Page 9 - Latest Updates on Budget at a Glance
Budget reflects govt's efforts to sideline non-BJP ruled states: Punjab CM
Punjab Chief Minister Amarinder Singh on Monday flayed the Union Budget
 "Budget reflects govt's efforts to sideline non-BJP ruled states: Punjab CM")
India sets aside Rs 7,100 cr as development assistance to other countries
Bhutan got the maximum allocation of Rs 3,004 crore
 "India sets aside Rs 7,100 cr as development assistance to other countries")
Budget: Edible oil industry welcomes agriculture development cess
The edible oil industry on Monday welcomed the announcement of agricultural development cess and the increase in import duty of crude palm oil in the Union Budget 2021-22
 "Budget: Edible oil industry welcomes agriculture development cess")
Telecom sector concerns remain unaddressed: Industry body on Budget
Telecom industry body COAI on Monday expressed disappointment over budget proposals
 "Telecom sector concerns remain unaddressed: Industry body on Budget")
Budget will help increase rural consumption: FMCG industry
The FMCG industry on Monday said a special focus on the agriculture sector in the Union Budget will help increase rural consumption and sustain growth momentum
 "Budget will help increase rural consumption: FMCG industry")
Budget: Agriculture companies cheer higher allocation to farm sector
The firms said this will help in boosting farmers' income and overall growth of the sector
 "Budget: Agriculture companies cheer higher allocation to farm sector")
No cut in excise duty on petrol, diesel: FM Nirmala Sitharaman
Sitharaman ignored calls for a reduction in excise duty rates to help bring down prices from historic high levels.
 "No cut in excise duty on petrol, diesel: FM Nirmala Sitharaman")
Interest on employee's PF contributions over Rs 2.5 lakh to be taxed
One per cent of EPF contributors to be affected
 "Interest on employee's PF contributions over Rs 2.5 lakh to be taxed")
Env ministry's outlay falls; vehicle scrapping policy to fight pollution
The Centre on Monday earmarked a separate Rs 2,217 crore for 42 urban centres to tackle air pollution
 "Env ministry's outlay falls; vehicle scrapping policy to fight pollution")
Budget: Education gets Rs 93,224 cr, Rs 8100 cr more than revised estimates
The Ministry of Education has been allocated Rs 93,224.31 crore in the 2021-22 Budget
 "Budget: Education gets Rs 93,224 cr, Rs 8100 cr more than revised estimates")
Rs 50,000 cr allocation to NRF will spur innovation: Experts
The allocation of Rs 50,000 crore over five years to the National Research Foundation announced in the Budget will spur innovation, industry experts have said
 "Rs 50,000 cr allocation to NRF will spur innovation: Experts")
Military sees small increase in budget even as China standoff simmers
Both India and China have moved thousands of soldiers, tanks, artillery to the disputed border
 "Military sees small increase in budget even as China standoff simmers")
All-inclusive budget touches every section of society: J P Nadda
The BJP on Monday hailed the Union Budget as one for an 'Aatmanirbhar Bharat'
 "All-inclusive budget touches every section of society: J P Nadda")
Govt has bypassed health, education in Budget, says Sisodia
Delhi Deputy Chief Minister Manish Sisodia has expressed his displeasure over the Union Budget 2021-2022
 "Govt has bypassed health, education in Budget, says Sisodia")
Demand for affordable housing to rise on extension of tax sops: Realtors
The government has extended additional tax deduction of Rs 1.5 lakh on home loan interest till March 2022
 "Demand for affordable housing to rise on extension of tax sops: Realtors")
GIFT to Gujarat: Can the state become the next Ireland of aircraft leasing?
Companies already enjoy a 10-year tax holiday on income and profit in GIFT. Sitharaman's proposal to not tax capital gains incomes could further sweeten the deal for those wanting to exit Ireland
 "GIFT to Gujarat: Can the state become the next Ireland of aircraft leasing?")
Government slashes fiscal 2021-22 sports budget by Rs 230 crore
In the Union budget presented in Parliament on Monday, the Central government allocated Rs.2,596.14 crore to sports
 "Government slashes fiscal 2021-22 sports budget by Rs 230 crore")
Budget: Dept of Space allocated Rs 13,949 cr after a steep cut last year
Out of the allocated funds Rs 8,228 crore have been earmarked for capital expenditure
 "Budget: Dept of Space allocated Rs 13,949 cr after a steep cut last year")
No ITR for those of 75 years and above if pension, FD interest in same bank
Senior citizens of 75 years and above having pension income and interest from fixed deposit in the same bank would not be required to file income tax returns for the financial year beginning April 1
 "No ITR for those of 75 years and above if pension, FD interest in same bank")
Budget silent on 'agri unrest', ignores 'entire north India': Punjab FM
Punjab Finance Minister Manpreet Singh Badal on Monday criticised the Union Budget
 "Budget silent on 'agri unrest', ignores 'entire north India': Punjab FM")
