Live Updates and discussion on Union Budget 2022

68% of the capital procurement budget for Defence to be earmarked for domestic industry to promote Aatmanirbharta and reduce dependence on imports of defence equipment. This is up from the 58% last fiscal: FM Nirmala Sitharaman #Budget2022

2 lakh Anganwadis to be upgraded for improving child health, says FM #Budget2022

Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) to be revamped with required fund infusion Will facilitate additional credit of Rs. 2 lakh crore for Micro and Small Enterprises and expand job opportunities #Budget2022

National Ropeways Development Programme to be taken up in PPP mode with the aim to improve connectivity, besides promoting Tourism. #unionbudget2022

Next phase of ease of doing business, ease of living to be launched

FM Sitharaman #unionbudget2022

Effective Capital Expenditure of the Central Govt is estimated at Rs 10.68 lakh crores in 2022-23, about 4.1% of GDP: FM Nirmala Sitharaman #Budget2022

India to launch sovereign green bonds *Funds will be used for projects that will help reduce carbon intensity of the economy. *Sovereign green bonds will be part of government’s borrowing programme in FY23. *Proceeds to be deployed in public sector projects. #Budget2022

Next phase of ease of doing business, ease of living to be launched

FM Sitharaman #unionbudget2022

Effective capital expenditure of the government is estimated at Rs 10.68 lakh crores in 2022-23, about 4.1% of GDP FM Nirmala Sitharaman #unionbudget2022

Digital rupee 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

Rs. 60,000 crore allocated to provide tap water connections to 3.8 crore households in 2022-23 -FM#unionbudget2022

 

Finance minister Sitharaman will now read out income tax proposals

To provide an opportunity to correct an error, taxpayers can now file an updated return within 2 years from the relevant assessment year: FM Nirmala Sitharaman#Budget2022