Street gives a thumbs-up to the budget, retains gains
Custom duty on umbrellas increased to 20%
Unblended fuel to attract additional excise duty of Rs. 2/- per litre
Custom duty exemption on steel scraps extended fro another yr
Special mobility zones with zero fossil fuel policy to be introduced
Custom duty on polished gems reduced to 5%
30% tax on income from digital assets
Gross GST collection of 1.4 Lakh Crore in Jan 2022
Corporate surcharge reduced from 12% to 7%
Updated I-T returns to enable correction of errors
GST revenues are buoyant: FM
Digital Rupee will use blockchain technology
E-passports using embedded chips will be rolled out
Tax payers can file updated returns
Defence Research to be opened up for Start-ups
Capex outlay up by 35.4% to Rs. 7.5 lakh crore in 2022-23
Tax incentives for new start-ups extended by 1 year
Sitharaman presents her 4th Union Budget
Strategic transfer of Air India done successfully
Budget will provide impetus for growth
Sharp rebound and recovery of economy is seen
“Make in India” can create 6 Million new jobs
Budget to aid women, SC-ST & Farmers
Budget a blueprint for India @100
Emphasis on PM’s GatiShakti India
India is in a strong position to withstand challenges
400 new Vande Bharat trains to be launched in next 3 years
Promotion of chemical free Natural farming on the anvil
Credit linked guarantee scheme extended till March 2023
Sensex higher
100 PM Gati Shakti cargo terminals in next 3 years
Sabka Prayas for strong growth in India
Digital universities to be established in near future
PM’s E-Vidhya platform to have 400 channels
2L Anganwaris to be upgraded
Start-ups to be promoted for drone shakti
PM Awaas Yojna-Rs. 48,000 crores allocated for both Urban and Rural areas
80 lakh homes to be completed under this yojna
Rs. 60,000 crore allocated to cover 3.8 Cr households for tap water
Master plan for Expressways for 2022-23
New robust scheme for North-East development
Next phase of ‘Ease of Doing business’ to be launched
Scope of “Green Clearances” portal to be expanded
E-passports to be rolled out in 2022-23
Supplementary education in regional languages to be expanded
Mental Health-National Tele-mental scheme launched
1-Nation, 1-Registration for land reforms
Online E-bill facility for all govt. procurements
Hi-tech services for farmers
Rail network to have world class technology
National Highways to be enhanced by 25,000 Kms
Spectrum auction for 5G roll out in 2022
Atma-nirbharta in Defence to be emphasised
SEZ to be replaced with new legislation
All villages to have access to E-services
Kissan drones for crop assessment & protection
Sensex gains over 850 points
SMSE to be supported to make the sector more resilient
Digital Rupee to be issued by RBI in 2022-23
BANKEX consolidates gains
Sensex up by 1.7%
Capex outlay up by 35.4% to 7.5Lakh Crore
Fiscal Deficit estimated at 6.9% of GDP in FY 2022
Minimum Alternate Tax for co-operatives reduced to 15%