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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 year's 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 Government and Maximum Governance. Here are the key highlights of Nirmala Sitharaman's Budget speech 2...

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 India's pandemic-battered economy. In her third budget presentation in the Parliament on Monday, Finance Minister Nirmala Sitharaman proposed to unleash massive fiscal expansion in 2021-22 on the back of high borrowings...

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 Minister Nirmala Sitharaman on Monday proposed a sharp increase in expenditure on infrastructure, doubl...

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 dore bars, besides others which will give a boost to the domestic bullion sector. The bullion indust...

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 Executive Officer, NBHC, said, “We are encouraged to see the strategic priority of the Government o...