Key Highlights of Union Budget 2022-23

Under Article 112 of the Constitution, a statement of estimated receipts and expenditure of the Government of India has to be laid before Parliament in respect of every financial year which runs from 1st April to 31st March. This statement titled “Annual Financial Statement” is the main Budget document.

The Union Minister for Finance & Corporate Affairs tabled the Union Budget 2022-23 on 1st February, 2022.

A Brief Analysis of Budget 2022-23

  • Boost to Private Sector: The government conspicuously accepted the role of facilitator in investment, providing the lead role to the private sector. The government capex (up 9 percent over ....
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