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Union Budget 2022 Live Updates: A Booster Dose For Economy Amid Pandemic, Or...

Union Budget 2022 Live Updates: A Booster Dose For Economy Amid Pandemic, Or...

NDTV
Tuesday, February 01, 2022 02:53:05 AM UTC

Union Budget 2022 live updates: With several big initial public offerings, or IPOs, lined up in India, what the government decides on corporate taxes and start-ups will be one of the most actively monitored announcements by Finance Minister Nirmala Sitharaman

The Union Budget 2022 is likely to focus on boosting spending for faster growth, especially after consumption slowdown due to the COVID-19 pandemic.

This is the sixth Budget session to be held since the outbreak of the pandemic in January 2020.

The key elements of the Union Budget 2022 that will be keenly watched include, among other things, individual income tax, Provident Fund, pensions and spending on healthcare, which has been one of the most active sectors due to rising medical claims.

With several big initial public offerings, or IPOs, lined up in India, which is home to a significant number of unicorns, what the government decides on corporate taxes and start-ups will be one of the most actively monitored announcements by Finance Minister Nirmala Sitharaman.

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