New Delhi: Union Finance Minister Nirmla Sitharaman presented Budget 2022-23 in Parliament. During presenting budget she said that Customs duty on cut-diamonds decreased to 5%, electronics manufacturing, duty concessions given for high growth of electronics objects. Faceless customs have done exceptional work against all odds and been an enabler in PLI & Ease of Doing Business. She said about Good Service Tax (GST) & Taxes that Taxpayers deserve applause who have diligently contributed to fulfilling their responsibilities in improved tax & GST. Moreover, GST revenues are buoyant despite the pandemic, gross GST collection for month of January are over Rs. 1.4 lakh crore.
Budget 2022 : ਕਿਸਾਨਾਂ ਨੇ ਸਰਕਾਰ ਨੂੰ ਫਿਰ ਛੇੜੀ ਕੰਬਣੀ, Budget 2022, ਦੇਖੋ ਕੀ ਹੈ ਖ਼ਾਸ? | D5 Channel Punjabi
The highest since the inception of GST. GST payed a remarkable reform in India’s GDP. Virtual digital assets to be taxed at 30% and 1 % TDS on transfer of virtual digital assets. Tax deduction limit to be reduced for central government employees from 18% to 15% in their contribution to NPAs. Existing tax benefits for Startups which were offered redemption of taxes for 3 consecutive years to be extended by 1 more year. Reduce of surcharge of cooperative societies from 12% to 7% for those having income below 1 crore.
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She also said that reduced alternate minimum tax for cooperatives from 18.5% to 15%. Digital currency to boost digital economy. Digital Rupee to be issued by RBI starting 2022-23. During presenting budget she said that We have further simplified tax system. Introducing new updated return where people can file updated return within 2 years of the filed IT Return.
Budget 2022 ਨਾਲ ਜੁੜੀ ਵੱਡੀ UPDATE, ਜਾਣੋ ਹੁਣ ਤੱਕ ਦਾ ਲੇਖਾ-ਜੋਖਾ? | D5 Channel Punjabi
Effective Capital Expenditure of the Central Govt is estimated at Rs 10.68 lakh crores in 2022-23, about 4.1% of GDP. To become sustainable & stronger we have set up a target to reach below 4.5% a fiscal deficit level. Revised estimate of capital expenditure is Rs. 6.3 lakh crore. Implementation of Ken Betwa Linking project at est. cost of Rs. 44,605 Cr. to be taken up with irrigation benefits to 9.0 lakh hectare farmland, drinking water to 62 lakh people, 103 MW hydropower. 27 MW solar power generation.
Budget 2022 : ਕੇਂਦਰ ਸਰਕਾਰ ਦੇ ਬਜਟ ’ਚ ਕਿਸਾਨਾਂ ਲਈ ਵੱਡੇ ਐਲਾਨ ! D5 Channel Punjabi
During presenting budget she said that Revised estimate of capital expenditure is Rs. 6.3 lakh crore. Rs. 1 lakh crore to assist the states in catalysing the overall investment in economy. These 50 years interest free loans are over and above the normal borrowings to the states. We are in the midst of the Omicron wave, the speed of our vaccination campaign has helped greatly. I am confident that ‘Sabka Prayaas’, we’ll continue with strong growth.
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She further said that In addition, Government back funds SIDBI fund of funds have provided scale capital creating a multiplier effect. Sovereign Green Bonds to be issued in public sector projects to reduce carbon footprint initiatives in the economy. Outlay for capital expenditure increased by 35.4% from previous year to 7.50 lakh crore in 2022-23. 5-7% biomass pellets will be co-fired in thermal power plants resulting in carbon dioxide savings of 38 mmt annually. Financial support will be provided to farmers wanting to take up Agro-Forestry: FM
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Besides this, The laying of optical fibre in villages to be completed by 2025. A task force for the promotion of AVGC will be set up, aiming to employ youth in the visuals & animation sector. Settlement of 75% of running bills in 10 days to be established. To reduce delays in payment, paperless ebills to be set up by the Ministries.Rs. 19,500 crore marked for PLI for manufacturing of high efficiency module for polysilicon.
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Our government is committed towards #AtmaNirbharBharat in armed forces. 68% of capital procurement budget will be earmarked for domestic industry for 2022-23 up from 58% in 2021-22. Green Energy & Clean Mobility systems have immense potential to modernise the country, make Indian industry more inclusive & generate employment for the youth. 68% of R&D budget in Defence earmarked for Make In India.
