Discover and read the best of Twitter Threads about #UnionBudget2022
Most recents (14)
Tweet thread: MOFSL Budget Synopsis. Union budget impact on sectors. Read the report here- shorturl.at/ruxUY #Budget2022 #UnionBudget2022 #bullbearbudget 
MOFSL Budget Synopsis (2/4) #Budget2022
MOFSL Budget Synopsis (3/4) #Budget2022
A Thread on Income Tax and Middle Class
1. #UnionBudget2022 placed. Apart from several excellent proposals and measures suggested in order to achieve sustainable growth of National economy, government suggested no change in the existing income tax rates and exemptions. This is
1. #UnionBudget2022 placed. Apart from several excellent proposals and measures suggested in order to achieve sustainable growth of National economy, government suggested no change in the existing income tax rates and exemptions. This is
2. exactly where d typical middle class, generally unaware of the intricate details of economics, remain interested. This is exactly the issue which concerns them the most and this is what they treat as yardstick to measure the extent of concern the government shows towards them.
3. Not unlike with any other previous governments of independent India,this time too they feel deprived. To understand the matter a little more precisely and to judge the extent of justification behind this feeling of the middle class, let us penetrate a little further.
#Budget
#Budget
👉Taxes
In case of errors, an updated return can be filed within 2 years from the end of relevant A.Y.
Surcharge on long-term capital gains capped at 15% (2/9)
In case of errors, an updated return can be filed within 2 years from the end of relevant A.Y.
Surcharge on long-term capital gains capped at 15% (2/9)
👉Cryptocurrency
Income from the transfer of virtual digital assets will be taxed at 30%.
Losses from these assets are neither eligible for deduction nor for set-off. (3/9)
Income from the transfer of virtual digital assets will be taxed at 30%.
Losses from these assets are neither eligible for deduction nor for set-off. (3/9)
IMHO different tax slabs required for salaried people & professionals. @nsitharaman
Professionals, entrepreneurs have ways to show expenditure while filing IT return. Earning 20 showing 6 is a go. Such scope absent for salaried people comprising 80% of IT payers.#UnionBudget2022
Professionals, entrepreneurs have ways to show expenditure while filing IT return. Earning 20 showing 6 is a go. Such scope absent for salaried people comprising 80% of IT payers.#UnionBudget2022
Most of these salaried IT payers are middle class people. #UnionBudget2022 should have brought tax relief to this segment.
GOI does not seem empathetic towards service holder middle class.
GOI does not seem empathetic towards service holder middle class.
From today's perspective, service holders who earn 7 lacs or near r not middle class but upper stratum of the bottom 50%.
Those earning 7 - 30 lacs from SERVICE r middle class in true sense. This segment is being heavily taxed as they don't have scope to evade. #UnionBudget
Those earning 7 - 30 lacs from SERVICE r middle class in true sense. This segment is being heavily taxed as they don't have scope to evade. #UnionBudget
With the shortest #UnionBudget, here are the quick pointers for India’s development journey as seen from the lens of the social development sector:
@shyamchivchiv @AshokGoelEP @mrugankmp @Nish4Impact @7Abhishekkumar @subhamize
@shyamchivchiv @AshokGoelEP @mrugankmp @Nish4Impact @7Abhishekkumar @subhamize
Basic #HumanDevelopment needs: Food, House, Water, Education, and Health see a substantial increment in #BudgetAllocation, a welcome step towards building a #StrongerNation with #StrongFoundation. #BudgetSession2022 @sanjeevsanyal
Glad to see #UnionBudget2022 providing a vision for #India100 based on technology & sound foundation of #SocialDevelopmentGoals. Let’s forge that vision, and build the Bharat of our dreams. @NITIAayog #UnionBudgetUpdates #NGO #BudgetSession2022
Want to know the real #climatebudget? Then look beyond Ministry of Environment. #ClimateCrisis is beyond carbon policies and schemes. It's where money is being allocated to not just mitigate but also add to fuel the crisis (1/n) #UnionBudget2022 #India
Let’s take health ministry for example. One of the big reasons we are all bothered about climate is because it’s impact on health. India has some of the most polluted cities in the world, which means more people at risk from respiratory disorders. (2/n)
But you will not find any specific allocation in the health ministry’s budget for respiratory or lung missions, or any new project announced for the same. So firstly, enough money is not allocated under the National Clean Air Action Programme (NCAP) #UnionBudget2022
Summary #UnionBudget2022
• FY23, planned expenditure = 39.45 Lakh Cr; planned revenue = 22.84 Lakh Cr
• FY22 fiscal deficit: 6.90%; FY23 estimated at 6.40%
• PIL outlay of 30 Lakh Cr, aims at 60 Lakh new jobs
• FY23 divestment at 65,000cr.
