Page 30 - Union Budget

Opposition slams govt in Lok Sabha for ignoring 'aam admi' in Budget

The Opposition slammed the government in the Lok Sabha on Wednesday for ignoring the "aam admi" and showing insensitivity towards agitating farmers in the budget proposals for 2021-22

Increasing fiscal constraints

Govt must focus on mobilising more revenues

AAR in new avatar: Old wine or efficient machinery for disposal of cases?

Experts say while the backlog of cases will most likely be reduced, the quality of rulings may not inspire taxpayers

Focus on infra in Budget 2021 will help revive tourism sector: Tourism secy

The focus on the building of infrastructure will help improve connectivity for both domestic and international travellers, thereby helping the tourism sector to grow, Tourism Secretary Arvind Singh

Would industry still hail a budget without tax sops if cost of money rises?

Higher interest rates will clip investment plans of companies and could bad news for FM Nirmala Sitharaman who feels she has kept her part of the deal in Budget FY22 by not raising taxes

Understanding the zero-sum game of the new agriculture infra cess

While the FM has ostensibly got her act right on imposing the levy without punishing the consumer, questions about the share of states, the rate structure and the use of funds remain

Congress MP presses for increasing Budget discussion time from 10 to 12 hrs

As the Rajya Sabha proceedings began on Wednesday, Congress Member of Parliament (MP) Jairam Ramesh said that the time to discuss the Union Budget should be increased from 10 to 12 hours

Budget discussion likely to begin first in Rajya Sabha, 6th time in history

Departing from the usual practice, the discussion on Union Budget is likely to start first in Rajya Sabha. This is only for the sixth time Upper House will take up the discussion before the Lok Sabha

Diverse responses to the Budget

The finance minister did very well for equity market investors. How did she fare with households?

Is Union Budget 2021-22 inflationary? Experts not on the same page

The government has ruled out tweaking the inflation target under the monetary agreement framework between it and the RBI

A closer look at the Budget

There are some areas of concern, though the government has done well to put an end to subsidy fudging and come clean on numbers

Govt fell short in backing NEP with cut in education budget: Experts

What has also taken many by surprise is the cut in spending on education by at least Rs 6,000 crore

Disinvestment calendar will work well, non-tax revenues to improve: FM

Finance Minister Nirmala Sitharaman on Thursday exuded confidence that the disinvestment calendar announced in the Union Budget will "work well".

We may consider acquisitions in South East Asia: Marico head Saugata Gupta

In an Q&A, Saugata Gupta, Marico's managing director and CEO, hails the Budget and lays out the company's road map for the future

Can FCI's subsidy wipe-out serve as a base for deeper food subsidy reforms?

If clearing of FCI's outstanding dues and loans does not spur further reforms, they will once again reach current levels in the next 4-5 years, say experts

Monetary policy will continue to have role in supporting fiscal stimulus

The MPC will keep the policy repo rate on hold, unanimously, despite the prospect of a drop in CPI inflation to 5 per cent in Q4 and then likely to average 4.5 per cent in FY22

Tariff uncertainty

Tinkering with rates will put off investment and hurt exports

M&A costs to go up after Budget 2021 axes tax depreciation on goodwill

The amendments on goodwill are retrospective as depreciation on any past goodwill, partly claimed in the past, would not be available going forward

Indirect Taxes: FM Sitharaman's Budget attempts a delicate balancing act

The focus has been on smoothening the GST structure and removing anomalies, as well as closing loopholes to curb fraudulent practices

Budget focuses on boosting demand and supply to aid long-term growth

The Budget aims to boost demand and supply through increased spending in sectors such as health, education, infrastructure and power