The Survey batted for a bold fiscal expansion to make the economic recovery more broad-based
Govt should tread carefully on this path
Experts say the terms mirror the govt's intentions, priorities and policies and provide a hint of financial resources among various sectors
The Centre has lined up an intensive legislative agenda with over 20 bills for the Budget Session of Parliament
From 1955-56, Budget papers began to be printed in Hindi as well.
A consumption boost through continued pay-outs for another year to those at the bottom of the pyramid, and still more money for the employee guarantee scheme should be in order, writes T N Ninan
Budget will be presented on February 1
The economic survey forms a basis for the Union Budget
The Survey emphasised that the year after the crisis will require sustained and calibrated measures to facilitate the process of economic recovery
The budget will be presented on February 1
PSU stocks like IRCTC, BPCL, RCF, and RITES have not seen aggressive selling pressure. A small recovery may see a strong bullishness going forward
While increasing public expenditure is key to revive the economy from the pandemic-induced slump, falling tax revenues mean Sitharaman will have thin resources
Given that the FM has already said that this will be extraordinary Budget, all eyes will be on how she allocates the resources to the most pressing needs of the present time
A so-called Covid cess shouldn't be announced because the economy is still normalising after a strict and vast lockdown, Sonal Varma, an economist at Nomura Holdings, said on Thursday
Total spending plan for next fiscal may surpass last year's Rs 30.4 trn, with focus likely on expanding a jobs guarantee program to cities and increasing allocation on education, housing, and health
A combination of stepped-up social spending - including on long-neglected healthcare - and a state-led infrastructure push will make the recovery both durable and inclusive
Budget 1997-98 reduced corporate tax rates; and encouraged higher investment from FIIs
Real estate developers expect the government to provide industry as well as infrastructure status for the sector, increase the corpus of Rs 25,000-crore stress fund, and more tax sops for both homebuyers and builders in the upcoming Budget to boost property demand. They also hope for single-window clearance for projects, measures to boost liquidity, reduction in the GST rates and availability of input tax credit on the GST paid in the Budget 2021-22, which will be presented on February 1. "We sincerely hope that Budget 2021 brings some much-needed relief to homebuyers as well as developers," Tata Realty and Infrastructure MD & CEO Sanjay Dutt said. As the sector's growth relies heavily on the upcoming financial amendments, he said the government should grant industry status to the real estate sector and a single-window clearance mechanism for faster completion of projects. "One GST, one or no stamp duty regime and reduction in registration charges across states are some of the ...
BJP said the Budget will usher in a new era of economic growth in the country