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Union Budget 2022
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Live Budget 2022

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HRA Exemptions


As per old tax regime, max deduction allowed is ₹1,50,000.
As per new tax regime, the maximum deduction allowed is restricted to 14% of salary for central government employees and 10% for any other employee.

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Increasing Investment percentage annually helps to achieve targets faster. 10% is suggested.

Union Budget 2022 – Live updates

Union Budget 2022-23 will be presented on 01 February,2022 by Finance Minister Nirmala  Sitharaman at 11 am. The budget for any year sets the tone for the performance of the economic growth and related factors like interest rates, inflation, etc. This is the fourth budget being presented by Ms Sitharaman. The budget speech generally ranges from 90 to 120 mins. Earlier the Union Budget was presented on the last working day of February at 5pm in the evening.  It was moved from 5pm to 11am and finally to the 01st of February to allow more time to prepare for implementation of the budget.

At a time when the Indian economy has somewhat recovered from Covid-19 impact and the rising inflation, the upcoming budget that will be tabled in Parliament has the entire nation’s hopes and expectations tied to it.

Sectors in focus for Budget 2022-23

Taking into consideration the impact Covid has had on the economy, the focus this year will be to following sectors will be in focus and should see equal  on social spending and on sectors that will help in the growth of the economy. 


Expected announcements


  • Increased spending on capital expenditure and creation of assets. 
  • Speedier execution of pre-approved projects
  • Creation of employment opportunities


  • Lower taxes
  • Incentives in form of interest-free or low-interest loans
  • Subsidies

Real Estate

  • Continued emphasis on low cost and affordable housing
  • Boost liquidity to help projects stuck 


  • Increased support and incentives for agritech platforms 
  • Better infrastructure for overall improvement of the sector

Health Care

  • Focus on creation of better healthcare infrastructure in Tier II & Tier III cities. 
  • Technology adoption and digitisation may get allocations


  • Better infrastructure and support for EV adoption and manufacturing

Markets and Budget 2022

In the run-up to the upcoming budget the equity markets have lost some of the highs achieved over the last few months. Global factors like a possible rate hike along with the withdrawal of pandemic stimulus by the Fed and increasing crude oil price have also added to the fire. 

 Budget Videos

FAQ’s on Budget 2022

The two different categories of Union Budget are revenue budget and capital budget. The revenue budget government’s receipts and expenses. Capital budget covers capital expenditure and receipts.

Some of the areas that are covered under the Union budget announcement every year include income tax, defense, GDP, sports, agriculture, education, health, finance, energy, infrastructure, etc.

The current income tax exemption limit is Rs. 2.5 lakhs for individuals and HUFs below 60 years of age.

The Union Budget is prepared by the Department of Economic Affairs (DEA), specifically the department’s budget division. It is announced by the country’s Finance Minister.

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