To keep the economic wheel rolling, all eyes are now set on the government’s Union Budget for 2022-23. Policies, incentives and taxations announced during the budget session play a crucial role in the upliftment of sectors and in elevating their development. As the Indian economy deals with the ramifications of the pandemic and other external factors, necessary government measures can provide the much-needed respite.

For more budget related insights and updates, follow #GTonBudget on social media handles.

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Expert insights from Union Budget 2022

With a vision to establish a trustworthy tax regime, the FM has proposed many changes such as the new concept of filing an updated return, litigation management to avoid repetitive appeals by the department, clarity on long pending issue of taxation of virtual digital, etc. These proposals will also impact a cross section of individual taxpayers.
Among other changes, reduction in surcharge for LTCG (unlisted shares, houses etc.) is a welcome step which will result in reducing the effective rate of tax on LTCG from 28.5% to 23.92% for all types of assets. Further, with an intent to provide relief to the those impacted due to Covid, all medical expenses and ex-gratia on death received from employer would be exempt. Also, benefit for deduction of insurance premium for disabled dependant has been expanded. The key miss in the Budget includes rationalisation of income tax slabs, hike in standard deduction, hike in section 80C limit, work from home tax benefits etc. which leaves common man’s expectations unfilled.
Overall, a balanced act with growth and stability as the underlying theme.

Akhil Chandna, Partner - Tax, Grant Thornton Bharat

The Union Finance Minister has announced revamping of SEZ laws by replacing existing legislation with a new legislation to come into effect from September 2022. Automation and ease of doing business being key objectives, it has been proposed that SEZs would be completely automated in partnership with Customs Administration through ICEGATE portal. Further, to achieve operational efficiency, existing comprehensive check has been proposed to be replaced with risk-based approach for verification. While detailed roadmap for implementation is yet to be seen, these changes would go long way in boosting Indian economy and making India a globally competitive market.

Praveen Kashyap, Executive Director - Tax, Grant Thornton Bharat

The government has laid down a strong growth path for the real estate sector. The various policy announcements, significant push toward affordable housing by allocating 48,000 crore and the ease of process related to approvals is a welcome move. Creation of a high-level committee of urban planners for urban planning and governance augurs well for the real estate sector going forward. Creation of unified logistics platform and grant of infrastructure status to data centres will provide impetus to commercial and industrial real estate.

Neeraj Sharma, Chartered Accountant, New Delhi

Budget lays down the government’s high focus on tech and start-ups for creating a strong Digital India. The budget recognises the key role played by PE and VC investors and setting up of an expert advisory committee to study regulations is a welcome step. Finally, the extension of the incentive for start-ups by 1 more year as well as capping the surcharge for long-term capital gains is boost for the start-up community. The miss in my view is lack of mention around direct overseas listings and SPACs, which could have strengthened the access to capital for India Inc.

Raja Lahiri, Partner and TMT Leader, Grant Thornton Bharat

The Budget focuses on long-term growth and envisions building a strong and bold economy with emphasis on domestic manufacturing, digitisation, rural upliftment and planned urbanisation. It also lays emphasis on fiscal deficit consolidation in the near future, on the basis of a continued strong economic recovery despite the ongoing pandemic. The tax proposals broadly follow the principles of consistency, with measures to reduce repetitive litigation and rationalisation of customs regime. The proposals for taxation of virtual digital assets will shape a new era of taxation regime around cryptocurrencies and similar investments.

Vikas Vasal, National Managing Partner - Tax, Grant Thornton Bharat

The budget has announced tactical steps for the Indian automotive sector. The introduction of battery swapping policy towards energy transition and enabled charging infrastructure, opening R&D defense as growth area for auto component manufacturers, and focus on public electric vehicle (EV) transport are major resolutions. The offered Production-Linked Incentives (PLI) for manufacturing of solar panels would allow global competitiveness. Furthermore, the extended tax exemption to start-ups, prioritising employment generation with skill development, and increased de-carbonisation efforts would bring prominence to sector. Meanwhile, the sector was expecting a more consistent GST slab with EV financing and incentives, which was a miss. However, rural side reforms are a tremendous opportunity that can lead to an uptick in the low sales volume. The plan for national expressways would ensure better fuel efficiency and benefits to the commercial vehicle segments, which is further likely to increase investor, consumer and manufacturer confidence in the sector. This paradigm would need effective translation for a significant progress in putting Indian auto industry on the global map.

