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Business News: Key facts about the Union Budget that you should know

Key facts about the Union Budget that you should know : Rashtra News #Key #facts #Union #Budget Finance Minister Nirmala Sitharaman will on February 1 present her fourth straight Union Budget when she presents financial statements and tax proposals for fiscal year 2022-23 (April 2022 to March 2023). Here are some budget trivia:- * INDIA'S

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covid 2.0: Covid 2.0 threatens to upend FM's once-in-a-century Budget

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NEW DELHI: India's annual budget in February was lauded by many and raised hopes it would drive a sharp economic revival, but there are now fears that its promise may fall flat as it did not account for a crippling second wave of Covid-19 infections.
The budget aimed to revive Asia's third-largest economy via investing in infrastructure and health care, while relying on an aggressive privatisation strategy and robust tax collections - on the back of projected growth of 10.5 per cent - to fund its spending in the fiscal year.
Finance Minister Nirmala Sitharaman said India would not see such a budget in "100 years". At the time, a massive Covid-19 vaccination drive and a rebound in consumer demand and investments had put the economy on track to recover from its deepest recorded slump.

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