DNA Exclusive: Analysis of Union Budget 2021-22 in just ten points
In DNA on Monday, Zee News Editor-in-Chief Sudhir Chaudhary gives an analysis of Union Budget 2021-22 in just ten points. Union Finance Minister Nirmala Sitharaman proposed a sharp increase in expenditure on infrastructure, doubling of healthcare spending and raising the cap on foreign investment in insurance. The Budget for the next fiscal is a bid to pull the economy out of the pandemic-induced trough.
Feb 02, 2021, 00:15 AM IST
Exclusive: Growth given priority in Union Budget 2021-22, shouldn't worry about financial losses now, says Finance Minister Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman stated that the Union Budget 2021-22 removed the problems faced due to coronavirus. In the biggest interview after the budget, the finance minister said, "Growth is given priority in the budget. We shouldn't worry about financial losses right now."
Feb 01, 2021, 20:45 PM IST
Focus now on Infra, Heath, and Agri infra, says Finance Minister Nirmala Sitharaman on Union Budget 2021-22
Finance Minister proposed a sharp increase in expenditure on infrastructure, doubling of healthcare spending and raising of the cap on foreign investment in insurance. It also imposed an Agriculture Infrastructure and Development Cess (AIDC) on certain items to finance agricultural infrastructure and other development expenditure.
Feb 01, 2021, 19:44 PM IST
Union Budget 2021: 5 major announcements by FM that will impact your taxation
Union Finance Minister Nirmala Sitharaman on Monday (February 1) presented Union Budget 2021-22 in Lok Sabha but she did not propose a change to tax slabs in Income Tax Returns. However, Sitharaman made a major announcement for senior citizens above the age of 75 saying that those senior citizens who are earning money only from their pension only need not file an Income Tax return.
Feb 01, 2021, 19:36 PM IST
Interest on employee contributions to PF above THIS amount now taxable; check details
Union Finance Minister Nirmala Sitharaman proposed a sharp increase in expenditure on infrastructure, in a bid to pull the economy out of the trough. She also announced the doubling of healthcare spending and raising of the cap on foreign investment in insurance in her Budget for the next fiscal.
Feb 01, 2021, 19:25 PM IST
Union Budget 2021: FM made a special announcement for home loan; here's what she said
Union Minister for Finance and Corporate Affairs presented the Union Budget for the year 2021-22 on Monday (February 1) in the lower house of the parliament. The Finance Minister proposed to extend the eligibility period for a claim of the additional deduction for the interest of Rs. 1.5 lakh paid for a loan taken for the purchase of an affordable house to 31st March 2022.
Feb 01, 2021, 19:23 PM IST
Union Budget 2021: Scrappage policy to boost auto sector to be announced in 15 days, says Nitin Gadkari
The Union Finance Minister Nirmala Sitharaman announced voluntary vehicle scrapping policy with the aim to phase out old and polluting vehicles. The Road Transport, Highways and MSMEs Minister Nitin Gadkari welcomed the policy saying it will lead to new investment and create jobs.
Feb 01, 2021, 19:12 PM IST
Union Budget 2021: Gold tanks Rs 1,324; silver jumps Rs 3,461
Gold in the national capital on Monday (February 1) tumbled Rs 1,324 to Rs 47,520 per 10 gram on a day when the government announced cut in import duty on gold and silver, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 48,844 per 10 gram.
Feb 01, 2021, 19:09 PM IST
Union Budget 2021-22: Tier-2 cities, peripheral areas of Tier-1 cities to get 'MetroLite' and 'MetroNeo'
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman presented the Union Budget for the year 2021-22 in the lower house of the parliament on Monday (February 1). The public transport system in urban areas got a major boost in the Budget.
Feb 01, 2021, 18:48 PM IST
Budget 2021 proposes Custom duty structure overhaul; over 400 old exemptions to be reviewed; check details
Union Finance Minister Nirmala Sitharaman proposed several indirect tax proposals to rationalise custom duty structure, ease compliance and give impetus to domestic manufacturing, tabling the Union Budget 2021-22 in Parliament.
