India has announced that its top diplomats in the Beijing embassy will not attend the opening or closing ceremony of the 2022 Winter Olympics in the Chinese capital.

India's top diplomats in China to not attend the 2022 Beijing Winter Olympics

Pharmaceutical company Zydus Cadila has started supplying its COVID-19 vaccine to the Indian government nearly six months after it had been authorized for emergency use.

Zydus Cadila begins supplying its COVID-19 vaccine to the Indian government

India has now announced a 500 million dollar loan to Sri Lanka for the purchase of petroleum products. It will help finance urgent oil needs for the cash strapped nation.

Sri Lanka gets 500 million dollar loan from India

"One of the ways in which we want to keep the economic momentum growing is by building infrastructure...this is one of the fastest ways of generating jobs," says India's principal economic advisor Sanjeev Sanyal as he decodes India's Budget 2022.

India Union Budget 2022: India to be world's fastest growing economy, says Sanjeev Sanyal

India has refused to pick a side in the Russia-Ukraine conflict. It abstained from a vote at the UNSC on discussing the issue. Was it the right move? Should India have taken a stand? Palki Sharma gets you a report.

Gravitas: Russia Vs Ukraine: India abstains from UNSC vote

India's 2022 budget is tailored for the long-term with a focus on climate action, mental health and start-ups. What are the 6 big positives of this budget? Has India moved on from the era of grand populist budgets? Palki Sharma tells you.

Gravitas: India's budget 2022: The hits and misses

In this year's budget, India's Finance Minister Nirmala Sitharaman announced plans to double down on spending commitments. The economy needs a booster shot of bold reforms. Has the budget delivered that? Palki Sharma brings you the top 10 highlights.

Gravitas: Budget 2022: India to spend big to spur growth

Indian Finance Minister Nirmala Sitharaman on Tuesday unveiled the budget for fiscal 2022-23. A one-year extension for the incentives provided to start-ups has been announced.

Start-ups can expect a big relief as government tax benefits for businesses that have received tax redemption for three consecutive years will be extended by one more year until March 31, 2022.

“Startups have emerged as a growth driver for the economy. Tax incentives for startups increased from three years to four years of incorporation, in view of the pandemic,” the minister said while announcing the Union Budget 2022.

Additionally, the minister proposed to extend the capital gains tax exemption for investments in start-ups by one year, to March 31, 2022.&nbsp;

“In order to incentivise startups in the country, I propose to extend the eligibility for claiming tax holiday for startups by one more year till March 31, 2022…In order to incentivise funding for the startups, I propose to extend the capital gains exemption for investment in startups by one more year till March 31, 2022,” Sitharaman said.

Additionally, she said start-ups would be supported to facilitate 'Drone Shakti' through various applications and drone subscription services

Introducing a new concept, she said that "startups will be promoted to facilitate Drone Shakti through varied applications and for a drone as a service."

Further, she announced that a fund would be raised under the co-investment model and facilitated through NABARD to finance start-ups for agriculture and rural enterprise that are relevant to value chains for farm products.&nbsp;

In addition, Sitharaman said that start-ups would support FPOs and provide technology to farmers.

Indian Finance Minister Nirmala Sitharaman on Tuesday unveiled the budget for fiscal 2022-23. A one-year extension for the incentives provided to start-ups has been announced.

Indian Finance Minister Nirmala Sitharaman on Tuesday unveiled the budget for fiscal 2022-23. A one-year extension for the incentives provided to start-ups has been announced. Start-ups can expect a big relief as government tax benefits for businesses that have received tax redemption for three consecutive years will be extended by one more year until March 31, 2022. “Startups have emerged as a growth driver for the economy. Tax incentives for startups increased from three years to four years of incorporation, in view of the pandemic,” the minister said while announcing the Union Budget 2022. Additionally, the minister proposed to extend the capital gains tax exemption for investments in start-ups by one year, to March 31, 2022. “In order to incentivise startups in the country, I propose to extend the eligibility for claiming tax holiday for startups by one more year till March 31, 2022…In order to incentivise funding for the startups, I propose to extend the capital gains exemption for investment in startups by one more year till March 31, 2022,” Sitharaman said. Additionally, she said start-ups would be supported to facilitate 'Drone Shakti' through various applications and drone subscription services Introducing a new concept, she said that "startups will be promoted to facilitate Drone Shakti through varied applications and for a drone as a service." Further, she announced that a fund would be raised under the co-investment model and facilitated through NABARD to finance start-ups for agriculture and rural enterprise that are relevant to value chains for farm products. In addition, Sitharaman said that start-ups would support FPOs and provide technology to farmers.

