Budget 2022: Focus on building resilience, improving efficiency
As the economy rolls with the ebb and flow of the pandemic, sustained efforts are needed to keep the growth momentum going.
As the economy rolls with the ebb and flow of the pandemic, sustained efforts are needed to keep the growth momentum going.
At the last monetary policy meeting of FY20, the central bank kept the interest rate unchanged, with a warning to not read the ‘pause’ continually for its future actions.
The markets seem to have overcome over Budget blues as the benchmark Sensex rallied over 900 points on Tuesday.
Following Saturday’s 987.96-point fall, the S&P BSE Sensex closing at 39,872.31, just 136.78 points higher, on Monday shows that the markets are still unhappy with the Budget.
Corporate India and startups react to the announcements made by finance minister Nirmala Sitharaman.
Finance minister Nirmala Sitharaman in her Budget speech announced several measures to revive growth.
While the Budget may have given an option to move to a new personal tax regime, individuals are likely to think twice because they have to give up 70% of their exemptions.
The allocation for agriculture has risen by 31.9% as against the revised Budget allocation of ₹1.02 lakh crore in FY20.
The announcement of seed funding to support ideation and development of early-stage tech startups, tax incentives, and ESOPs will boost the country’s startup ecosystem, say experts.
Key takeaways from the Union Budget 2020.