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Union Budget 2022| Impactful long-term growth-oriented Budget: Mohit Malhotra, CEO, Dabur

CFO News Room

Finance Minister Nirmala Sitharaman’s shortest Budget ever may not have met the general expectations of being a short-term consumption booster, but it surely has all the right ingredients for becoming an impactful long-term growth-oriented move.

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Budget 2022: Digital rupee from FY23

CFO News Room

The Union Budget for 2022-23 made a string of other announcements on digital payments, including a plan to offer netbanking to depositors with India Post and another to set up 75 digital banking units across as many districts.

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Union Budget 2022: Tech push for agri sector

CFO News Room

In her Budget speeches for 2019-20 and 2020-21, finance minister Nirmala Sitharaman referred to ZBNF as ‘innovative model for doubling farmers’ income’. To reduce import dependence, the Budget has also proposed formulation of a comprehensive scheme for boosting domestic production of oilseeds.

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Budget 2022: A thumbs-up for Digital India

CFO News Room

The Indian technology sector saw several major announcements in the Union Budget 2022, with a few misses in the startup segment. Budget 2022 said startups incorporated between April 1, 2016 to March 31, 2023 can qualify as eligible startups for income tax benefits.

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AFP FP&A Guide: Scenario Planning

Inflexible budgets break; scenario planning is a complementary, structured approach to creating flexibility in planning and operations. This guide presents practical, actionable steps to integrate scenario planning into y

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Union Budget 2022: Centre allocates Rs 73,000 crore to MGNREGA, 25.51% lower than 2021-22 revised estimate

CFO News Room

Finance Minister Nirmala Sitharaman had allocated Rs 73,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Programme in last year’s budget too.

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Union Budget 2022-23: Govt maintains focus on sector

CFO News Room

While the sizeable increase in infra spend and sectoral initiatives in Union Budget augur well, there is need for policy reforms that help create a robust private investment ecosystem. Let us now come to financing, which has been called out separately in the budget document.

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Budget 2022: Govt’s higher market borrowing plan makes bond market jittery

CFO News Room

lakh crore, against the Budget estimate of Rs 12.05 Also Read| Budget 2022: FM proposes to permit taxpayers to file updated ITR on payment of additional tax. The Budget has projected a fiscal deficit of 6.4% The government will borrow Rs 14.95

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Budget 2022: A shot in the arm for digital India

CFO News Room

Continuing the same spirit in defence allocations, 68% of the defence capital procurement budget for domestic players will also go a long way in strengthening the domestic hi-tech manufacturing ecosystem. Budget 2022 is one of the more progressive Budgets we have had in recent years.

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Companies boosting tech budgets despite recession risk

CFO Dive

companies are expanding their technology budgets to drive growth, PwC found in a survey Despite the prospect of recession, more than half of U.S.

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Market gives thumbs up to Budget 2022

CFO News Room

The equity market witnessed some wild swings on the Budget Day, with the Sensex rebounding after losing more-than 2% from the day’s high. But unlike other Budget Days, benchmarks ended the day in the green, as investors cheered a growth-oriented Budget.

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Budget 2022: Finance Minister spurs spending to sustain economic recovery

CFO News Room

Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 Union Budget 2022: Finance Minister Nirmala Sitharaman on Tuesday unveiled a bigger Rs 39.45 Also read| Check latest LIVE updates on Budget 2022 here.

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Budget 2022: FM proposes cut in customs duties on certain chemicals

CFO News Room

Also Read: Budget 2022 Live Updates: FM makes big announcements Digital Currency, Jobs, Infrastructure, PM Gati Shakti. Finance Minister Nirmala Sitharaman on Tuesday proposed to reduce customs duties on certain chemicals, including methanol, to promote domestic manufacturing.

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Budget 2022 | Delicate balance between near-term goals, blueprint for future: Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank

CFO News Room

Budget 2022-23 has has attempted to strike a delicate balance between near-term priorities and long-term objectives by seeking to provide immediate comfort to the vulnerable impacted by the Covid-19 pandemic, and preparing a blueprint for India’s future at the same time. Timely and effective execution of this year’s Budget proposals, while keeping the fiscal deficit in check, will be key to sustaining the economic growth momentum India has seen in recent times.

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Rampant budget cuts anticipated amid recession fears

CFO Dive

The study by CFO.com shows that companies are planning as if a recession will happen, even if there are mixed views about the economy

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SEC commissioner opposes ‘ballooning’ PCAOB budget

CFO Dive

The PCAOB has stirred up criticism since SEC Chair Gary Gensler shook up its leadership and called for sharper regulation of the firms that audit public companies

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Union Budget 2022: Govt raises farm credit target to Rs 18 lakh crore for FY23

CFO News Room

The official was briefing reporters about the Budget proposals in the presence of Finance Minister Nirmala Sitharaman here. The government is providing a 2 per cent interest subsidy to ensure farmers get short-term farm loans of up to Rs 3 lakh at an effective rate of 7 per cent per annum.

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Budget & Sustainable Development Goals: The first of the million steps towards net zero

CFO News Room

The Budget’s hallmark lies in the courage of conviction the finance minister exhibited post-Budget during the meet-the-press and Sunday afternoon tete-a-tete with India Inc at the FICCI’s executive meet. How will this Budget be evaluated from the standpoint of sustainability?