Indian Union Budget 2022: What the start-ups received from this year's budget

Indian Finance Minister Nirmala Sitharaman presented the annual Union Budget for the year 2022-2023 in the Parliament on Tuesday, February 1 in the nation's capital New Delhi.&nbsp;

Introducing a new concept, Sitharaman said that "startups will be promoted to facilitate Drone Shakti through varied applications and for a drone as a service."

"In select ITIs in all states, the required courses for skilling will be started," she further added.&nbsp;

<a href="https://www.wionews.com/business-economy/live-india-union-budget-2022-nirmala-sitharamans-budget-speech-underway-449352">Also read |&nbsp;Live | India Union Budget 2022: FM Nirmala Sitharaman announces creation of 6 million jobs</a>

In her opening remarks, Sitharaman said that India's growth is estimated to be at 9.2 per cent, which happens to be the highest among all large economies. As per the Finance Minister, this year's Union Budget seeks to lay the foundation and give a blueprint of the economy over 'Amrit Kal' of next 25 years - from India at 75 to India at 100.&nbsp;

The nation is battling the Omicron wave but the speed of the vaccination campaign has helped. "I am confident that 'Sabka Prayaas' we'll continue with strong growth," said Sitharaman.

This year, the budget will be available on an application named "Union Budget Mobile App".&nbsp;The app was launched last year for easy access to Budget documents by Members of Parliament (MPs) and the general public.&nbsp;

Indian Finance Minister Nirmala Sitharaman presented the annual Union Budget for the year 2022-2023 in the Parliament on Tuesday, February 1 in the nation's capital New Delhi.

Indian Finance Minister Nirmala Sitharaman presented the annual Union Budget for the year 2022-2023 in the Parliament on Tuesday, February 1 in the nation's capital New Delhi. Introducing a new concept, Sitharaman said that "startups will be promoted to facilitate Drone Shakti through varied applications and for a drone as a service." "In select ITIs in all states, the required courses for skilling will be started," she further added. Also read | Live | India Union Budget 2022: FM Nirmala Sitharaman announces creation of 6 million jobs In her opening remarks, Sitharaman said that India's growth is estimated to be at 9.2 per cent, which happens to be the highest among all large economies. As per the Finance Minister, this year's Union Budget seeks to lay the foundation and give a blueprint of the economy over 'Amrit Kal' of next 25 years - from India at 75 to India at 100. The nation is battling the Omicron wave but the speed of the vaccination campaign has helped. "I am confident that 'Sabka Prayaas' we'll continue with strong growth," said Sitharaman. This year, the budget will be available on an application named "Union Budget Mobile App". The app was launched last year for easy access to Budget documents by Members of Parliament (MPs) and the general public.

Indian Union Budget 2022: Startups will be promoted to facilitate 'Drone Shakti': FM Nirmala Sitharaman

Indian Finance Minister Nirmala Sitharaman on Tuesday unveiled the budget for fiscal 2022-23, which aims to boost growth amid continued disruption from COVID-19 and rising inflation.

While announcing the budget, the Indian FM talked about how the pandemic has affected the mental health of people and the steps being taken by the government to deal with this major side-effect of the pandemic.&nbsp;

She said that "the pandemic has accentuated mental health problems in people of all ages. To better the access to quality mental health counselling and care services, a National Tele Mental Health program will be launched."

<a href="https://www.wionews.com/business-economy/live-india-union-budget-2022-finance-minister-nirmala-sitharaman-arrives-at-rashtrapati-bhavan-449352">Click here to get live updates</a>&nbsp;

Further explaining the program, she explained that 23 nodal centres for telemedical mental health will be operated, with NIMHANS serving as the nodal centre. The International Institute of Information Technology, Bengaluru (IIIT) will provide technical support, she added.&nbsp;

Worldwide, mental health problems have been reported as a result of this global humanitarian crisis.

Several factors have contributed to a steep rise in depression and anxiety, including restrictions on social contact, lockdowns, economic insecurity, and school and business closures.

According to a study published in The Lancet medical journal in October, major depressive and anxiety disorders are increasing substantially, especially among women and youth.

In India, the prevalence of such disorders has increased by about 35%, according to the study.&nbsp;

In 2020, researchers estimate an additional 76.2 million cases of anxiety disorders and 53.2 million cases of major depression due to the pandemic. Accordingly, the disorders grew by 25.6% and 27.6%, respectively.

Indian Finance Minister Nirmala Sitharaman on Tuesday unveiled the budget for fiscal 2022-23, which aims to boost growth amid continued disruption from COVID-19 and rising inflation.