Saket Mehra, Partner and Auto Sector leader, Grant Thornton Bharat

Budget lays emphasis on long-term growth through capital formation, infrastructure development and digitisation, with emphasis on domestic manufacturing and supporting the rural economy. On the tax and policy front, rationalisation of Customs regime, fresh look at the SEZ policy and steps to reduce litigation on repetitive matters are welcome steps.

Vikas Vasal, National Managing Partner - Tax, Grant Thornton Bharat

Overall, a very consistent and simple budget with 100% directional alignment to last year's budget focus on building #TRUST. This shows the long term focus of the government versus too many changes whilst keeping the option of announcing reforms throughout the year. No one can complain that commitment to predictability, reducing ambiguity and litigation has not remained a steady focus.

Vishesh C. Chandiok, CEO, Grant Thornton Bharat

Digital banking has changed the economic landscape of the country. The existing network of post offices across the country being enabled with banking capabilities will play a vital role in the county’s journey towards becoming a USD 5 trillion economy.

Ravinder Reddy, Partner, Grant Thornton Bharat

Entire digitisation of highways, roadside assistance, travel services and providing services, such as charging stations for EVs, will improve opportunities for multiple segments of the Automobile, power, tourism and technology sectors.

Shree Parthasarthy, Partner, Grant Thornton Bharat

The Finance Minister walks into the Parliament holding the budget in a digital format and will be tabled in the Parliament via a tablet. Such small changes foster the confidence of the economy and the citizens in the government’s commitment towards moving to a digital economy and use of technology for good governance.

Ravinder Reddy, Partner, Grant Thornton Bharat

Expect #Budget2022 to continue path from 2021 – reforms, disinvestment, increase in infrastructure and healthcare spend and largely status quo on tax rates with one exception of basic exemption or INR 10 lakh slab for 30% to be increased.

Vishesh C. Chandiok, CEO, Grant Thornton Bharat

Our insights

Why the Union Budget will be a turning point for the infrastructure sector

Why the Union Budget will be a turning point for the infrastructure sector

Read more Why the Union Budget will be a turning point for the infrastructure sector

Budget 2022: No immediate respite but long-term benefits for Auto sector

Budget 2022: No immediate respite but long-term benefits for Auto sector

Read more Budget 2022: No immediate respite but long-term benefits for Auto sector

Why Budget 2022 is a hit for MSMEs

Measures targeting critical factors, such as raw material and input costs and access to credit; supporting infrastructure and skill development; and facilitating ease of doing business announced

Read more Why Budget 2022 is a hit for MSMEs

What the financial services sector can expect: REITs, InvITs and AIFs

Paresh Kubadiya and Amit Kedia share their views on several expectations from the government in the upcoming Union Budget, with regard to of Alternate investment fund (AIF), Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).

Read more What the financial services sector can expect: REITs, InvITs and AIFs

Budget 2022: Top corporate tax announcements India Inc must know

Budget puts together the government’s journey towards India@100 with focus on its four pillars – PM Gati Shakti, inclusive development, productivity enhancement and financing of investments

Read more Budget 2022: Top corporate tax announcements India Inc must know

Budget 2022: top changes in personal tax

The budget has a vision to provide stable, predictable, and trustworthy tax regime.

Read more Budget 2022: top changes in personal tax

Budget 2022: Rationalisation of corporate tax compliance, relief to individual taxpayers

Vikas Vasal writes about India Inc and individuals looking forward to the announcements in the Budget, especially on the tax front.

Read more Budget 2022: Rationalisation of corporate tax compliance, relief to individual taxpayers

Why auto sector needs a holistic long-term strategy

Saket Mehra and Krishan Arora write about Budget 2022 recommendations that may provide certain provisions to ease the cost of doing business and incentivise investments in new age technologies for the auto sector.

