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The first budget of the new decade was presented in an unparalleled challenging period, when the world is recovering from the health, economic and social impact of the Covid-19 pandemic. To this effect, this budget has ensured the right balance of ensuring the sustainable growth, social equity and long-term competitiveness of the economy.
The proposed step to create more stability in the tax regime is a welcome move. This, combined with simplification and a further improvement in the dispute resolution process will augur well for tax compliance and increase in resource mobilisation.
Further, the steps taken to increase resource mobilisation through disinvestments, the creation of an infrastructure bank and steps to improve the capitalisation of banks through the restructuring of loans will provide much-needed liquidity for investment in the infrastructure and social sectors. The funding impetus for railways, roadways and ports will go a long way in improving the competitivene
1665 Finance Minister Nirmala Sitharaman and JDS supremo HD Deve Gowda during a meeting with various political parties leaders in Rajya Sabha on the occasion of commencement of Budget Session, in New Delhi, on Sunday, January 31, 2021. PTI
New Delhi, January 31
Finance Minister Nirmala Sitharaman on Monday will deliver her promised budget like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Updated Jan 31, 2021 | 21:13 IST
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development Sitharaman s Economic Vaccine coming on Monday; Will Budget 2021-22 go beyond bahi-khata ? | Photo Credit: BCCL
New Delhi: Finance Minister Nirmala Sitharaman on Monday will deliver her promised budget like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours.
NEW DELHI: Finance minister Nirmala Sitharaman today will deliver her promised budget like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours.
As India emerges from the Covid-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Will Budget 2021 go beyond bahi-khata ? All eyes on Sitharaman s Economic Vaccine coming on Monday
India
Updated: Sunday, January 31, 2021, 23:42 [IST]
New Delhi, Jan 31: Finance Minister Nirmala Sitharaman on Monday will deliver her promised budget like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.