Budget 2022 Live Updates: The Union Budget 2022-23 is set to be presented by the Union Finance & Corporate Affairs Minister Nirmala Sitharaman today in Paperless form.
Budget 2022 Live Updates: The Union Budget 2022-23 is set to be presented by the Union Finance & Corporate Affairs Minister Nirmala Sitharaman today in Paperless form. The Budget 2022 will be presented around 11 am. Here you can catch Budget 2022 Live Updates, Latest news, FM Nirmala Sitharaman speech streaming, big announcements and more:-
– FM Nirmala Sitharaman to table Union Budget at 11 AM on Tuesday – Big announcements expected
FM Nirmala Sitharaman’s Budget Day schedule
-8:40am – FM to leave for North Block
-9am- Photo op outside gate no 2 of North Block
-9:25am- FM to leave for President House for consent on Budget
-10am- FM Back to Parliament, BUDGET photo Op
-10:10am- Cabinet Meeting, to approve Budget
-11am – presentation of Budget in Parliament
-3.45pm- Post Budget Press Conference, NMC
Read more:BREAKING: Election Commission extends ban on physical rallies, roadshows till February 11
Budget 2022: Watch LIVE
Earlier, to mark the final stage of the Union Budget making process, sweets were provided to the core staff due to undergo “lock-in” at their workplaces, instead of a customary Halwa ceremony every year in view of the prevailing pandemic situation and the need to observe health safety protocols.
Union Budget of 2021-22
-In a historic move, the Union Budget of 2021-22 was delivered in paperless form for the first time.
– A “Union Budget Mobile App” was also launched for hassle-free access of Budget documents by Members of Parliament (MPs) and the general public.
Union Budget 2022-23
-The Union Budget 2022-23 would also be available on the Mobile App after the process of Budget presentation has been completed on 1st February 2022 in the Parliament.
Union Budget: Mobile App
– The mobile App allows complete access to 14 Union Budget documents, including the Budget Speech, Annual Financial Statement (commonly known as Budget), Demand for Grants (DG), Finance Bill etc. as prescribed by the Constitution.
– The mobile app is bilingual (English & Hindi) and is available on both Android and iOS platforms.
– The App can also be downloaded from the Union Budget Web Portal (www.indiabudget.gov.in). The budget documents will also be available for download by the general public on Union Budget Web Portal (www.indiabudget.gov.in)
– Kisan Drones for crop assessment, land records, spraying of insecticides expected to drive a wave of technology in agri sector: FM
– Modern building by-laws will be introduced: FM
-E-passport with embedded chip will be rolled out, says FM
– A high-level panel to be set up for urban planning: FM
– Data exchange among all-mode operators to be brought in on unified logistics interface platform to enable efficient movement of goods: FM
– Next phase of ease of doing business, ease of living to be launched: FM
All post offices to be linked with Core Banking Solution to push financial inclusion, says FM
– 75 digital banks in 75 districts will be set up by scheduled commercial banks to encourage digital payments: FM
– Villages on northern border of India will be covered under a new vibrant village programme to enhance development: FM
– A new scheme called PM Development Initiative for North East to be launched
– Rs 1 lakh crore financial assistance to states to be provided in 2022-23 to catalyse investments, says FM
-Measures will be taken to step up private capital in infra sector, says FM
– PE/VC invested Rs 5.5 lakh crore in startup, expert committee will be set up to suggest measures to help attract investment, says FM
Data centre and energy storage system to be given infrastructure status; move to provide easy financing: FM
Tue, February 1, 2022, 12:49 PM
– Unblended fuel to attract additional excise duty of Rs 2/litre from Oct 1, to promote blending biofuels in petrol and diesel: FM
– Certain anti-dumping duty and CVD on certain steel products being revoked due to high price: FM
-FM proposes to reduce custom duties on certain chemicals, including methanol
– Customs duty on cut and polished diamond, gem stones reduced to 5%, says FM
Concessional rate on capital goods and project imports to be phased out, says FM
Tue, February 1, 2022, 12:47 PM