Indian Finance Minister Nirmala Sitharaman on Tuesday unveiled the budget for fiscal 2022-23, which aims to boost growth amid continued disruption from COVID-19 and rising inflation. While announcing the budget, the Indian FM talked about how the pandemic has affected the mental health of people and the steps being taken by the government to deal with this major side-effect of the pandemic. She said that "the pandemic has accentuated mental health problems in people of all ages. To better the access to quality mental health counselling and care services, a National Tele Mental Health program will be launched." Click here to get live updates Further explaining the program, she explained that 23 nodal centres for telemedical mental health will be operated, with NIMHANS serving as the nodal centre. The International Institute of Information Technology, Bengaluru (IIIT) will provide technical support, she added. Worldwide, mental health problems have been reported as a result of this global humanitarian crisis. Several factors have contributed to a steep rise in depression and anxiety, including restrictions on social contact, lockdowns, economic insecurity, and school and business closures. According to a study published in The Lancet medical journal in October, major depressive and anxiety disorders are increasing substantially, especially among women and youth. In India, the prevalence of such disorders has increased by about 35%, according to the study. In 2020, researchers estimate an additional 76.2 million cases of anxiety disorders and 53.2 million cases of major depression due to the pandemic. Accordingly, the disorders grew by 25.6% and 27.6%, respectively.

Indian Union Budget 2022: A National Tele Mental Health programme to be launched

Indian Finance Minister Nirmala Sitharaman on Tuesday unveiled the budget for fiscal 2022-23, which aims to boost growth amid continued disruption from COVID-19 and rising inflation.

Announcing the budget Sitharaman said that the "issuance of E-passports will be rolled out in 2022-23 to enhance convenience for citizens.".

<a href="https://www.wionews.com/business-economy/live-india-union-budget-2022-finance-minister-nirmala-sitharaman-arrives-at-rashtrapati-bhavan-449352">Click here to get live updates</a>&nbsp;

It is expected that the next-generation passports will ensure the security of biometric data and facilitate smooth passage through immigration posts worldwide.&nbsp;

However, the idea of e-passports is not new, S Jaishankar, the former foreign affairs minister, announced the idea of the e-passport some time ago.

While India does not yet issue biometric passports for ordinary citizens, diplomatic and official passports have been biometrically secured since 2008, when then-President Pratibha Patil was issued the country's first e-passport.

The move will allow India to join some 150 countries that issue biometric passports, such as the UK, Germany, Bangladesh, etc.

Indian Finance Minister Nirmala Sitharaman on Tuesday unveiled the budget for fiscal 2022-23, which aims to boost growth amid continued disruption from COVID-19 and rising inflation. Announcing the budget Sitharaman said that the "issuance of E-passports will be rolled out in 2022-23 to enhance convenience for citizens.". Click here to get live updates It is expected that the next-generation passports will ensure the security of biometric data and facilitate smooth passage through immigration posts worldwide. However, the idea of e-passports is not new, S Jaishankar, the former foreign affairs minister, announced the idea of the e-passport some time ago. While India does not yet issue biometric passports for ordinary citizens, diplomatic and official passports have been biometrically secured since 2008, when then-President Pratibha Patil was issued the country's first e-passport. The move will allow India to join some 150 countries that issue biometric passports, such as the UK, Germany, Bangladesh, etc.

Indian Union Budget 2022: Country to roll out next-generation e-passports for citizens

While presenting the Budget 2022-2023, Indian Finance Minister Nirmala Sitharaman announced the 'One class, one TV channel' programme of Prime Minister Narendra Modi's government.&nbsp;

She said that the programme eVIDYA will be expanded from 12 to 200 television channels which will enable all states to provide supplementary education in regional languages for classes 1 to 12 in the country.&nbsp;

The coronavirus (COVID-19) pandemic has forced the students to stay at home and away from their schools, being reliant on online schooling. Such an expansion of the scheme is expected to help students&nbsp;across the country to a larger extent.&nbsp;

She&nbsp;also proposed to set up a digital university to provide education that will be built on a hub and spoke model

<a href="https://www.wionews.com/business-economy/live-india-union-budget-2022-finance-minister-nirmala-sitharaman-arrives-at-rashtrapati-bhavan-449352">Click here to get live updates</a>&nbsp;

In the presence of PM Modi, FM Sitharaman presented the annual Union Budget for the year 2022-2023 in Parliament on Tuesday (February 1). &nbsp;

She has also said that India's growth is estimated to be at 9.2 per cent, the highest among all large economies as the nation is now in a strong position to withstand challenges, such as coronavirus (COVID-19).&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/business-economy/india-union-budget-2022-sitharaman-unveils-india-100-key-points-449424">India Union Budget 2022: Sitharaman unveils India @ 100 - Key points</a>

The budget was paperless - just like last year but it will be available on an application named "Union Budget Mobile App". The app was launched last year for easy access to Budget documents by Members of Parliament (MPs) and the general public.&nbsp;

While presenting the Budget 2022-2023, Indian Finance Minister Nirmala Sitharaman announced the 'One class, one TV channel' programme of Prime Minister Narendra Modi's government.

