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Tag: Union Budget 2021

Revolutionary & Historic: Union Minister Pratap Sarangi On Union Budget 2021
Revolutionary & Historic: Union Minister Pratap Sarangi On Union Budget 2021

Bhubaneswar: Union Minister of State for Fisheries, Animal Husbandry and Dairying, Pratap Chandra Sarangi on Sunday termed the Union Budget 2021 as revolutionary and historic. Addressing a presser, Sarangi said the Budget presented by Union Finance Minister Nirmala Sitharaman is a reflection of the resolution of an Atmanirbhar Bharat. “At a time when the world […]

Odisha BJP Challenges BJD For Open Debate Over Negligence Allegations In Rail Budget
Odisha BJP Challenges BJD For Open Debate Over Negligence Allegations In Rail Budget

Bhubaneswar:  A day after the ruling Biju Janata Dal (BJD) challenged Bharatiya Janata Party (BJP) for a debate alleging gross negligence to Odisha in the Union Railway Budget 2021-22, the saffron party on Tuesday threw an open challenge at Naveen Patnaik-led government for a discussion over the same. Speaking to the reporters during a press […]

Anurag-Thakur
India's Post-Covid Budget Transparent, Futuristic: Anurag Thakur

New Delhi: India’s first Budget after the outbreak of the Covid-19 pandemic is prudent, transparent and futuristic and is aimed at making the country self-reliant, Minister of State for Finance, Anurag Thakur, told IANS. Following are the excerpts from the post-Budget exclusive conversation IANS had with Thakur. Q1. What were your first thoughts regarding the […]

Flipkart, Amazon To Pay 2% Extra Tax Now
Flipkart, Amazon To Pay 2% Extra Tax Now

New Delhi: The Confederation of All India Traders (CAIT) has welcomed the Budget proposal to impose 2 per cent extra tax on foreign e-commerce companies whether engaged in business of sale of goods or providing services, acceptance of offer for sale, placing of purchase order, acceptance of purchase order, payment of consideration or supply of […]

Naveen-Patnik
Naveen Patnaik Expresses Concern Over Drastic Reduction In The Share In Central Taxes

Bhubaneswar: Odisha Chief Minister Naveen Patnaik expressed concern over the “drastic reduction” of the share in central taxes and centralization of revenue by introduction of cess on petrol and diesel. He, however, welcomed certain aspects of the union budget 2021-2022. He said the banks have to be made accountable to extend credit to women, farmers […]

Union Budget 2021: Green Activists Hail Budget Policy On Green Hydrogen
Union Budget 2021: Green Activists Hail Budget Policy On Green Hydrogen

New Delhi: Environment activists and experts on Monday said the Budget announcements that India will soon have a policy on green hydrogen is a welcome step but expressed displeasure over lack of policy on closing inefficient coal plants and clarity on electric public transport vehicles. Responding to the budget announcements, Aarti Khosla, Director Climate Trends, […]

Nirmal Sitharaman 2021
Union Budget 2020-21: Odisha to Benefit Most From Atmanirbhar Swasthya Yojana, Jal Jeevan Mission!

Bhubaneswar: In the first budget post the once in a lifetime pandemic, Union Finance Minister Nirmal Sitharaman has harped high on the health and wellness sector in the budget. She today has also presented the 15th Finance Commission report in the Parliament. As per the 15th FC report, Odisha healthcare is seemingly on a sickbed. […]

BJP Hails Union Budget 2021: Here's Who Said What
BJP Hails Union Budget 2021: Here's Who Said What

New Delhi: The BJP on Monday hailed the Union Budget as one for an ‘Aatmanirbhar Bharat’, and asserted that this all-inclusive budget will strengthen the economy and double farmers’ income. Ruling party leaders lauded the budget for its focus on a number of measures, including capital expenditure, tax exemption for senior citizens and incentives for […]

Union Budget 2021: Know What Gets Dearer, What’s Cheaper
Union Budget 2021: Know What Gets Dearer, What’s Cheaper

New Delhi: Gold and silver are set to become cheaper as Finance Minister Nirmala Sitharaman has proposed rationalisation in customs duty on imports of these precious metals in the Union Budget for 2021-22. As per the proposal of the FM, the duty on gold and silver will be reduced to 7.5% from 12.5%. In July, […]

Sports Budget Takes Cut Of Rs 230.78 Crore, Khelo India Sees Biggest Reduction
Sports Budget Takes Cut Of Rs 230.78 Crore, Khelo India Sees Biggest Reduction

New Delhi: The central government on Monday allocated Rs 2596.14 crore for the financial year 2021-22, a reduction of Rs 230.78 crore when compared to the amount earmarked initially for the previous year. In the last financial year, the government had allocated Rs 2826.92 crore for sports, which was later revised to Rs 1800.15 crore […]

Over 1.4 Lakh Jobs Between 2019 And March 1, 2021: Budget
Over 1.4 Lakh Jobs Between 2019 And March 1, 2021: Budget

New Delhi: Over 1.4 lakh jobs are estimated to be created between March 2019 and March 2021 in various central government departments, according to the Union Budget presented on Monday. The strength of government establishments was 32,71,113 as on March 1, 2019, which is estimated to increase to 34,14,226 by the first day of next […]

Union Budget 2021: Women And Child Development Ministry's Budget Hiked By 16%
Union Budget 2021: Women And Child Development Ministry's Budget Hiked By 16%

New Delhi: A sum of Rs 24,435 crore has been set aside for the Women and Child Development (WCD) Ministry for the next fiscal in the Budget announced on Monday, a 16.31 per cent increase over the 2020-21 financial year. Out of Rs 24,435 crore, the highest amount has been allocated to the newly announced […]