– Concessional rate on capital goods and project imports to be phased out, says FM
– Govt will introduce IT-driven reforms for SEZs: FM
– Tax payers deserve applause for the highest-ever GST collection, says FM
-Gross GST collection in Jan at record Rs 1,40,986 cr; possible due to rapid eco recovery: FM
– GST revenues are buoyant despite the pandemic, says FM
– Any cess or surcharge on income not allowed as business expenditure: FM
-No set off of any loss will be allowed on undisclosed income detected during search and seizure operations, says FM
– Surcharge on long-term capital gains capped at 15 per cent: FM
– 1 per cent TDS on transfer of virtual assets above a threshold, gifts to be taxed: FM
Tue, February 1, 2022, 12:45 PM
– Concessional rate on capital goods and project imports to be phased out, says FM
– Govt will introduce IT-driven reforms for SEZs: FM
– Tax payers deserve applause for the highest-ever GST collection, says FM
-Gross GST collection in Jan at record Rs 1,40,986 cr; possible due to rapid eco recovery: FM
GST revenues are buoyant despite the pandemic, says FM
-No set off of any loss will be allowed on undisclosed income detected during search and seizure operations, says FM
– Surcharge on long-term capital gains capped at 15 per cent: FM
– 1 per cent TDS on transfer of virtual assets above a threshold, gifts to be taxed: FM
Tue, February 1, 2022, 12:40 PM
Union Finance Minister Nirmala Sitharaman introduces Finance Bill 2022. #BudgetSession2022
– Customs duty on cut & polished diamonds, gems to be reduced to 5%: Finance Minister Nirmala Sitharaman
-The gross GST collections for the month of January 2022 are Rs 1,40,986 crores which is the highest since the inception of GST: Finance Minister Nirmala Sitharaman
– 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
Co-operative surcharge to be reduced from 12% to 7%: FM Nirmala Sitharaman
Tue, February 1, 2022, 12:21 PM
– Both Centre and States govt employees’ tax deduction limit to be increased from 10% to 14% to help the social security benefits of state govt employees and bring them at par with the Central govt employees: FM Nirmala Sitharaman
– Corporate surcharge to be reduced from 12% to 7%: FM Nirmala Sitharaman
– I propose to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30%. No deduction in respect of any expenditure or allowance shall be allowed while computing such income, except cost of acquisition: FM Nirmala Sitharaman
Tue, February 1, 2022, 12:18 PM
– Rs 1 lakh crore financial assistance to states to be provided in 2022-23 to catalyse investments, says FM
– Proposed to introduce Digital Rupee by RBI using blockchain technology, starting 2022-23, says FM
– Measures will be taken to step up private capital in infra sector, says FM
– PE/VC invested Rs 5.5 lakh crore in startup, expert committee will be set up to suggest measures to help attract investment, says FM
– Data centre and energy storage system to be given infrastructure status; move to provide easy financing: FM
-International arbitration centre will be set up in GIFT city to provide faster dispute resolution, says FM
– Sovereign green bonds to be issued to mobilise resources as part of govt’s borrowing programme: FM
World-class university to be allowed in GIFT IFSC free from domestic regulation, says FM
– Public investment must take lead to pump prime private investment and support demand: FM
– Effective capital expenditure will be Rs 10.68 lakh crore, or 4.1 pc of GDP, in 2022-23, says FM
Economy has shown resilience to come out of pandemic, we need to sustain the level of growth, says FM
-Outlay for capital expenditure stepped up 35.4 pc to Rs 7.5 lakh crore in FY’23: FM
Financial support will be provided to farmers to take up agro-forestry: FM
4 pilot projects for coal gasification to be set up
– Rs 19,500 cr additional allocation for PLI for manufacturing high efficiency solar modules has been made: FM
-Low carbon development strategy opens up employment opportunity, says FM
– Risks of climate change are strongest externalities for the world:FM
Tue, February 1, 2022, 12:11 PM
– 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
– To facilitate domestic manufacturing for ambitious goal of 280 GW of installed solar capacity by 2030, addl allocation of Rs 19,500 cr for PLI for manufacturing of high-efficiency modules with priority to fully integrate manufacturing units to solar PV modules will be made: FM
