Page 44 - Union Budget

Towards Budget 2021-22

The budget-making exercise offers golden opportunities despite challenges

India's next Budget to focus on boosting growth, says FM Sitharaman

With the world's second-highest cases of coronavirus despite a severe lockdown of its 1.3 billion people early on in the pandemic, India's economy is expected to contract nearly 10% in the 2020-21

Govt kickstarts Budget-making exercise; health outlay may get 50% boost

FY22 infrastructure allocation also likely to see significant increase

Best of BS Opinion: Budgeting in unusual times, end of a 'holy warrior'

Here's a selection of Business Standard opinion pieces for the day

Will ask govt to make employers' contribution tax-free in Budget: PFRDA

Pension fund regulator PFRDA will propose to the government to make employers' contribution of 14% under NPS tax free for all categories of subscribers in the next Budget

Industry bodies, experts to submit ideas on Budget 2021 via e-mail: FinMin

The Union Budget 2021-22 is expected to be tabled in Parliament on February 1

The secret wish of all finance ministers

Time has come to discard the practice of reading out Part A of the Budget in the house

FM Sitharaman insisted on my transfer from North Block, says S C Garg

Former finance secretary Garg had last year opted for voluntary retirement after being transferred to Power ministry

Amid grim fiscal outlook, this 'act of god' could salvage Sitharaman's Budget

If the Finance Commission recommends a smaller tax share for states, the Centre will get more money. On what that would do to 'cooperative federalism', you don't need to guess, writes T N Ninan

Next budget should bring down personal tax rate to 25%: New PHDCCI chief

In a Q&A, Sanjay Aggarwal calls for focus on infra, flow of investments, creating a conducive environment for companies looking to shift businesses from other countries to India

Budget 2021: Personal Data Protection Bill likely to be tabled in Parl

The draft of the bill, approved by the Cabinet in December 2019, proposes a penalty of up to Rs 15 crore and up to three-year jail term for company executives for violating privacy norms.

MyGov to focus on having more state chapters, campus ambassadors: CEO

The platform, launched in July 2014, has 13 million users who contribute their ideas through discussions

Union Budget 2021: Finance Ministry to start budgetary exercise from Oct 16

The Finance Ministry issued a Budget circular on Thursday evening, which contains necessary instructions and deadline for submission of details by different central ministries and departments

Budget 2021: Finance Ministry to kick-start budgetary exercise from Oct 16

It will be the third budget of the Modi 2.0 government and Finance Minister Nirmala Sitharaman

Govt to infuse Rs 20,000 cr in public sector banks; seeks parliamentary nod

The government has infused Rs 3.5 trillion in PSBs in the last few years, with the previous round of recapitalisation taking place in September 2019

FinMin unlikely to take Covid-hit FY21 as a base for FY22 Budget

FY20 is being considered for a 'more realistic comparison'

Covid-19 crisis: No new scheme for a year as govt tightens purse strings

New schemes, up to Rs 500 crore, which have already been appraised by the departments and ministries, would also be suspended in the current financial year.

I've to be careful, am answerable to Parliament: FM Nirmala Sitharaman

Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the Rs 20-trillion package.

Old income tax regime or new? Work out the math before you make your choice

Compute your income-tax liability twice, under the old system and the new. Factor in likely events like job loss of pay cuts

Questions about borrowing

The funding need can change materially