The privatisation process of state-owned oil marketing company Bharat Petroleum Corporation has reached its second stage, the Parliament was informed on Tuesday. New Delhi, March 23 (IANS) The privatisation process of state-owned oil marketing company Bharat Petroleum Corporation has reached its
Chennai, Feb 8 (IANS) The paid up capital of the Life Insurance Corporation of India (LIC) stands at Rs 6,324.99 crore as on December 31, 2021, said Bhagwat Karad, Minister of State for Finance. In a written reply to a question
New Delhi, Feb 3 (IANS) The Union Budget 2022-23, presented by Finance Minister Nirmala Sitharaman, has seen a raise of 44 per cent in the allocation for the Ministry of Fisheries, Animal Husbandry, Dairying, at Rs 6,407.31 crore, officials said on
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
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
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
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’
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
New Delhi, Feb 2 (IANS) Union Finance Minister Nirmala Sitharaman on Tuesday dismissed claims that the Narendra Modi government had not done anything for job creation, despite the impact of the Covid pandemic. “I would definitely like to speak on the
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
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
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
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
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
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
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
Guwahati, Feb 2 (IANS) The northeast region chapter of the Federation of Indian Chambers of Commerce and Industry (FICCI) on Tuesday, welcomed the Union Budget presented in the Parliament by Finance Minister Nirmala Sitharaman for focusing on infrastructure, and said that
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
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
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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