"M0di G0vernment's Zer0 Sum Budget! Nothing for - Salaried class, Middle class, the poor and deprived, Youth, Farmers and MSMEs," Gandhi said on Twitter.
India has set a target to reduce fiscal deficit to 6.4 per cent of GDP in 2022-23 from the estimated 6.9 per cent in the current financial year, Union Finance Minister Nirmala Sitharaman said on Tuesday.
Ahead of the Budget, taxpayers were expecting the announcement of changes in Income Tax slabs and rates.
Finance Minister Nirmala Sitharaman while announcing the annual budget for the financial year 2022-23, said that RBI will be launching India's very own cryptocurrency soon.
The Gati Shakti - National Master Plan for Multimodal Connectivity was launched by Prime Minister Narendra Modi in October, last year. Gati Shakti -- a digital platform -- aims to bring 16 Ministries including Railways and Roadways together for integrated planning and coordinated implementation of infrastructure connectivity projects.
Congress general secy and chief spokesperson Randeep Surjewala said the salaried and the middle classes have been affected due to pay cuts and high inflation.
Finance Minister Nirmala Sitharaman said considering the constraint space in urban areas for setting up electric vehicles charging stations, a battery swapping policy will be introduced.
Presenting the Union Budget, Sitharaman said that the overall sharp rebound and recovery of the economy is reflective of India's strong resilience.
FM Sitharaman said that 68 pc of capital for the defence sector would be earmarked for the local industry.
Sitharaman had replaced her signature 'bahi khata', last year. Today, she opted to carry the documents in a tablet, which was wrapped in a red-coloured cover.
The activities of these start-ups will include inter-area support for farmer-producer organisations (FPOs), machineries for farmers on a rental basis at the farm level and technology including invitee base, Sitharaman said.
Currently, post offices provide savings account services and payments bank services through the India Post Payments Bank.
"ECLGS scheme to be extended till March 2023 and guarantee cover expanded by Rs 50,000 to Rs 5 lakh crore," the finance minister said.
National highways will be extended by 25,000 km during 2022-23, and the PM Gati Shakti for road transport master plan will be finalised in 2022-23, Sitharaman said today.
Finance Minister Nirmala Sitharaman is presenting the Union Budget for the year 2022-23 in Parliament today.
Before the presentation, a Union Cabinet meeting was held which approved the Budget 2022-23.
The Budget documents usually include the finance minister’s speech in Parliament, highlights, annual financial statement, finance bill containing tax proposals, memorandum explaining the provisions in the financial bill, and macroeconomic framework statement.
Of the total revenue collected, CGST is Rs 24,674 cr, SGST is Rs 32,016 cr, IGST is Rs 72,030 cr and cess is Rs 9,674 cr.
For the uninitiated, the Union Finance Minister's love for subtly elegant handloom and silk sarees is well known, and hence, it's reasonable to assume that her sartorial choices are what distinguishes her appearance.
Equity benchmarks notched up solid gains on Tuesday ahead of the presentation of the Union Budget 2022-23.
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