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Archive: February, 2022

Posts in February, 2022

Technology Takes Centre-Stage in Health Budget

February 1, 2022 453 Views 0 comment Print

Technology has taken a centre-stage for the Health Sector in the General Budget presented in the Parliament by Smt Nirmala Sitharaman, Union Minister of Finance.  Two new digitally underpinned Schemes have been announced which indicate the key role that digital technology is playing in expanding the access of health and medical care across the country.

Customs Duty to Be Reduced on Inputs Used In Shrimp Aquaculture

February 1, 2022 1650 Views 0 comment Print

Customs administration of SEZs shall be fully IT driven announced the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman while presenting the Union Budget 2022-23 in the Parliament today. She also said that the Customs National Portal will function with a focus on higher facilitation and with only risk based checks.

Summary of Union Budget 2022-23

February 1, 2022 39411 Views 0 comment Print

India’s economic growth in the current year is estimated to be 9.2 per cent, highest among all large economies. The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic is reflective of our country’s strong resilience. This was stated by Union Minister for Finance and Corporate Affairs Smt Nirmala […]

Design-Led Manufacturing Scheme Proposed by Budget-2022-23 to Build a Strong Ecosystem For 5F

February 1, 2022 684 Views 0 comment Print

The Union Budget 2022-23 seeks to  lay the foundation and give a blueprint to steer the economy over the Amrit Kaal of the next 25 years – from India at 75 to India at 100. While presenting the Union Budget, Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman said, “It continues to build on the vision drawn in the Budget of 2021- 22. Its fundamental tenets, which included transparency of financial statement and fiscal position, reflect the government’s intent, strengths, and challenges.”

Next Phase of Ease of Living to be Launched under Amrit Kaal: Union Budget 2022-23

February 1, 2022 1479 Views 0 comment Print

This Budget seeks to lay the foundation and give a blueprint to steer the economy over the Amrit Kaal of the next 25 years – from India at 75 to India at 100. The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, laid this vision, while presenting the Union Budget 2022-23 in Parliament today. She made the announcement for the next launch of Ease of Living under Amrit Kaal.

Introduction of Central Bank Digital Currency ‘Digital Rupee’ Announced

February 1, 2022 1053 Views 0 comment Print

Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman today announced the introduction of Digital Rupee to be issued by the Reserve Bank of India starting 2022-23.  Presenting the Union Budget 2022-23 in the Parliament here today, the Finance Minister said that the Central Bank Digital Currency (CBDC) will give a big boost to digital economy.

Rs. 60,000 Crore Allocated For ‘Har Ghar, Nal Se Jal’ Scheme

February 1, 2022 1377 Views 0 comment Print

Rs. 60,000 CRORE ALLOCATED FOR ‘HAR GHAR, NAL SE JAL’ SCHEME; 3.8 CRORE HOUSEHOLDS TO BE COVERED 80 LAKH HOUSES TO BE COMPLETED UNDER PM AWAS YOJANA WITH AN OUTLAY OF Rs. 48,000 CRORE NORTHERN BORDER VILLAGES TO BE DEVELOPED UNDER VIBRANT VILLAGES PROGRAMME BLOCKS WHICH HAVE CONTINUED TO LAG, TO BE THE FOCUS OF […]

Highlights of The Union Budget 2022-23

February 1, 2022 49410 Views 2 comments Print

HIGHLIGHTS OF THE UNION BUDGET 2022-23 The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. The key highlights of the budget are as follows: PART A India’s […]

Budget 2022-2023 Speech of FM Nirmala Sitharaman

February 1, 2022 6429 Views 0 comment Print

Budget 2022-2023 Speech of Nirmala Sitharaman Minister of Finance February 1, 2022 Hon’ble Speaker, I present the Budget for the year 2022-23. Introduction 1. At the outset, I want to take a moment to express my empathy for those who had to bear adverse health and economic effects of the pandemic. 2. The overall, sharp […]

Finance Bill 2022 or Union Budget 2022-23

February 1, 2022 40812 Views 0 comment Print

FM Nirmala Sitharaman’s presented her fourth budget today i.e. on 1st February 2022.  In budget FM has introduced Tax on Virtual Currencies, Introduces no change in Tax Rate for Individuals, Provided relief on Surcharge on LTCG etc. AS INTRODUCED IN LOK SABHA ON 1st FEBRUARY, 2022 Bill No. 18 of 2022 THE FINANCE BILL, 2022 […]

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