Union Budget 2021: Govt Earmarks Rs 35,000 Crore For COVID-19 Vaccine
Union Budget 2021: Govt Earmarks Rs 35,000 Crore For COVID-19 Vaccine

New Delhi: The government on Monday proposed a budget outlay of Rs 2,23,846 crore for health and well being in 2021-2022, an increase of 137 per cent from the previous year, with Rs 35,000 crore earmarked for COVID-19 vaccine in the upcoming fiscal. Presenting the budget, Finance Minister Nirmala Sitharaman positioned health and well being […]

Union Budget 2021: No Rise In Retail Petrol/Diesel Prices Despite New Cess
Union Budget 2021: No Rise In Retail Petrol/Diesel Prices Despite New Cess

New Delhi: The government on Monday imposed agriculture and infrastructure development cess at the rate of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel to mobilise additional resources required for massive investment required in these two key segments of the economy that hold the key to bringing back the country […]

PM Modi Congratulates FM Sitharaman For Budget Presentation
PM Modi Congratulates FM Sitharaman For Budget Presentation

New Delhi: Prime Minister Narendra Modi on Monday congratulated Finance Minister Nirmala Sitharaman for her marathon 110-minute Budget speech and also inquired about her health soon after she completed her presentation. The Finance Minister began her Budget speech at 11 a.m. for the third time in the National Democratic Alliance (NDA) government led by Prime […]

Sitharaman-Budget
Union Budget 2021: FM Proposes Rs 1,500cr Scheme To Boost Digital Payments

New Delhi:  To boost digital payments, Union Finance Minister Nirmala Sitharaman on Monday proposed a Rs 1,500 crore scheme during her budget presentation. “To give a further boost to digital transactions, I earmark Rs 1,500 crore for a proposed scheme that will provide financial incentive to promote digital mode of payment,” Sitharaman said. Sitharaman also […]

Congress
Union Budget 2021: Congress Terms Budget As Anti-Farmer

New Delhi: The Congress on Monday criticised the Centre for failing to address the farm issues and termed the Union Budget as ‘Kisan Vidrohi’. In a tweet on Monday soon after the Budget presentation, Congress leader Jaiveer Shergill said, “BJP Govt reading laundry list of hollow reforms in agri sector is case of failed student […]

BSE-Sensex
Budget Boost: Sensex Jumps 2,000 Points

Mumbai: The BSE Sensex soared over 2,000 points on Monday afternoon after Finance Minister Nirmala Sitharaman completed her first digital presentation of the Union Budget for FY21-22. Around 1.50 p.m., Sensex was trading at 48,346.88, higher by 2,061.11 points or 4.45 per cent from its previous close of 46,285.77 points. The Nifty50 on the National […]

Mobile-Phone
Union Budget 2021: Customs Duty Up 2.5% On Mobile Parts, Phones To Get Expensive

New Delhi: In another bid to boost domestic manufacturing, the government on Monday announced a 2.5 per cent increase in customs duty on mobile chargers and some sub-parts of phones, a move that will make phones more expensive. Finance Minister Nirmala Sitharaman, during her Budget speech, said, “Withdrawing exemptions on parts of chargers and mobile […]

Tax
Union Budget 2021: Tax Holiday For Startups To Be Extended By One More Year

New Delhi: Union Finance Minister Nirmala Sitharaman on Monday proposed the extension of tax holiday for startups by one more year. The move announced during the Budget presentation comes as India focuses on Aatmanirbhar Bharat mission aimed at making India a self-reliant nation. In another boost for startups, Sitharaman said that one-person companies will be […]

Rail-Infra
Union Budget 2021: Rail Infra Push Of Rs 1.1 Lakh Cr With Rs 1.07L Cr For Capex

New Delhi: Finance Minister Nirmala Sitharaman on Monday announced a record sum of Rs 1,10,055 crore for Indian Railways of which Rs 1,07,100 crore is for the capital expenditure. She said the national transporter will monetise the Dedicated Freight Corridor (DFC) asset after commissioning. Presenting the Union Budget 2021-22, Sitharaman said, “I am announcing a […]

farmers
Union Budget 2021: Govt Committed To Farmers' Welfare, MSP System Strengthened, Says FM

New Delhi: Stressed that the government is committed to farmers’ welfare, Finance Minister Nirmala Sitharaman on Friday said the MSP regime has undergone a “sea change” to assure price at least 1.5 times of production cost with sharp increase in procurement of foodgrains and payment to farmers. In her budget speech for the next fiscal, […]

FDI
Union Budget 2021: FDI Hike In Insurance To Invite Foreign Majors

New Delhi: In a big boost to FDI inflows and the insurance sector, Finance Minister Nirmala Sitharaman on Monday announced increase of FDI limits from 49 per cent to 74 per cent. Shares of insurance stocks surged after the announcement. ICICI Prudential Life Insurance was up by 2.87 per cent and Max Financial was up […]

Sitharaman-Budget
BJP Hopes For Budget Relief To Rural Poor, Farmers, Middle Class

By Navneet Mishra New Delhi: Union Finance Minister Nirmala Sitharaman presented the General Union Budget of 2021 on Monday. The ruling BJP hopes that this Budget would provide relief to the rural poor, farmers and the middle class facing the wrath of the coronavirus pandemic. The BJP is hopeful that there would be several major […]

Fin-Min
Finance Minister Sitharaman Leaves For Parliament To Present Budget 2021

New Delhi: As all eyes across the country are set to witness the Budget 2021 to be presented in Parliament very soon, Finance Minister Nirmala Sitharaman on Monday moved for the House. The Budget comes at a time when India has been battling with the coronavirus or Covid-19 pandemic and the economy is reeling under […]