Rs 60,000 cr allocated to provide tap water connections to households: FM

Rs 60,000 cr allocated to provide tap water connections to households: FM

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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

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Budget 2022 | Nirmala Sitharaman | Budget Speech

Jal Jeevan Mission

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Finance Minister Nirmala Sitharaman on Tuesday said Rs 60,000 crore has been allocated to provide tap water connections to 3.8 crore households in 2022-23.

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.

The finance minister also said the government proposes to increase tax deduction from 10 per cent to 14 per cent on contribution in NPS (National Pension System) by the state government to employees.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Tue, February 01 2022. 12:46 IST

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 Topics Budget 2022 | Nirmala Sitharaman | Budget Speech Representative image Finance Minister Nirmala Sitharaman on Tuesday said Rs 60,000 crore has been allocated to provide tap water connections to 3.8 crore households in 2022-23. 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. The finance minister also said the government proposes to increase tax deduction from 10 per cent to 14 per cent on contribution in NPS (National Pension System) by the state government to employees.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. We, however, have a request. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed. Support quality journalism and subscribe to Business Standard. Digital Editor First Published: Tue, February 01 2022. 12:46 IST

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