This will be the schedule of the general budget 2022 session, know the date, time and other information

New Delhi. The Budget Session of Parliament will begin on January 31 with the President’s address to both the houses and will end on April 8. This information has been shared by news agency PTI. According to PTI, sources have given this information citing the recommendation of the Cabinet Committee on Parliamentary Affairs on Friday.

The Union Budget 2022 will be placed in front of the country on 1 February 2022. The first part of the session will end on February 11. Sources said that after a month’s holiday, the second part of the session will start from March 14 and will end on April 8.

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Expectations of the middle class from the budget

Amidst the sudden spike in Omicron cases in India, all eyes will be on this year’s Union Budget. From Covid-19 relief to raising the limit of standard deduction under income tax, the middle class is expecting a slew of measures from the Finance Minister in the Union Budget 2022.

According to a Moneycontrol news, a letter from the Additional Secretary General, Ministry of Parliamentary Affairs said, “The 256th session of the Rajya Sabha (Budget Session – 2022) has been convened on Monday, 31st January, and subject to the exigencies of official business, the session May end on Friday, April 8th. During this period, the Chairman may be requested to adjourn the Rajya Sabha to Friday, 11 February so that it may meet again on Monday, 14 March, so that Department-related Parliamentary Standing Committees relating to Ministries/Departments Consider the demands for grants and prepare their reports.

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Vivek Bansal, Executive Director and Group CFO, Incred said, “Section 80C is for tax savings for most individuals in India. The current limit of Rs 1.5 lakh becomes too restrictive and thus there is a need to broaden the horizon by offering additional investment opportunities.”

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