Budget 2022 Live Updates: Record Capex, Tax on Crypto & No Income Tax relief for middle class

Budget 2022 Live Updates: Record Capex, Tax on Crypto & No Income Tax relief for middle class

India Budget 2022 Live News Updates: Finance Minister Nirmala Sitharaman presented her fourth Union Budget. Catch all the updates, key points and analysis live on Editorji.

Feb 01, 2022 10:42 IST

Finance Ministry on Budget 2022

Finance Ministry: Talks and discussion regarding taxation ongoing w.r.t  inclusion of India’s sovereign bonds in global bond indices
 

Feb 01, 2022 10:32 IST

FM: Crypto is not a currency

FM Nirmala Sitharaman: Currency is only recognised if RBI issues it, anything that prevails outside it are virtual assets.
FM: Cryptos are not currencies, by definition a currency has to be issued by the central banker

Feb 01, 2022 10:26 IST

FM explains Budget 2022

FM Nirmala Sitharaman: We are confident of achieving Budget numbers.

FM: Disinvestment targets are realistic.

Feb 01, 2022 10:02 IST

PM to speak on Budget 2022 at 11 am tomorrow

Feb 01, 2022 09:46 IST

PM Modi on Budget 2022

Youth and middle class will benefit greatly from Digital Currency, Digital Banking, NHM ecosystem: PM Modi

Feb 01, 2022 09:45 IST

PM Modi on Budget 2022

PM Modi: Budget will boost natural farming on the banks of Ganga in Uttarakhand, UP, West Bengal, Jharkhand and Bihar. It will also help the clean Ganga mission

Feb 01, 2022 09:42 IST

PM Modi on Budget 2022

PM Modi: Welfare of the poor is an important aspect of the Budget

Feb 01, 2022 09:41 IST

PM Modi on Budget 2022

PM Modi: Budget has been received well from all sectors and sections

Feb 01, 2022 09:41 IST

PM Modi on Budget 2022

PM Modi: Budget has been received well from all sectors and sections

Feb 01, 2022 09:39 IST

PM Modi on Budget 2022

PM Modi: Budget full of possibilities for more investment and jobs

Feb 01, 2022 08:18 IST

Rahul Gandhi: Zero Sum Budget

Feb 01, 2022 08:01 IST

FM Nirmala Sitharaman on Budget 2022

Feb 01, 2022 07:57 IST

Mamata: Budget has zero for common people

Budget has 'zero' for common people, government lost in 'big words signifying nothing': West Bengal CM Mamata Banerjee

Feb 01, 2022 07:56 IST

Amit Shah calls Budget 2022 "visionary"

Feb 01, 2022 07:44 IST

Opposition says Budget a damp squib

Shashi Tharoor: Nothing for the Aam Aadmi in Union Budget. It was a damp squib

Feb 01, 2022 07:34 IST

Budget 2022: Big Numbers

30%: The tax on virtual assets (crypto)
Rs 7.5 lakh crore: Capital expenditure estimated for FY'23
35%: The record rise in capital expenditure
6.4% Fiscal Deficit target for FY'23
2.37 Lakh Cr MSP for 163 lakh farmers for grain procurement

Budget 2022: Big Numbers
Feb 01, 2022 07:11 IST

Duty cut on diamonds

Customs duty on cut & polished diamonds, gems to be reduced to 5%

Feb 01, 2022 07:35 IST

Budget 2022: Five Key Takeaways

No change in personal tax slabs or rates
Crypto tax: Virtual assets to be taxed at 30%
RBI to roll-out Digital Rupee this year
Long Term Capital Gains to be capped at 15%
Record high capital expenditure at Rs 7.5 lakh crore

Budget 2022: Five Key Takeaways
Feb 01, 2022 06:53 IST

Taxation on crypto

Virtual digital assets to be taxed at 30%, no deduction allowed.
Loss can't be set-off against any other gain.
Gifting of Virtual Digital Asset to be taxable too.

