Stock markets Budget 2021
In the interim budget announced in February 2019, stock markets were upbeat as they were expecting the fiscal deficit to be around 3.6 percent but Piyush Goyal, the then Railways Minister, who presented the budget announced that it would remain at 3.4 percent. Former Finance Minister Arun Jaitley re-introduced LTCG tax on stocks, under which, investors pay 10.4 percent tax on profit exceeding Rs 1 lakh made from the sale of shares or equity mutual fund schemes held for over one year. LTCG is the tax paid on profit generated by an asset such as real estate, shares or share-oriented products held for a particular time-frame. Earlier, LTCG tax on stocks was scrapped by then finance minister P Chidambaram in in 2004-05.
Showing of 0 - 10 from 8 results
Stock Markets 2021 - Total results - 8
-
Feb 01, 2021
This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy
The best part of Union Budget 2021, however, is that Nirmala Sitharaman resisted the temptation to slap more cess, surcharges on the taxpaying citizens and refrained from imposing a ‘wealth tax’ to raise revenue. -
Feb 01, 2021
Union Budget 2021: Nirmala Sitharaman aims to raise resources without raising taxes; a bold step
From a consumer and healthcare perspective, Union Budget 2021 has a lot of positives. On the healthcare side, COVID-19 pandemic had brought to light India's underspend in healthcare. Budget 2021 has done well by allocating over Rs 2 trillion holistically towards the health sector, a handsome increase of 137 percent. -
Feb 01, 2021
Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI
Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. Here's the full text of her speech in Lok Sabha -
Feb 01, 2021
Sensex, Nifty open higher ahead of Budget presentation; IndusInd, ICICI among major gainers
The 30-share Sensex was trading higher by 443.06 points or 0.96 percent at 46,728.83; and the broader Nifty was up 114.85 points or 0.84 percent at 13,749.45 -
Jan 31, 2021
Stock markets likely to be volatile this week due to Budget 2021 and RBI policy, say analysts
In the last week, the BSE benchmark tumbled 2,592.77 points, or 5.30 percent due to profit-booking ahead of Union Budget 2021 -
Jan 30, 2021
Market sell-off extends to 6th day in a row as Economic Survey fails to cheer investors; all eyes on Budget
The 30-share BSE Sensex crashed 588.59 points or 1.26 percent to finish at 46,285.77 — taking the six-session aggregate loss to 3,506.35 points or 7.04 percent -
Jan 28, 2021
Union Budget 2021: Centre likely to unveil blueprint for new privatisation policy
The Budget for the fiscal beginning 1 April is likely to identify the strategic sectors PSUs where the government would like to retain its presence, sources told PTI -
Jan 18, 2021
Union Budget 2021: From going paperless to no briefcase, 5 differences in the way it will be presented this year
The Union Budget will be presented against the backdrop of the economy in recession due to COVID-19