• FY22 GDP at 9.27%.
#Budget2022
• FY23, planned expenditure = 39.45 Lakh Cr; planned revenue = 22.84 Lakh Cr
• FY22 fiscal deficit: 6.90%; FY23 estimated at 6.40%
• PIL outlay of 30 Lakh Cr, aims at 60 Lakh new jobs
• FY23 divestment at 65,000cr.
• FY22 GDP at 9.27%.
#Budget2022
• New scheme for branding promotion of Millet Product & domestic production of oil seeds
• Emergency Credit Line Guarantee to continue till 31st Mar FY23 with new outlay of 50 Lakh Cr
• Inter Operation between Post Office & Bank Account
• Digital Banking Unit in 75 districts
• Emergency Credit Line Guarantee to continue till 31st Mar FY23 with new outlay of 50 Lakh Cr
• Inter Operation between Post Office & Bank Account
• Digital Banking Unit in 75 districts
• E Passport with embedded chip to be introduced
• 68% of defense capex budget for domestic firms
• Capex 7.50 Lakh Cr in FY23 (up by 35.4%)
• Sovereign Green Bond introduction for energy & allied sector funding
• GIFT IFSC – International Arbitration Tribunal to be set up
• 68% of defense capex budget for domestic firms
• Capex 7.50 Lakh Cr in FY23 (up by 35.4%)
• Sovereign Green Bond introduction for energy & allied sector funding
• GIFT IFSC – International Arbitration Tribunal to be set up
LIVE UPDATES of Union Budget 2022
Watch live here: bit.ly/3riMAms
#Budget2022 #UnionBudget2022 #PMGatiShakti
Watch live here: bit.ly/3riMAms
#Budget2022 #UnionBudget2022 #PMGatiShakti
LIVE UPDATES of Union Budget 2022
Watch live here: bit.ly/3riMAms
#Budget2022 #UnionBudget2022 #DigitalBanking
Watch live here: bit.ly/3riMAms
#Budget2022 #UnionBudget2022 #DigitalBanking
Nirmala Sitharaman presents #Budget2022 in Parliament, #Sensex jumps over 800 points
Catch all the #BudgetSession2022 live updates.👇
scroll.in/latest/1016370…
Catch all the #BudgetSession2022 live updates.👇
scroll.in/latest/1016370…
#BudgetSession2022
The Budget seeks to lay a blueprint for the next 25 years, says the finance minister.
“We are confident of withstanding challenges amid the coronavirus pandemic,” says #NirmalaSitharaman.
Catch all the #Budget2022 live updates.👇
scroll.in/latest/1016370…
The Budget seeks to lay a blueprint for the next 25 years, says the finance minister.
“We are confident of withstanding challenges amid the coronavirus pandemic,” says #NirmalaSitharaman.
Catch all the #Budget2022 live updates.👇
scroll.in/latest/1016370…
Nirmala Sitharaman says the government strives to provide necessary ecosystem for middle class.
“This Budget hopes to lay the foundation for Amrit Kal from India at 75 to India at 100,” she adds.
Catch all the #Budget2022 live updates.👇
scroll.in/latest/1016370…
“This Budget hopes to lay the foundation for Amrit Kal from India at 75 to India at 100,” she adds.
