Union Budget 2022: Tax deduction limit on employer’s contribution to NPS a/c of State govt employees hiked from 10% to 14%
FM Sitharaman announced parity between employees of State and Central government by hiking Central Government contribution to the National Pension System (NPS) Tier-I.
Feb 01, 2022, 13:27 PM IST
Budget 2022: Sensex surges 879.62 points, Nifty rises 234.70 points on budget announcements
Sensex and Nifty extended their gains and were trading over 800 points and 200 points higher, respectively, in mid-session deals on Tuesday.
Feb 01, 2022, 13:02 PM IST
Budget 2022: Existing tax benefits for Startups to be extended by one more year, says FM Sitharaman
Nirmala Sitharaman, the Finance Minister, has announced a 30% tax on the revenues of virtual/digital assets.
Feb 01, 2022, 13:02 PM IST
KAWACH anti-collision technology to cover 2000 km of rail network, prevent accidents
"As a part of Atmanirbhar Bharat, 2,000 km of rail network will be brought under the indigenous world-class technology KAWACH in 2022-23," Nirmala Sitharaman said.
Feb 01, 2022, 12:52 PM IST
Budget 2022: GST collections in Jan 2022 at Rs 1,40,986 crores highest since GST’s inception
Sitharaman said that the gross GST collections for the month of January 2022 at Rs 1,40,986 crores are the highest since the inception of GST.
Feb 01, 2022, 12:48 PM IST
Union Budget 2022: No change in Income Tax slabs, revised ITR filing window now open for 2 years from AY
The Finance Minister however gave respite to people filing their revised Income Tax Return (ITR) by expanding the tax filing window.
Feb 01, 2022, 12:44 PM IST
Budget 2022: FM Sitharaman announces no change in income tax slab for individual taxpayers
Sitharaman made the announcement while presenting Budget 2022-23 in the Lok Sabha.
Feb 01, 2022, 12:36 PM IST
Budget 2022: Cryptocurrencies to be taxed at 30%, says FM Nirmala Sitharaman
In India, there is currently no legislation that governs, regulates, or restricts dealing in cryptocurrencies.
Feb 01, 2022, 12:28 PM IST
Budget 2022: Revised tax filing window to be open for two years from assessment year in case of less filing of tax
Sitharaman announced that the revised tax filing window will remain open for two years from the year of assessment in case of less filing of tax.
Feb 01, 2022, 12:14 PM IST
Digital rupee to be issued by RBI using blockchain and other technologies, says FM Nirmala Sitharaman
The digital rupee will be a digital depiction of an Indian rupee supported by the Reserve Bank of India (RBI).
Feb 01, 2022, 12:08 PM IST
Budget 2022: Battery swapping policy for electric vehicles will be framed soon
Finance Minister Nirmala Sitharaman has announced that a Battery Swapping Policy for electric vehicle charging in limited space will be framed soon.
Feb 01, 2022, 12:02 PM IST
Budget 2022: 100% of 1.5 lakh post offices will come on core banking system, says FM Nirmala Sitharaman
The government has projected growth at 8% to 8.5% compared with an estimated 9.2% for the current fiscal year and a 6.6% contraction the previous year.
Feb 01, 2022, 12:02 PM IST
Budget 2022: 60,000 houses will be identified as beneficiaries for PM Awas Yojana
Finance Minister Nirmala Sitharaman said that 60,000 houses will be identified as beneficiaries in rural and urban areas.
Feb 01, 2022, 12:00 PM IST
Digital university to be set up to provide education, says FM Nirmala Sitharaman
"Digital university to be set up to provide education; to be built on hub and spoke model," said FM Nirmala Sitharaman.
Feb 01, 2022, 11:59 AM IST
Budget 2022: e-Passports will be rolled out in 2022-23, says FM Nirmala Sitharaman
The passport jacket will include an electronic chip with vital security information encoded on it.
Feb 01, 2022, 11:47 AM IST
Budget 2022: 400 Vande Bharat trains, 100 PM Gati Shakti Cargo terminals to be developed in next 3 years
Finance Minister Nirmala Sitharaman also stated that implementation of innovative ways for building metro systems will be undertaken.
Feb 01, 2022, 11:45 AM IST
Budget 2022: Big boost for MSMEs as ECGLS benefits extended to March 2023
The Emergency Credit Line Guarantee Scheme (ECLGS) has been extended till March 2023.
Feb 01, 2022, 11:41 AM IST
Budget 2022 Key Announcements: RBI to issue blockchain-based Digital Rupee, announces FM Sitharaman
Finance Minister Nirmala Sitharaman is presenting the Union Budget 2022 in the Lok Sabha.
Feb 01, 2022, 11:24 AM IST
Budget 2022: FM Nirmala Sitharaman hails India’s Covid-19 vaccination drive, says it has ‘helped greatly’
“We are in the midst of the Omicron wave, the speed of our vaccination campaign has helped greatly. I am confident that ‘Sabka Prayaas’, we'll continue with strong growth,” said Nirmala Sitharaman.
Feb 01, 2022, 11:21 AM IST
PM Gati Shakti plan: National Highway network will be expanded by 25,000 kms
FM Nirmala Sitharaman has announced that under the PM Gati Shakti master plan, the government will expand the National Highway network by 25,000 kms in 2022-23.
Feb 01, 2022, 11:20 AM IST