Budget 2023: Not just local manufacturing, defence exports too have surged. Besides increased allocation, the centre is also expected to announce a PLI for defence and space research.
Budget 2022 was FM Sitharaman's shortest budget speech, which lasted one hour and 30 minutes. The minister delivered a paperless budget and read out her speech from a tablet.
The Uttar Pradesh government on Monday presented the supplementary budget for the financial year 2022-23 in the state assembly.
"As a policymaker at North Block, I will say windfall gains tax going is good for the economy," Tarun Bajaj said.
In a letter written to all ministries earlier this month, the Department of Economic Affairs (DEA), under the Ministry of Finance, said that while budget announcements should be implemented within the same financial year, it has been observed that some of them take longer, requiring closer monitoring.
These provisions may appear to be very regressive in the first instance and may discourage trading in VDAs. But the VDA framework across the globe is in its infancy and leaving this arena without control would be detrimental to the country
The bill aims to outlaw publishing of transaction-level information submitted to the customs department by businesses.
CNBC-TV18 has learnt from sources that both the government and the Reserve Bank of India are likely to be ready with the framework for issuing green bonds by the end of May.
The chief minister, who reached the Assembly with a bag made of cow dung, said that this budget was a strong attempt to realise Mahatma Gandhi’s dream of taking the benefits of welfare schemes of the government to the last person of the society
The finance Minister added that the budget also makes sure that the country is adequately endowed to celebrate when it attains 100 years of independence.
Start-up culture has taken deep roots in India: Over 90,000 tech firms were founded in the last 10 years across 700 towns. But less than a tenth of them received any seed funding
We sit down with our most popular smallcase managers to discuss this
While addressing a webinar on the positive impact of the Union Budget 2022-23 on Rural Development, PM Modi said that in the last seven years, his government made incessant efforts to improve every person and sector’s capability.
It will be the fourth budget of Gehlot's third tenure as the chief minister.
"There is a buzz in the market and there is interest for LIC IPO. We are going ahead with it," Sitharaman said, while adding that "we are equally worried if the market situation is conducive".
Finance Secretary T V Somanathan said the Centre provides for some "cross-cutting health infrastructure" and also spends on the Pradhan Mantri Jan Arogya Yojana, which helps people from lower strata of the society to access healthcare.
While the consequences of CBDCs on cryptocurrencies like Bitcoin and Ethereum are attracting widespread attention, it is the possible repercussions of CBDCs on the commercial banking system that could be far more disruptive
The current taxation laws have made ESOPs employee unfriendly. Many expected that Budget 2022 would remove these barriers; that has unfortunately not been the case
Budget 2022 has brought cheer to many fronts. Unfortunately, the issue of tax concession on foreign source dividend is not one of them
Budget 2022’s focus on the digital economy cuts across the Aspirational Districts Programme’s five socio-economic themes of health, education, agriculture, financial inclusion, and skill development
The former RBI governor, while sharing his opinion on Budget, said India should strengthen its democratic credentials and chart its own path by focusing on value-added services.
The working group will lay out the final objectives and definitions for the digital banking units and will aim for the units to be operational as early as July, a source said.
Most insiders in the crypto industry in India welcomed the Budget 2022 ruling which taxes crypto profits at 30 percent. How does this impact centralised exchanges like Wazir X? In this interview, Nischal Shetty, CEO of Wazir X, one of the largest centralised exchanges in India for cryptocurrencies, speaks to Moneycontrol's consulting editor, Rahul Jagtiani on the 30 percent ruling and the areas that need further clarification from the government. Watch the interview.
There is nothing in the budget which indicates that the national carrier is addressing its major handicap – having to spend over half of its earnings on staff costs and pensions
Union Minister Ramdas Athawale snapped back at Shashi Tharoor, correcting his spellings and rebuking him for dragging him into the tweet.