Page 33 - Union Budget

It's getting better over time: FM cuts Budget speech short this year

There has been less fudging with the revised estimates (RE) of 2020-21.

Spend, earn, tax: Finances of Union Budget 2021 explained in nine charts

Taxes on individual incomes will now bring more revenue to the government than taxes on corporate profits

Union Budget 2021: Govt to privatise two PSBs and one general insurer

The Budget has also laid the road map for overhauling public sector enterprises with the announcement of the broad details of the privatisation policy

Budget: Relief from double taxation for NRIs' earnings in pension account

So, if a person moves to India and becomes a resident Indian for tax purposes, they get taxed on any income they earn in these accounts

Budget 2021: Govt extends benefits on affordable housing till March 2022

The upper limit is capped at Rs 45 lakh for claiming this deduction.

Ad film director Prahlad Kakar's take on the best, worst things in Budget

Additionally, the consumer will hopefully have more to spend in the short term, which will push up demand

Budget 2021: The right formula for revival, says Centrum Group's J Bindra

The DFI should play a more dev­elopmental role in building greenfield infra projects, which could help achieve the target of Rs 5 trillion.

Like performance of Cheteshwar Pujara, Budget 2021 is brave and stable

Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations

Budget 2021: Govt lays out Rs 5.54 trn for capital creation in infra sector

Close to 8,500 km of road, highway projects being planned to be awarded by March 2022

Budget showcases govt's strong strategic push for growth-oriented road map

The sharp and targeted focus on infrastructure, capex, health, education, financial sector reforms and fiscal credibility have been the key takeaways from this Budget

What about the Bank Investment Company in Sitharaman's Budget 2021?

Between 2015-16 and 2019-20, the Centre had pumped in Rs 3.56 trillion into these banks through both direct subscription of equity shares and recapitalisation-bonds

Two, not three, cheers are enough for FM Sitharaman's Budget 2021

After 51 years of bank nationalisation, the government has finally admitted that it should not be in the business of running all public sector banks

Budget a fine balance between prudent spending, incentives to woo capital

The FM's speech boosted sentiments through announcement of anticipated reforms like infra funding through a new DFI, 'bad bank'-type structure for resolution of stressed assets

Budget: ARC to fast-track PSB clean-up, initial capital pegged at Rs 10K cr

In their post-budget media interaction, finance ministry officials said banks will put in capital in the AMC, and the govt will give support, if required

Union Budget with eye on the target, says Marico MD & CEO Saugata Gupta

The Budget for 2021-22 has taken a multi-pronged approach to incentivise consumption and investment opportunities

Budget 2021: Massive spending commitment for infra; new DFI on the cards

Institution to have Rs 20,000-cr initial capital; Rs 5-trn lending portfolio target in 3 yrs

Govt to set up Rs 20,000 cr DFI to promote infra financing: FM Sitharaman

FM said the govt will set up a Rs 20,000 crore Development Finance Institution with a view to mobilise Rs 111 trillion required for funding of the ambitious national infrastructure pipeline.

Budget 2021: Delhi govt accuses Centre of favouring big companies

The Delhi government accused the Centre of giving step motherly treatment to the national capital in the Union budget 2021-22, and claimed the budget is aimed at benefitting few big companies.

Leather products to get costlier after 10% customs duty, say manufacturers

'Customs duty hike to make leather expensive', said Alberto Torresi director

My budget will be about 'Swayampoorna Goa', says CM Pramod Sawant

Goa Chief Minister Pramod Sawant on Monday said he would be presenting the state's budget in the end of March and it would focus on making the state self- reliant.