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5 steps FM should take to make healthcare more accessible and affordable

Bhanu Prakash Kalmath and Karan Kakkar write about the 5 key expectations from the healthcare sector, this Budget.

Read more 5 steps FM should take to make healthcare more accessible and affordable

Rationalise GST rates to simplify tax slabs and accelerate consumption

Krishan Arora writes about the long impending demand for a simplified tax structure with fewer tax slabs, zero multiplicity in taxes, more effortless flow of input tax credit, as some key expectations from this Budget.

Read more Rationalise GST rates to simplify tax slabs and accelerate consumption

What salaried class expects from Nirmala Sitharaman’s speech

Akhil Chandna and Sarthak Prashar write about taxpayers expecting the government to announce the interest rates before the end of the financial year

Read more What salaried class expects from Nirmala Sitharaman’s speech

What tax relief NRIs expecting from FM Sitharaman

Akhil Chandna writes about Non-Resident Indians (NRI) playing a significant role in nation-building and what they expect from the upcoming Budget

Read more What tax relief NRIs expecting from FM Sitharaman

From cut in home loan interest rates to rise of health insurance premiums, here’s the common man’s wishlist

Akhil Chandna shares his views on some key expectations of the common man from the Union Budget 2022

Read more From cut in home loan interest rates to rise of health insurance premiums, here’s the common man’s wishlist

Towards payment inclusion

Jaikrishnan G writes about how offline payments will serve cities where network failure is a serious issue. He throws light on how RBI’s proposed offline payments framework can be a game-changer for financial inclusion in payments.

Read more Towards payment inclusion

ESOP taxation; on Real(ised) income, not on No(tional) income

In order to address the cashflow issues, it may be better to shift the tax incidence to the time of sale only instead of perquisite and capital gains taxation.

Read more ESOP taxation; on Real(ised) income, not on No(tional) income

What can the insurance sector expect from Budget 2022

The Insurance sector is one of the most important contributors to a nation’s financial health. Paresh Kubadiya and Amit Kedia share their views on certain expectations from the government, in the upcoming Union Budget, with regard to this sector

Read more What can the insurance sector expect from Budget 2022

    In the media

    Budget explainer: Holding shares in a startup? How your investment will get affected

    10 Feb 2022 | The Times of India On Tuesday, Finance Minister Nirmala Sitharaman announced that the surcharge payable on capital assets for long term capital gains (LTCG) will be capped at 15%. This augurs well if you are a founder or an investor of an unlisted start-up company. Even those who are holding shares as an employee in an unlisted start-up company stand to benefit enormously from this announcement as their earnings will incur far less surcharges.

    Budget explainer: Holding shares in a startup? How your investment will get affected

    10 Feb 2022 | The Times of India On Tuesday, Finance Minister Nirmala Sitharaman announced that the surcharge payable on capital assets for long term capital gains (LTCG) will be capped at 15%. This augurs well if you are a founder or an investor of an unlisted start-up company. Even those who are holding shares as an employee in an unlisted start-up company stand to benefit enormously from this announcement as their earnings will incur far less surcharges.

    Explained: How Budget 2022 announcements affect your earnings from crypto investments

    10 Feb 2022 | The Times of India Over the last few years, 'cryptocurrency' has emerged as a hot investment topic, especially among young investors. Even the most avid investors, who have been traditionally putting money in safer avenues, have been bitten by the bug to explore this new digital asset.

    Budget 2022: Powering start-ups into the next quarter of India's independence

    8 Feb 2022 | The Times of India The Hon'ble finance minister opened her budget speech identifying the next 25 years of India's independence leading up to India@100 as India's "Amrit Kaal". In line with the Hon'ble Prime Minister's vision, the budget has also set out certain goals to be achieved during this Amrit Kaal.

    Budget 2022: High Impetus On Digital To Pave Way For Tech-Enabled Healthcare System

    04 Feb 2022 | NDTV The Union Budget 2022-23 identifies focus on growth and all-inclusive welfare as the first of top three goals of 'Amrit Kaal'.

