Page 13 - Development Cess News Today

Budget 2021: Reactions from the social sector On February 1, Finance Minister Nirmala Sitharaman presented India’s first-ever paperless Budget. A lot of reforms were announced on migrant labour, renewable energy, and women and child welfare. Experts from the social sector weigh in. 0 claps The Union Budget 2021-22 was a first-of-its-kind on many fronts. In addition to being the first paperless Budget, it was also the first since the pandemic forced the country into months of lockdown, which ...

A primer in 26 steps Premium 7 min read Share Via Atmanirbhar The government’s flagship economic policy of a self-reliant India got top billing in the budget. Nirmala Sitharaman’s dedicated Part-A of her speech to the policy, which is increasing in scope and coverage. Atmanirbhar has even been institutionalized in a new centrally-sponsored health scheme with an outlay of ₹64,180crore. TRENDING STORIESSee All 1 min read 2 min read Premium 3 min read Bad bank There has been plenty of deba...

In Delhi and Mumbai, the petrol prices are at Rs 86.30 and Rs 92.86 per litre respectively.

On Monday, Union Minister Ramdas Athawale hit back at the opposition parties which had accused the Centre of making false promises in the Union Budget 2021-22.

Fuel prices will not increase: Javadekar   Tue, Feb 02 2021 08:15:37 AM New Delhi, Feb 2 (IANS): Ruling out the possibility of a hike in fuel prices after the imposition of Agriculture Infrastructure and Development Cess in the Budget presented on Monday, Union Minister Prakash Javadekar said that the Modi governments budget will take the country forward. He said, "There will be no increase in petrol and diesel prices. There will be no additional burden on people. The cess has been imposed t...

Tuesday, 02 February, 2021, 08 : 00 AM [IST] Ashwani Maindola, New Delhi Finance Minister Nirmala Sitharaman has announced expansion of the scope of Operation Greens to boost export of agricultural commodities. She said that to boost value addition in agriculture and allied products and their exports, the scope of ‘Operation Greens Scheme’ that is presently applicable to tomatoes, onions, and potatoes, will be enlarged to include 22 perishable products. Als...

Finance Minister Nirmala Sitharaman announces a 5% revision in Gold Import Duty. Does this mean one should buy Gold?

Diesel price was also unchanged at Rs 76.48 per litre. Petrol and diesel prices were hiked by 25 paise per litre on January 27, according to a price notification from oil marketing companies. This had taken prices in Delhi to Rs 86.30 per litre and Rs 76.48, respectively. Petrol prices in Mumbai stood at Rs 92.86 per litre -- the same as yesterday. One litre of diesel will cost Rs 83.30 in the city. In Chennai, petrol remained unchanged to sell at Rs 88.82. Diesel was retailing at Rs 81.71 ...

Agriculture infrastructure cess: States tax revenue to take a hit as FM cuts duty Agriculture Infrastructure and Development Cess has been placed on fuel, alcoholic beverages, gold, silver, crude, soybean, and a few other commodities. February 02, 2021 / 12:21 PM IST State revenues are likely to take a hit due to the restructuring of taxes announced by Finance Minister Nirmala Sitharaman in the Union Budget 2021. Amid the ongoing farmers agitation, Sitharaman introduced an agri infra and de...

The Indian textiles and clothing industry has broadly welcomed the Union Budget 2021-22 presented by finance minister Nirmala Sitharaman in Parliament on February 1. Setting up of 7 mega textiles parks under MITRA, and reducing duty on nylon raw materials are welcomed by all trade bodies, while there is a mixed reaction to 10 per cent import duty on cotton. The grant to the textiles and clothing sector in Union Budget 2021-22 is ₹3,614.64 crore, which is about 10 per cent higher than th...