Union Budget 2022 Live Updates: Top Announcements
Finance Minister Nirmala Sitharaman will be presenting her fourth budget today. Read the highlights here.
.#BudgetLive India's economic growth in current year is estimated to be 9.2%, highest among all large economies
– FM @nsitharaman #Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
.#Budget2022 FM says, “We aim to achieve this through, Macroeconomic growth focus + microeconomic welfare focus.Promoting #Digital economy, FinTech, Tech enabled devt., #EnergyTransition, #ClimateAction
Virtual cycle starting with public investment, crowding in pvt. invest.”— The Banking & Finance Post (@BFSIPost) February 1, 2022
#Budget2022 seeks to lay the foundation to support the economy over Amrit Kaal of next 25 years, from India at 75 to India at 100, continuing to build on the vision of #Budget2021
— The Banking & Finance Post (@BFSIPost) February 1, 2022
LIC IPO is expected shortly, announces FM Nirmala Sitharaman#NirmalaSitharaman #Budget2022 #LICIPO
— The Banking & Finance Post (@BFSIPost) February 1, 2022
.#BudgetLive | India's economic growth is estimated to be 9.2% for the current year, which is the highest among all large economies: FM @nsitharaman#UnionBudget2022#Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
.#BudgetLive | Data exchange among all-mode operators to be brought on Unified #Logistics Interface Platform, designed for API will enable, Efficient movement of goods, Reduce logistics costs and time Assist Just In Time inventory management, Eliminate tedious documentation
— The Banking & Finance Post (@BFSIPost) February 1, 2022
.#BudgetLive | 75 digital banking units to be set up by commercial banks #Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
.#BudgetLive | Issuance of E-passports will be ruled out in 2022-23 to enhance convenience for citizens: Finance Minister Nirmala Sitharaman #Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
.#BudgetLive | 1.5 lakh post offices to be connected to core banking, says Finance Minister #Budget2022 #NirmalaSitharaman
— The Banking & Finance Post (@BFSIPost) February 1, 2022
Fund to be facilitated through NABARD to finance #Startups for #Agriculture and rural enterprise, relevant for farm produce value chain
Startups will support FPOs, provide tech to #Farmers: FM#Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
Emergency Credit Line Guarantee, which has provided additional credit to MSMEs, extended till March '23
Guarantee cover to be expanded by Rs. 50,000 Cr. to a total cover of Rs. 5 lakh crores
Additional amount earmarked exclusively for hospitality, related sectors #Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
.#Digitalrupee to be issued using #blockchain and other technologies; to be issued by RBI starting 2022-23. This will give a big boost to the economy: FM Nirmala Sitharaman#Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
.#BudgetLive | Taxpayers can now file an updated return within 2 years from the relevant assessment year: FM #NirmalaSitharaman
— The Banking & Finance Post (@BFSIPost) February 1, 2022
Centre to allocate Rs 1 lakh cr to assist the states in catalyzing overall investments in economy, for For 2022-23:FM #Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
For Centre and States govt employees' tax deduction limit to be increased from 10% to 14%: FM Nirmala Sitharaman #Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
PM Awas Yojana | 48,000 crores allocated for completion of construction of 80 lakh houses under in rural and urban areas in the year 2022-23: FM Sitharaman #UnionBudget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
Corporate surcharge to be reduced from 12% to 7%:FM Nirmala Sitharaman#Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
FM proposes to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30%.#Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
.#BudgetLive | The gross #GST collections for the month of January 2022 are Rs 1,40,986 crores which is the highest since the inception of GST: Finance Minister Nirmala Sitharaman#Budget2022
— The Banking & Finance Post (@BFSIPost) February 1, 2022
