2021 Budget-news-and-updates

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This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy
Business

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.

Union Budget 2021: Nirmala Sitharaman aims to raise resources without raising taxes; a bold step
Business

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.