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Following are the important announcements pertaining to agriculture sector: Digital and hi-tech services for farmers The Finance Minister said that a new scheme will be launched in PPP mode under whic...

The outlay for the ‘Scheme for Financial Assistance to States for Capital Investment’ is being enhanced from Rs. 10,000 crore in BE 2021-22 to Rs. 15,000 crore in RE 2021-22, stated the Union Finance...

The outlay for capital expenditure in the Union Budget is being stepped up sharply by 35.4% from Rs. 5.54 lakh crore in the current year to Rs. 7.50 lakh crore in 2022-23, said the Union Finance and C...

Acknowledging the immense potential of Sunrise Opportunities, the Union Budget presented in parliament today by Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman, has stated that suppo...

Reiterating government’s commitment to reduce imports and promote AtmaNirbharta in equipment for the Armed Forces, the Union Budget presented in parliament today by Union Finance & Corporate Affairs M...

‘Health and Education Cess’ is not allowed as business expenditure. This was clarified by Smt Nirmala Sitharaman, Union Minister of Finance while presenting the Union Budget in the Parliament today. T...

Ayushman Bharat Digital Mission A new open platform for the National Digital Health Ecosystem will be rolled out. It will comprehensively consist of digital registries of health providers and health f...

Capital Goods and Project Imports The minister announced that the Government proposes to phase out the concessional rates in capital goods and project imports gradually and apply a moderate tariff of...

The Union Minister explained that this new phase of Ease of living will be guided by an approach comprising of the following: 1. Active involvement of the states, 2. Digitisation of manual processes a...

Digital Banking: Smt Nirmala Sitharaman said that in recent years, digital banking, digital payments and fintech innovations have grown at a rapid pace in the country. Government is continuously encou...

Pradhan Mantri Awas Yojana Smt Nirmala Sitharaman also announced an allocation of Rs.48,000 crore for completion of 80 lakh houses for the identified eligible beneficiaries of PM Awas Yojana, both Rur...

PART A: India’s economic growth estimated at 9.2% to be the highest among all large economies. 60 lakh new jobs to be created under the productivity linked incentive scheme in 14 sectors. PLI Schemes...

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 o...

Corporate surcharge to be reduced from 12% to 7% -Spectrum auction to be conducted for 5G rollout within 2022-23 -GST collections for January 2022 highest ever at Rs 1,40,000 crore -Both Centre and St...

1. Provision for filing ‘Updated Income Tax returns’ within 2 years from end of relevant AY.2. Reduced AMT rates for Co-operatives from 18.5% to 15%.3. Reduced surcharge for Co-operatives with total i...

to service the Social Security needs of their employees. Air India Ltd applied for voluntarily covered u/s 1(4) of the EPF & MP Act 1952 which has been allowed vide gazette notification dated 13.01.20...

9.2 PERCENT GROWTH EXPECTED IN REAL TERMS IN 2021-22 GDP PROJECTED TO GROW 8.0-8.5 PERCENT IN 2022-23 PANDEMIC: GOVERNMENT’s SUPPLY SIDE REFORMS PREPARING ECONOMY FOR SUSTAINED LONGTERM EXPANSION CAPE...

PREFACE TAKES A BIRD’S EYE VIEW OF EVOLUTION OF ECONOMIC SURVEYS SINCE INDEPENDENCE NEW CHAPTER DEMONSTRATES USE OF SATELLITE & GEO-SPATIAL IMAGES TO GAUGE VARIOUS ECONOMIC PHENOMENON ECONOMIC SURVEY...

SECTOR WITNESSED 10.8% GROWTH DURING FIRST HALF OF 2021-22 8.2 % GROWTH EXPECTED IN OVERALL SERVICES SECTOR FDI INFLOW OF $ 16.73 BILLION RECEIVED IN FIRST HALF (H1) OF 2021-22 22.8% INCREASE IN NET E...

AS PER WORLD BANK, ADB AND IMF PROJECTIONS, INDIA TO REMAIN THE FASTEST GROWING MAJOR ECONOMY IN THE WORLD DURING 2021-24 INDIAN ECONOMY TO GROW BY 9.2% IN REAL TERMS IN 2021-22 AGRICULTURE TO GROW BY...