Nirmala Sitharaman, the Union Finance Minister, presents the Union Budget 2022 for the fourth time.
Highlights:
Nirmala Sitharaman, the Union Finance Minister, presents the Union Budget 2022 for the fourth time.
She will give the fiscal year 2022-23 financial results and tax suggestions (April 2022 to March 2023).
As Union Finance Minister Nirmala Sitharaman departs the Finance Ministry to present the Budget in Parliament, a Made in India tablet has taken the place of the customary ‘Bahi Khata.’
V Anantha Nageswaran, India’s Chief Economic Advisor, released the Economic Survey 2021-22 on January 31, 2022.
The Indian economy is expected to develop at an annual rate of 8-8.5 percent in the fiscal year 2022-23, according to the government (FY23).
The Union Budget is a yearly financial report that estimates the government’s income and expenditures to propose future long-term Growth and development strategies.
The Annual Financial Statement refers to the year’s Union Budget, defined by Article 112 of the Indian Constitution (AFS).