Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-a-budget-that-sets-sail-and-template-for-the-decade/articleshow/80640476.cmsSynopsis The FM had hinted that this budget would set the tone for the next decade. Through a sparkle of reform fireflies, the budget
Month: February 2021
Big reform push in banking, insurance — BUDGET 2021: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/budget-2021-big-reform-push-in-banking-insurance/articleshow/80639960.cmsSynopsis The Narendra Modi government plans to privatise state-run banks and a general insurer to raise funds for its ambitious infrastructure and healthcare spending
India’s $500 billion budget to spur growth leaves little for the poor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/indias-500-billion-budget-to-spur-growth-leaves-little-for-the-poor/articleshow/80637152.cmsSynopsis Sitharaman unveiled a budget that will cause the fiscal deficit to balloon to a much higher-than-expected 9.5% in the current year ending March
healthcare budget: India doubles healthcare spending, opens up insurance in “get well soon” budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-doubles-healthcare-spending-opens-up-insurance-in-get-well-soon-budget/articleshow/80629478.cmsSynopsis Delivering her budget statement to parliament, Finance Minister Nirmala Sitharaman projected a fiscal deficit of 6.8% of gross domestic product for 2021/22, higher
Ready to tap India’s deep reserves and get cracking – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/infrastructure/view-ready-to-tap-indias-deep-reserves-and-get-cracking/articleshow/80640190.cmsSynopsis Huge investments in infrastructure will lead to massive construction activity and generate jobs. Finance minister Nirmala Sitharaman’s plan seems to draw heavily from
budget speech–1st February,2021
Budget_Speech—PDF budget_speech (1)–word
How bad bank model of ARC, AMC, AIF would work–BUDGET 2021–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/decoding-the-budget/budget-2021-how-bad-bank-model-of-arc-amc-aif-would-work/story/429862.html Budget 2021 news: Currently, the banks have gross NPAs of around 7 per cent which is expected to rise to 15 per cent
Custom duty hike to increase smartphone prices, manufacturers might do away with charging adaptor–BUDGET 2021–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/decoding-the-budget/budget-2021-custom-duty-hike-to-increase-smartphone-prices-manufacturers-might-do-away-with-charging-adaptor/story/429884.html The custom duty policy must have twin objectives of promoting domestic manufacturing and helping India get on to global value chain and export
Why petrol, diesel prices won’t increase despite new agri cess–BUDGET 2021–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/decoding-the-budget/budget-2021-why-petrol-diesel-prices-wont-increase-despite-new-agri-cess/story/429886.html Union Budget 2021-22 news: The government has imposed a steep agriculture infrastructure and development cess (AIDC) of Rs 2.5 per litre on petrol
Here’s how I-T return filing will become simpler now | BUDGET 2021: –The Indian Express
Clipped from: https://indianexpress.com/article/business/budget/budget-2021-i-t-return-filing-7169925/ In yet another major announcement, the Government has sought to reduce the compliance burden on senior citizens by exempting those above 75 years
Budget 2021 top proposals explained–indian express
Clipped from: https://indianexpress.com/article/explained/explained-what-top-budget-2021-proposals-are-trying-to-do-7169789/ Budget 2021 explained: Finance Minister Nirmala Sitharaman proposed many new measures in the Budget 2021 to prop up the flagging economy amid the
Highlights of Union Budget 2021-22 – The Hindu
Clipped from: https://www.thehindu.com/business/budget/highlights-of-union-budget-2021-22/article33713457.ece Here are sector-wise highlights of the 2021 Union Budget presented by Finance Minister Nirmala Sitharaman Presenting the Union Budget for 2021-22, Finance Minister Nirmala
Budget 2021 eases startup funding; FM extends eligibility for claiming tax holiday, capital gains exemption – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-eases-startup-funding-fm-extends-eligibility-for-claiming-tax-holiday-capital-gains-exemption/2184235/ Union Budget 2021 India: A company or an LLP incorporated on or before March 31, 2022 (earlier terminal date of March 31, 2021)
Govt reduces customs duty on certain steel items to provide relief to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/govt-reduces-customs-duty-on-certain-steel-items-to-provide-relief-to-msmes/articleshow/80630835.cmsSynopsis Finance Minister Nirmala Sitharaman in her Budget speech for 2021-22 said the anti-dumping duty (ADD) and countervailing duty (CVD) have also been revoked
400 old duty exemptions to get a rejig, duties cut on many items to help MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/budget-2021-400-old-duty-exemptions-to-get-a-rejig-duties-cut-on-many-items-to-help-msmes/articleshow/80631119.cmsSynopsis The FM announced that there will be a reduction in Customs duty uniformly to 7.5% on semis, flat, and long products of non-alloy,
revised ITR filing deadline | belated ITR filing deadline: 3 months less to file belated, revised ITR now: Deadline for filing ITR voluntarily is now Dec 31–economic times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/3-months-less-to-file-belated-revised-itr-now-deadline-for-filing-itr-voluntarily-is-now-dec-31/articleshow/80631000.cmsSynopsis The deadline of March 31 for voluntarily filing of ITR (also the deadline for filing belated ITR) is proposed to be shifted forward
India doubles healthcare spending, opens up insurance in “get well soon” budget -HEALTHCARE BUDGET: The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-doubles-healthcare-spending-opens-up-insurance-in-get-well-soon-budget/articleshow/80629478.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Delivering her budget statement to parliament, Finance Minister Nirmala Sitharaman projected a fiscal deficit of 6.8% of gross domestic product for 2021/22, higher
Ship Recycling capacity to double by 2024, generate 1.5 lakh jobs – budgt–The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/ship-recycling-capacity-to-double-by-2024-generate-1-5-lakh-jobs/articleshow/80629751.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India has enacted Recycling of Ships Act, 2019 and acceded to the Hong Kong International Convention. New Delhi: Finance Minister Nirmala Sitharaman on Monday said
Budget gives push for women’s participation in the workforce – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/budget-gives-push-for-womens-participation-in-the-workforce/articleshow/80630270.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Coming close on the heels of vaccine roll out which will ensure a quick return to normal economic activity, as also combined with
NRIs will soon be able to float one person companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/nris-will-soon-be-able-to-float-one-person-companies/articleshow/80630943.cmsSynopsis Dedicating a separate portion of her 2021-22 Budget speech to company matters, Sitharaman said in the next fiscal year, MCA 21 portal will
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