Catch all the #Budget2022 live updates.👇
scroll.in/latest/1016370…
PLI in 14 Sectors to create 50 lakh new jobs and additional production of Rs 30 lakh Cr
Budget lays blueprint of Amritkaal
Modern Infra for India at 100 with Multi modal approach
PM GatiShakti,Energy transition, Climate Action to fuel Sustainable development
#UnionBudget2022
Budget lays blueprint of Amritkaal
Modern Infra for India at 100 with Multi modal approach
PM GatiShakti,Energy transition, Climate Action to fuel Sustainable development
#UnionBudget2022
PM #GatiShakti Master Plan to power 25000km of Highways
Unified Logistics Interface Program for JIT Inventory Management
Railways to fuel Logistics for Small Farmers
One Station One Product for Local Businesses
2000km under Kawach
400 Vande Bharat Trains
100 Cargo Terminals
Unified Logistics Interface Program for JIT Inventory Management
Railways to fuel Logistics for Small Farmers
One Station One Product for Local Businesses
2000km under Kawach
400 Vande Bharat Trains
100 Cargo Terminals
NRDP for Better Connectivity
Rs 20000Cr to boost Transport Infra
Rs 2.73 lakh Cr as Public Procurement/MSP for Wheat &Paddy
Focus on Natural,Chemical Free& Zero Budget Farming
Drones for Agriculture
ECLGS till March 2023,with total cover of Rs 5 lakh Cr
##Budget2022
#Budget
Rs 20000Cr to boost Transport Infra
Rs 2.73 lakh Cr as Public Procurement/MSP for Wheat &Paddy
Focus on Natural,Chemical Free& Zero Budget Farming
Drones for Agriculture
ECLGS till March 2023,with total cover of Rs 5 lakh Cr
##Budget2022
#Budget
#Budget 2022 | What are #NirmalaSitharaman’s options amid polls, Covid uncertainty and price rise?
The government is expected to increase spending in infrastructure and health sectors, but tax relief for the middle class doesn’t seem to be on cards.
scroll.in/latest/1016274/
The government is expected to increase spending in infrastructure and health sectors, but tax relief for the middle class doesn’t seem to be on cards.
scroll.in/latest/1016274/
#Budget2022 | With as many as five states set to go to polls within days of the Union Budget, Finance Minister Sitharaman might have an eye on providing relief to the salaried class.
What might the finance minister announce in the #Budget today? ⬇️
scroll.in/latest/1016274
What might the finance minister announce in the #Budget today? ⬇️
scroll.in/latest/1016274
#Budget2022 | The government is likely to announce incentives for opting for the new tax regime that had been announced two years ago, but did not find too many takers, according to the Mint. scroll.in/latest/1016274/
#UnionBudget2022
#UnionBudget2022
#UnionBudget2022 Script by me-ji
08:00 : @ShereenBhan , @latha_venkatesh ,
@SumairaAbidi @_soniashenoy wakes up and heads to the CNBC Studio wearing the best possible attire as if its meri dost ka shaadi
08:00 : @ShereenBhan , @latha_venkatesh ,
@SumairaAbidi @_soniashenoy wakes up and heads to the CNBC Studio wearing the best possible attire as if its meri dost ka shaadi
9.15: Gap Up Probability of 16/24 since 2002 , total 24 budgets , 12 by @BJP4India , 12 by @INCIndia , 5 assisted by @cpimspeak , including 4 interim budgets
916-1055 :Calm Before the Storm
Gita Gopinath says,India to become $4 trillion by 2024-25,which is excellent,despite a debilitating pandemic
#LargestVaccineDrive under #PMModi is working wonderfully well
My thread on #EconomicSurvey2022,which shows,Growth,under @narendramodi govt,is on track
#VShapedRecovery
#LargestVaccineDrive under #PMModi is working wonderfully well
My thread on #EconomicSurvey2022,which shows,Growth,under @narendramodi govt,is on track
#VShapedRecovery
Industrial growth estimated at 11.8% &Services at 8.2% in FY22 show how Economy under @narendramodi is ready to fire on all cylinders
Most Growth Parameters are back to pre-Pandemic levels,as India heads into #UnionBudget2022
#GDP&GVA growth 1.3%&1.9% over Pre #COVID19 levels
Most Growth Parameters are back to pre-Pandemic levels,as India heads into #UnionBudget2022
#GDP&GVA growth 1.3%&1.9% over Pre #COVID19 levels
#EconomicSurvey shows,be it Operationalisation of Airports or Spread of Bank Branches, @narendramodi govt has truly transformed India,with financial inclusion getting top priority
India set to be Fastest growing for next 2yrs as per IMF,thx to bold reforms by #PMModi
#Modinomics
India set to be Fastest growing for next 2yrs as per IMF,thx to bold reforms by #PMModi
#Modinomics