– 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
– Implementation of Ken Betwa Linking project at est. cost of Rs. 44,605 Cr. to be taken up with irrigation benefits to 9.0 lakh hectare farmland, drinking water to 62 lakh people, 103 MW hydropower. 27 MW solar power generation
Rs 1400 crores allocated in 2022-23: FM #Budget2022
– 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
– To reduce the delay in payment, an online bill system to be launched which will be used by all Central ministries: FM Nirmala Sitharaman #Budget2022
– SEZ (Special Economic Zones) Act will be replaced with new legislation…for the development of enterprise and hubs… It will cover the existing industrial enclaves and enhance the competitiveness of exports: FM Nirmala Sitharaman #Budget2022
– Animation, Visual Effects, Gaming and Comics (AVGC) sector offers immense potential to employ youth. An AVGC promotion task force with all stakeholders will be set up to recommend ways to realise this and build domestic capacity for serving our markets and the global demand: FM
– Fund to be facilitated through NABARD to finance startups for agriculture and rural enterprise, relevant for farm produce value chain. Startups will support FPOs and provide tech to farmers: FM Nirmala Sitharaman
– Use of Kisan Drones to be promoted for crop assessment, digitization of land records, spraying of insecticides and nutrients: FM Nirmala Sitharaman
– To promote a shift to the use of public transport in urban areas…special mobility zones with zero fossil fuel policy to be introduced…Considering space constraints in urban areas, a ‘Battery Swapping Policy’ will be brought in: FM FM Nirmala Sitharaman
-2,000 km of rail network to be brought under the indigenous world-class technology KAWACH, for safety and capacity augmentation: FM Nirmala Sitharaman
– 400 new generation Vande Bharat trains with better Energy Efficiency and passenger riding experience to be manufactured in next three years: FM Nirmala Sitharaman
– Emergency Credit Line Guarantee Scheme (ECLGS) will be extended up to March 2023, the guaranteed cover will be expanded by Rs 50,000 crores to total cover of Rs 5 lakh crores: FM Nirmala Sitharaman
– Issuance of E-passports will be rolled out in 2022-23 to enhance convenience for citizens: Finance Minister Nirmala Sitharaman
The pandemic has accentuated mental health problems in people of all ages. To better the access to quality mental health counseling and care services, a National Tele Mental Health program will be launched: FM Nirmala Sitharaman
– This will include a network of 23 tele mental health centres of excellence with Nimhans being the nodal centre and IIIT Bangalore providing technology support: FM Nirmala Sitharaman
-PM development initiatives for North East will be implemented for the North Eastern Council… This will enable livelihood activities for youth and women… This scheme is not a substitute for the existing Centre or
State schemes: FM Nirmala Sitharaman
– An open platform for the National Digital Health Ecosystem will be rolled out. It will consist of digital registries of health providers and health facilities, unique health identity and universal access to health facilities: FM Nirmala Sitharaman
-Our govt has comprehensively revamped schemes of the Ministry of Women and Child Development such as Mission Shakti, Mission Vatsalya, Saksham Anganwadi and Poshan 2.0 to provide benefits: FM Nirmala Sitharaman
– States will be encouraged to revise syllabi of agricultural universities to meet needs of natural, zero-budget & organic farming, modern-day agriculture: FM Nirmala Sitharaman
– A fund with blended capital raised under co-investment model facilitated through NABARD to finance startups in agriculture & rural enterprises for farm produce value chain: FM Sitharaman
PM Gati Shakti Master Plan for Expressways to be formulated in 2022-23, to facilitate faster movement of people and goods. NH network to be expanded by 25,000 km in 2022-23. Rs. 20,000 crores to be mobilized to complement public resources: FM Nirmala Sitharaman
Tue, February 1, 2022, 11:57 AM
– Kisan Drones for crop assessment, land records, spraying of insecticides expected to drive a wave of technology in agri sector: FM
