Tag: Budget 2022

Rs 460 Crore Allocated For Air Pollution, Rs 300 Crore For Tigers
Rs 460 Crore Allocated For Air Pollution, Rs 300 Crore For Tigers

The Ministry has been receiving increased funds for the last few years for conservation of tigers, the dominant species in the forest ecosystem. The allocation is higher from Rs 195 crore in 2020-21, which, in turn was higher from Rs 175 crore in 2014-15, the first year of Prime Minister Narendra Modi's government.

Centre Imposes 1% TDS On Payments For Transfer Of Virtual Assets
Centre Imposes 1% TDS On Payments For Transfer Of Virtual Assets

Stressing that since there has been a phenomenal increase in transactions in virtual digital assets, Sitharaman, presenting the Budget 2022-23, said that the magnitude and frequency of these transactions have made it imperative to provide for a specific tax regime.

Nirmala-sitharaman
Azadi Ka Amrit Mahotsav Gets Rs 110 Crore For Celebrations

Approximately, 50 events per day,2 events per hour and 1 event every 30 minutes is being held under the AKAM. A proposal for enhancement of the outlay for the Centenary and Anniversary Scheme to Rs 980 cr over a period of 5 years with Rs 380 cr for the year 22-23 is under consideration.

2021 Set The Stage For Space Players
FM Sitharaman Give Rs 13,700 Crore For Department Of Space

The preparations for the manned mission involve in-flight demonstration of the Crew Escape System functioning in the lower atmosphere. The exercise recovery of the crew module after impacting the sea is also being worked out.

Budget FY23: Ministry Of Education Allocated Record Rs 1 Lakh Crore
Budget FY23: Ministry Of Education Allocated Record Rs 1 Lakh Crore

The budget allocation for FY 2022-23 in the Flagship Scheme of Samagra Shiksha has increased by Rs 6,333.20 crore from Rs 31,050.16 crore in 2021-22 to Rs 37,383.36 crore in 2022-23.

FM Sitharaman
Haven't Raised Taxes: FM To Questions On Budget Not Giving Relief To Middle Class

While the standard deduction on personal income remains unchanged at Rs 50,000, there was no change in income tax slabs in the Budget unveiled on Tuesday.

Budget 2022
India To Provide Rs 6,292 Crore As Development Assistance To Other Countries, Rs 200 Crore For Afghanistan

About the allocation of Rs 200 crore to Afghanistan, it is learnt that it is a signal of India's commitment to the Afghan people and the money may be spent on paying for old projects, scholarships and providing aid to the Afghan people.

Amid Growing Terror Threat, Centre Enhances Intelligence Bureau Budget By 13.42%
Amid Growing Terror Threat, Centre Enhances Intelligence Bureau Budget By 13.42%

The government has designated IB's Multi-Agency Centre (MAC) as the nodal point for sharing intelligence inputs with Bangladesh and Myanmar. Generally, India's external intelligence agency, the Research and Analysis Wing (R&AW), deals with intelligence affairs in the foreign nations.

Union Budget 2022
Union Budget 2022-23: Oppn Slams It As Pegasus Spin Budget, Zero-Sum Budget

Several Congress leaders, including former party president Rahul Gandhi, criticised Sitharaman for presenting a "Lollypop budget" and alleged that it has exposed the government's "anti-farmer and anti-poor" face. West Bengal Chief Minister Mamata Banerjee termed it a "Pegasus spin budget" that provided nothing to the common people who have been "crushed" by unemployment and inflation.

Rs 2.37 Cr Provision For Direct Payment Of MSP
Rs 2.37 Cr Provision For Direct Payment Of MSP

Another highlight of the Budget provisions under agriculture is the use of 'Kisan Drones' that will be promoted for crop assessment, digitisation of land records, spraying of insecticides and nutrients etc.

750 Virtual Labs, 75 Skilling E-Labs To Be Set Up
750 Virtual Labs, 75 Skilling E-Labs To Be Set Up

The Minister announced that startups will be promoted to facilitate 'Drone Shakti' through varied applications and for 'Drone-as-a-Service' (DaaS) in select ITIs across all states.