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Why the Budget Deficit Is Falling

CFO News Room

The explanation is “the net result of large decreases in pandemic-related spending offset by smaller increases in other spending,” as the Congressional Budget Office puts it in its April budget summary. President Joe Biden speaks about inflation at the White House on May 10.

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Budget 2022: Rs 60,000cr allocated to provide tap water connections to 3.8 cr households, says FM

CFO News Room

Presenting the Union Budget 2022-23, she also informed that the government has decided to extend the period of incorporation by one year up to March 31, 2023, for startups to avail tax incentives. Also read| Check latest LIVE updates on Budget 2022 here.

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Budgeting ESG Synergy

CFO News

This article seeks to analyze the impact of the Indian Budget for 2023-2024 on corporate sustainability and ESG integration as the core business strategy

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Falling Markets Will Crush Government Budgets

CFO News Room

Are federal and state officials aware of the damage plunging markets will soon do to public budgets and finances? Appeared in the May 17, 2022, print edition as ‘Swooning Markets Will Crush Government Budgets.’ A trader works on the floor of the New York Stock Exchange, Aug.

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Budget 2022 | Steering the economy — From India at 75 to India at 100: Sanjay Tolia, partner, Price Waterhouse & Co LLP

CFO News Room

Tthe Budget is a testimony to the fact that good voluntary tax compliance leads to better revenue collection and a stable tax regime. The FM entered Parliament to present her fourth Budget with a ‘Made in India’ tablet wrapped in a red pouch like a traditional bahi khata. In the words of the FM, the Budget sought to lay the foundation and give a blueprint to steer the economy over the Amrit Kaal of the next 25 years – from India at 75 to India at 100.

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Budget 2022| Conservative budget estimates leave room for pandemic response, macroeconomic risks: Moody’s

CFO News Room

Union Budget 2022: Moody’s Investors Service on Friday said India’s conservative budget assumptions leave room for the government to respond to prevailing macroeconomic and pandemic risks over the next year. Mirroring the government’s conservative growth assumptions, the revised budget estimates for fiscal 2021 show revenue receipts growing only 27.2 India’s budget projects a narrowing in the central government deficit to 6.4

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Top-down budgeting vs bottom-up budgeting: Which one is best for your business?

CFO Dive

In this article, we'll go over both approaches to budgeting so you can pick the one that works best for your business

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Union Budget can lead to more jobs, better healthcare: Saugata Gupta, CEO, Marico

CFO News Room

The previous year’s Budget focused on foundational measures towards a consumer-driven economy while keeping a keen eye on post-Covid recovery. The Union Budget continues the policy direction set by last year’s Budget. Also Read | Union Budget 2022: Tech push for agri sector.

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Budget 2022: Key loan scheme for MSMEs fortified, limit hiked to Rs 5L cr

CFO News Room

Also Read | Budget 2022 focuses on ease of doing business for MSMEs but fails to address 90% of unorganised sector. Similarly, through the CGTMSE, the government will offer guarantee to catalyse the flow of institutional credit to these small businesses without collateral. In FY21, about 8.36

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CFOs plan to cut staff, increase hiring budgets

CFO Dive

Concern about higher wages and a skilled labor shortage are foremost in CFOs minds as they grapple with continued economic headwinds

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Congress Rejects Biden’s Defense Budget

CFO News Room

Congress has been working on next year’s defense budget, and for the second year in a row members of both parties have rejected President Biden’s proposal as insufficient. The Biden budget asked to build eight ships but retire 24, putting the fleet on track to shrink to 280 ships in 2027 from about 300. The House and Senate will have to iron out their differences, and the money will still have to be appropriated in a budget deal.

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Budget infuses more atmanirbharta into MSMEs — Sanjay Agarwal

CFO News Room

Crucially, while the Budget had a clear digital focus, it did not leave the needs of the grassroots unattended. The policies announced in the Budget have meaningfully addressed these needs with emphasis on making access to capital simpler and seamless.

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Raise Residential Taxes? Bring in Casinos? Cities Look at Ways to Bolster Budgets

CFO News Room

Now, city leaders are looking for new and innovative ways to bolster their budgets and restore financial health longer term. Many U.S.

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CFOs budget to party like it’s 2009

CFO Dive

While some companies are splurging, the share of businesses surveyed that have holiday parties teed up is hovering near a pre-pandemic low

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Budget capex not as high as it sounds: Crisil Research

CFO News Room

Amid FY23 Union Budget’s focus on investments, leading domestic credit rating agency Crisil on Wednesday said that the capital expenditure is “not as high as it sounds”. IEBR has been budgeted at 1.82 per cent from the budget estimate of 2.39

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Budget proposals, recent monetary policy set tone for broad-based economic revival: RBI

CFO News Room

The 2022-23 Budget proposals and the recent monetary policy announcements have set the tone for a durable and broad-based economic revival which has started gaining traction as the nation emerges from the third wave of the COVID-19 pandemic, according to an RBI article.

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Budget assumptions prudent, will help macro-fundamentals to hold-up amid Ukraine tensions, says CEA Nageswaran

CFO News Room

Amid heightened concerns over the impact of the Russian invasion of Ukraine on the Indian economy, Chief Economic Advisor V Anantha Nageswaran on Friday said prudent budget assumptions for FY23 will ensure that the macro-fundamentals will be able to hold-up in the near-term.

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