Page 2 Budget 2021: Latest News and Updates, Top Stories, Videos, Photos About Budget 2021

Industry Reactions on Budget 2021

Today, the Finance Minister - Nirmala Sitharaman presented the budget for the fiscal year 2021 - 2022 in the parliament. The stock markets have liked this budget as they zoomed with Sensex ending at 48,600 up by 2,315 points and Nifty ...

Budget 2021 Pushes for Women’s Workforce Participation

The Union Budget for 2021 will help women's participation in the workforce as allowances to work all shifts will encourage companies across most of the sectors to employ more women. Nirmala Sitharaman announced that the women will be allowed to work ...

Budget 2021 Aims To Attract Foreign Investment Into Infra

In the last budget, for attracting foreign investment in the infrastructure sector, the government had granted 100% tax exemption, subject to certain conditions, to foreign Sovereign Wealth Funds and Pension Funds, on their income from investment in Indian infrastructure. "We have ...

Budget 2021 Reduces Residency Limit for NRI's

In a big move to help the Non-Resident Indian's (NRI) the Union Budget for 2021 has reduced the residency limit from the present 182 days to 120 days. The Budget has thus made space for easing norms for setting up of ...

FM Extends Tax Holiday, Capital Gains Exemption For Startups

While presenting the Union Budget 2021, providing relief to startups, the Finance Minister extended the tax holiday by one more year to March 2022. Nonetheless, experts opine that since most of the startups are incurring losses, the move will have ...

FM Announces Modifications to Small Companies Definition

During her speech in the Parliament, the Union Finance Minister - Nirmala Sitharaman has proposed changes in the definition of small companies under the Companies Act. Going forward, the companies with a paid-up capital of up to Rs 2 crore and ...

Budget 2021: 10 Major Updates By FM At One Place

The Union Budget 2021-22 was introduced in the Lok Sabha on 1 February by Finance Minister Nirmala Sitharaman. Although this budget is remarkable for a myriad of purposes, along with the first paperless budget. Considering the same, take a look at FM's all-important updates on her budget speech today....

Union Budget 2021: Infrastructure Gets A Big Boost

The Infrastructure sector has received a big boost from the government in the Budget of 2021-22. The National Infrastructure Pipeline (NIP) which was announced in December 2019 was launched with 6835 projects; the project pipeline has now expanded to 7,400 projects. ...

Union Budget 2021: Agricultural, Infrastructure and Development Cess Imposed on Petrol and Diesel

During the Union Budget 2021, the finance minister (FM) - Nirmala Sitharaman has proposed an agricultural, infrastructure and development cess on the fuel of Rs 2.5 on petrol and Rs 4 on diesel. Despite imposition of cess, the prices of petrol ...

Budget 2021: Real Estate Sector Gets A Boost

The Real Estate sector has got a boost from the Union Budget 2021 recommendations. "Hon'ble PM Narendra Modi has always laid special emphasis on the ambitious Housing For All and Pradhan Mantri Awas Yojana (PMAY) projects. Now, even in Budget 2021, ...

Fiscal Deficit For FY22 At 6.8% Of GDP

Finance Minister Nirmala Sitharaman has targetted the fiscal deficit at 6.8 per cent of the gross domestic product (GDP) in the next financial year beginning April 1, 2021. Interestingly, the fiscal deficit in 2020-21 is estimated to reach as much as ...

Government Hikes Import Duty on Phones and Chargers Sub-Parts

The Finance Minister (FM) has hiked the basic customs duty on the import of sub-parts of the mobile phones and battery chargers from zero to 2.5% for the fiscal year 2021 - 2022. The FM did not mention the price impact ...

Budget 2021 News