Union Budget 2021: Catch all updates, details on India TV on Feb 1
Business | Jan 29, 2021, 04:25 PM ISTFinance Minister Nirmala Sitharaman will table the Union Budget 2021-22 in the parliament on February 1 i.e, on Monday.
Finance Minister Nirmala Sitharaman will table the Union Budget 2021-22 in the parliament on February 1 i.e, on Monday.
President Ram Nath Kovind highlighted the government's plan and policy vision for the next financial year in his speech. He also highlighted the work carried out by the government in the past years.
The Economic Survey 2020-21, authored by a team led by Chief Economic Adviser Krishnamurthy Venkata Subramanian, details the state of different sectors of the economy as well as reforms that should be undertaken to accelerate growth.
The Budget Session will be held in two parts --January 29 to February 15 and March 8 to April 8 and will have a total of 33 sittings.
The 30-share Sensex was trading higher by 403.16 points or 0.86 per cent at 47,277.52 in opening deals.
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.
From incentives to subsidies and tax cuts and other benefits, the startup industry wants from the Modi government to announce measures that translates into profits in the coming years.
The Union Budget 2020-21 had estimated fiscal deficit at Rs 7.96 lakh crore or 3.5 per cent of GDP but India Ratings sees it printing in at Rs 13.44 lakh crore or 7 per cent if the government cleared its payables and roll over some portion of expenditure to 2021-22.
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.
After announcing a series of stimulus packages to buttress the economy, the finance minister has an opportunity to lay out a fiscal blueprint - paperless for the first time - to strengthen the distressed sectors and encourage the promising ones alike, keeping in mind the expectations of the common man as well.
The Cabinet on Wednesday cleared the new public sector enterprises (PSE) policy that will define strategic and non-strategic sectors.
After the economic downturn due to COVID-19, Finance Minister- Nirmala Sitharaman has raised many hopes for everyone before presenting the 2021 Budget, on February 1.
ICRA has recommended higher budgetary allocation to strengthen the power distribution infrastructure and improve the financial viability of the distribution segment, including the implementation of amendments to the Electricity Act.
Finance Minister Nirmala Sitharaman's plans to divest government control of large companies such as Air India and Bharat Petroleum Corp Ltd failed to make much headway in the current fiscal year because of the pandemic.
The MSME sector is hoping to get rid of challenges like lack of access to capital, infrastructure, skilled labor, and power supply issues.
With the Union Budget 2021 less than a week away, various sectors are expecting Finance Minister Nirmala Sitharaman to make some big-ticket announcements. While the focus is likely to be on the revival of the economy hit hard by the pandemic, the startup sector has its own expectations.
The gem and jewellery industry wants the Modi government to reduce customs duty on gold, withdraw of tax collected at source, cut in import duty on polished precious and semi-precious gemstones.
The government should increase healthcare spend in the ensuing budget for ramping up the infrastructure in the sector, healthcare service providers have said.
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