The Union Budget is critical for maintaining the economic advancements of the country. As guided by Article 112 of the Constitution of India, the central government must present a yearly budget before the beginning of the financial year. The Union Budget 2023 is significant for various reasons. It will be the last full-fledged budget before …
Transcript : Hello Everyone! The third budget of this Government is coming up in a few days & we expect it to be a key event for the Markets. So let’s see, how you as an investor can benefit from it. We expect this Govt. to continue its focus on Infrastructure, Defence & Housing sectors. …
In Budget 2022, Finance Minister Nirmala Sitharaman proposed to extend the scope of bonus stripping to include share transactions under the umbrella. This will disallow the investors from setting off the derivatives market profits with cash market losses. The step has been taken to plug the loophole that was being taken advantage of by many …
On February 1, Finance Minister Nirmala Sitharaman will introduce the Union Budget 2022. The Budget is likely to have a supporting and enabling role in the ongoing third wave of the pandemic. Last year, the majority of Dalal Street’s sectors managed to provide investors with a respectable quantity of solid returns. Experts are positive on …
The budget for Indian Railways is set to be presented alongside the general budget on Tuesday, 1 February 2022. Evidently, financial years 2021 and 2022 witnessed a sharp decline in economic activities due to the pandemic. As a result, a comparison between targets set for the previous years with the upcoming fiscal year will not …
The Foreign Trade Policy (FTP) is an important element in the Union Government’s strategy to promote India’s export growth. The purpose behind this policy is to create a healthy environment for the country’s businesses to thrive. The FTP aims to support the country’s economic growth by making foreign trade a major contributor. The FTP has …
Back in 2014, when Finance Minister Arun Jaitley presented his Union Budget, he mentioned that Budget proposals were only a stepping stone towards the continued growth of 7-8% in the upcoming 3-4 years. Other factors would also contribute to macroeconomic stabilization, apart from the budget proposals. These secondary factors are: Lower inflation levels A manageable …
The rise in the Center’s interest burden is expected to continue in the FY 2022-23. Initially, it was pushed up by a large amount of borrowings during the course of the Covid-19 pandemic in FY 2021-22. In the current fiscal year, which is 2021-22, the estimated budget of the interest payment on the central government’s …
Finance Minister Nirmala Sitharaman, during her Budget speech of 2020, introduced a new income tax regime to make the assessment process easy for the taxpayers and the administrators. The FM highlighted various exemptions and deductions in the Income Tax Act, which make it difficult for the taxpayers to comply with. It was also pointed out …
According to sources, the budget session 2022 of Parliament will begin on Monday, January 31, 2022, with President Ram Nath Kovind addressing both chambers. The session will be split into two halves, with the first ending on February 11 and the second on February 18. Part two of the session, which will begin on March …
