Page 35 - Union Budget

Subsidy bill nears Rs 6 trn in FY21 on extra free foodgrain distribution

On Monday, Finance Minister Nirmala Sitharaman presented revised numbers of major subsidies

Budget 2021: Law Ministry gets allocation for procurement of EVMs by EC

Another Rs 7.20 crore has been allocated for elector photo identity cards

Budget 2021: Govt raises import duty on parts of mobile phones, chargers

The import duty on PCBA for making any charger is proposed to be raised to 15 per cent

Moody's raises doubts on higher revenue targets from tax, divestment

Moody's, while silent on the sovereign rating on the higher-than-expected fiscal deficit numbers, expressed doubts over attaining the higher revenue targets and divestment realisation

Budget 2021 will usher in new era of inclusive growth in India: Rajnath

Defence Minister Rajnath Singh said the Union Budget for 2021-22 is "unprecedented" in many ways, it will usher in a new era of inclusive growth and prosperity

FM announces key takeaways for education sector in Union Budget 2021

More than 15,000 schools will be 'qualitatively strengthened' under the National Education Policy (NEP)

Budget 2021: Phones may get costlier as govt raises custom duty on parts

Government on Monday announced an increase in custom duty for up to 10 per cent on mobile chargers and some sub-parts of phones

Budget 2021 aims to reset economy with honesty in numbers, without doles

Budget aims for minimum government interference while ensuring there is certainty in the tax rates and other rules

Budget 2021 can be a turning point in India's socialist orientation

The government focuses on developing infrastructure, dares to gamble on deficit.

Indices post biggest Budget-day gain; Sensex ends 2,315 points up at 48,601

All that happened in the markets today

Govt allocates Rs 4.78 trillion to defence for 2021-22 in Budget 2021

The defence budget, including outlay for payment of pensions, was increased to Rs 4.78 trillion for 2021-22 as against last year's Rs 4.71 trillion

'Promise and hope': Read and download all Budget 2021 documents here

Among other measures, Finance Minister Nirmala Sitharaman proposed doubling of healthcare spending and lifted caps on foreigners investing in the vast insurance market to help revive the economy

Was FM's Budget like 'never seen before'? Here's what D-Street mavens say

The FM has delivered a unique Budget, wherein all the right measures have been proposed to speed up growth, said Dhiraj Relli, MD & CEO at HDFC Securities

India slashes basic import duty on crude palm oil to 15% from 27.5%

India cut the basic import duty on crude palm oil (CPO) to 15% from 27.5% earlier, Finance Minister Nirmala Sitharaman said on Monday

Govt extends eligibility for claiming tax holiday, capital gains exemption

The government on Monday proposed extension of the eligibility for claiming tax holiday and capital gains exemption for investment in startups till March 31, 2022

MSP regime underwent changes to assure price at 1.5 times making cost: FM

Stressed that the government is committed to farmers' welfare, Finance Minister Sitharaman said the MSP regime has undergone a "sea change" to assure price at least 1.5 times of production cost

Budget 2021 highlights: Relief for seniors above 75, other key announcements

Budget 2021: FM proposes tax exemption for aircraft leasing companies

The government on Monday proposed tax exemption for aircraft leasing companies

Sitharaman gives further push to affordable housing projects in Budget 2021

Sitharaman proposed to extend the Rs 1.5 lakh benefit on interest paid on affordable housing loans by one year to March 31, 2022. Last year this was extended by a year to March 2021 from March 2020

Budget for 'Aatmanirbhar Bharat', will strengthen economy: Rajnath Singh

Senior BJP leader and Defence Minister Rajnath Singh on Monday hailed the Union Budget as one for 'Aatmanirbhar Bharat', and asserted that this will strengthen the economy