Union Budget 2021: After being battered by the Covid-19 induced lockdowns and shutdowns, Union Budget 2021 was largely expected to reaffirm the Government’s commitment to the economy and signal an era of recovery.
Union Budget 2021: The Hon’ble Finance Minister announced an increase in the foreign investment limit for insurance companies from 49% to 74% in her budget speech on 1 February 2020.
Union budget 2021: The Finance Minister, under tremendous pressure of presenting the first budget of the decade and in the year of an unprecedented global pandemic, announced the Union Budget of India 2021.
Union Budget 2021 India: The introduction of TDS on e-commerce sellers with gross merchandise sales of above Rs 5 lakh can block SME sellers' liquidity on digital platforms and prove counterproductive for the sector.
Several major changes and announcements made in the Budget proposals were actually anticipated and in fact widely expected by the financial service sector
Kumar also emphasised that some steps have to be taken to overcome the vested interests, which are keeping the country from maximising its growth potential.
On February 1st, 2021, Finance Minister Nirmala Sitharaman in her third Budget speech, announced no changes in tax slabs for individual taxpayers at the direct tax front, which will give stability to the overall tax structure
Finance Minister Nirmala Sitharaman on Monday proposed Rs 2,23,846 crore budget outlay for health and wellbeing for 2021-22, compared to Rs 94,452 crore in the current fiscal, an increase of 137 per cent.
Union Budget 2021 India: The rating agency currently does not see any material effect from the budget on India's key credit factors, but the economy's brightening growth prospects will be critical to maintaining the sustainab
Union Budget 2021 India: We hope that in the next few days, the government will provide some clarity on specific steps that will be taken. On the whole, this Budget seems positive for MSMEs. As always, implementation will be
Union Budget 2021 India: In the context of tax proposal announcements, it appeared that the broader theme was to simplify tax administration procedures, ease the compliance burden for taxpayers, and reduce tax litigation.
Union Budget 2021 India: Economist and the former governor of the Reserve Bank of India (RBI) Dr C Rangarajan who has been watching the economy closely as tries to cope with the economic scars following the pandemic, is happy
Indian share market benchmarks BSE Sensex and Nifty 50 were trading near all-time high levels on Tuesday. The share market benchmarks hit record highs on January 21, 2021.
Union Budget 2021 India: India's fiscal deficit target in the near-term is higher than expected and medium-term consolidation is at a more gradual pace than anticipated, said Fitch Ratings in its comments on the just unveiled
Union Budget 2021 India: The additional government spending will bring business opportunities to the MSME sector. The vision of achieving a $5-trillion economy will only be possible when MSMEs are able to become global player
Union Budget 2021 India: Supporting the development of a world-class Fin-Tech hub at the GIFT-IFSC will also allow startups in the fintech ecosystem to get the required infrastructure to further fintech innovation.
Union Budget 2021 India: From the above, it is observed that the government is aware that MSMEs needs financial as well as technology support to survive and grow in the post-pandemic period.
Union Budget 2021 India: The Defence Capital expenditure amounts to a major part of the Government’s total capital budget and it is primarily meant to enhance the infrastructure and modernize the Armed Forces.
Union Budget 2021 India: "This budget truly has the potential for transforming India,” Rohit Kapoor, Chief Executive Officer, OYO India & South Asia told Financial Express Online.
Union Budget 2021 India: Shortly after presenting the Budget, finance minister Nirmala Sitharaman addressed the press where she highlighted the government's resolve to spend more on productive assets to bring a Covid-ravaged
Union Budget 2021 India: As the FM rose to present the Budget, there was an air of uncertainty, particularly with regard to from where will she raise the resources. A 2% Covid cess was almost a forgone conclusion.
Union Budget 2021 India: One of the major highlights of the budget has been health care taking the centre-stage. Or as India’s highly regarded medical scientist Gagandeep Kang, professor at the Christian Medical College, Ve