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  India imposes 30% tax on income from cryptocurrency, digital assets; 1% TDS on buy/sale

  February 01, 2022 13:54 IST

  The tax proposals will come into effect from April 1 after the passage of the Union Budget in Parliament.

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  Budget 2022: Income tax slabs unchanged

  February 01, 2022 13:52 IST

  Ahead of the Budget, taxpayers were expecting the announcement of changes in Income Tax slabs and rates.

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  Budget 2022: At 1 hour, 30 minutes, Nirmala Sitharaman delivers shortest Budget speech

  February 01, 2022 13:32 IST

  Sitharaman, who also made the second paperless budget presentation as she read the speech from a tab, also quoted a verse from Mahabharat's Shanti Parva.

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  Budget 2022: FM Sitharaman highlights 7 engines to drive PM Gati Shakti

  February 01, 2022 14:30 IST

  The Gati Shakti - National Master Plan for Multimodal Connectivity was launched by Prime Minister Narendra Modi in October, last year. Gati Shakti -- a digital platform -- aims to bring 16 Ministries including Railways and Roadways together for integrated planning and coordinated implementation of infrastructure connectivity projects.

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  Budget 2022: It is betrayal of salaried, middle classes, says Congress

  February 01, 2022 13:44 IST

  Congress general secy and chief spokesperson Randeep Surjewala said the salaried and the middle classes have been affected due to pay cuts and high inflation.

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  Budget 2022: New battery swapping policy to be introduced to boost electric vehicles

  February 01, 2022 16:27 IST

  Finance Minister Nirmala Sitharaman said considering the constraint space in urban areas for setting up electric vehicles charging stations, a battery swapping policy will be introduced.

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  Budget 2022: National Tele Mental Health program to be launched soon, says Sitharaman

  February 01, 2022 14:12 IST

  Presenting the Union Budget, Sitharaman said that the overall sharp rebound and recovery of the economy is reflective of India's strong resilience.

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  Budget 2022: Govt committed to reduce imports in defense sector, says FM Sitharaman

  February 01, 2022 12:55 IST

  FM Sitharaman said that 68 pc of capital for the defence sector would be earmarked for the local industry.

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  Budget 2022: PLI scheme may generate 60 lakh jobs in next 5 years

  February 01, 2022 12:53 IST

  The PLI scheme covers key sectors like pharmaceuticals, medical devices, large-scale electronics manufacturing, food products, solar EV modules, automobiles/auto components, ACC battery, textile products etc.

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  India to have its own Digital Currency: What FM said in her Budget speech

  February 01, 2022 14:02 IST

  Sitharaman had replaced her signature 'bahi khata', last year. Today, she opted to carry the documents in a tablet, which was wrapped in a red-coloured cover.

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  Budget 2022: Tax deduction hiked from 10% to 14% on NPS accounts

  February 01, 2022 13:07 IST

  Announcing income tax-related changes, Sitharaman said, "to provide an opportunity to correct an error, taxpayers can now file an updated return within 2 years from the relevant assessment year."  

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  Budget 2022: Govt to promote Kisan Drones, chemical-free natural farming in 2022-23

  February 01, 2022 12:24 IST

  The activities of these start-ups will include inter-area support for farmer-producer organisations (FPOs), machineries for farmers on a rental basis at the farm level and technology including invitee base, Sitharaman said.

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  Budget 2022: All 1.5 lakh post offices in India to be connected to core banking system

  February 01, 2022 12:13 IST

  Currently, post offices provide savings account services and payments bank services through the India Post Payments Bank.

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  Budget 2022: National Highways to be expanded by 25,000 km in 2022-23, says FM Sitharaman

  February 01, 2022 12:09 IST

  Sitharaman announced this while presenting the 2022-23 Budget in Parliament. She also said multimodal logistic parks will also be set up in 2022-23.

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  Budget 2022: ECLGS scheme to be extended till Mar 2023, says Finance Minister Sitharaman

  February 01, 2022 14:04 IST

  "ECLGS scheme to be extended till March 2023 and guarantee cover expanded by Rs 50,000 to Rs 5 lakh crore," the finance minister said.