While presenting the Budget 2022-2023, Indian Finance Minister Nirmala Sitharaman announced the 'One class, one TV channel' programme of Prime Minister Narendra Modi's government. She said that the programme eVIDYA will be expanded from 12 to 200 television channels which will enable all states to provide supplementary education in regional languages for classes 1 to 12 in the country. The coronavirus (COVID-19) pandemic has forced the students to stay at home and away from their schools, being reliant on online schooling. Such an expansion of the scheme is expected to help students across the country to a larger extent. She also proposed to set up a digital university to provide education that will be built on a hub and spoke model Click here to get live updates In the presence of PM Modi, FM Sitharaman presented the annual Union Budget for the year 2022-2023 in Parliament on Tuesday (February 1). She has also said that India's growth is estimated to be at 9.2 per cent, the highest among all large economies as the nation is now in a strong position to withstand challenges, such as coronavirus (COVID-19). ALSO READ | India Union Budget 2022: Sitharaman unveils India @ 100 - Key points The budget was paperless - just like last year but it will be available on an application named "Union Budget Mobile App". The app was launched last year for easy access to Budget documents by Members of Parliament (MPs) and the general public.

'One class, one TV channel': PM Narendra Modi government's gift to students in Budget 2022

Indian Finance Minister Nirmala Sitharaman presented the country's Budget for the year 2022-2023 on Tuesday (February 1) in the Parliament in the presence of Prime Minister Narendra Modi and other members.&nbsp;

While presenting the Budget, Sitharaman said that the government has comprehensively revamped schemes of the Ministry of Women and Child Development such as Mission Shakti, Mission Vatsalya, Saksham Anganwadi and Poshan 2.0 to provide benefits.&nbsp;

The finance minister further said that the PM development initiatives for North East will be implemented for the North Eastern Council, which will enable livelihood activities for youth and women. This scheme is not a substitute for the existing Centre or State schemes.&nbsp;

<a href="https://www.wionews.com/business-economy/live-india-union-budget-2022-finance-minister-nirmala-sitharaman-arrives-at-rashtrapati-bhavan-449352">Click here to get live updates</a>&nbsp;

Overall, this year's Union Budget seeks to lay the foundation and give a blueprint of the economy over 'Amrit Kal' of next 25 years - from India at 75 to India at 100.&nbsp;

Reflecting on the economy, Sitharaman said that India's growth is estimated to be at 9.2 per cent, the highest among all large economies as the nation is now in a strong position to withstand challenges, such as coronavirus (COVID-19).&nbsp;

The finance minister further said that the nation is in the midst of the Omicron wave but the speed of the vaccination campaign has helped greatly. She said, "I am confident that 'Sabka Prayaas' we'll continue with strong growth."

Indian Finance Minister Nirmala Sitharaman presented the country's Budget for the year 2022-2023 on Tuesday (February 1) in the Parliament in the presence of Prime Minister Narendra Modi and other members.

Indian Finance Minister Nirmala Sitharaman presented the country's Budget for the year 2022-2023 on Tuesday (February 1) in the Parliament in the presence of Prime Minister Narendra Modi and other members. While presenting the Budget, Sitharaman said that the government has comprehensively revamped schemes of the Ministry of Women and Child Development such as Mission Shakti, Mission Vatsalya, Saksham Anganwadi and Poshan 2.0 to provide benefits. The finance minister further said that the PM development initiatives for North East will be implemented for the North Eastern Council, which will enable livelihood activities for youth and women. This scheme is not a substitute for the existing Centre or State schemes. Click here to get live updates Overall, this year's Union Budget seeks to lay the foundation and give a blueprint of the economy over 'Amrit Kal' of next 25 years - from India at 75 to India at 100. Reflecting on the economy, Sitharaman said that India's growth is estimated to be at 9.2 per cent, the highest among all large economies as the nation is now in a strong position to withstand challenges, such as coronavirus (COVID-19). The finance minister further said that the nation is in the midst of the Omicron wave but the speed of the vaccination campaign has helped greatly. She said, "I am confident that 'Sabka Prayaas' we'll continue with strong growth."

