Header Ads

Union Budget 2022-23: PDF in Hindi and English Both Language Available Here For UPSC, IAS Exams

 

union-budget-2022-23-pdf-download-in-hindi-and-english-both-language-available-here-for-upsc-ias-exams
Union Budget 2022-23: PDF in Hindi and English Both Language Available Here For UPSC, IAS Exams

Union Budget 2022-23: PDF in Hindi and English Both Language Available Here For UPSC, IAS Exams

Union Budget 2022-23 in Hindi and English: The Union Finance Minister Smt Nirmala Sitharaman presented the Union Budget 2022-23 in Parliament today, which is the second budget of this new decade and also a digital paperless form one in the backdrop of unprecedented COVID-19 crisis.

The Union Budget 2022-23 envisages a total outlay of Rs 39.45 lakh crore. India’s economic growth in the current year is estimated to be 9.2 per cent, highest among all large economies. 

The Budget proposals for 2022-23 rest on 4 pillars

  1. PM GatiShakti
  2. Inclusive Development
  3. Productivity Enhancement & Investment, Sunrise Opportunities, Energy Transition, and Climate Action
  4. Financing of Investments

Union Budget 2022-23: In Railways, ‘One Station-One Product’ concept will be popularised to help local businesses & supply chains. Moreover, as a part of Atmanirbhar Bharat, 2,000 km of network will be brought under Kavach, the indigenous world-class technology for safety and capacity augmentation in 2022-23. Four hundred new-generation Vande Bharat Trains with better energy efficiency and passenger riding experience will be developed and manufactured and one hundred PM GatiShakti Cargo Terminals for multimodal logistics facilities will be set up during the next three years.

Some important points of Union Budget 2022-23

  1. Chip based e-Passport
  2. Digital Rupee
  3. 5G Service 
  4. Virtual Digital Assets 

Chip based e-Passport e-Passports with embedded chip and futuristic technology to be rolled out.

Introduction of Digital Rupee by the Reserve Bank of India starting 2022-23, and impose 30% tax on "virtual digital assets".

Customs duty on cut and polished diamonds and gemstones being reduced to 5 per cent; Nil customs duty to simply sawn diamond - To give a boost to the Gems and Jewellery sector

Income Tax - Union Budget 2022-23 

There was no change in the personal income tax slab in Budget 2022. Exemption from filing income tax returns for senior citizens (75 years and above) who only have pension and interest income will no longer have to fill the ITR.

What will be expensive and cheap after Budget 2022-23? | What will be the impact of Budget 2022 on common man?

Finance Minister Nirmala Sitharaman to reduce custom duty on many products in the budget presented for 2022-23.

Cheap 

By reducing the custom duty in Budget 2022-23, Cut and polished Diamonds and Gems will be cheaper. 

Expensive 

Products like imported  umbrellas, loudspeakers, headphones, and imitation jewelry.

Union Budget 2022-23 Major Allocations - How many rupees have been allocated to which ministry?

  • The Ministry of Defence allocated ₹ 525166.15 in Budget 2022. 
  • The Ministry of Home Affairs allocated ₹ 185776.55 in Budget 2022.
  • The Ministry of Railways allocated ₹ 140367.13 in Budget 2022. 
  • The Ministry of Communications allocated ₹ 105406.82 in Budget 2022. 
  • The Ministry of Chemicals and Fertilisers allocated ₹ 107715.38 in Budget 2022. 
  • The Ministry of Agriculture and Farmers' Welfare allocated ₹ 132513.62 in Budget 2022. 
  • The Ministry of Rural Development allocated ₹ 138203.63 in Budget 2022. 
  • The Ministry of Road Transport and Highways allocated ₹ 199107.71 in Budget 2022.
  • The Ministry of Consumer Affairs, Food and Public Distribution allocated ₹ 217684.46 in Budget 2022.

*₹\Rs. Crore

Click Here To view Union Budget 2022-23 in Hindi PDF  

Click Here To view Union Budget 2022-23 in English PDF

Post a Comment

0 Comments