– Modern building by-laws will be introduced: FM
-E-passport with embedded chip will be rolled out, says FM
A high-level panel to be set up for urban planning: FM
– Data exchange among all-mode operators to be brought in on unified logistics interface platform to enable efficient movement of goods: FM
– Next phase of ease of doing business, ease of living to be launched: FM
– All post offices to be linked with Core Banking Solution to push financial inclusion, says FM
– 75 digital banks in 75 districts will be set up by scheduled commercial banks to encourage digital payments: FM
– Villages on northern border of India will be covered under a new vibrant village programme to enhance development: FM
A new scheme called PM Development Initiative for North East to be launched
Tue, February 1, 2022, 11:51 AM
– Villages on northern border of India will be covered under a new vibrant village programme to enhance development: FM
– A new scheme called PM Development Initiative for North East to be launched
80 lakh affordable houses will be completed at Rs 44,000 cr under PM Awas Yojna in 2022-23
– 95 per cent of 112 aspirational districts have made significant progress in health, infra, says FM
– For mental health counselling, a National Tele Mental Health Program will be launched: FM
Natural farming will be promoted along Ganga river corridor: FM
2 lakh Anganwadis to be upgraded for improving child health, says FM
-Recognising the importance of ‘Nari Shakti’, 3 schemes were launched to provide integrated development for women and children, says FM
Digital university to be set up to provide education; to be built on hub and spoke model: FM
– 1-Class-1-TV Channel to be implemented to provide supplementary eduction to children to make up for loss of formal education due to Covid
Hospitality services by small and medium sector yet to bounce back, says FM
Tue, February 1, 2022, 11:39 AM
– Rs 6,000 crore programme to rate MSMEs to be rolled out over 5 years, says FM
– Kisan Drones for crop assessment, land records, spraying of insecticides expected to drive a wave of technology in agri sector: FM
– Draft DPRs for 5 river links have been finalised, says FM
– Implementation of Ken-Betwa rivers linking with estimated cost of Rs 44,605 cr to be taken up: FM
Tue, February 1, 2022, 11:37 AM
-The pandemic has accentuated mental health problems in people of all ages. To better the access to quality mental health counseling and care services, a National Tele Mental Health program will be launched: FM Nirmala Sitharaman
-PM development initiatives for North East will be implemented for the North Eastern Council… This will enable livelihood activities for youth and women… This scheme is not a substitute for the existing Centre or State schemes: FM Nirmala Sitharaman
An open platform for the National Digital Health Ecosystem will be rolled out. It will consist of digital registries of health providers and health facilities, unique health identity and universal access to health facilities: FM Nirmala Sitharaman
Tue, February 1, 2022, 11:33 AM
– Desh stack e-portal to be launched to promote digital infra, says FM
– 100 PM Gati Shakti terminals to be set up in next three years, says FM
– Contracts for multi-modal parks at 4 locations to be awarded next fiscal, says FM
Tue, February 1, 2022, 11:29 AM
– Railways will develop new products for small farmers and MSMEs: FM
– PM Gati Shakti for road transport masterplan to be finalised in 2022-23: FM
– Economic recovery benefitting from public investment and capital spending, says FM
This Budget continues to provide impetus to growth: FM
Tue, February 1, 2022, 11:29 AM
– Desh stack e-portal to be launched to promote digital infra, says FM
PM Gati Shakti for road transport masterplan to be finalised in 2022-23: FM
Economic recovery benefitting from public investment and capital spending, says FM
This Budget continues to provide impetus to growth: FM
Tue, February 1, 2022, 11:26 AM
– One product one railway station will be popularised, 400 new Vande Bharat trains to be introduced: FM- This Budget continues to provide impetus to growth: FM
– 2022-23 has been announced as International Year of Millets: FM
