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Budget 2022 LIVE updates: Sitharaman at North Block, Budget speech at 11 am
Budget 2022 LIVE updates: Finance Minister Nirmala Sitharaman will present the annual Union Budget 2022-23 in Parliament today. Follow Business Standard for LIVE updates
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Budget 2022 | Nirmala Sitharaman | Budget Speech
BS Web Team |
Last Updated at February 1, 2022 09:01 IST
EVENT HIGHLIGHTS
Budget 2022 LIVE updates: Finance Minister Nirmala Sitharaman will present her fourth Union Budget in Parliament at 11 am today. The Budget speech will be keenly watched by both domestic and foreign investors, various interest groups like farmers, crypto Investors, anxious middle class and corporate entities, besides parliamentarians.
On Monday, the Economic Survey 2021-22, tabled by Finance Minister Nirmala Sitharaman in Parliament, projected the economy to grow by 8-8.5% in the financial year beginning April 1 and said it was well placed to meet the future challenges on the back of widespread vaccine coverage, supply-side reforms and easing of regulations. The Survey expects the economy to grow by 9.2% during the current financial year, indicating a recovery to the pre-pandemic level.
Budget 2022 will also be keenly watched for any change in income tax rates and income tax slabs, besides the finance minister's fiscal deficit target and disinvestment road map.
Stay tuned for Budget 2022 LIVE updates with Business Standard
While the country awaits FM Sitharaman's Budget presentation, there are some key issues we must keep in mind, as mentioned by principal economic advisor Sanjeev Sanyal -- we live in uncertain times. Geopolitical risks are bubbling up, oil prices have spiked up and withdrawal of global liquidity by major central banks is likely.
Stay tuned for Budget 2022 LIVE updates with Business Standard
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