FM Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2022-23

Last updated: 23 December 2021

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Finance Minister Nirmala Sitharaman has concluded a series of pre-Budget consultation meetings for the upcoming Union Budget 2022-23. Held virtually between December 15th and 22nd, 2021, these meetings involved over 120 participants from seven diverse stakeholder groups, including agriculture, industry, finance, and labour. The discussions focused on various suggestions, such as increased R&D spending and infrastructure for digital services, which will be considered for the final budget.

More than 120 invitees representing 7 stakeholder groups participated in 8 virtual meetings Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman chaired the pre-budget consultation meetings for Budget 2022-23 held in virtual mode from 15th to 22nd December, 2021. More than

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FAQ :

The pre-Budget consultation meetings were held virtually from December 15th to 22nd, 2021.

More than 120 invitees representing 7 stakeholder groups participated in the meetings.

The stakeholder groups included representatives from Agriculture and Agro Processing Industry; Industry, Infrastructure and Climate Change; Financial Sector and Capital Markets; Services and Trade; Social Sector; Trade Union & Labour Organization; and Economists.

Suggestions included increased R&D spending, infrastructure status for digital services, incentives for hydrogen storage and fuel cell development, rationalisation of income tax slabs, and investments in online safety measures.

Finance Minister Nirmala Sitharaman thanked the participants and assured that their suggestions would be carefully considered while preparing the Budget 2022-23.

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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FM Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2022-23