Union Budget-2021-22

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Union Budget-2021-22 - Total results - 58
Union Budget 2021: From extending Income Tax holiday to dispute resolution panel, FM showers sops on startups
Business

Union Budget 2021: From extending Income Tax holiday to dispute resolution panel, FM showers sops on startups

For benefitting startups, the government has proposed changes in companies law provisions

Union Budget 2021: Nirmala Sitharaman takes braver route to fix economy by not levying more tax
Business

Union Budget 2021: Nirmala Sitharaman takes braver route to fix economy by not levying more tax

Changes on the indirect tax front are also not significant to qualify as changes large enough to be structural leading to increased demand or increased production of items

Union Budget 2021: Finance minister makes no mention of allocation to separate domestic defence sector
Business

Union Budget 2021: Finance minister makes no mention of allocation to separate domestic defence sector

The current geopolitical situation in which the Indian forces remain in a tense face-off with China along the northern border has necessitated the emergency purchases

Union Budget 2021: Allocation of Rs 1,500 cr to boost digital payments will take fintech sector a higher notch
Business

Union Budget 2021: Allocation of Rs 1,500 cr to boost digital payments will take fintech sector a higher notch

Recognising fintech as an industry would have been much sweeter but overall, it is a 360-degree growth for the fintech sector

Union Budget 2021: Govt focusses on easing pain points for taxpayers in coming fiscal year
Business

Union Budget 2021: Govt focusses on easing pain points for taxpayers in coming fiscal year

In order to make taxation processes faceless, the National Faceless Income Tax Appellate Tribunal Centre shall be established with the facility of personal hearing through videoconferencing.

Union Budget 2021: Nirmala Sitharaman offers carrot and stick approach to raise revenue, soothe taxpayers
Business

Union Budget 2021: Nirmala Sitharaman offers carrot and stick approach to raise revenue, soothe taxpayers

Taxpayers can also draw solace from the fact that the Budget has reduced the period for issuing tax notices by the department for a particular transaction to four years from seven years earlier

Union Budget 2021: Vehicle scrappage policy will boost automobile industry, curb pollution issues
Business

Union Budget 2021: Vehicle scrappage policy will boost automobile industry, curb pollution issues

The auto sector is enthused by the government's move on long-awaited scrappage policy and focus on better road infrastructure

Union Budget 2021: Nirmala Sitharaman makes eight tax-related announcements; benefits many
Business

Union Budget 2021: Nirmala Sitharaman makes eight tax-related announcements; benefits many

In a post-pandemic year, the government showed a serious intent to establish a tax regime with far-reaching impact

Union Budget 2021: Law Ministry allocated Rs 1,005 crore to buy EVMs, Rs 7.20 crore for publishing voter ID cards
India

Union Budget 2021: Law Ministry allocated Rs 1,005 crore to buy EVMs, Rs 7.20 crore for publishing voter ID cards

The Union law ministry has also been allocated Rs 100 crore to meet the Election Commission's "carry forward liability" for expenditure on the 2019 Lok Sabha election

Union Budget 2021: Banking, health, infra sectors welcome announcements; hospitality, tourism regret lack of immediate support
Business

Union Budget 2021: Banking, health, infra sectors welcome announcements; hospitality, tourism regret lack of immediate support

Hospitality and Tourism roughly account for 10 percent of India's GDP and employ nearly 9 percent of India's working population and yet, it failed to find space in the Union Budget, FHRAI vice-president Gurbaxish Singh Kohli said

Union Budget 2021: Centre allocates Rs 4.78 lakh crores for defence ministry, hikes capital outlay by 19%
Business

Union Budget 2021: Centre allocates Rs 4.78 lakh crores for defence ministry, hikes capital outlay by 19%

The total outlay of Rs 4.78 lakh crore included an allocation of Rs 1.15 lakh crore for payment of pensions

Budget 2021 Updates: Nirmala Sitharaman claims govt delivered on healthcare, infra; 'let down like never before,' says Chidambaram
Business

Budget 2021 Updates: Nirmala Sitharaman claims govt delivered on healthcare, infra; 'let down like never before,' says Chidambaram

Budget 2021: Taking a swipe at the BJP government for what he dubbed a deceptive budget, former finance minister and Congress leader P Chidambaram said that the government has failed on 9 out of 10 most important pointers on economy.

Union Budget 2021: Over 15,000 schools to include all components of NEP; funds for KVs, mid-day meals hiked
Business

Union Budget 2021: Over 15,000 schools to include all components of NEP; funds for KVs, mid-day meals hiked

The funds for the Kendriya Vidyalayas saw an increase as the schools have been issued Rs 6,800 crore for the upcoming financial year compared to the Rs 5,516 crore last year

Union Budget 2021: FM announces new central university in Leh, 100 new sainik schools across India
India

Union Budget 2021: FM announces new central university in Leh, 100 new sainik schools across India

Nirmala Sitharaman, while presenting the Union Budget today, also said that a higher education commission will be set up to act as an umbrella body for standard-setting, accreditation, regulation, and funding

Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI
Business

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

Sensex, Nifty open higher ahead of Budget presentation; IndusInd, ICICI among major gainers
Business

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

CEA asks govt to end forbearance window for borrowers, pitches for setup of 'bad bank' to deal with NPAs
Business

CEA asks govt to end forbearance window for borrowers, pitches for setup of 'bad bank' to deal with NPAs

A bad bank is a financial institution that takes over bad assets of lenders and undertakes resolution. Lenders have been making a case for a bad bank to ease pressure of bad loans in these difficult times

Union Budget 2021: Use this income tax calculator to check how much tax you need to pay
Business

Union Budget 2021: Use this income tax calculator to check how much tax you need to pay

As people await the Budget, a key question for many will be how their taxes will be affected

Union Budget 2021: Reintroduce single tax slab structure, raise minimum taxable income to Rs 7.5 lakh
Business

Union Budget 2021: Reintroduce single tax slab structure, raise minimum taxable income to Rs 7.5 lakh

All eyes are on the upcoming budget for the next financial year as India looks to recover from the economic devastation caused by the coronavirus pandemic

Union Budget 2021 should focus on technology for Atmanirbhar Bharat mission, says Hi-Tech Robotics CEO
Business

Union Budget 2021 should focus on technology for Atmanirbhar Bharat mission, says Hi-Tech Robotics CEO

According to a recent study, the total number of jobs related to developing and deploying new technologies, like automation, AI and robotics-related applications, may grow to 20 to 50 million globally by 2030