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Union Finance Minister Nirmla Sitharaman said that during presenting the budget Private sector will be encouraged to create sustainable and innovative business models for battery and energy as a service, improving the efficiency in the EV ecosystem. ‘One Nation, One Registration’ will be established for anywhere registration to facilitate ease of living & doing business. Battery Swapping Policy will be brought out & inter operational service will be formulated. Centres of Excellence will be established with an outlay of 250 crore for urban sector development.
Khabran Da Sira : ਕਿਸਾਨਾਂ ਦਾ ਨਵਾਂ ਐਲਾਨ, ਸਰਕਾਰ ਲਈ ਬਿਪਤਾ, ਕਸੂਤਾ ਫਸਿਆ ਮੁੱਖ ਮੰਤਰੀ, ਵੱਡੀ ਕਾਰਵਾਈ !
During presenting budget she said that For urban capacity building, modernization of building by laws, town planning schemes and transit oriented development will be implemented. ePassports will be rolled out in 2022-23 for convenience in overseas travel. With 1486 union laws repealed, Ease of Doing Business 2.0 will be launched. We will follow the idea of trust based government. With the aim to take Digital Banking to every citizen. 75 digital banking units in 75 districts of the country will be launched
Nirmala Sitharaman ਨੇ ਪੇਸ਼ ਕੀਤਾ Budget, ਦਿੱਤੇ ਖੁੱਲ੍ਹੇ ਗੱਫੇ | Budget 2022 Live | D5 Channel Punjabi
Nirmla Sitharaman said that In 2022, 100% of 1.5 lakh post offices will come on core banking system to facilitate financial inclusion. The coverage of Har Ghar Nal se Jal is 8.7 crores out of which 5.5 crore households were provided with tap water in the last 2 years itself. Border villages with sparse population with limited connectivity will be covered under ‘New Vibrant Villages Programme’. To improve quality of life, Aspirational Districts have translated into success.
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Besides this, 95% of 102 districts have made significant progress in key sectors. In 2022-23 80 lakh houses will be completed for identified beneficiaries of PM Awas Yojana. 60,000 houses will be identified as beneficiaries for PM Awas Yojana in rural & urban areas. Nari shakti is the Harbinger of our bright future. For women-led development, our government has launched: 1. Mission Shaki 2. Mission Vatsalya 3. Poshan 2.0.
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She also said that For mental health counselling, a National Tele Mental Health Program will be launched. A digital university will be developed to provide access to students for world-class quality education with ISTE Standards. ‘One Class One TV Channel’ will be increased from 12 to 200 TV Channels to provide supplementary education in regional languages for class 1-12. Skilling programs will be reoriented. For skilling, upskilling & reskilling of our youth, Digital DESH e-portal will be launched.
Budget 2022 : ਜਨਤਾ ਤੇ ਮਿਹਰਬਾਨ ਹੋਈ ਸਰਕਾਰ, ਦਿੱਤਾ ਵੱਡਾ ਤੋਹਫਾ | Nirmala Sitharaman | D5 Channel Punjabi
Sitharaman said that Hospitality services by the small & medium sector are yet to bounce back, therefore, the government has decided to extend the ECGL service for this sector by March 2023 with an increased cover of ₹50,000. For farmers to adopt to natural farming, comprehensive package for participation of State governments & MSMEs to be introduced. The implementation of the Ken-Betwa link worth ₹44,605 crore will be taken up at providing irrigation of over 9 lakh hectares of farmers land providing irrigation, farming & livelihood facilities to farmers & local population.
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Union Finance Minister said that Use of Kisan Drones for crop assessments, land records, spraying of insecticides is expected to drive a wave of technology in Agri & farming sector. Inclusive development is the government’s priority which includes farmers for Paddy, Kharif & Rabi crops under which 1,000 LMT Paddy is expected to be procured benefitting over 1 crore farmers. Natural farming will be promoted along Ganga corridor. As a part of #AtmaNirbharBharat over 2,000kms will be brought under KAWACH the indigenous world-class technology in 2022-23. ‘Parwatmala’ for conventional roads in hilly areas to be taken in PPP modes.
