🕔14:51, 1.Feb 2022

BROAD PATH OF FISCAL CONSOLIDATION MAINTAINED TO REACH FISCAL DEFICIT LEVEL BELOW 4.5% CAPITAL EXPENDITURE STEPPED UP BY 35.4% TO Rs. 7.50 LAKH CRORE IN 2022-23 FROM Rs. 5.54 LAKH CRORE IN 2021-22 CAPITAL EXPENDITURE OUTLAY IN 2022-23 TO BE

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NEW LEGISLATION TO REPLACE SPECIAL ECONOMIC ZONES ACT

NEW LEGISLATION TO REPLACE SPECIAL ECONOMIC ZONES ACT

🕔14:47, 1.Feb 2022

WORLD-CLASS FOREIGN UNIVERSITIES IN GIFT CITY TO OFFER COURSES, LARGELY FREE FROM DOMESTIC REGULATIONS INTERNATIONAL ARBITRATION CENTRE TO BE SET UP IN GIFT CITY GIFT CITY TO FACILITATE SERVICES FOR GLOBAL CAPITAL FOR SUSTAINABLE & CLIMATE FINANCE IN THE COUNTRY

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