Tag: Union Budget 2021

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 […]

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. […]

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, […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]