Page 7 of Budget Session

The benchmark stock market indices in India - Sensex and Nifty-50 - increased by 17.7 per cent and 18.1 per cent, respectively. (File)

Economic Survey 2022: India outperforms emerging market peers in April-December 2021

Among the select developed markets, S&P 500 index and NASDAQ Composite index recorded strong gains and rose by 20.0 per…

January 31, 2022 19:04 IST

The Economic Survey 2021-22 expects the economy to grow by 9.2 per cent during the current financial year, indicating a recovery to the pre-pandemic level. (File/PTI)

Time for contrition and change, not boasts and no change: Chidambaram on Economic Survey

Chidambaram said the Economic Survey repeats “ad nauseum” that at the end of 2021-22, the economy would have recovered to…

January 31, 2022 18:59 IST

Currently, there are no particular regulations or any ban on use of cryptocurrency in the country. (File/Reuters)

Budget 2022: Govt to take balanced view on cryptocurrency, says Principal Economic Adviser Sanjeev Sanyal

The Reserve Bank has also highlighted various issues, including financial stability impact of such virtual currencies.

January 31, 2022 18:54 IST

It is unclear if Sitharaman will tinker with income tax rates but there is an expectation that the exemption limit of Rs 2.5 lakh will be raised. (File)

Finance Minister Nirmala Sitharaman to boost budget spending to support economic growth

The Budget for the fiscal year starting April 1, 2022 is likely to raise spending on infrastructure to set the…

January 31, 2022 18:49 IST

Economic Survey 2022: Different indicators on employment bounce back after dipping in April-June 2020

The Economic Survey also analyses trends in urban employment using Employees Provident Funds Organisation (EPFO) payroll data.

January 31, 2022 18:33 IST

Permit requirement for electric vehicles has been removed, it added. (File)

Nearly 100 cities see improved air quality as govt takes steps to check pollution, says Economic Survey

About 86 per cent of fund has been allocated for demand incentive so as to create demand for electric vehicles…

January 31, 2022 18:27 IST

The government has budgeted fiscal deficit at 6.8 per cent of GDP in current fiscal ending March 2022. (File)

Economic Survey 2022: Rebound in tax mop up, govt’s agile fiscal approach make headroom for more fiscal support

With the revival of the economy, the Goods and Services Tax (GST) has emerged as a buoyant source of revenue…

January 31, 2022 18:10 IST

The NRP lays down the road map for capacity expansion of the railway network by 2030 to cater to growth up to 2050. (File)

Economic Survey 2022: Railways to see jump in allocation

The economy had contracted by 7.3 per cent in 2020-21 on account of impact of Covid and subsequent nationwide lockdowns…

January 31, 2022 17:54 IST

The government has specified that a SEZ unit facing domestic market will behave like a DTA entity whereas a SEZ unit facing international market will behave as a SEZ unit. (Representative image)

Budget may overhaul SEZ regulation

From easing selling to DTA buyers to introducing more support for zone developers, there is room for significant change.

January 31, 2022 17:44 IST

In April-November 2021, nearly 221 lakh individual demat accounts were added, the Economic Survey for 2021-22 noted. (File)

Economic Survey 2022: Retail participation in equity market rises on buoyant stock market

Market experts said that on an average, 4 lakh new demat accounts were opened every month in 2019-20, which increased…

January 31, 2022 17:33 IST

The Survey also stated that the bank credit growth stands at 9.2 per cent as of 31st December 2021. (File)

Economic Survey 2022: Banks weather economic shock of pandemic so far

Total net profit of PSBs increased from Rs 14,688 crore during the first half of 2020-21 to Rs 31,144 crore…

January 31, 2022 17:27 IST

Unlike growth, which is linear, capacity grows in surges (sawtooth curve) depending on project completion timelines. (File)

Economic Survey 2022: Next 10 years to see very high level of capex in railway sector

Post 2014, a conscious effort was made to improve the railway sector by substantially increasing the capex, according to Economic…

January 31, 2022 17:21 IST

union budget, budget 2022, nirmala sitharaman, finance minister, economic survey, parliament, budget session

When is Budget 2022? How to watch budget speech of Nirmala Sitharaman?

Budget 2022: The Budget will be presented on Tuesday, February 1, 2022 by Finance Minister Nirmala Sitharaman.

January 31, 2022 17:20 IST

The committee had recommended the adoption of the UNCITRAL with certain modifications to make it suitable to the Indian context. (File)

Economic Survey 2022 underlines need for standardised framework for cross border insolvency

The Insolvency & Bankruptcy Code (IBC) does not allow for automatic recognition of any insolvency proceedings in other countries.

January 31, 2022 17:15 IST

Now, 91.9 per cent of the total number of enrolled children have textbooks for their current grade. (Representative image)

Economic Survey 2022: Rural children enrolment in schools declines during pandemic

Children from poorer sections faced issues such as non-availability of smartphones, non-availability of a phone for children to use and…

January 31, 2022 17:09 IST

Revenue spending, however, could be tightened and such expenditure where the outlay doesn’t match with the outcome could be axed.

Budget FY23: Centre to tread middle path on fiscal front

The Centre’s debt rose to 55% of GDP in 2020 from 46% in the previous year, while general government debt…

January 31, 2022 03:15 IST

However, health insurance penetration in India is abysmally low and needs to be more affordable for the people and lucrative for taxpayers.

Budget wish-list: Individual taxpayers have three big asks

Rationalisation of capital gains tax, hike in tax exemption on health insurance premium and deduction on housing loan are among…

Updated: January 31, 2022 12:01 IST

There is an enhanced limit of Rs 5 lakh where there is no employer contribution involved.

Tax Talk: Budgeting for tightening of tax rules on EPF

Look out for clarifications on taxability of big-ticket provident fund contributions in coming Budget

January 31, 2022 01:45 IST

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