Union Budget 2022: Co-operative surcharge to be reduced from 12% to 7% says FM

Finance Minister Nirmala Sitharaman is presenting the Union Budget 2022 today.

Yogita
Updated on: 2022-02-01T13:30:20+05:30
Union Budget 2022: Co-operative surcharge to be reduced from 12% to 7% says FM
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Lucknow: Finance Minister Nirmala Sitharaman is presenting the Union Budget 2022 today.

There are many challenges in front of the government this time. Inflation has spoiled the taste of the kitchen. Youth are unhappy with unemployment. The focus of the government is also on increasing disinvestment and exports. People are also expecting relief regarding tax slabs.


Live Updates

  • 1 Feb 2022 7:59 AM GMT

    Union Budget 2022: What gets cheaper

    • Textiles, leather goods will be cheaper
    • Mobile phones and chargers will be cheaper
    • diamond jewelery will be cheaper
    • foreign machines will be cheaper
    • Custom duty reduced on polished diamonds

  • 1 Feb 2022 7:55 AM GMT

    Defence Ministry has been allocated Rs 1.52 lakh cr this yr for capital acquisition for modernisation of Armed forces. Of this, 68% has been earmarked for procurement from domestic sources. Allocation is around 13% higher than last yr’s allocation of Rs 1.35 lakh cr

  • 1 Feb 2022 7:05 AM GMT

    To provide an opportunity to correct an error, taxpayers can now file an updated return within 2 years from the relevant assessment year: FM Nirmala Sitharaman

  • 1 Feb 2022 7:05 AM GMT

    Customs duty on cut & polished diamonds, gems to be reduced to 5%: Finance Minister Nirmala Sitharaman

  • 1 Feb 2022 6:27 AM GMT

    BUDGET 2022

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  • 1 Feb 2022 6:20 AM GMT

    Animation, Visual Effects, Gaming and Comics (AVGC) sector offers immense potential to employ youth. An AVGC promotion task force with all stakeholders will be set up to recommend ways to realise this and build domestic capacity for serving our markets and the global demand: FM Sitharaman

  • 1 Feb 2022 6:10 AM GMT

    Budget 2022: What are the income tax-related expectations?

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  • 1 Feb 2022 6:05 AM GMT

    PM development initiatives for North East will be implemented for the North Eastern Council... This will enable livelihood activities for youth and women... This scheme is not a substitute for the existing Centre or State schemes: FM Nirmala Sitharaman

  • 1 Feb 2022 6:04 AM GMT

    Railways will develop new products for small farmers and MSMEs: FM

  • 1 Feb 2022 6:00 AM GMT

    States will be encouraged to revise syllabi of agricultural universities to meet needs of natural, zero-budget & organic farming, modern-day agriculture: FM Nirmala Sitharaman

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