Live Updates - Union Budget 2022 Discussion Thread
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Parliament’s Budget Session to start from 31 January 2022
To keep things consolidated we will have all budget 2021 related discussions in this thread.
Do share your expectations from the budget
Deal Wiki
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Last updated by: Floriya
Watch Union Budget 2022
As a salaried middle class person who pays taxes every year, NOTHING. Government will do nothing for tax paying citizens as we are busy trying to earn a honest living and paying our taxes and don’t have time to unify and tell government to treat us fair.
People have been demanding increase in 80c limit from 1.5L to say 2.5L or so but nothing is being done. In fact I suspect they will completely remove 80c and only have new regime.
No matter whichever govt comes , income tax payer (TDS) have no means to save money.
No social security, no medical benefits , no free And quality education for honest tax payer. And then pay Indirect tax like all other folks of this country.
Basically govt ne choos rakha hai income tax payer ko
I will be the happiest person, if they don’t touch anything for income tax payers.
Removing the Old tax regime is high on cards. every year is like a bonus now (I guess corona had stopped them to do it last year).
And some more agri cess might be added to enhance the agricultural sector.
Also, whichever media you read.. believe me all are clickbait articles, they are just encashing advertisements on our article reads.
No expectations from the Government, this government has absolute majority, I can’t find any sense why they will give us some leeways. We are the only milkable cows left, rest protests.. we don’t/can’t.
Sunday Dada will thank us (all tax payers), Tue day Sita maiya will rip us.
No politics involved in my writing. Just another honest tax payer here. Feel free to write against me.. just come back post Tuesday and show your face here.
1L exemption for LTCG and 1.5L for 80C
You gotta be kidding me tablet Tai , its 2022 😒
But this Budget speech will serve as an advertisement opportunity for the UP, right under the nose of Election Commissioner. She will announce packages to lure Kisans of UP and Punjab and to whomsoever concerned in Goa 😀 and media will have debates round the clock to fit the narrative in the minds of voters. So expect the unexpected 😀
more backdoor benefits to big Corporates.
And jumla type 20-25 lac crore relief package to others.
whatever business or job you may be working in.
As usual political litterers , gang the thread and completely change the direction of threads , informative , suggestions and debatable threads are being regularly diverted by some paid dimers by making unnecessary memes , comments and the whole purpose of thread is lost .
Being humorous and sarcastic sometimes here and there in moderation is ok but always same kind of one sided bashing gives the impression that they are getting paid for it at the cost of forum
The Union Budget is for the people, but just where are they?
Check out the Open Forum Inviting Ideas and Suggestions for Union Budget 2022 – 2023, where the Union finance ministry has received 3,124 submissions or suggestions from the public through myGov.in website, now among the most popularly viewed in the country. The quality of proposals is mediocre at best.
India’s unemployment rate was on the rise even before the pandemic, from about 5 percent in FY17 to nearly 8 percent in FY20.
What do you guys think about Crypto Bill in India which can be a important topic in Budget 2022 and future of Cryptocurrency in India
Kindly Clear the thread of all unwanted comments including mine so that topic can be discussed / debated . Going thru the thread makes it useless to comment on topic
My Budget expections
1. first and foremost is basic exemption limit should be increased from current 2.5 lakhs to 3 lakhs(highly unlikely 
last hike was on 2014 budget by late arun jaitely)
2. Standard deduction should be increased to 75000 from 50000 because of work from home expenses
3. parents excluding senior citizens medical insurance should be increased to 50000 from 25000
4. For godsake, 80c limit should be increased to 2.5 Lakhs. Last revised on 2014 budget
5. Interest on home loan limit should be increased to 2.5 lakhs from 2 lakhs
6. Atlast 5% deduction for individuals who are earning above 10 L ( Even EWS category people are being called as poor for earning above 8 lakhs)
Expecting atleast 3 announcements out of the above 6.
I know it’s too much for tax payers to expect from Nirmala and current bjp regime. Still hoping for miracle because of upcoming 5 states assembly eelctions
Maybe due to elections some benefits may be announced
STT & LTGS Kam hoga to Nifty with in month me 22000 touch karega😃
Download CRED App and get 100% taxback for FY 2020-2021
bhai tax kaafi jyada hai. 100% nai milega, milega toh cred kaa loss hoga bahut. 🙂🙂🙂
ITC 300 pe touch hoga aagar cigrate pe tax cut kiya to😜
11:02 am : Union Finance Minister Nirmala Sitharaman announces the #UnionBudget2022 at the Parliament
11:10 am – Good governance,
PLI Scheme In 14 Sectors Has Received Excellent Response
‘Make In India’ Can Create 6 million New Jobs
Seek To Lay Foundation For The next 25 Years
NARCL Has Commenced Its Activities
LIC IPO Is Expected Shortly
11:13 am – Focus on Railways,
One station one product to help local business and supply chain
Badi badi bate ann wadapav khate, is actually real for me.
Ended up paying 8.5 lakhs in direct taxes this year, expecting to get 60k in return.
Aisa rahega toh ek din wada pav hi khana padega 🤣🤣
11:18 am - Use of kisan drones for digitalization of land records and spraying of nutrients
11:19 am – A fund to encourage startups – for agriculture
11:20 – For farmers, provide comprehensive package with state goverments.
MSME will be interlinked with other portals – providing G2C , B2C
80C limit will probably be decreased or some exemptions allowed will be removed. Not much expected for middle class from this govt.
Ken-Betwa river link project to be taken at cost of Rs 44,000 cr to benefit 900,000 farmers
What are your thinking & expectations on Union Budget 2022 which is going to present on 1st Feb 2022?
Share your thoughts on-
1. Budget 2022 expectations income tax charges.
2. Union budget for salaried employees.
3. Budget expectations for Stock Market.
4. Income tax slab for AY 2022-23
5. Budget expectations for Crypto Market.