Taxation on crypto
Feb 01, 2022 06:49 IST

Budget 2022: Big Boost for investors

Big Boost for investors: Long term capital gains capped at 15%.
Boost for business: Corporate surcharge to be reduced from 12% to 7%

Feb 01, 2022 06:48 IST

Budget 2022: Tax incentive for Start-ups

Tax breaks for eligible start-ups to be extended by one more year up to FY23

Feb 01, 2022 06:46 IST

Budget 2022: Taxation on crypto

Taxation on crypto:
Transfer of any virtual asset to be taxed at 30%
Gains/losses from virtual assets can not be offset

Feb 01, 2022 06:40 IST

Budget 2022: Bonanza for Co-operatives

Tax on co-op societies down to 15%, in-line with corporate tax rate
 

Feb 01, 2022 06:39 IST

Budget 2022:Income Tax Reform

Income Tax Reform: 2 year window provided to file revised Returns for 'missed' or 'overlooked' income

Feb 01, 2022 06:36 IST

Budget 2022: Fiscal Deficit

Fiscal Deficit in FY'22 at 6.9%, For FY'23 seen at 6.4%

Feb 01, 2022 06:35 IST

Budget 2022: Support for States

Support for States: Budget allocate Rs 1 lakh cr capex assistance to states in FY23, up from 15,000 cr in FY22

Feb 01, 2022 06:32 IST

Digital Rupee to be introduced this year

FM: Digital Rupee to be rolled out by RBI this year
FM: RBI to roll out digital currency using blockchain

Feb 01, 2022 06:31 IST

Budget 2022: Digital Currency

Digital Currency: Proposed to introduce Digital Rupee using blockchain in FY'22
 

Feb 01, 2022 06:26 IST

Capital Expenditure target for FY'23 at Rs 7.5 lakh crore

Capital Expenditure target for FY'23 at Rs 7.5 lakh crore, marks a 35% hike

Feb 01, 2022 06:20 IST

Budget 2022: SEZ revamp coming

Special Economic Zones Act to be replaced with new legislation. It will cover the existing industrial enclaves and enhance the competitiveness of exports.

Feb 01, 2022 06:19 IST

Focus on Digital India

Digital India: Required spectrum auction for 5G rollout to be conducted in FY22-23.
Digital India: Contracts for laying optical fibres via PPP mode will be awarded in FY23

Feb 01, 2022 06:19 IST

Focus on Digital India

Digital India: Required spectrum auction for 5G rollout to be conducted in FY22-23.
Digital India: Contracts for laying optical fibres via PPP mode will be awarded in FY23

Feb 01, 2022 06:15 IST

Kisan Drones to be promoted for crop assessment

Farm Focus: Use of Kisan Drones to be promoted for crop assessment, digitization of land records, spraying of insecticides and nutrients

Feb 01, 2022 06:15 IST

Boost for Electric Vehicles

Boost for EV: Will develop special mobility zones for Electric vehicles
Boost for EV: Battery swapping policy will be announced soon

Feb 01, 2022 06:07 IST

E-Passports will be rolled out this year

E-Passports will be rolled out this year, e-passports to have digital chip embedded, says FM Nirmala Sitharaman

Feb 01, 2022 06:05 IST

200 TV channels for e-learning

PM E-Vidya scheme to be expanded to 200 TV channels. to help states to provide supplementary education in all regional languages 

Feb 01, 2022 06:03 IST

Budget 2022: Drone Shakti

Startups will be promoted to facilitate 'Drone Shakti' through varied applications for drones as a service: FM Nirmala

Budget 2022: Drone Shakti
Feb 01, 2022 06:01 IST

Budget 2022: Rs Rs 48,000 cr allocated for housing projects

Rs 48,000 cr allocated towards housing projects under PM housing scheme 

Feb 01, 2022 06:01 IST

Budget 2022: Jal Shakti Mission

Rs 60,000 cr allocated for tap water allocation across 3.8 cr households: FM Nirmala Sitharaman

Feb 01, 2022 05:58 IST

Budget 2022: 'Drone Shakti' in focus

Startups will be promoted to facilitate 'Drone Shakti' through varied applications for drones as a service: FM Nirmala
 

Feb 01, 2022 05:58 IST

Boost for industry in Budget 2022

Boost for industry: Total cover under ECLGS scheme now at Rs 5 lakh crore

Feb 01, 2022 05:54 IST

ECGLS scheme extended to 2023

ECGLS scheme extended to 2023, Scheme provides 100% guarantee coverage to Banks and NBFCs to extend emergency credit facilities
 

Feb 01, 2022 05:53 IST

Four pillars of Union Budget 2022

Budget to focus on 4 pillars: productivity, climate action, financing investments & PM Gati Shakti plan, says FM Nirmala

Four pillars of Union Budget 2022
Feb 01, 2022 05:51 IST

Four pillars of Union Budget 2022

Budget to focus on 4 pillars: productivity, climate action, financing investments & PM Gati Shakti plan, says FM Nirmala

Feb 01, 2022 05:50 IST

FM on farm produce procurement

1208 lakh MT of wheat & paddy to be procured; Rs 2.37 lakh cr direct payment of MSP to farmers accounts: FM Nirmala 
 

