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Budget 2022

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‘Crypto tax’ is here. India imposes 30% tax on proceeds of digital assets

Law enforcement agencies are analysing data pertaining to business activities of cryptocurrency exchanges and investors in crypto assets. 
Updated on Feb 01, 2022 01:01 PM IST

Budget 2022: Taxpayers can file updated return within 2 years from relevant AY

Union Budget 2022: The central government has proposed to reduce the alternate minimum tax for cooperatives from 18.5% to 15%.
Published on Feb 01, 2022 02:52 PM IST

Budget 2022: Govt proposals on income tax, corporate tax, NPS, digital assets 

No changes in the income tax rates and slab have been proposed by the government for Union Budget 2022-23.
Published on Feb 01, 2022 07:00 PM IST

Budget 2022: In push for Aatmanirbhar defence, procurement budget raised to 68%

Sitharaman also announced that defence research and development (R&D) will be opened for industry, start-ups and academia.
Updated on Feb 01, 2022 03:38 PM IST

Budget 2022: E-passports, LIC IPO and other highlights from Sitharaman's speech

Union finance minister presenting the Union Budget 2022 in the Lok Sabha on Tuesday.
Published on Feb 01, 2022 02:13 PM IST
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Budget Impact

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Cheaper
  • Clothes
  • Mobile phones
  • Frozen mussels
  • Frozen squids
  • Asafoetida
  • Cocoa beans
  • Methyl alcohol
  • Acetic acid
  • Steel scrap
  • Mobile phone chargers
  • Gemstones and diamonds
  • Camera lens for cellular mobile phones
  • Chemicals needed for petroleum products methanol
Costlier
  • Umbrella
  • Imitation Jewellery
  • Smart meters
  • Solar cells
  • Solar modules
  • X-ray machines
  • Unblended petrol and diesel
  • Headphones and earphones
  • Single or multiple loudspeakers
  • Parts of electronic toys
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Response to budget

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    Rate the Budget

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    Budget Trivia

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    Stats

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    More from budget

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    ‘Idea of Budget is to boost consumption’: DEA secretary Ajay Seth

    Ajay Seth (HT Photo)
    Updated on Feb 03, 2022 01:57 AM IST

    Budget for a modern, self-reliant nation: PM Modi

    Prime Minister Narendra Modi. 
    Updated on Feb 03, 2022 07:41 AM IST

    Next year's I-T return to have separate column for crypto income: Revenue secy

    The launch of 'Digital Rupee' by RBI as well as a 30 per cent tax from April 1 on profits from digital asset transactions, including cryptocurrencies and non-fungible tokens (NFTs) was announced by finance minister Nirmala Sitharaman in her budget speech on Tuesday, February 1, 2022. (Getty Images/iStockphoto)
    Published on Feb 02, 2022 06:23 PM IST

    Reaching new heights: Modi hails India's ‘success story’ in post-Budget address

    Prime Minister Narendra Modi addresses Bharatiya Janata Party (BJP) workers on Wednesday, February 2, 2022. 
    Updated on Feb 02, 2022 12:17 PM IST

    Digital Banking units to come up in 75 districts by scheduled banks, says FM

    Digital Banking units to come up in 75 districts.
    Published on Feb 02, 2022 07:46 AM IST

    CEA: India on track to becoming $5-trillion economy by FY26

    Chief Economic Adviser V Anantha Nageswaran.
    Published on Feb 02, 2022 07:40 AM IST

    RBI to launch a digital currency in FY23: Minister

    A central bank digital currency is the legal tender issued by it in a digital form.
    Published on Feb 02, 2022 07:38 AM IST

    Telecom sector gets 5G boost; Centre to infuse 44k crore into BSNL

    Experts said that continued emphasis on the importance of mobile connectivity and broadband for economic development, especially in rural India, will further boost telecom and associated sectors. 
    Published on Feb 02, 2022 07:32 AM IST

    Chip-based e-passports from 2022-23, says FM Sitharaman

    The e-passports will have embedded chips containing data related to the passport holder, like name, biometric data and other information, officials said.
    Published on Feb 02, 2022 07:25 AM IST

    Budget 2022: PM Modi's ‘Atmanirbhar Arthvyawastha’ address to BJP workers today

    Prime Minister Narendra Modi's address will take place virtually.
    Published on Feb 02, 2022 06:56 AM IST

    GST collection for January climbs to record 1.40 lakh crore

    The GST taxation system came into force on July 1, 2017.
    Updated on Feb 02, 2022 06:47 AM IST

    ‘This is a Budget for continuity’: Finance minister Nirmala Sitharaman

    Finance minister Nirmala Sitharaman. 
    Published on Feb 02, 2022 06:28 AM IST

    A growth-oriented Budget, capex push welcome: India Inc

    Union Budget 2022: Nirmala Sitharaman presenting Budget
    Updated on Feb 02, 2022 05:55 AM IST

    Market analysts back govt focus on growth, rue lack of direct stimulus

    On Tuesday, the BSE Sensex was up 848.40 points or 1.46%, ending at 58,862.57, while the 50-share index Nifty gained 237 points or 1.37% at 17,576.85.
    Published on Feb 02, 2022 05:49 AM IST

    Union budget: Centre announces record borrowing plan of 14.95 lakh crore

    “This budget continues to provide impetus for growth,” Sitharaman said in Parliament during her Budget speech.
    Published on Feb 02, 2022 04:55 AM IST

    Railways gets 2.38 lakh crore, 400 new high-speed trains

    The railways have been alloted 2.38 lakh crore for capital spending in 2022-23.
    Published on Feb 02, 2022 01:43 AM IST

    Govt revises disinvestment estimate by 55.4% to 78,000 crore

    Speaking to reporters after presenting the budget, finance minister Nirmala Sitharaman said that the government would continue the policy related to public sector enterprises as envisaged in the previous budget on February 1, 2021. (Bloomberg)
    Updated on Feb 02, 2022 04:52 AM IST

    Math of the economy: How to understand the Budget

    While the Budget has not made any explicit assumptions about petroleum prices, the Economic Survey has made its 8%-8.5% real growth projection assuming that crude prices will be in the range of $70-$75 per barrel. (Sanchit Khanna/HT PHOTO)
    Updated on Feb 02, 2022 01:49 AM IST

    25,000 km highways to be built under fresh connectivity push

    The 25,000 kms of national highways will be built by mobilising 20,000 crore,
    Published on Feb 02, 2022 03:13 AM IST
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