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  Budget 2022: Sitharaman announces 400 new generation Vande Bharat trains during next 3 years

  February 01, 2022 11:55 IST

  National highways will be extended by 25,000 km during 2022-23, and the PM Gati Shakti for road transport master plan will be finalised in 2022-23, Sitharaman said today.

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  Budget 2022: Big private investment in infra would be guided by Gati Shakti, says Sitharaman

  February 01, 2022 11:49 IST

  National Asset Reconstruction Co Ltd (NARCL) has commenced its activity, Sitharaman added.

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  Budget 2022: Here are the major takeaways

  February 01, 2022 12:59 IST

  Finance Minister Nirmala Sitharaman is presenting the Union Budget for the year 2022-23 in Parliament today.

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  Budget 2022: Sharp rebound, recovery of economy reflective of India's resilience, says Sitharaman

  February 01, 2022 11:29 IST

  Before the presentation, a Union Cabinet meeting was held which approved the Budget 2022-23.

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  Budget 2022: What gets cheaper, what's costlier

  February 01, 2022 17:30 IST

  The Budget documents usually include the finance minister’s speech in Parliament, highlights, annual financial statement, finance bill containing tax proposals, memorandum explaining the provisions in the financial bill, and macroeconomic framework statement.

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  Budget for world's fastest growing economy: Key numbers to be watched

  February 01, 2022 10:58 IST

  Sitharaman, who had in her first budget in 2019 replaced leather briefcase -- which had been in use for decades for carrying budget documents -- with a traditional red cloth 'bahi-khata', has spurt in tax collections to her aid in the budget that is expected to a spend-all budget.

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  Commercial LPG cylinder prices slashed by Rs 91.50 | Check new rates

  February 01, 2022 10:34 IST

  In some relief for consumers, 19 kg commercial cylinder will cost Rs 1907 in Delhi from today. While the non-subsidized (14.2 kg) Indane domestic cylinder in Delhi will be available at ₹899.50.

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  Centre collects Rs 1,38,394-crore gross GST revenue for January 2022

  February 01, 2022 10:34 IST

  Of the total revenue collected, CGST is Rs 24,674 cr, SGST is Rs 32,016 cr, IGST is Rs 72,030 cr and cess is Rs 9,674 cr.

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  Budget 2022: Sitharaman dons rusty brown saree; takes digital tab in red pouch

  February 01, 2022 10:53 IST

  For the uninitiated, the Union Finance Minister's love for subtly elegant handloom and silk sarees is well known, and hence, it's reasonable to assume that her sartorial choices are what distinguishes her appearance.

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  'Opposition has no views on economy': Chidambaram slams parties over Economic Survey

  February 01, 2022 9:49 IST

  Taking a dig at the government, he said that it took two years "to go back to where we were on March 31, 2020."

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  Sensex surges over 600 points ahead of Budget, Nifty above 17,500

  February 01, 2022 10:24 IST

  Equity benchmarks notched up solid gains on Tuesday ahead of the presentation of the Union Budget 2022-23.

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  Over 2 cr houses sanctioned, 1.69 cr completed under PMAY-G till January

  February 01, 2022 10:53 IST

  Under the Pradhan Mantri Gram Sadak Yojana (PMGSY), a total of 1,82,506 roads measuring 7,82,844 km and 9,456 long span bridges (LSBs) have been sanctioned and 1,66,798 roads measuring 6,84,994 km and 6,404 LSBs have been completed till January 18, 2022, the SUrvey noted.

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  Budget 2022: Focus on infra, jobs, connectivity as FM provides booster dose for 'Naya Bharat'

  February 01, 2022 20:57 IST

  Finance Minister Nirmala Sitharaman said that overall, sharp rebound and recovery of the economy is reflective of our country's strong resilience. India's economic growth in the current year is estimated to be 9.2 per cent, the highest among all large economies.