-Productivity-linked incentive schemes in 14 sectors have received excellent response; received investment intentions worth Rs 30 lakh crore: FM
A rationalised scheme to increase domestic oilseed production will be brought in to cut down imports, says FM
– Strategic transfer of Air India ownership has been completed; strategic buyers for NINL have been selected, says Sitharaman
Tue, February 1, 2022, 11:22 AM
– One product one railway station will be popularised, 400 new Vande Bharat trains to be introduced: FM
– Govt focus since 2014 on poor and marginalised; govt strives to provide necessary ecosystem to middle class, says Sitharaman
– Efforts of central, state governments leading to jobs, entrepreneurial opportunities; says FM
National Highways will be extended by 25,000 km during 2022-23
– We are in midst of Omicron wave, says FM
– PM Gati Shakti masterplan is based on 7 engines of growth: FM
– Inclusive development, productivity enhancement, energy transition and climate action four pillars of development: FM
– Big private investment in infra would be guided by Gati Shakti: FM
Tue, February 1, 2022, 11:17 AM
– Sharp rebound in economy reflected in 2021-22, growth expected at 9.2%, says Finance Minister Nirmala Sitharaman
– NARCL has commenced its activity, says FM
– Virtuous cycle of investment expected to revive on the back of capex and crowd in private investment: FM
– Big private investment in infra would be guided by Gati Shakti: FM
– LIC IPO expected to come soon, says FM
Tue, February 1, 2022, 11:14 AM
– Sharp rebound in economy reflected in 2021-22, growth expected at 9.2%, says Finance Minister Nirmala Sitharaman
– NARCL has commenced its activity, says FM
– Virtuous cycle of investment expected to revive on the back of capex and crowd in private investment: FM
Tue, February 1, 2022, 11:10 AM
India’s growth is estimated to be at 9.27%: Finance Minister Nirmala Sitharaman in Parliament #UnionBudget2022 We are in the midst of the Omicron wave, the speed of our vaccination campaign has helped greatly. I am confident that ‘Sabka Prayaas’, we’ll continue with strong growth: FM Sitharaman
We are in the midst of the Omicron wave, the speed of our vaccination campaign has helped greatly. I am confident that ‘Sabka Prayaas’, we’ll continue with strong growth: FM Sitharama
Tue, February 1, 2022, 11:01 AM
Budget 2022 News LIVE: FM Sitharaman begins speech
WATCH address, biggest coverage, latest updates
Tue, February 1, 2022, 10:48 AM
Union Cabinet approves the #Budget2022; the meeting underway at the Parliament has now concluded. Union Finance Minister Nirmala Sitharaman will present the Budget shortly.
Union Cabinet approves the #Budget2022; the meeting underway at the Parliament has now concluded. Union Finance Minister Nirmala Sitharaman will present the Budget shortly.
Tue, February 1, 2022, 10:24 AM
Prime Minister Narendra Modi arrives for the union cabinet meeting. #UnionBudget2022 will be presented in the Parliament today.
Delhi: Defence Minister Rajnath Singh, Union Home Minister Amit Shah, Railways, Communications and IT Minister Ashwini Vaishnaw, Parliamentary Affairs Minister Pralhad Joshi, and others arrive at the Parliament for the union cabinet meeting ahead of the presenting of the #Budget
Prime Minister Narendra Modi arrives for the union cabinet meeting. #UnionBudget2022 will be presented in the Parliament today
Tue, February 1, 2022, 10:04 AM
FM Sitharaman reaches Parliament; Union Budget 2022-23 to be tabled at 11 am.
#BudgetBreaking :
Tue, February 1, 2022, 09:55 AM
Budget 2022 News LIVE: Union Finance Minister Nirmala Sitharaman along with Ministers of State for Finance, Dr Bhagwat Kishanrao Karad, Shri Pankaj Chaudhary, and senior officials of the Ministry of Finance, called on President Ram Nath Kovind before presenting the Union Budget 2022-23.
Tue, February 1, 2022, 09:30 AM
Delhi: Union Finance Minister Nirmala Sitharaman leaves from the Ministry of Finance.
She will present and read out the #Budget2022 at the Parliament through a tab, instead of the traditional ‘bahi khata’.
Tue, February 1, 2022, 09:29 AM
Ahead of Budget 2022 presentation, Sensex soars 582.85 points, currently at 58,597.02. Nifty up by 156.20 points, currently at 17,496.05
Tue, February 1, 2022, 09:11 AM
Tue, February 1, 2022, 09:06 AM
FM Nirmala Sitharaman to present Union Budget at 11 AM
