Budget 2022

Budget 2022: Necessary To Make Investment in Pharma Sector More Attractive

Budget 2022: Necessary To Make Investment in Pharma Sector More Attractive

Every sector has many expectations from the Union Budget. A pre-Budget survey shows a growing demand for making investments in the pharmaceutical industry more attractive. According to the Grant Thornton India Survey, most of the people surveyed said that the government should increase spending in the PLI scheme with a focus on bio-pharmaceuticals and medical …

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Budget 2022: Proposal to make GST tribunal in the budget, Finance Minister can make a big announcement

Budget 2022 May Propose Creating wGST Tribunal: Only three days are left for the presentation of the country’s budget. There is also a proposal to set up a GST tribunal in this budget. The government is considering the creation of a Goods and Services Tax Appellate Tribunal (GSTAT) for speedy resolution of indirect tax litigations, …

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Budget 2022: Budget Should Be Focused On Boosting Consumption, Tax Exemption And Cheap Fuel Prices

Budget 2022: Budget Should Be Focused On Boosting Consumption, Tax Exemption And Cheap Fuel Prices

Only a few days are left for the presentation of the budget 2022. From common man to industries, all have high hopes from the Finance Minister. However, in the report of rating agency India Ratings, the government has also told the need to make some special provisions in the budget. According to the news of …

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Budget expected to boost growth, focus on fiscal consolidation: BoB report

In its latest economic research report released on Friday, Bank of Baroda (BoB) said the Union Budget for fiscal year 2022-23 will focus on boosting growth, achieving fiscal consolidation and boosting consumption.  are supposed to. The report also said that there may be some changes in tax concessions in the budget, while more allocation may …

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7th Pay Commission: Good News for Central Employees! Two lakh rupees can come in the account

There is good news for central government employees and pensioners.  An increase in Dearness Allowance (DA) of central employees may be announced soon.  Along with this, a big announcement can also be made on their outstanding DA of 18 months.  If this happens, then up to Rs 2 lakh can come in the account of …

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Budget 2022: Broken tradition of Halwa ceremony, Finance Minister distributed sweets, no budget printing work, see the reason

Finance Minister Nirmala Sitharaman will present the general budget on February.  This time the budget will be completely paperless.  At the same time, due to the release on the iPad, this time the pudding making ceremony has not been done.  In fact, this year, due to lack of budget printing work, the Halwa ceremony has …

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Govt “Union Budget Mobile App” to provide easy and quick access to Union Budget information to all stakeholders

Union Budget 2022-23 to be presented on 1st February, 2022 in Paperless form To mark the final stage of Union Budget making process, sweets provided to core staff due for “lock-in” at their work workplace instead of Halwa ceremony due to ongoing Pandemic and health safety concerns Union Budget 2022-23 will be available on Mobile …

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7th Pay Commission: Good news for government employees, DA-DR increased, know how much salary will increase

7th Pay Commission: There is good news for government employees.  His salary has increased because DA-DR has been increased.  The government has also announced this.  According to the announcement made by the government, the Dearness Allowance has been increased by 3 percent, then the contribution of NPS i.e. New Pension Scheme for pensioners has been …

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Budget 2022: The budget to revive the startup sector that has been facing challenges for two years, put these demands in front of the government

Due to the Corona epidemic, almost all sectors from health-education to startups have been affected.  The startups of the country have faced huge challenges in the last two years.  Most of the funds ran out, many entrepreneurs had to grapple with multiple tax woes and some had to shut down their operations.  Now everyone’s eyes …

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Budget 2022: There will be a new announcement on bank privatization, less hope of financial help to banks in the budget

This will be the first year for the Modi government after coming to power in May 2014, when the condition of the country’s banking sector is looking good.  Despite Corona, the profit of public sector banks has been increasing continuously for the last three quarters, the bad debt (NPA) situation is seen to be under …

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Budget 2022: Finance Minister Nirmala Sitharaman will present her fourth budget, a big announcement is possible on these 13 major issues

Only a week is left for the general budget of the country to come. Union Finance Minister Nirmala Sitharaman will present the budget on 1 February 2022. While this will be the 10th budget of the Modi government after coming to power in 2014, Sitharaman’s fourth budget as finance minister. This budget is expected to …

