Category: BUDGET SESSION

Centre lowers FY23 divestment target to Rs 65K crore

New Delhi, Feb 1 (SocialNews.XYZ) The Centre has drastically lowered the divestment target for fiscal 2022-23 to Rs 65,000 crore.…

2 years ago

Defence gets 13.31% of budget outlay, Navy gets biggest pie

New Delhi, Feb 1 (SocialNews.XYZ) Amid border tension with China, the Indian Defence Ministry gets 13.31 per cent of the…

2 years ago

Startups need clarity on directly listing abroad, ESOP taxation

New Delhi, Feb 1 (SocialNews.XYZ) As the government aimed to help Indian startups continue their glory run with tax incentives,…

2 years ago

Emphasis on ‘Swadesh Darshan’, tourism infra development in Budget

New Delhi, Feb 1 (SocialNews.XYZ) The tourism sector has got a boost in the Union Budget with 18.42 percent more…

2 years ago

‘Health and Education Cess’ is not allowed as biz expenditure: FM

New Delhi, Feb 1 (SocialNews.XYZ) Union Finance Minister Nirmala Sitharaman on Tuesday clarified that 'Health and Education Cess' is not…

2 years ago

Consumer electronics players lament no reduction in GST on smart TVs, ACs

New Delhi, Feb 1 (SocialNews.XYZ) Consumer electronics manufacturers were left disappointed on Tuesday as there was no concession or GST…

2 years ago

The welfare focus in Union Budget 2022

New Delhi, Feb 1 (SocialNews.XYZ) The Union Budget for 2022-23 dovetails a massive welfare focus encompassing several schemes of the…

2 years ago

Shares of renewable Cos rise on Centre’s green energy ambition

New Delhi, Feb 1 (SocialNews.XYZ) Shares of companies in the renewable space have performed substantially well on Budget Day on…

2 years ago

Budget focuses on welfare, upliftment of poor: Nadda

New Delhi, Feb 1 (SocialNews.XYZ) BJP chief J.P. Nadda on Tuesday said that the Union Budget focused on welfare and…

2 years ago

After mobile phones, India eyes smartwatches, earbuds manufacturing

New Delhi, Feb 1 (SocialNews.XYZ) After giving an impetus to mobile phones and laptop/tablet manufacturing locally, the government on Tuesday…

2 years ago

Taxpayers can file updated I-T returns within two years

New Delhi, Feb 1 (SocialNews.XYZ) The government proposes to permit taxpayers to file an updated return on payment of additional…

2 years ago

Equities cheer Budget; Tata Steel, L&T among top gainers

New Delhi, Feb 1 (SocialNews.XYZ) The Indian equities have continued gains from the morning session and closed sharply higher on…

2 years ago

People will reject this ‘capitalist Budget’, says Chidambaram

New Delhi, Feb 1 (SocialNews.XYZ) The "capitalist" Union Budget 2022-23 is "obdurate" and "callous" as there is no cash assistance…

2 years ago

Rs 2.37 cr provision for direct payment of MSP

New Delhi, Feb 1 (SocialNews.XYZ) On the backdrop of the almost year-long agitation against the three contentious farm laws that…

2 years ago

Wait for Indian masses to use 5G smartphones gets longer

New Delhi, Feb 1 (SocialNews.XYZ) India, which is the third-largest 5G smartphone market globally, is yet to use the 5G…

2 years ago

Fertiliser subsidy shoots up

New Delhi, Feb 1 (SocialNews.XYZ) There has been a massive increase in fertiliser subsidy for fiscal 2022-23 which has gone…

2 years ago

Budget plugs loophole where after tax search, income was being set off

By Sanjeev Sharma New Delhi, Feb 1 (SocialNews.XYZ) The Union Budget has plugged a loophole as it was noticed that…

2 years ago

Budget 2022-23: Foreign varsities to set up campuses in Gujarat’s GIFT city

New Delhi, Feb 1 (SocialNews.XYZ) The Centre on Tuesday said that world-class universities and institutions will be allowed to set…

2 years ago

Budget specifies customs duty change on several items

By Sanjeev Sharma New Delhi, Feb 1 (SocialNews.XYZ) There have been a host of changes in Customs duty on several…

2 years ago

States to be pushed to adopt ULPIN: FM

New Delhi, Feb 1 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Tuesday said that states will be encouraged to adopt Unique…

2 years ago



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