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Budget 2021: Sitharaman likely to unveil big-ticket infrastructure financing bank

Express News Service NEW DELHI: Finance Minister Nirmala Sitharaman’s Budget, to be presented in the Lok Sabha on Monday, is likely to announce a dedicated bank for financing infrastructure development projects. The proposed bank will be incorporated through a special law, the National Bank for Financing Infrastructure and Development Bill, which Parliament is likely to pass in the Budget session. The bill describes the dedicated bank as “a provider, enabler and catalyst for infrastructure financing”. The development bank will provide low-cost funding for large, long-term infrastructure projects. The government mooted setting up such a bank given the unique financing requirement of the infrastructure sector, which is quite different from general industry.

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Budget 2021 likely to see hike in indirect taxes

Express News Service NEW DELHI: Staring at a revenue shortfall of over Rs 6.5 lakh crore and with less headroom for raising direct tax collection, the government is mulling to increase indirect taxes, which includes cess and excise duty, to make up for the deficit. “The tax collection is not up to the mark and we do not see a major revival in trend in the first six months of the current fiscal. One way is to increase direct taxation but the finance ministry has ruled out any increase in the tax slabs. There can be some tweaks. However, to compensate for the loss, there may be a spike in indirect taxes, new cess, and some duty hikes,” a senior official from the finance ministry said.

Anuradha shuklaAatmanirbhar bharatParliament onNews serviceIndirect taxesBudget 2021Tax slabs 2021Buget taxesImport dutyஅனுராதா சுக்லாபாராளுமன்றம் ஆன்செய்தி சேவைமறைமுகமாக வரிவரி அடுக்குகள்இறக்குமதி கடமை

UPMSP UP Board Exam 2021: A slight increase in the number of examination centers after amendment of policy - UPMSP UP Board Exam 2021: नीति में संशोधन के बाद परीक्षा केंद्रों की संख्या में मामूली बढ़ोत्तरी

UPMSP UP Board Exam 2021: A slight increase in the number of examination centers after amendment of policy - UPMSP UP Board Exam 2021: नीति में संशोधन के बाद परीक्षा केंद्रों की संख्या में मामूली बढ़ोत्तरी
livehindustan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livehindustan.com Daily Mail and Mail on Sunday newspapers.

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Govt s disinvestment plans remain strong despite Covid-19 headwinds- The New Indian Express

Express News Service NEW DELHI: Disinvestment intentions both strategic and non-strategic seem unfazed by the Covid-19 pandemic as the government is gearing up to invite expressions of interest (EoIs) for ITDC, BEML, Concor and Neelachal Ispat Nigam Ltd (NINL) in the next few days. While the coronavirus pandemic has put hurdles on the government’s ambitious Rs 2.1 lakh crore divestment plan for this fiscal, officials say such activities would remain at high levels starting early next year. According to the sources in the finance ministry, there is a meeting on December 30 to decide on the final terms and conditions of EOI of India Tourism Development Corporation (ITDC)’s sale of Ashoka Hotel, which will be followed by another meeting for BEML.

Nirmala sitharamanAnuradha shuklaPawan hansCentral electricity corporationIndia tourism development corporationNeelachal ispat nigam ltdCorporation of indiaRailtel corporationAir indiaEois of bharat petroleum corporation ltdBharat earth movers ltdAshoka hotelNews serviceBharat petroleum corporation ltdShipping corporationMinister nirmala sitharaman

School Reopen: Conduct 5 hours in a shift Classes 9 to 12 - School Reopen: एक पाली में 5 घंटे संचालित की जाएं 9 से 12 तक की कक्षाएं

School Reopen: Conduct 5 hours in a shift Classes 9 to 12 - School Reopen: एक पाली में 5 घंटे संचालित की जाएं 9 से 12 तक की कक्षाएं
livehindustan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livehindustan.com Daily Mail and Mail on Sunday newspapers.

Anuradha shuklaSchool associationEducation departmentAnaded private schools associationMain secretaryEducation anuradha shuklaSmall containPrivate schools associationAnil agarwalEducation director officeஅனுராதா சுக்லாபள்ளி சங்கம்கல்வி துறைபிரதான செயலாளர்ப்ரைவேட் பள்ளிகள் சங்கம்அனில் அகர்வால்