Page 18 - Development Cess News Today

and moderation in revenue during this fiscal year. The finance minister provided a major boost to healthcare and infrastructure in Union Budget 2021. However, there was no change in Income Tax slabs this year. In her speech, the finance minister mentioned that this years budget proposals rest on six pillars — health and well-being, physical, financial capital and infrastructure, inclusive development for aspirational India, reinvigorating human capital, innovation and R and D and Minimum Gov...

Thrifty Budget: Massive spending spree proposed to unleash growth ​ By IANS | Published on ​ Mon, Feb 1 2021 22:42 IST | ​ 0 Views Digital Budget: Made in India tablet replaces bahi-khata. Image Source: IANS News New Delhi, Feb 1 : The Centre will go in for a massive spending spree on infrastructure creation, healthcare, education and demand generation to revive Indias pandemic-battered economy. In her third budget presentation in the Parliament on Monday, Finance Minister Nirmala Si...

Budget 2021: Spending boost to lift pandemic-hit economy, new cess to finance agri infra SECTIONS Last Updated: Feb 01, 2021, 10:59 PM IST Share Synopsis The Budget for the fiscal year beginning April made no changes in personal or corporate tax rates but raised customs duties on certain auto parts, mobile phone components and solar panels in order to provide impetus to domestic manufacturing. Budget 2021 shows good intent, execution key: Decoding the fine print Related New Delhi: Finance Minis...

Budget 2021: Bullion sector hopes glitter as Nirmala Sitharaman cuts duty on precious metals, raw materials Sitharaman has proposed a five percentage point cut in import duty on gold and silver. But the precious metals will attract a 2.5 percent Agriculture Infrastructure and Development Cess (AIDC) taking the total value of duty to a little over 10 percent. gold silver metals Union Finance Minister Nirmala Sitharaman has come up with proposals to cut duty on gold and silver imports, and also d...

February 02, 2021 Companies welcome AIF to APMCs as an opportunity to strengthen themselves The Budget laid down clear direction of Government’s strategic priority to focus on building post-harvest infrastructure in the agriculture value-chain. National Bulk Handling Corporation Ltd (NBHC) sees the budget initiatives to help build long term competitiveness for the industry and short term boost to employment and consumption impacted by Covid-19. Ramesh Doraiswami, Managing Director and Chief E...

URL copied Budget 2021: Who got what Indias ambitious Budget 2021 had something for everyone. But, infrastructure and healthcare turned out to be the biggest winners. The allocation for the defence sector too wasnt any lesser. In a host of announcements, Union Finance Minister Nirmala Sitharaman sought to pull out the countrys economy from a creaking financial system, generate more employment opportunities, and ramp up healthcare by prioritizing vaccination for all. There were quite a...

Huge spending on health, infra two key features of Budget 2021: FM Sitharaman Budget 2021: On Agriculture Infra Cess, the FM clarified that it wont result in a price increase for people and added that higher cess has been adjusted with lower customs duty BusinessToday.In | February 1, 2021 | Updated 17:06 IST The Finance Minister on Monday delivered her third Budget speech in which the most buzzed announcement were -- Rs 35,000 crore outlay for COVID-19 vaccine; ITR filing not mandatory for se...

Updated: Share Article AAA The Tamil Nadu Vanigar Sangankalin Peramaippu has expressed disappointment over the Union Budget as “it did not have any of the expected announcements.” While it is heartening to note the provision of ₹35,000 crore for COVID-19 vaccination and the record collection of GST over the past few months, the absence of any relief to pandemic-hit traders in the form of tax relief, concessions, and soft loans is a huge let-down, said Ve. Govindarajalu, general secretary ...

Budget 2021: Finance Minister Nirmala Sitharaman presented the budget today in Lok Sabha EPF contributions of more than 2.5 lakh rupees will not see tax free interest - all such interest will be taxed. A new Agriculture Infrastructure and Development Cess will be imposed from Tuesday on customs duty levied on bullion, alcoholic beverages, coal and agri products ranging from apple to lentil. A cess of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel was also slapped but this was offset by...

A Budget in sync with times Updated Feb 01, 2021 | 22:13 IST Budgetary provisions for 2021-22 need to be seen in the context of the growth targets fixed for the next two years A Budget in sync with times&nbsp | &nbspPhoto Credit:&nbspPTI The Union Budget 2021-22, presented to the Parliament by Finance Minister Nirmala Sitharaman on February 1, is oriented to meet the challenges posed by the coronavirus pandemic, both on economic and social fronts.  The budget shows a tot...