Budget 2022: Revamped schemes for women & child development will provide benefits, says Sitharaman

Indian Finance Minister Nirmala Sitharaman presented the annual Union Budget for the year 2022-2023 in the Parliament in the nation's capital New Delhi on Tuesday (February 1).&nbsp;

In her opening remarks, Sitharaman said that India's growth is estimated to be at 9.2 per cent, the highest among all large economies as the nation is now in a strong position to withstand challenges, such as coronavirus (COVID-19).&nbsp;

The finance minister further said that the nation is in the midst of the Omicron wave but the speed of the vaccination campaign has helped greatly. She said, "I am confident that 'Sabka Prayaas' we'll continue with strong growth."

<a href="https://www.wionews.com/business-economy/live-india-union-budget-2022-finance-minister-nirmala-sitharaman-arrives-at-rashtrapati-bhavan-449352">Click here to get live updates</a>&nbsp;

The finance minister further said that this year's Union Budget seeks to lay the foundation and give a blueprint of the economy over 'Amrit Kal' of next 25 years - from India at 75 to India at 100.&nbsp;

The budget was paperless - just like last year but it will be available on an application named "Union Budget Mobile App". The app was launched last year for easy access to Budget documents by Members of Parliament (MPs) and the general public.&nbsp;

The mobile app allows complete access to 14 Union Budget documents, including the Budget Speech, Annual Financial Statement (commonly known as Budget), Demand for Grants (DG), Finance Bill etc. as prescribed by the Constitution.&nbsp;

Indian Finance Minister Nirmala Sitharaman presented the annual Union Budget for the year 2022-2023 in the Parliament in the nation's capital New Delhi on Tuesday (February 1).

Indian Finance Minister Nirmala Sitharaman presented the annual Union Budget for the year 2022-2023 in the Parliament in the nation's capital New Delhi on Tuesday (February 1). In her opening remarks, Sitharaman said that India's growth is estimated to be at 9.2 per cent, the highest among all large economies as the nation is now in a strong position to withstand challenges, such as coronavirus (COVID-19). The finance minister further said that the nation is in the midst of the Omicron wave but the speed of the vaccination campaign has helped greatly. She said, "I am confident that 'Sabka Prayaas' we'll continue with strong growth." Click here to get live updates The finance minister further said that this year's Union Budget seeks to lay the foundation and give a blueprint of the economy over 'Amrit Kal' of next 25 years - from India at 75 to India at 100. The budget was paperless - just like last year but it will be available on an application named "Union Budget Mobile App". The app was launched last year for easy access to Budget documents by Members of Parliament (MPs) and the general public. The mobile app allows complete access to 14 Union Budget documents, including the Budget Speech, Annual Financial Statement (commonly known as Budget), Demand for Grants (DG), Finance Bill etc. as prescribed by the Constitution.

Union Budget 2022: India's Finance Minister Sitharaman says growth expected at 9.2%

Should we expect a big bang budget this time? Sumit Chaturvedi and Gautam Chikermane talks to Suman Bery for in-depth analysis.

Union Budget 2022: All eyes on finance minister Nirmala Sitharaman

In a proposal, the Institute of Chartered Accountants of India (ICAI) has written to the Ministry of Finance of Indian government to hike the annual limit for contribution to Public Provident Fund (PPF) to Rs 3,00,000. &nbsp; &nbsp;

Presently, the limit for the savings component is Rs 1,50,000 under section 80C of the income tax rules. &nbsp;&nbsp;

This comes as the government is going to present the Budget 2022-23 on Tuesday. &nbsp;

Also Read |&nbsp;<a href="https://www.wionews.com/business-economy/live-budget-2022-updates-nirmala-sitharaman-to-begin-presentation-shortly-449407" hreflang="en">LIVE Budget 2022 Updates: Nirmala Sitharaman to begin presentation shortly</a>

It has also asked the government to increase the maximum limit for deduction under section 80CCF to Rs 3,00,000 from Rs 1,50,000. &nbsp;

The suggestions are a part of a pre-Budget memorandum made by the ICAI. Along with these, the organisation has made various other recommendations. &nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/business-economy/ahead-of-india-union-budget-2022-sensex-and-nifty-surge-in-early-trade-449412" hreflang="en">Ahead of India Union Budget 2022, Sensex and Nifty surge in early trade</a>

"PPF is used as a means of savings by entrepreneurs and professionals. While the assesses in employment have the compulsion of saving 12% of their salary (with matching contribution from employers), the only safe and tax efficient saving option available for self-employed assesses is PPF. Hence, the suggestion to increase the ceiling of PPF contribution to Rs 3,00,000," said ICAI. &nbsp;&nbsp;

The raise in ceiling of 15-year investment scheme PPF will boost the domestic savings and will have an anti-inflationary impact, ICAI said. &nbsp;

(With inputs from agencies)&nbsp;

In a proposal, the Institute of Chartered Accountants of India (ICAI) has written to the Ministry of Finance of Indian government to hike the annual limit for contribution to Public Provident Fund (PPF) to Rs 3,00,000.

