Catch the Budget 2022 Highlights
Union Budget 2022 LIVE Stream
Budget 2022 Overview
Union Budget 2022 Announced by |
Nirmala Sitharaman (Minister of Finance) |
Submitted to |
Parliament of India |
Budget 2021 date |
1st Feb 2022 |
Party |
Bharatiya Janata Party |
Finance minister |
Nirmala Sitharaman |
Union Budget 2022-23, 1st February 2022
- The Union Budget of India is going live paperless, for the first time ever
- Honourable Finance Minister is presenting the budget on Lok Sabha TV channel, live streaming also available on
- Youtube Channel – https://youtu.be/W8EuS_G5_bg
- Twitter Handle – https://twitter.com/FinMinIndia
- Facebook Live – https://www.facebook.com/finmin.goi/
- It is being expected that the budget is focused on bringing relief to Covid-19 affected families.
- Expecting an increase in the standard deduction for the salaried class.
- Expecting an announcement for the increase in the basic exemption limit for the Income Tax.
- Hopeful about benefits in the healthcare and medicine sector due to the ongoing pandemic.
- A lower GST rate in raw materials to the SMEs and MSMEs is being expected.
- Hopeful about more benefits to start-ups under Section 80 – IAC.
- Awaiting a clarity between the old tax regime and new tax regime.
FAQ’s on Union Budget 2022
When will the new budget 2022-23 be implemented?
The Budget 2022 will be implemented from 1st April 2022.
What is the total budget of India 2022-23?
The total budget of India for the Financial Year 2022-2023 is expected to be around INR 40 trillion.
What are the three types of budgets?
There are three types of budget, viz; a balanced budget, a surplus budget, a deficit budget.