    Budget 2022: Sustainable Growth On Agenda With Push For Technology, Chemical-Free Farming

    04 Feb 2022 | NDTV The agriculture sector has been contributing to about 18-20% of the Indian GDP. Over 14 crore farmers, largely marginal and small, are involved in related activity.

    Budget 2022: Five Key Announcements To Boost Consumer Sector

    04 Feb 2022 | NDTV One thing is certain that the budget presented by the Finance Minister is forward-looking. With some focus on short-term initiatives, the tabled budget is expected to provide an impetus for growth with a vision to steer the economy for the next 25 years.

    Budget 2022: Top Corporate Tax Announcements India Inc Must Know

    02 Feb 2022 | NDTV The Budget puts together the government's journey towards India@100 with focus on its four pillars - PM Gati Shakti, inclusive development, productivity enhancement and financing of investments.

    Budget 2022: Core Of Real Estate Sector Demand Drivers Kept Intact

    02 Feb 2022 | NDTV For the real estate sector, budget 2022-23 seems to rely on demand-supply market dynamics to drive growth in the coming fiscal

    Budget 2022: No Immediate Respite But Long-Term Benefits For Auto Sector

    02 Feb 2022 | NDTV The auto industry, which faced several roadblocks, such as the semiconductor shortage, pandemic-induced restrictions in different states last year, had expected rationalisation of GST rates and reduction of duties to create additional demand.

    Budget 2022: Top hits for tech, startup sectors

    01 Feb 2022 | Times Now Budget 2022 cements the government’s focus toward creating a strong Digital India. Creation of the Digital Rupee to bring new age currency to the country.

    Budget 2022: Top hits for tech, startup sectors

    01 Feb 2022 | NDTV The Budget focuses on trust-based governance, standardisation of taxation provisions and reduction of overlapping compliances under various laws.

    Why Budget Will Be A Turning Point For Infrastructure Sector

    01 Feb 2022 | NDTV Focus on green infrastructure needs a special mention with the announcement of the sovereign green bonds.

    Budget 2022: Maintaining a balance between macro and micro-economics

    01 Feb 2022 | Times Now Though the economy has emerged stronger this year, there is still a lot of pain in many pockets.

    Budget 2022: Indirectly not so taxing ‘antidote’ for ailing economy?

    01 Feb 2022 | Times Now New policies and tax relaxations are expected by taxpayers to focus more on innovation and developing new solutions by taking measures that should help free up working capital, cash flows and reduce administrative costs.

    Union Budget 2022 highlights: 30% tax on any virtual digital asset, says FM

    01 Feb 2022 | The Times of India Finance minister Nirmala Sitharaman on Tuesday presented the Union Budget for financial year 2022-23 in Parliament. India's economic growth has been pegged at 9.2 percent for FY22, the highest among all large economies.

    CEA Nageswaran Finds GDP Growth Realistic At Crude Oil Price Range Of $70-75 A Barrel, Inflation Remains A Concern

    31 Jan 2022 | Outlook Though the price has touched $90 a barrel, CEA expects price volatility to pull it down to a more acceptable level.

    Grant Thornton Bharat surveys show 77% people expect concessions on housing

    31 Jan 2022 | Daiji World A pre-Budget series of surveys conducted by Grant Thornton Bharat showed that 77 per cent of the respondents expect concessions on the housing space.

    Tax slabs change to WFH allowance, know what salaried class wants from Budget 2022 and beyond

    31 Jan 2022 | Times Now The standard deduction should be increased to Rs 1,00,000 in the upcoming budget, considering the inflation over the years since the time it was introduced and expenses incurred in WFH requirements forced upon by the pandemic.

    Budget 2022 expectations for pharma: Govt must support innovation & focus to enhance operational efficiency

    31 Jan 2022 | The Times of India India holds a special place on the global pharmaceuticals map. The sector has grown at a consistent pace to emerge as the third largest producer, by volume, in the world with a leading position in supply of generic drugs and low-cost vaccines.