In a proposal, the Institute of Chartered Accountants of India (ICAI) has written to the Ministry of Finance of Indian government to hike the annual limit for contribution to Public Provident Fund (PPF) to Rs 3,00,000. Presently, the limit for the savings component is Rs 1,50,000 under section 80C of the income tax rules. This comes as the government is going to present the Budget 2022-23 on Tuesday. Also Read | LIVE Budget 2022 Updates: Nirmala Sitharaman to begin presentation shortly It has also asked the government to increase the maximum limit for deduction under section 80CCF to Rs 3,00,000 from Rs 1,50,000. The suggestions are a part of a pre-Budget memorandum made by the ICAI. Along with these, the organisation has made various other recommendations. Also Read: Ahead of India Union Budget 2022, Sensex and Nifty surge in early trade "PPF is used as a means of savings by entrepreneurs and professionals. While the assesses in employment have the compulsion of saving 12% of their salary (with matching contribution from employers), the only safe and tax efficient saving option available for self-employed assesses is PPF. Hence, the suggestion to increase the ceiling of PPF contribution to Rs 3,00,000," said ICAI. The raise in ceiling of 15-year investment scheme PPF will boost the domestic savings and will have an anti-inflationary impact, ICAI said. (With inputs from agencies)

Indian Union Budget 2022: ICAI asks government to hike annual limit for contribution to PPF to Rs 3,00,000

India's Union Minister of State for Finance Pankaj Chaudhary said that this year's budget will have something for everyone as the country's Finance Minister Nirmala Sitharaman is set to present the union budget for 2022-23 on Tuesday (February 1).&nbsp;

This year's budget is extremely crucial as India's economy is showing signs of recovery from the problems created by the ongoing coronavirus (COVID-19) pandemic.&nbsp;

Ahead of the budget presentation, Chaudhary was quoted by ANI news agency as saying, "The budget will ensure there is something for everyone. Finance Minister Nirmala Sitharaman will present an inclusive budget, in line with each and every sector's needs.&nbsp;

"It will benefit everyone. All sectors, including farmers, should have expectations from today's budget. I request all to have a bit of patience. People will be very happy with this budget," he added.&nbsp;

<a href="https://www.wionews.com/business-economy/live-india-union-budget-2022-finance-minister-nirmala-sitharaman-arrives-at-rashtrapati-bhavan-449352">Click here to get live updates</a>&nbsp;

The Indian government is expected to announce measures to boost GDP growth and strengthen the infrastructure of the country. Some experts said that the budget might give special focus to the education and health sectors.&nbsp;

In this year's budget, the customary 'halwa ceremony' to mark the final stage of the budget-making exercise was not held due to Covid protocols.&nbsp;

Instead, the government distributed packed sweets among the core staff members involved in the budget-making.&nbsp;

The budget will also be paperless - just like last year but it will be available on an application named "Union Budget Mobile App". The app was launched last year for easy access to Budget documents by Members of Parliament (MPs) and the general public.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/business-economy/india-budget-2022-govts-supply-side-reforms-prepare-economy-for-long-term-expansion-says-fm-sitharaman-449345">India Budget 2022: Govt's supply-side reforms prepare economy for long-term expansion, says FM Sitharaman</a>

The mobile app allows complete access to 14 Union Budget documents, including the Budget Speech, Annual Financial Statement (commonly known as Budget), Demand for Grants (DG), Finance Bill etc. as prescribed by the Constitution.&nbsp;

The budget session of parliament is being held in two parts. The first part will continue till February 11 and the second part from March 14 to April 8.&nbsp;

India's Union Minister of State for Finance Pankaj Chaudhary said that this year's budget will have something for everyone as the country's Finance Minister Nirmala Sitharaman is set to present the union budget for 2022-23 on Tuesday (February 1).

