On Friday, the domestic equity market had continued its downward journey for the sixth session in row.
However, this time there is no need to wait for hours for the Budget transcript to be released. One can read or download the Budget 2021 documents on the 'Union Budget App' minutes after Finance Minister finishes her speech.
Finance Minister Nirmala Sitharaman presented the Union Budget for 2021-22 in Parliament. This year's Budget is unique as finance minister used a Made in India tablet to deliver a paperless Budget address, instead of a bahi khata, that she used last year.
Sitharaman, who had in her first budget in 2019 replaced leather briefcase that had been for decades used for carrying budget documents with a traditional red cloth 'bahi-khata', had earlier this month stated that the budget for the fiscal year beginning April will be "like never before".
India is ready to unveil Budget "like never before" on Monday, February 1. The countrymen are awaiting the moment when Union Finance Minister Nirmala Sitharaman will rise up in Parliament to present the ninth budget under the Modi government.
From bringing back jobs in the market to tax deductions, there are a lot of expectations from Modi government's Budget. Although Sitharaman, in the last Budget, announced cuts in personal income tax, the government has so far pushed for a rebate on all payable taxes, and the basic tax exemption limit has remained the same.
However, in this month, there is no national holiday on which banks across the country will remain closed. Several occasions like Chhatrapati Shivaji Maharaj Jayanti, Md Hazrat Ali birth anniversary, Basant Panchami, etc will be celebrated in the month of February
Ahead of the Union Budget 2021, which will be presented by Finance Minister Nirmala Sitharaman on February, Federation of Automobile Dealers Associations (FADA), President, Vinkesh Gulati said the Indian automobile industry is a barometer of the Indian economy and its revival will in turn pull up the economy.
The new bill has been titled as ‘The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021’. The Centre is looking towards the introduction, consideration, and passing of this bill.
The reason cited the absence of adequate capital and earning prospects as the reason behind the cancellation.
Gold prices rose by Rs 132 to Rs 48,376 per 10 gram in the national capital on Friday, according to HDFC Securities.
The contraction in FY21 is mainly due to coronavirus (Covid-19) pandemic and the visible damage caused by the subsequent countrywide lockdown to contain it.
Finance Minister Nirmala Sitharaman will table the Union Budget 2021-22 in the parliament on February 1 i.e, on Monday.
The company did not provide value of the contracts but said the orders fall under "significant" category which range between Rs 1,000 crore and Rs 2,500 crore as per its classification of contracts.
The Rajasthan government has reduces VAT on diesel and petrol by 2 per cent each. After the reduction, 36 per cent VAT applicable on petrol and 26 per cent on diesel.
The Economic Survey, which is presented on the opening day of the budget session, provides a summary of the annual economic development across the country during the financial year.
President Ram Nath Kovind has strongly condemned violence on Republic Day and said that unfurling of a religious flag at Red Fort was unfortunate.
IRFC share listing: IRFC is a dedicated financing arm of the Indian Railways for mobilising funds from domestic as well as overseas markets.
The Economic Survey 2020-2021 will be presented on January 29. It will be the first economic survey by the Centre that will be tabled amid the pandemic.
The Union Budget 2021-22 will be presented by Finance Minister Nirmala Sitharaman on February 1 (Monday). It will be the first budget presentation amid the pandemic.