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Nirmala Sitharaman doubles healthcare spending, imposes new agri cess in Union Budget for FY22 PTI New Delhi: Finance Minister Nirmala Sitharaman proposed Monday more than doubling of healthcare spending while imposing a new agri cess on certain imported goods and raising customs duty on items ranging from cotton to electronics in a bid to pull the economy out of the trough. In her Union Budget for the fiscal year beginning April 1, 2021, Nirmala Sitharaman restricted tax-free interest on retirement fund to Rs 2.5 lakh annually but gave tax exemption on Leave Travel Concession (...

Budget 2021: Agri cess of Rs 2.5 per litre on petrol, Rs 4 on diesel Union Budget 2021: Sitharaman says there's an immediate need to improve agricultural infrastructure to produce more, while conserving and processing agricultural output efficiently. This will raise income for farmers, she adds Manoj Sharma | February 1, 2021 | Updated 17:47 IST Overall there would be no additional burden of this cess on the consumer, says FM Union Finance Minister Nirmala Sitharaman announced agriculture infrastructure and development cess (AIDC) of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel to...

1. Health and Wellbeing 3. Inclusive Development for Aspirational India 4. Reinvigorating Human Capital  6. Minimum Government and Maximum Governance   1. Health and Wellbeing There is substantial increase in investment in Health Infrastructure and the Budget outlay for Health and Wellbeing is Rs2,23,846 crore in BE 2021-22 as against this year’s BE of Rs94,452 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 wi...

Photo Credit: IANS IANSLive New Delhi, Feb 1 (IANS) To fund the Centre's massive FY22 spending target, the Centre has imposed an Agriculture Infrastructure and Development Cess on excise and customs duties. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 01-February-2021

Budget 2021: Government imposes agriculture cess on petrol and diesel Updated Feb 01, 2021 | 18:18 IST While proposing the Agriculture Infrastructure and Development Cess (AIDC), Finance Minister Nirmala Sitharaman also said that care has been taken not to put additional burden on consumers. Budget 2021: Government imposes agriculture cess on petrol and diesel  |  Photo Credit: Representative Image In a bid to boost agriculture infrastructure, the government on Monday announced a cess on certain items, including petrol, diesel, gold and some imported agricul...