India's Union Minister of State for Finance Pankaj Chaudhary said that this year's budget will have something for everyone as the country's Finance Minister Nirmala Sitharaman is set to present the union budget for 2022-23 on Tuesday (February 1). This year's budget is extremely crucial as India's economy is showing signs of recovery from the problems created by the ongoing coronavirus (COVID-19) pandemic. Ahead of the budget presentation, Chaudhary was quoted by ANI news agency as saying, "The budget will ensure there is something for everyone. Finance Minister Nirmala Sitharaman will present an inclusive budget, in line with each and every sector's needs. "It will benefit everyone. All sectors, including farmers, should have expectations from today's budget. I request all to have a bit of patience. People will be very happy with this budget," he added. Click here to get live updates The Indian government is expected to announce measures to boost GDP growth and strengthen the infrastructure of the country. Some experts said that the budget might give special focus to the education and health sectors. In this year's budget, the customary 'halwa ceremony' to mark the final stage of the budget-making exercise was not held due to Covid protocols. Instead, the government distributed packed sweets among the core staff members involved in the budget-making. The budget will also be paperless - just like last year but it will be available on an application named "Union Budget Mobile App". The app was launched last year for easy access to Budget documents by Members of Parliament (MPs) and the general public. ALSO READ | India Budget 2022: Govt's supply-side reforms prepare economy for long-term expansion, says FM Sitharaman The mobile app allows complete access to 14 Union Budget documents, including the Budget Speech, Annual Financial Statement (commonly known as Budget), Demand for Grants (DG), Finance Bill etc. as prescribed by the Constitution. The budget session of parliament is being held in two parts. The first part will continue till February 11 and the second part from March 14 to April 8.

Budget 2022-2023: Indian minister says 'inclusive budget' will ensure there is something for everyone

A big day for India today as budget 2022 is going to be announced under the shadow of Omicron virus variant. FM Nirmala Sitharaman is all set table the annual budget today, it is the second budget after global covid-19 pandemic started. To discuss all that and much more, we are joined by professor Makarand R Paranjape, Director, Indian Institute of Advanced Study.

Union Budget 2022: Second budget under shadow of global covid-19 pandemic, here are key expectations

The bull run continued in the Indian stock markets for most of the last year. Stock options and IPOs were a dominant theme in 2021. Today we are going to discuss what the markets are expected to do in 2022, Will the market investors be taxed more in the upcoming budget or will they be given relief.

India's Budget 2022 with Gautam Chikermane: Taxation, investments and stock markets

How did India handle the Covid-19 crisis? What does the health sector expect from India's Budget 2022? Will health insurance services be expanded? Watch WION's special show ahead of India's Union Budget, with Gautam Chikermane.

India's Budget 2022 with Gautam Chikermane: India's performance in handling Covid crisis?

Finance Minister Nirmala Sitharaman called on Ram Nath Kovind before presenting the Union Budget for 2022-23 in Parliament on Tuesday. She met the President as part of established tradition.

The Finance Minister was accompanied by Ministers of State for Finance Pankaj Chaudhary, Bhagwat Karad and senior officials from the Ministry.

Taking to Twitter, Rashtrapati Bhavan said, "Nirmala Sitharaman, Minister of Finance along with Ministers of State for Finance, Dr Bhagwat Kishanrao Karad, Pankaj Chaudhary, and senior officials of the Ministry of Finance, called on President Ram Nath Kovind before presenting the Union Budget 2022-23."

The Union Budget 2022 will be presented in a short while from now. The Minister carried the digitalised budget in a tablet kept inside a red coloured cover with a golden coloured national emblem embossed on it instead of the traditional briefcase or `bahi khata` for the second consecutive year.

Earlier in the day, MoS Chaudhary said that the budget will be inclusive, benefiting everyone. "Finance Minister Nirmala Sitharaman will present an inclusive budget, in line with each and every sectors` needs. It will be benefiting everyone...All sectors (including farmers) should have expectations from today`s budget," he said.

<a href="https://www.wionews.com/business-economy/live-india-union-budget-2022-sitharaman-reaches-parliament-budget-speech-at-11-am-449352">Also read |&nbsp;Live | India Union Budget 2022: Sitharaman reaches Parliament; Budget speech at 11 am</a>

One of the most keenly awaited announcements in the union budget, like every year, would be related to personal taxation.

In every budget income tax rates and slabs are reviewed. However, the income tax slabs have not been changed since 2014.

Sitharaman will be making her fourth budget speech on Tuesday. On Monday, she tabled this year`s Economic Survey, centred around the theme of "Agile approach", which forecasted India`s economy to grow by 9.2 per cent during financial year 2021-22 and by 8-8.5 per cent in fiscal 2023 beginning 1 April.

