Union Budget 2021

Union Budget 2021 News

Key Budget proposals effective from new fiscal 2021-22: Income tax rules, dividend relief, privatisation, more

The new financial year has started From April 1, 2021, and with it, rules and announcements made by Finance Minister…

April 2, 2021 13:16 IST

Income Tax Alert! Employees Provident Fund, LTC to ITR Filing rules – 10 big changes to know before April 1

Income Tax Changes: March 31 is an important date for income taxpayers in India as a number of changes are…

March 28, 2021 11:54 IST

CPSE assets sale to bring about paradigm shift in infrastructure: Finance Minister Nirmala Sitharaman

Rs 3 lakh cr boost for infra development: Cabinet OKs DFI, govt to leverage pension, sovereign funds

Finance Minister Nirmala Sitharaman today announced that the Union Cabinet has cleared the setting up the Development Finance Institution (DFI)…

Updated: March 16, 2021 17:40 IST

SBI, PSU banks, bank strike, privatisation, canara bank

Bank branches closed for next 4 days; SBI, other PSU banks may get hit as unions strike on March 15-16

Bank branches may remain closed for the next four days, including a two-day weekend holiday, and a two-day planned strike…

Updated: March 12, 2021 12:54 IST

Budget tilted towards supporting growth; FY22 fiscal deficit target of 6.8% realistic: Moody’s

Moody’s said the government’s fiscal deficit for 2020-21 and 2021-22 should be lower than projected, supported by stronger revenue generation…

February 25, 2021 20:02 IST

Proposed ARC will not ‘jeopardise’ existing players: RBI Guv Shaktikanta Das

The governor said RBI has also sharpened and deepened its supervisory methods and is now going to deep dive into…

February 25, 2021 16:48 IST

To the government’s credit, the disinvestment and privatisation plan is much more granular and has specific timelines for completion in this Budget.

Union Budget 2021: How Nirmala Sitharaman expanded powers of tax authorities

Union Budget 2021: Most of the proposed amendments find their roots in the agenda notes of the 39th GST council…

February 20, 2021 15:16 IST

The numbers in the Budget for FY22 confirm this. The Centre has pegged tax revenue at Rs 22.17 lakh crore in the Budget.

Searching for federal and citizen equity in Budget FY22

After adjusting for cess and non-shareable excise, the states’ share of the divisible pool has been effectively reduced to 30%.…

February 19, 2021 06:45 IST

Central Bank of India, Indian Overseas Bank shares jump 20% each on privatisation rumours

Central Bank of India, Indian Overseas Bank, Bank of Maharashtra, and Bank of India share price hit respective upper circuits…

Updated: February 18, 2021 13:29 IST

Nifty may hit 16,000 by March 2021-end, check top 3 trading ideas for next 4 weeks

NSE Nifty 50 has more than doubled from the lows of March 2020, hitting a record high of 15,432 earlier…

February 18, 2021 12:11 IST

Thanks to Covid-19, the passenger earnings in FY21, dropped steeply from the budgeted Rs 61,000 crore to a revised estimate of Rs 15,000 crore while the freight business had a slight dip from Rs 1,47,000 crore to Rs 1,24,184 crore.

Indian Railways get Budget booster; Infra allocations lay the ground for privatisation

Availability of funds is no longer an issue, as is evident from Budget FY22 that provides the highest-ever total capital…

February 18, 2021 05:15 IST

Budget FY22: Increased infra capex to boost steel demand

Union Budget 2021 India: The Union Budget for FY22 has been hailed as growth oriented and the path it has…

February 17, 2021 08:48 IST

Growth stimulating investments with clear road map on fiscal consolidation crucial now: Dr Rangarajan

The difference between the total revenue receipts (both tax and non-tax revenue) and the interest payments gives a good indicator…

Updated: February 16, 2021 22:15 IST

Budget 2021: Government pursuing reforms to make India one of world’s top economies, says FM Nirmala Sitharaman

Union Budget 2021 India: The Budget has laid emphasis on increasing capital expenditure, raising allocation for healthcare capacity building and…

Updated: February 13, 2021 16:40 IST

Sensex, Nifty surge over 10% so far in Feb’21; watch these key support, resistance levels for Nifty next week

Since the Union Budget 2021 presentation to date, BSE Sensex and Nifty 50 have surged over 10 per cent each.

February 13, 2021 14:52 IST

Stressing that the Budget is for Aatmanirbhar Bharat, she said, "attempt made in this Budget is to provide strong stimulus and provide such a stimulus which can bring in that kind of a multiplier effect...".

Budget 2021 provides strong stimulus for long term sustainable growth: FM Sitharaman

Union Budget 2021 India: “We are also looking at medium to long-term sustainable growth which will keep India in that…

February 12, 2021 17:15 IST

Budget 2021: How India Inc Will Continue to Innovate Ahead in 2021

Union Budget 2021 India: The waves of changes brought to us by this pandemic and unequivocal, and it made countries,…

Updated: February 12, 2021 15:38 IST

Focus on rail freight corridors and accelerated infra investments: Key takeaways from Budget 2021

During the COVID-19 pandemic and the subsequent nationwide lockdown, the logistics sector played a frontline role in maintaining the intactness…

February 12, 2021 13:50 IST

A Budget to rebuild India: Baton handed over to private sector, now implementation awaits

Union Budget 2021: An unprecedented level of political resolve has been brought behind these reforms. Now, all of these must…

February 12, 2021 11:41 IST

Nirmala Sitharaman Finance Minister Lok Sabha Budget Session Parliament

Govt seeks Parliament nod for additional gross expenditure of Rs 6.28 lakh crore

Budget Session of Parliament: The proposals involve net cash outgo of Rs 4.13 lakh crore while the remaining amount will…

February 11, 2021 20:39 IST

Union Budget 2021, TCS, ICICI Bank, PSU banks

TCS, ICICI Bank, other must-have stocks: Time to rejig investment portfolio post Budget 2021? INTERVIEW

Investment advisor Sandip Sabharwal tells that the biggest driver of the markets now is easy liquidity which needs to be…

February 11, 2021 12:28 IST

Capex-led growth to kickstart investment; agri, infra, consumption sectors attractive | LIC MF INTERVIEW

Diving into the fine-print of Nirmala Sitharaman’s third budget, Yogesh Patil, Fund Manager – Equity, LIC Mutual Fund tells Kshitij…

February 10, 2021 14:33 IST

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