Page 29 - Development Cess News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Union Budget 2021: FM Sitharaman proposes agri cess on petrol, diesel ANI | Updated: Feb 01, 2021 14:44 IST New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman has announced the imposition of Agriculture Infrastructure and Development Cess (AIDC) of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel. However, there would be no additional burden on the consumer overall as Sitharaman during Budget presentation also proposed to reduce Basic Customs Duty on these items. "I propose an Agriculture Infrastructure and Development ...

1-MIN READ Budget 2021: Petrol, Diesel, Alcohol Prices to Remain Unchanged Despite Imposition of Agri Infra Cess A worker holds a nozzle to pump petrol into a vehicle at a fuel station. (File photo/Reuters) Finance Minister Nirmala Sitharaman said in her speech that agricultural cess on a few items won't affect consumers. FOLLOW US ON: Finance Minister Nirmala Sitharaman's Union Budget 2021 proposed an Agricultural Infrastructure and Development CESS of Rs 2.5 per litre on petrol and Rs 4 on diesel. However, prices for petrol and diesel won't change because or reduction in other duties. Agri...

Budget to ‘sell the country’, says Mamata Updated: Updated: Why are all projects announced before elections, asks West Bengal CM Share Article Why are all projects announced before elections, asks West Bengal CM Describing the Agriculture Infrastructure and Development Cess introduced by the Centre in the Union Budget as a “Jizya tax”, West Bengal Chief Minister Mamata Banerjee on Monday said the BJP government wants to sell the country through the disinvestment proposals. “Railways sold, ports sold, insurance sold, PSUs 23 more to be sold. They are selling the country.. Why don’t...

Finance Minister Nirmala Sitharaman announced a cess on certain items, including petrol, diesel, gold and some imported agricultural products in a attempt to boost agriculture infrastructure. While proposing the Agriculture Infrastructure and Development Cess (AIDC), Sitharaman also said that care has been taken not to put additional burden on consumers on most items. There is an immediate need to improve agricultural infrastructure so that we produce more, while also conserving and processing agricultural output efficiently, the minister said in her Budget Speech in Lok Sabha. "This will ens...

Health and Wellbeing There is substantial increase in investment in Health Infrastructure and the Budget outlay for Health and Wellbeing is Rs 2,23,846 crore in BE 2021-22 as against this year’s BE of Rs 94,452 crore, an increase of 137 percentage. The Finance Minister announced that a new centrally sponsored scheme, PM AatmaNirbhar Swasth Bharat Yojana, will be launched with an outlay of about Rs 64, 180 crore over 6 years. This will develop capacities of primary, secondary, and tertiary care Health Systems, strengthen existing national institutions, and create new institutions, to cater t...