Budget 2021

Budget: Govt may announce steps to promote e-commerce exports, imports

​The government in the budget next week is expected to announce measures such as extending the facility of bulk clearance for e-commerce imports and exports with a view to promoting the growth of this fast-growing segment in the country, sources said.

Govt may hike agri credit target to about Rs 19 lakh cr in Budget

With the aim of doubling farmers' income by 2022, the government is likely to raise farm credit target to about Rs 19 lakh crore in Budget 2021-22 to be presented on February 1, according to sources.

Budget 2021: Toyota seeks simplification of laws, policy support for electric vehicles

Spelling out its Budget wish-list on Monday, the automaker also sought policy measures to support production of electric and hybrid vehicles (xEVs) in the country.

Will Budget 2021 deliver the goods for real estate?

The realty industry remains one of the most precise bellwethers of the state of India's economy. Like all other sectors, real estate, which contributes more than 8 percent to the Indian economy, too has expectations.

Budget 2021: Govt may tweak customs duties on several goods

India's most-awaited budget is just a week away. Finance minister Nirmala Sitharaman will unveil the Budget 2021-22 on February 1. Meanwhile, sources have told PTI that the government may tweak customs duties on several goods to promote domestic manufacturing and exports.

Govt may announce policy formulation for toys sector in Budget 2021

A source said that the country has low share in the international toys industry and India's exports account for less than 0.5 per cent of global demand, so there are immense opportunities in this segment.

Mobile industry raises demand for GST rate cut in Budget

Industry body India Cellular and Electronics Association (ICEA) has renewed its demand for reducing Goods and Services Tax (GST) for the mobile industry ahead of the Union Budget to be presented on February 1.

Final stage of Budget 2021-22 commences with Halwa ceremony, launch of Union Budget Mobile App

In an unprecedented initiative, Union Budget 2021-22 will be delivered on February 1 in paperless form for the first time.

Budget session: PM Modi to chair all-party meeting on Jan 30

An all-party meeting is a customary procedure before the beginning of every session of Parliament to ensure its smooth functioning.However, this time it is being held a day after the session starts on January 29.

Budget 2021: Aluminium industry seeks govt support; looks forward to supportive measures

In a representation to the government ahead of the Union Budget for 2021-22, the Aluminium Association of India said, "The Indian aluminium industry seeks immediate government support to tide over this challenging phase and look forward for supportive measures in the forthcoming Union Budget 2021-22.

Luxury car makers seek reduction in taxes on automobiles in upcoming Budget

Good News! Modi govt may increase Rs 6,000 cash support under PM-KISAN for farmers

The government is likely to announce hike in the cash support for farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).

Sitharaman to present Union Budget on Feb 1 as next Parliament session begins Jan 29

The Budget session of Parliament will commence from January 29, with Union Finance Minister Nirmala Sitharaman set to present the Union Budget on February 1. The session will be held in two parts -- from January 29 to February 15 and March 8 to April 8.

Budget 2021: Govt should provide additional funds, incentives for agri sector, say experts

Referring to the successful PM-KISAN scheme under which Rs 6,000 is paid annually directly into farmers bank accounts, he said the DBT mechanism should be fine-tuned and gradually should be utilized to support farmers in lieu of other subsidies.

Middle class to gain from higher tax deductions likely in Budget 2021

Budget 2021: Middle class tax payers may get a lot to cheer about the Budget proposals to be presented by Finance Minister Nirmala Sitharaman next month.