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Latest Articles in Budget 2021 22
Budget 21-22: Much Left Unanswered
Against the backdrop of the NEP 2020, there were expectations of significant announcements in the Budget for the education sector
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Union Budget Instrument To Attain Aatmanirbhar Bharat, Says Sitharaman
The Finance Minister said 800 million people were provided free foodgrains, free cooking gas was provided to 80 million people, and cash directly was given to 400 million people including farmers, women, divyangs, and the poor.
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Budget 2021: India’s Step Towards Self-Reliance
Budget increases expenditure on rural infrastructure by 34% to ₹40,000 and 200% for irrigation. Majority of India’s spending power comes from farm yield and rural professions.
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Measures envisaged in Budget 2021-22 will boost start-ups in country: Secretary DPIIT
The budget incentivizes the incorporation of One Person Companies (OPCs) by amending the Companies (Incorporation) Rules to allow OPCs to grow without any restrictions on paid-up capital and turnover, allowing their conversion into any other type of company at any time, reducing the residency limit for an Indian citizen to set up an OPC from 182 days to 120 days and also allow Non-Resident Indians (NRIs) to incorporate OPCs in India.
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Finance Secretary Ajay Bhushan Pandey Explains Agri Cess, Says Agriculture Should Become More Productive
"Our farmers should get the remunerative prices for their produce, a lot of investments is required to materialise this. And therefore, the government has created this dedicated fund to make investments in the infrastructure and the technology in the field of agriculture," he added.
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LIC employees protest against Centre's disinvestment proposal
During the Union Budget on Monday, Finance Minister Nirmala Sitharaman said that the initial public offering of LIC will be brought in through requisite amendments in the session itself.
Read MoreCommercial realty to benefit with easier debt financing norms for REITS
Commercial realty to benefit with easier debt financing norms for REITS
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The Automotive Associations Cheer The Scrappage Policy
According to the new policy, 15-year-old commercial vehicles will be scrapped and will not be allowed to run on the road.
Read MoreBudget 2021-22 confers healthcare, its long due priority status
Budget 2021-22 confers healthcare, its long due priority status
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A Marginal Increase In Defense Budget Reels Under 9.5% Fiscal Imbalance In The Budget 2021
Defence Budget increased from Rs 4,71,000 crores to Rs 4,78,000 crores. Pension bill reduced from Rs 1,33,000 crores to Rs 1,15,000 crores. Marginal increase in Capital budget at Rs 1,35,060 crores from Rs 1,13,000 last FY. Fiscal burden at 9.5 % is dampening impact on the overall budget including defence.
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Scrappage Policy Get the Green Light in Budget 2021
In her speech, Sitharaman also announced the capital investment of Rs 5.54 trillion for developing infrastructure in the country, which leads to an increase in demand for commercial vehicles.
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Union Budget: Voluntary Vehicle Scrapping Policy Announced To Phase Out Old Vehicles
The Union Finance Minister laid out a vision for Atmanirbhar Bharat to strengthen the vision of Nation First, doubling farmers' income, strong infra, women's empowerment, healthy India, good governance, education for all, inclusive development.
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Rahul Gandhi will be in Parliament during Union Budget presentation
The Congress leader has also opined that the Union Budget 2021-22 must have an increased healthcare expenditure to save lives and increase the defence expenditure to safeguard borders.
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New Developmental Financial Institutions Needed To Funnel The Development Of The Industry: EXIM Bank's David Rasquinha
BW Businessworld's Manish Kumar Jha interacts with EXIM bank's Managing Director, David Rasquinha on the range of issue that will be definitive to the growth of Indian Economy. It includes: Export, Policies, Global Trade and Investment, Lines of Credit and India's role in Africa as developmental partner among others. Read the conversation in its entirety below.
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Pre-Budget Expectations 2021-22
India is the biggest market after China considering it's size plus we are democratic with our data policies hence we should become one of the first few nations to levy tax on data collected for non-Indian startups/companies.
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