- This year it will be our attempt to bring stability in GST structure, as the FM mentioned in her Budget speech“
- Personal income tax is a work in progress and we would need some time and the industry’s inputs on it.
- Govt has extended date of setting up manufacturing units based on industry demand due to covid impact. There is a big push on capex and we hope it will have impact on demand and supply.
- No one expected revenue buoyancy, but the fiscal deficit will be same as the extra spending is picked up by extra revenue.
- In the current year, good revenue from capital gains tax expected. Estimated at Rs 60,000 crore-Rs80,000 crore.
Union Budget 2022
Budget 2022 LIVE Updates [01-02-2022]
Finance minister Nirmala Sitharaman presented the fourth Budget of the Modi 2.0 government today. The stage for the Budget presentation was set by the Economic Survey stating that the government has the fiscal space to do more to support the economy that is forecast to grow at a healthy 8-8.5 per cent growth in the 2022-23 fiscal.
Union Budget 2022: MCX gold Trades Flat, May touch Rs 48000 per kg Today [01-02-2022]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices were trading flat with a positive bias on Tuesday, ahead of Union Budget 2022 presentation. On Multi Commodity Exchange, gold April futures were trading Rs 18 up at Rs 47650 per 10 gram, as compared to the previous close of Rs 47,632. Silver March futures were also flat with some positive bias, trading Rs 22 up at Rs 60,998 per kg.