Page 6 - Latest Updates on Budget cycle
Budget 2022 may be work of restoration, but challenges for FM no less steep
Touch services like hospitality, leisure, tourism in desperate need of support
 "Budget 2022 may be work of restoration, but challenges for FM no less steep")
Mass transport awaits a green revolution: How FM can power up EV industry
Clean energy public transport is crucially dependent on the mechanics of financing
 "Mass transport awaits a green revolution: How FM can power up EV industry")
Banking on the budget with no surprises
The future of deposits will be an issue for banks. This year, quite ironically, banks have been happy with deposits not growing, as there were few avenues to lend, anyway
 "Banking on the budget with no surprises")
Stormy Budget session likely as Oppn to raise Pegasus, farmers' issues
Finance Minister Nirmala Sitharaman will present the Economic Survey 2021-22 on Monday and the Union Budget on Tuesday
 "Stormy Budget session likely as Oppn to raise Pegasus, farmers' issues")
Budget-making during recovery
The challenges before the coming Budget are more daunting than those in 2021
 "Budget-making during recovery")
WFH benefits and other Budget expectations of IT and startup sectors
With the 2022-23 budget nearing and the third wave of the pandemic in full force, the industry is hoping FM Nirmala Sitharaman will provide support for growth
 "WFH benefits and other Budget expectations of IT and startup sectors")
Budget 2022: Steep subsidy sums for food and fertiliser likely
Budget 2022: Subsidies have been a bugbear of the Indian economy for long
 "Budget 2022: Steep subsidy sums for food and fertiliser likely")
T V Somanathan to Debashish Panda: Meet FM's A-team behind Budget 2022
2021-22 will be another year when the Centre's divestment plans could fall short of the budgeted target
 "T V Somanathan to Debashish Panda: Meet FM's A-team behind Budget 2022")
Budget 2022: Farmers in need of a new deal, says ICRIER's Ashok Gulati
'Much of the agricultural policies in the past have focused on production', said Gulati
 "Budget 2022: Farmers in need of a new deal, says ICRIER's Ashok Gulati")
Bulking up IFSC: A wide-ranging expansion of its remit expected in Budget
FY23 will be aimed at making IFSC the centre to use rupee as a freely convertible currency
 "Bulking up IFSC: A wide-ranging expansion of its remit expected in Budget")
Budget 2022-23: CII seeks additional 1% CSR for Covid-19 boosters
The industry lobby group also said the Budget expected to focus on ways to strengthen economic recovery
 "Budget 2022-23: CII seeks additional 1% CSR for Covid-19 boosters")
Corporate tax this fiscal likely to exceed Budget Estimates by 19%
Direct, indirect tax revenues have been a bright spot for Centre in FY22
 "Corporate tax this fiscal likely to exceed Budget Estimates by 19%")
Union Budget 2022-23: Phasing out of some tax exemptions likely
FinMin also exploring the option of rationalising capital gains tax rates
 "Union Budget 2022-23: Phasing out of some tax exemptions likely")
Budget 2022-23: Govt likely to target 13-14% nominal growth in FY23
A faster growth projection may cause inflation concerns, say officials
 "Budget 2022-23: Govt likely to target 13-14% nominal growth in FY23")
Budget 2022-23: FY23 capital expenditure target may top Rs 6.5 trillion
During pre-Budget consultations, industry bodies and economists have advised the finance minister to keep the spending tap open
 "Budget 2022-23: FY23 capital expenditure target may top Rs 6.5 trillion")
Budget: Dept of Space allocated Rs 13,949 cr after a steep cut last year
Out of the allocated funds Rs 8,228 crore have been earmarked for capital expenditure
 "Budget: Dept of Space allocated Rs 13,949 cr after a steep cut last year")
Rs 1,117 cr relief to TN farmers affected by crop loss in January
The Tamil Nadu government will provide Rs 1,116.97 crore as input relief to about 11,43,000 farmers across the state
 "Rs 1,117 cr relief to TN farmers affected by crop loss in January")
Agri Ministry gets 5.63% more budget for FY22; half of it for PM-Kisan
The Agriculture and Farmers' Welfare Ministry has got 5.63 per cent more budget allocation at Rs 1.31 trillion
 "Agri Ministry gets 5.63% more budget for FY22; half of it for PM-Kisan")
Govt to launch Jal Jeevan Mission for tap water connections in urban areas
Finance Minister Nirmala Sitharaman on Monday announced that the Jal Jeevan Mission (urban) will be launched
 "Govt to launch Jal Jeevan Mission for tap water connections in urban areas")
Enhanced Rs 1.18 trillion outlay for highways, projects to speed up: FM
Sitharaman on Monday said execution of flagship highways corridors as well as projects are bound to speed up
 "Enhanced Rs 1.18 trillion outlay for highways, projects to speed up: FM")