The Macroeconomic stability indicators of the Economic Survey suggested that the Indian economy is well placed to take on the challenges of 2022-23.

"The combination of high foreign exchange reserves, sustained foreign direct investment, and rising export earnings will provide an adequate buffer against possible global liquidity tapering in 2022-23," it stated.

Notably, India`s foreign reserves crossed USD 600 billion in the first half of 2021-22 and touched USD 633.6 billion as of December 31, 2021.

As per the Survey, India`s merchandise exports and imports rebounded strongly and surpassed pre-COVID levels during the current financial year, indicating a significant pickup in net services despite weak tourism revenues.

The Budget Session of the Parliament commenced on January 31 with President Ram Nath Kovind`s address.

The first part of the Union Budget Session of Parliament will be held from January 31 to February 11 and the second part of the budget session will take place from March 14 to April 8.&nbsp;

Finance Minister Nirmala Sitharaman called on Ram Nath Kovind before presenting the Union Budget for 2022-23 in Parliament on Tuesday. She met the President as part of established tradition.

Finance Minister Nirmala Sitharaman called on Ram Nath Kovind before presenting the Union Budget for 2022-23 in Parliament on Tuesday. She met the President as part of established tradition. The Finance Minister was accompanied by Ministers of State for Finance Pankaj Chaudhary, Bhagwat Karad and senior officials from the Ministry. Taking to Twitter, Rashtrapati Bhavan said, "Nirmala Sitharaman, Minister of Finance along with Ministers of State for Finance, Dr Bhagwat Kishanrao Karad, Pankaj Chaudhary, and senior officials of the Ministry of Finance, called on President Ram Nath Kovind before presenting the Union Budget 2022-23." The Union Budget 2022 will be presented in a short while from now. The Minister carried the digitalised budget in a tablet kept inside a red coloured cover with a golden coloured national emblem embossed on it instead of the traditional briefcase or `bahi khata` for the second consecutive year. Earlier in the day, MoS Chaudhary said that the budget will be inclusive, benefiting everyone. "Finance Minister Nirmala Sitharaman will present an inclusive budget, in line with each and every sectors` needs. It will be benefiting everyone...All sectors (including farmers) should have expectations from today`s budget," he said. Also read | Live | India Union Budget 2022: Sitharaman reaches Parliament; Budget speech at 11 am One of the most keenly awaited announcements in the union budget, like every year, would be related to personal taxation. In every budget income tax rates and slabs are reviewed. However, the income tax slabs have not been changed since 2014. Sitharaman will be making her fourth budget speech on Tuesday. On Monday, she tabled this year`s Economic Survey, centred around the theme of "Agile approach", which forecasted India`s economy to grow by 9.2 per cent during financial year 2021-22 and by 8-8.5 per cent in fiscal 2023 beginning 1 April. The Macroeconomic stability indicators of the Economic Survey suggested that the Indian economy is well placed to take on the challenges of 2022-23. "The combination of high foreign exchange reserves, sustained foreign direct investment, and rising export earnings will provide an adequate buffer against possible global liquidity tapering in 2022-23," it stated. Notably, India`s foreign reserves crossed USD 600 billion in the first half of 2021-22 and touched USD 633.6 billion as of December 31, 2021. As per the Survey, India`s merchandise exports and imports rebounded strongly and surpassed pre-COVID levels during the current financial year, indicating a significant pickup in net services despite weak tourism revenues. The Budget Session of the Parliament commenced on January 31 with President Ram Nath Kovind`s address. The first part of the Union Budget Session of Parliament will be held from January 31 to February 11 and the second part of the budget session will take place from March 14 to April 8.

India Budget 2022: FM Nirmala Sitharaman calls on President Kovind

Indian Finance Minister Nirmala Sitharaman is set to present her 4th budget on February 1. While the country awaits what's in store for the common man in Budget 2022, here's a look at how a brownish briefcase became a major part of the budget. From briefcase to Made in India iPad, the Indian budget has come a long way.

A brief history about India's budget briefcase

The Union Budget session of Indian Parliament has kickstarted on Monday with President Ram Nath Kovind's address to the joint sitting of both houses in the Central Hall.

Budget 2022: 'Sabka sath, Sabka Vikas,'  Indian Prez Kovind highlights govt's agenda for growth

Ahead of India's Budget Session, the country's Prime Minister Narendra Modi urged the Members of Parliament (MPs) to hold discussions with an open mind, aiming to take the country on the path of development.

Ahead of India's Budget Session 2022, PM Narendra Modi urges MPs to discuss with open mind

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