The rise in the Center’s interest burden is expected to continue in the FY 2022-23. Initially, it was pushed up by a large amount of borrowings during the course of the Covid-19 pandemic in FY 2021-22. In the current fiscal year, which is 2021-22, the estimated budget of the interest payment on the central government’s …
Back in 2014, when Finance Minister Arun Jaitley presented his Union Budget, he mentioned that Budget proposals were only a stepping stone towards the continued growth of 7-8% in the upcoming 3-4 years. Other factors would also contribute to macroeconomic stabilization, apart from the budget proposals. These secondary factors are: Lower inflation levels A manageable …
The upcoming financial year of 2023 is likely to provide the Indian Government with a little room to reduce its market borrowings, considering its revenue figures are strong. However, this news does not spoil the party for bond investors. The reason being, a redemption pile of about Rs. 4.5 lakh crores throughout this fiscal year …
Budget 2022 is approaching, and the sector and experts have a long list of expectations. Experts predict that this Budget will be uniform, with a strong emphasis on the MSME sector, rural economy and social spending. Many people are hoping that the Budget would concentrate on project execution and capital expenditure, which analysts believe took …
Indian Railways expects the money for the upcoming financial year to expand Vande Bharat train sets, invent new wagons, including one particularly designed to transport lightweight merchandise from small firms, and promote innovative technologies like Hyperloop. There might be a general announcement on the airline’s efforts to minimize its carbon footprint as part of its …
The Indian economy is bouncing back at an excellent pace as compared to other major economies around the world this year. The government will have to do more than providing stimulus to sustain this economic run. The recurring waves of the pandemic can make this task a challenging one for the government and the Finance …
Nirmala Sitharaman, the Finance Minister, will submit her fourth Union Budget on February 1st. The novel coronavirus type that has entered India is expected to have a negative impact on the economy this year. This will be reflected in the financial markets, which have become more volatile in the run-up to the annual event. Any …
According to sources, the budget session 2022 of Parliament will begin on Monday, January 31, 2022, with President Ram Nath Kovind addressing both chambers. The session will be split into two halves, with the first ending on February 11 and the second on February 18. Part two of the session, which will begin on March …
As Finance Minister Nirmala Sitharaman prepares to unveil the Union Budget 2022 on February 1, the salaried class is hoping for a rise in the income tax threshold, which has not been raised in many years. To help taxpayers, the government should enact legislation that expands the ELSS category savings to include fixed incomes rather …
On February 1, Finance Minister Nirmala Sitharaman will introduce the Union Budget 2022. The Budget is likely to have a supporting and enabling role in the ongoing third wave of the pandemic. Last year, the majority of Dalal Street’s sectors managed to provide investors with a respectable quantity of solid returns. Experts are positive on …