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Budget 2022: Raghuram Rajan’s suggestion to the government before the budget, 6 weaknesses have to be removed for strong economic growth

Former RBI Governor Raghuram Rajan has suggested to the government before the budget 2022 for strong economic growth. He said that there are some dark spots along with bright spots in the Indian economy. These weaknesses will have to be overcome for a strong recovery in the economy recovering from the epidemic. Rajan, who kept …

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These are all the demands from the Finance Minister, read what the industry wants in 11 points

India is the fastest recovering country among major economies this year. Finance Minister Nirmala Sitharaman will need incentives to maintain the pace of recovery. In the next month, the elections of 5 states and the new variant of Kovid Omicron is posing a challenge to them. These are the 11 expectations from Sitharaman’s February budget …

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Brainstorming on new social security scheme, money will be transferred in the accounts of these people, Modi government’s plan

Business Desk, Budget 2022: The Modi government at the Center is moving fast on a welfare scheme. Under this scheme, work will be done to make the schemes implemented in the country practical for the poor and deprived sections. For this, smart paper work will be done to benefit the beneficiaries. According to the Livemint …

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The scope of investment in National Pension Scheme may increase in Budget 2022, common taxpayers expect tax relief

On February 1, Finance Minister Nirmala Sitharaman will present the Budget 2022 in Parliament. In this budget, the common taxpayers of the country are expected to get a lot of relief from the government. It is expected that in this year’s budget, the government will increase the scope of 80C along with increasing the exemption …

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Thinking Of Buying Bike- Scooty? Know This Important News Before Budget 2022-23

Thinking Of Buying Bike- Scooty? Know This Important News Before Budget 2022-23

The budget of the country (Budget 2022) is about to come. Every small and big businessman expects relief for himself from the government in the budget. People suffering from Corona’s beating want convenience and concessions in the budget. The two-wheeler industry is also waiting for something similar. That is to say, if the central government …

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Expectations For Corporate Sector From Union Budget 2022-23

Expectations For Corporate Sector From Union Budget 2022-23

As Finance Minister Nirmala Sitharaman is scheduled to present the Budget for the financial year 2022-23 on 1st February 2022. The expectations from the Indian corporate sector in line with the stability of the Indian economy, positive growth, demand generation, job creation, incentives, lower tax rates etc. Few of them have been summarized below: (1.) …

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Budget 2022: Nikhil Kamat of Zerodha said, government should abolish STT to encourage new investors

Zerodha co-founder Nikhil Kamath: Zerodha co-founder Nikhil Kamat on Thursday requested the government to consider abolishing the securities transaction tax on equity trade in the Union Budget 2022. The Union Budget will be presented by Finance Minister Nirmala Sitharaman on February 1, 2022. “The move will give a boost to the capital markets by providing …

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Budget 2022: Government May Increase Limit Of Rs 2 lakh interest Exemption On Home Loan

Budget 2022-23: Government May Increase Limit Of Rs 2 lakh interest Exemption On Home Loan

Indian Banks Association (IBA) is also expecting as much relief to home buyers from the budget. IBA has demanded in front of Finance Minister Nirmala Sitharaman to increase the scope of interest subvention on home loan from Rs 2 lakh in the upcoming budget. It is expected that people buying a house through a home …

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Expectations For Individuals in Union Budget 2022-23

Expectations For Individuals in Union Budget 2022-23

The Finance Minister has committed to draw more attention towards demand generation, job creation, and stabilizing the Indian economy. These expectations highlight the loopholes, conflicts, and asymmetry within the provisions of the Income-tax Act, 1961 (“Act”) that needs to be looked into and considered in the coming budget to bring clarity in the law and …

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Budget 2022: Industry is Demanding To Abolish Commodity Transaction Tax (CTT)

Budget 2022: Industry is Demanding To Abolish Commodity Transaction Tax (CTT)

In the 2013 budget, CTT i.e. Commodities Transaction Tax was imposed on commodity futures trading. Every year the industry demands its removal, but so far only disappointment has come. Industry believes that not only has there been a huge drop in volumes due to the imposition of transaction tax, but also big corporates have started …

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