    Budget 2022: Expectations for overseas listings & startup sector

    31 Jan 2022 | The Times of India NEW DELHI: The budget 2022 is a much-awaited announcement, not just for the citizens of this country but also for various businesses and industries.

    Grant Thornton Bharat surveys show 77% people expect concessions on housing

    30 Jan 2022 | IANS Live A pre-Budget series of surveys conducted by Grant Thornton Bharat showed that 77 per cent of the respondents expect concessions on the housing space.

    Make investments more attractive in pharma sector: Pre-Budget survey

    30 Jan 2022 | ET Healthworld.com A pre-budget expectations survey showed increasing demand for making investments more attractive in the pharmaceutical industry.

    Budget should look beyond large banks for financial inclusion

    30 Jan 2022 | ET CFO.com It is time the Budget looks beyond large banks to deliver last-mile financial inclusion targets. Micro Finance institutions, Co-Operatives, RRBs & Chit funds could be effective alternative channels for doing this.

    Budget 2022: Lower Corporate tax rate of 15% for all sectors

    30 Jan 2022 | ET CFO.com Benefit of lower corporate tax rate of 15%, which is available in case of new domestic manufacturing companies should be extended to all sectors, including the service sector. This will bring parity in tax treatment of different sectors.

    Budget 2022: How FM Sitharaman can give tax breaks to employees working from home

    30 Jan 2022 | Times Now Work from home arrangement is still evolving and the expense on account of work from home is provided to employees to meet business/commercial needs

    Make investments more attractive in pharma sector: Pre-Budget survey

    30 Jan 2022 | Business Standard A pre-budget expectations survey showed increasing demand for making investments more attractive in the pharmaceutical industry.

    Digital Tax (Equalisation Levy) - Will Budget 2022 iron out the creases?

    30 Jan 2022 | Business Standard Since EL 2.0 is an interim measure, it should remain so without adding to the disputes and litigation, which could be easily avoided through appropriate clarifications, and this year's Budget is a good opportunity to address some of these issues.

    Budget 2022: Expedite implementation of National Retail Policy to harmonise multiple laws

    29 Jan 2022 | Firstpost Union Budget 2022-23: The government support needed for easier access to subsidised capital as well as tax incentives

    Budget 2022: Incentivise horticulture exports; build its competitiveness through infra at ports, railways

    29 Jan 2022 | Firstpost Union Budget 2022-23: Investment in logistics with programmes like Gati Shakti will build an infrastructure grid for effective evacuation of marketable surplus

    Budget 2022: Relief To Taxpayers Tops Wishlist in Grant Thornton Bharat Survey

    28 Jan 2022 | NDTV The Union Budget 2022 is fast approaching and like every year, India Inc and individuals are looking forward to the announcements in the Budget, especially on the tax front.

    Budget 2022: Income Tax Slabs And Other Personal Tax Expectations

    28 Jan 2022 | Bloomberg Quint Like every year, the Union Finance Minister has a tough task at hand to balance public expectations and deliver a budget that would put India back on a growth track, especially after the long disruption caused by the ongoing Covid-19 pandemic which has impacted the entire nation in more ways than one.

    Budget 2022: The govt should rationalise provisions on carry forward of losses

    28 Jan 2022 | Business Today Budget 2022 may be an opportunity to provide clarity on certain provisions and also extend the ambit of the existing provisions to cater to the needs of the current times.

    Budget 2022: Pharma sector wants tax breaks, R&D incentives

    28 Jan 2022 | Business Today The ongoing uncertainty over Covid-19 pandemic has tested the resilience of India’s healthcare system. More needs to be done, a survey conducted by Grant Thornton Bharat showed.

    Budget 2022: 6 Things Salaried Class Wants

    28 Jan 2022 | NDTV Special WFH deduction, increase in standard deduction and modifications in the new tax regime are high on individual taxpayers wishlist.

    Budget 2022: Why auto sector needs a holistic long-term strategy

    28 Jan 2022 | The Times of India Union Budget 2022 is crucial for upliftment of the beleaguered Indian automotive industry. The double whammy of the global semiconductor shortage and subsequent COVID-19 waves coupled with price hikes for fuel and commodity prices have led to higher input costs for automobiles as well as increase in logistics and shipping costs.