Feb 01, 2021, 18:24 PM IST
Union Budget 2021: Sensex skyrockets 2,315 points as pro-growth Budget unleashes animal spirits
Tabling the Budget for 2021-22 in Parliament, the finance minister proposed more than doubling healthcare spending, enhancing capital expenditure to Rs 5.54 lakh crore and and introduced an agri infra cess of up to 100 percent on some goods to create post-harvest infrastructure for improving farmers' income.
Feb 01, 2021, 18:03 PM IST
Union Budget 2021-22: Rs. 35,000 crore allocated for Covid-19 vaccine
Development of COVID-19 vaccines found a pride of place in the Union Budget. Rs. 35,000 crore have been allocated for COVID-19 vaccine in BE 2021-22. “I am committed to provide further funds if required”, the Finance Minister further said.
Feb 01, 2021, 18:01 PM IST
Union Budget 2021-22: FM Sitharaman makes key announcements on LIC IPO, disinvestment
Unveiling the Disinvestment/Strategic Disinvestment Policy, Sitharaman said four sectors -- Atomic energy, Space and Defence; Transport and Telecommunications; Power, Petroleum, Coal and other minerals; and Banking, Insurance and financial services -- would be strategic sectors.
Feb 01, 2021, 17:53 PM IST
Union Budget 2021-22: FM proposes increase of 137 per cent in Budget for Health and well-being
The World Health Organisation has repeatedly stressed the importance of clean water, sanitation, and clean environment, as a prerequisite to achieving universal health, the Budget has made a significant allocation to these sectors.
Feb 01, 2021, 17:33 PM IST
Union Budget 2021-22: FM Sitharaman announces Rs 3,05,984 crore for power reforms
Sitharaman also pointed towards the monopolies of distribution companies across the country and proposed to put in place a competitive framework to give consumers alternatives to choose from among more than one distribution companies.
Feb 01, 2021, 17:23 PM IST
Union Budget 2021: FM Nirmala Sitharaman sets the tone for AtmaNirbhar Bharat, post-COVID recovery
Laying a vision for AatmaNirbhar Bharat in the Union Budget 2021, she said this is an expression of 130 crore Indians who have full confidence in their capabilities and skills. Additionally, also on the path to fast-implementation are the 13 promises of Budget 2015-16-which were to materialize during the AmrutMahotsav of 2022, on the 75th year of our Independence. They too resonate with this vision of AatmaNirbharta.
Feb 01, 2021, 17:20 PM IST
Union Budget 2021-22: Revision in 'small companies' definition, know more
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman presented the Union Budget FY 2021-22 in the lower house of the parliament on Monday (February 1). Finance Minister proposed reforms for small companies and MSMEs to strengthen Startup ecosystem while presenting Union Budget 2021-22 in Parliament.
Feb 01, 2021, 17:12 PM IST
Union Budget 2021-22: New roads and highway projects announced by FM Sitharaman
Sitharaman further said the government would award 8,500 kms of road projects and an additional 11,000 kms of national highway corridors by March 2022 and also announced an Rs 18,000-crore scheme to augment public transport in urban areas.
Feb 01, 2021, 17:11 PM IST
Union Budget 2021-22: FM Sitharaman proposes 9 measures for Agriculture, allied sectors
To provide adequate credit to our farmers, the Finance Minister enhanced the agricultural credit target to Rs 16.5 lakh crore in FY22. Smt. Sitharaman further said that the Government will focus on ensuring increased credit flows to animal husbandry, dairy, and fisheries.
Feb 01, 2021, 17:03 PM IST
Union Budget 2021-22 has vision of 'self-reliance'; villages and farmers at its heart: PM Narendra Modi
Prime Minister Narendra Modi said that the budget will bring several positive changes for individuals, investors, industry and infrastructure sector. He said in his televised remarks on the Union Budget 2021-22 presented by Union Finance Minister Nirmala Sitharaman in Parliament.
Feb 01, 2021, 17:00 PM IST