Budget Specifies Customs Duty Change On Several Items
Budget Specifies Customs Duty Change On Several Items

Cashew nuts will become cheaper as import duties have been cut from 30 per cent to 2.5 per cent. Duties on coral has been reduced from 30 per cent to free.

Pegasus Snooping Case: Fresh Plea In SC Seeks FIR Against PM Modi
Budget People Friendly, Creates New Opportunities For Jobs And Growth: PM Modi

The Budget this year has come with a new confidence of development amidst the once-in-a-century calamity, Modi said, adding that it will create new opportunities for common people along with providing strength to the economy.

Rs 60K Cr Allotted For 'Har Ghar Jal', 3.8 Cr Households To Benefit
Rs 60K Cr Allotted For 'Har Ghar Jal', 3.8 Cr Households To Benefit

The government is also working for rain water conservation, and special campaigns are being implemented for creation of rain water harvesting infrastructure and restoration of traditional water sources in the country.

Rupees
New Scheme 'PM-Devine' Announced For NE; Rs 1,500cr Allocated

This will enable livelihood activities for youth and women, filling the gaps in various sectors, the Minister said. However, it will not be a substitute for the existing Central or state schemes.

MGNREGA-Workers
Centre Allocates Rs 73,000 Cr To MGNREGA, 25.51 Pc Lower Than 2021-22 Revised Estimate

MGNREGA is aimed at enhancing livelihood security of households in rural areas of the country by providing at least 100 days of guaranteed wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work.

Govt Extends Tax Holiday For Eligible Startups By 1 More Year
Govt Extends Tax Holiday For Eligible Startups By 1 More Year

India now has more than 61,400 startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT). At least 14,000 recognised startups have been added in 2021-22 fiscal, according to the Economic Survey 2021-22.

CBI
Budget 2022: Over Rs 911 Crore Allocated For CBI

The agency was allocated Rs 835.39 crore to manage its affairs in 2021-22 which was later increased to Rs 870.50 crore in the Revised Estimates given in the Budget document released Tuesday by Finance Minister Nirmala Sitharaman.

Pm Modi
PM Modi Mingles With Opposition Members In LS

Modi also seen exchanging greetings with former Jammu & Kashmir chief minister Farooq Abdullah, DMK member Dayanidhi Maran and RSP member N K Premachandran.

NTPC CBT-1 Result Row: Railways Issues Fresh Clarification, Says Result As Per Exam Notification
Railway Ministry Allocated Rs 140367.13 Crore In Budget

Railway Minister Ashwini Vaishnaw welcomed the announcement and said that the integration of posts and railways will bring better logistics solutions for people living in remote areas.

Nirmala Sitharaman
FM Sitharaman Presents Budget Amid Opposition Taunts, Applause From Treasury Benches

Trinamool member Saugata Roy and DMK member Dayanidhi Maran were heard criticising the allocation made for setting up an international arbitration centre at GIFT city. "Is this Union Budget or Gujarat Budget? This is good only for Gujarat," Roy and Maran were heard as saying.

History And Facts About Union Budget
History And Facts About Union Budget

Nirmala Sitharaman on February 1, 2021 presented what she called was 'once-in-a-century budget' as it looked to revive Asia's third-largest economy via investing in infrastructure and healthcare while relying on an aggressive privatisation strategy and robust tax collections.

Finance Minister Sitharaman Holds Pre-Budget Consultation With BJP Functionaries
Budget FY23: Sitharaman To Begin Her Day At 9 A.M. On Feb 1

"The ministry of finance maintains secrecy about the budget... before presenting his/her speech, the finance minister is bound to keep secrecy about the Budget provisions," an official said.

Finance Minister Sitharaman Holds Pre-Budget Consultation With BJP Functionaries
Finance Minister Sitharaman Holds Pre-Budget Consultation With BJP Functionaries, Intellectuals

Union Finance Minister Nirmala Sitharaman on Sunday held a pre-budget stakeholder meeting with BJP leaders and other intellectuals associated with the party.

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