    Budget 2022: 5 steps FM should take to make healthcare more accessible & affordable

    27 Jan 2022 | The Times of India The Covid-19 pandemic has been a challenging time for all of us, be it the individuals, the governments or the communities at large across the world. The two waves gone by and the ongoing wave of the pandemic have put our frontline workers and healthcare infrastructure to a big test.

    Union Budget 2022: Incentivise investments in healthcare sector, says survey

    27 Jan 2022 | Zee News As per the Grant Thornton Bharat survey, nearly 58 per cent of the respondents believe that fiscal incentives will encourage private investment in the rural healthcare infrastructure.

    Budget 2022: Rationalise GST rates to simplify tax slabs & accelerate consumption

    27 Jan 2022 | Times of India The forthcoming Union Budget will be critical from sustaining the growth turnaround after the induced stress of the Covid-19 pandemic.

    Budget 2022: What salaried class expects from Nirmala Sitharaman’s fourth speech

    26 Jan 2022 | Firstpost Union Budget 2022-23: Taxpayers are expecting the government to announce the interest rates before the end of the financial year

    Budget 2022: What tax relief NRIs expecting from FM Sitharaman

    26 Jan 2022 | Times Now Industry and individuals alike are looking forward to the announcements and amendments expected to set the economy back on track.

    Budget 2022: From cut in home loan interest rates to rise of health insurance premiums, here’s common man’s wishlist

    24 Jan 2022 | Firstpost Union Budget 2022-23: Apart from ELSS, debt and hybrid funds can also be included for deduction under section 80C to encourage investors to invest in diversified funds

    Bulking up IFSC: A wide-ranging expansion of its remit expected in Budget

    24 Jan 2022 | Business standard FY23 will be aimed at making IFSC the centre to use rupee as a freely convertible currency

    A populist Budget with rural slant: What could be in Budget 2022?

    24 Jan 2022 | Economictimes It won’t be surprising if Sitharaman takes a leaf out of Jaitley’s book.

    Budget 2022: Key expectations of Banking & Financial services industry

    23 Jan 2022 | ET CFO.com Creating a level playing field for foreign banks in India, creating a market for Pass Through Certificates and re-looking at the definition of priority sectors are some of the top expectations, writes Vivek Iyer.

    Increase regulatory focus on cryptocurrency: Pre-Budget expectations survey

    23 Jan 2022 | Business standard A pre-Budget expectations survey on Saturday showed a growing demand for increasing regulatory focus on the cryptocurrency sector.

    Budget 2022: What to expect from govt on REITs, InvITs and AIFs

    21 Jan 2022 | Businesstoday REITs are gaining momentum as they offer a chance to invest in the real estate market without onloading a significant amount of risk and typing up large portions of an investor's capital. InvITs are similar to REITs in that they are also an accumulation of investor funds.

    Budget 2022: What the insurance sector expects from govt

    21 Jan 2022 | Businesstoday The insurance industry is a key pillar of the financial services sector and is counting on measures taken by the government in this budget to boost their business.

    Budget 2022: MSME sector expect credit impetus, infra push

    20 Jan 2022 | Business Today It is expected that the budget will offer great impetus to credit, market as well as infrastructure promotion and development related initiatives, both innovative as well as otherwise.

    Budget 2022: Govt should clarify taxability of cryptocurrencies

    20 Jan 2022 | Business Today While regulating cryptocurrencies will provide a legal framework, it is expected that the upcoming budget clarifies taxability of cryptocurrencies and provide certainty and guidance to crypto investors prior to investing in such currencies.

    Union Budget 2022: ESOP taxation; on Real(ised) income, not on No(tional) income

    19 Jan 2022 | Businesstoday In order to address the cashflow issue faced by the employees, it may be better to shift the tax incidence to the time of sale only instead of two stages as at present - perquisite taxation and capital gains taxation.

    Union Budget 2022: Wishlist of individual taxpayers

    19 Jan 2022 | Businesstoday While the ongoing pandemic has put pressure on the government, these measures may be considered on the personal tax front to provide some relief to the individual taxpayers.