Feb 01, 2022 05:49 IST

FM: Chemical-free farming will be promoted,

Budget 2022: Chemical-free farming will be promoted, project will kick-off along banks of Ganga.
Boosting Millet production will be a priority, focus on millet farming

Feb 01, 2022 05:47 IST

60 lakh jobs will be provided in 5 years: FM

Budget 2022: Finance Minister Nirmala Sitharaman says govt will provide 60 lakh jobs in 5 years. She adds that pace of Covid-19 vaccination has helped economy

Feb 01, 2022 05:45 IST

Railways lines focussed for MSMEs and small farmers

Railways will develop lines focussed for MSMEs and small farmers: FM

Feb 01, 2022 05:42 IST

Gati Shakti master plan for expressways to be formulated this fiscal: FM

Gati Shakti master plan for expressways to be formulated this fiscal: FM

Budget 2022 sets foundation for the next 25 years: FM

Feb 01, 2022 05:40 IST

FM: Financing Investments focus of the budget

FM: In a strong position to withstand challenges, on course for strong growth.

PM Gati Shakti, Productivity enhancement, Financing Investments focus of the budget

Feb 01, 2022 05:37 IST

Budget for the middle class: FM Nirmala

FM Nirmala Sithraman says it's a Budget for the middle class. Budget builds on tenets put together in Budget 2021

Feb 01, 2022 05:35 IST

India's economic growth in FY'22 to be at 9.22%

FM:In a strong position to withstand challenges, on course for strong growth
India's economic growth in FY'22 to be at 9.22%

Feb 01, 2022 05:34 IST

FM: India's economic growth in FY'22 to be at 9.22%

FM:In a strong position to withstand challenges, on course for strong growth
India's economic growth in FY'22 to be at 9.22%

Feb 01, 2022 05:12 IST

Union Budget: Great Expectations

Union Budget: Great Expectations
Feb 01, 2022 05:10 IST

Union Cabinet approves Budget 2022-23

Feb 01, 2022 04:51 IST

Home Minister Amir Shah, Defence Minister Rajnath Singh reach Parliament ahead of Budget

Feb 01, 2022 04:43 IST

Nifty up 200 points ahead of Budget

Nifty up 200 points ahead of Budget
Feb 01, 2022 04:33 IST

FM Nirmala Sitharaman arrives at Parliament to present Union Budget

FM Nirmala Sitharaman arrives at Parliament to present Union Budget
Feb 01, 2022 04:25 IST

How long will this Budget speech by FM Nirmala Sitharaman be?

How long will this Budget speech be? Nirmala Sitharaman's past Budget speeches:
2021 - 1 Hour 40 Mins
2020 - 2 Hrs 42 Mins
2019 - 2 Hrs 15 Mins

Feb 01, 2022 04:15 IST

FM Nirmala meets President Kovind ahead of Budget

Union Finance Minister Nirmala Sitharaman along with Ministers of State for Finance, Dr Bhagwat Kishanrao Karad, Pankaj Chaudhary, and senior officials of the Ministry of Finance, called on President Ram Nath Kovind before presenting the Union Budget 2022-23.

FM Nirmala meets President Kovind ahead of Budget
Feb 01, 2022 03:45 IST

Markets ahead of Budget

Nifty opens above the 17,500 mark. Strong start for the market Sensex soars 650 points ahead of Budget

Feb 01, 2022 03:42 IST

FM Nirmala Sitharaman arrives at the Ministry of Finance

Union Finance Minister Nirmala Sitharaman arrives at the Ministry of Finance. She will present the Budget 2022 today in Parliament.

FM Nirmala Sitharaman arrives at the Ministry of Finance
Feb 01, 2022 03:05 IST

Budget countdown: Team arrives at North Block

MoS Finance Pankaj Chaudhary and Bhagwat Karad arrive at the Ministry of Finance. 

Budget countdown: Team arrives at North Block
Feb 01, 2022 03:08 IST

Govt's appeal to opposition ahead of Budget

PM Modi expects that every group - be it the ruling side or the Opposition - should sit together and listen to the presenting of the Budget and cooperate: MoS Finance Bhagwat Karad

Govt's appeal to opposition ahead of Budget
Feb 01, 2022 02:51 IST

Subsidy spend seen at a record high this Budget

Finance Minister Nirmala Sitharaman will probably increase the budget by about 14% year-on-year to Rs 39.6 lakh crore ($527 billion) for the upcoming fiscal year

Feb 01, 2022 02:49 IST

Crypto confusion continues

Crypto Bill not listed for Budget Session of Parliament. Govt continues to garner consensus 

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