    Auto sector needs long-term strategy outline, GST reduction for 2-wheeler EV segment

    18 Jan 2022 | Moneycontrol An increased outlay and incentivisation towards the renewable sources will also provide an impetus to the e-mobility ecosystem, experts point out.

    Budget 2022: Will capital gains tax be rationalized across asset classes?

    18 Jan 2022 | Moneycontrol The capital gains tax rates differ even within the same asset class. Some tax experts, for long, have demanded a more rational way of deciding the tenure for which the investments must be held

    Budget must roll out national policy for retail, ease up GST processes for sector: Grant Thornton Bharat exec

    17 Jan 2022 | Moneycontrol Expectations come in the wake of the last year’s budget making input tax eligibility conditions more stringent, bumping up outlays for healthcare and capex, and sharpening Make in India focus

    Budget 2022: Ease of doing business and building trust between industry and govt should be the focus, says tax expert

    13 Jan 2022 | ET CFO.com The tax expert Vikas Vasal, Global Leader-Tax, Grant Thornton to ETCFO. Shared that the government should look into the revenue neutral suggestions which are being made in terms of easing the compliance burden because that will bring down the administrative burden, compliance costs as well as litigation.

    Budget expectations: Insurance sector seeks additional deductions and lower GST

    13 Jan 2022 | Businesstoday As the Budget day approaches on February 1, 2022, here are some of the pre-Budget expectations from the leading voices of the insurance sector.

    Real estate may see increased capital outlay, FDI inflow and tax relaxations, say experts

    7 Jan 2022 | Moneycontrol However, some experts believe the upcoming Budget is expected to focus on providing a push to both affordable and rental housing as well as strengthen the existing financing system to provide liquidity to stuck real estate projects.

    Increase public healthcare expenditure to 3% of GDP | Bhanu Prakash, Partner

    7 Jan 2022 | Moneycontrol In the previous year's Budget, healthcare sector came up as a major winner. Giving top priority to health and well-being, the government increased the allocation to the sector by a whooping 137 percent to Rs 2.23 lakh crore.

    Infrastructure spending key to economic recovery, says Grant Thornton Bharat's Padma Priya J

    4 Jan 2022 | Moneycontrol The need to accelerate economic growth would drive the government to increase the capital outlays especially in the infrastructure sector as this sector is an engine for economic growth.

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    Pre-budget expectation survey reports

    Automotive sector

    To gauge the market sentiments and better understand the expectations from Union Budget 2022, Grant Thornton Bharat conducted a pre-budget survey for auto sector.

    Read more Automotive sector

    Banking, Financial Services & Insurance Sector

    Detailed insights from the pre-budget expectation survey conducted for the BFSI sector

    Read more Banking, Financial Services & Insurance Sector

    Consumer and Retail sector

    To gauge the market sentiments and better understand the expectations from Union Budget 2022, Grant Thornton Bharat conducted a pre-budget consumer and retail sector survey.

    Read more Consumer and Retail sector

    Healthcare Sector

    To gauge the market sentiments and better understand the expectations from Union Budget 2022, Grant Thornton Bharat conducted a survey for healthcare sector.

    Read more Healthcare Sector

    Pharmaceutical sector

    To gauge the market sentiments and better understand the expectations from Union Budget 2022, Grant Thornton Bharat conducted a survey for pharma sector.

    Read more Pharmaceutical sector

    Real Estate and Infrastructure sector

    To gauge the market sentiments and better understand the expectations from Union Budget 2022, Grant Thornton Bharat conducted a pre-budget survey for Real Estate and Infrastructure sector.

    Read more Real Estate and Infrastructure sector

    Technology and start up sector

    To understand the expectations from Union Budget 2022, Grant Thornton Bharat presents a pre-Budget survey report for the Technology and Start-up sector.

    Read more Technology and start up sector

    Tax

    Grant Thornton Bharat conducted a survey to gauge the market sentiments and better understand the expectations on tax from Union Budget 2022.

    Read more Tax

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