Page 172 - Latest Updates on Nirmala Sitharaman
Budget 2021 can be a turning point in India's socialist orientation
The government focuses on developing infrastructure, dares to gamble on deficit.
 "Budget 2021 can be a turning point in India's socialist orientation")
Indices post biggest Budget-day gain; Sensex ends 2,315 points up at 48,601
All that happened in the markets today
 "Indices post biggest Budget-day gain; Sensex ends 2,315 points up at 48,601")
Govt allocates Rs 4.78 trillion to defence for 2021-22 in Budget 2021
The defence budget, including outlay for payment of pensions, was increased to Rs 4.78 trillion for 2021-22 as against last year's Rs 4.71 trillion
 "Govt allocates Rs 4.78 trillion to defence for 2021-22 in Budget 2021")
Budget 2021 offers tax sops for aircraft leasing in GIFT City
Tax holiday on capital gains, tax exemption for aircraft lease rentals paid to foreign lessors
 "Budget 2021 offers tax sops for aircraft leasing in GIFT City")
'Promise and hope': Read and download all Budget 2021 documents here
Among other measures, Finance Minister Nirmala Sitharaman proposed doubling of healthcare spending and lifted caps on foreigners investing in the vast insurance market to help revive the economy
 "'Promise and hope': Read and download all Budget 2021 documents here")
Was FM's Budget like 'never seen before'? Here's what D-Street mavens say
The FM has delivered a unique Budget, wherein all the right measures have been proposed to speed up growth, said Dhiraj Relli, MD & CEO at HDFC Securities
 "Was FM's Budget like 'never seen before'? Here's what D-Street mavens say")
Reactions of industrialists on FM Sitharaman's budget for fiscal 2022
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in Parliament
 "Reactions of industrialists on FM Sitharaman's budget for fiscal 2022")
Govt to set up asset reconstruction company, AMC to manage NPAs
Finance Minister Nirmala Sitharaman on Monday proposed setting up of an asset reconstruction company and an asset management company (AMC) to clean up non-performing assets in the banking sector.
 "Govt to set up asset reconstruction company, AMC to manage NPAs")
Govt lowers loan limit for debt recovery for NBFCs with Rs 100cr asset size
FM Sitharaman brought down the value of loans that can be introduced for debt recovery under the SARFAESI Act to Rs 20 lakh from Rs 50 lakh for NBFCs having a minimum asset size of Rs 100 crore.
 "Govt lowers loan limit for debt recovery for NBFCs with Rs 100cr asset size")
Budge 2021: Goa CM hails Rs 300 crore allotment to mark Independence
Goa Chief Minister Pramod Sawant thanked PM Modi and Union Finance Minister Nirmala Sitharaman for allocating Rs 300 crore in the Union Budget to mark 60 years of the state's Independence.
 "Budge 2021: Goa CM hails Rs 300 crore allotment to mark Independence")
India slashes basic import duty on crude palm oil to 15% from 27.5%
India cut the basic import duty on crude palm oil (CPO) to 15% from 27.5% earlier, Finance Minister Nirmala Sitharaman said on Monday
 "India slashes basic import duty on crude palm oil to 15% from 27.5%")
Budget 2021 boosts financials; ICICI, IndusInd, IDBI Bank jump over 10%
Finance Minster made various announcements including increase in FDI limit in the insurance sector, recapitalisation and privatisation of select PSU banks
 "Budget 2021 boosts financials; ICICI, IndusInd, IDBI Bank jump over 10%")
Public-private partnership mode for operational services at major ports: FM
FM said major ports will move from managing operational services on their own to a model where a private partner will operate it for them
 "Public-private partnership mode for operational services at major ports: FM")
Budget 2021 alters levies on auto fuels: agri cess in, excise pruned
Sale price of auto fuels to remain unaffected
Budget: India to set up bad bank to manage record levels of soured debt
The firm will hold problem loans for banks, which can then be sold on to investors at a reduced price, according to plans outlined by Finance Minister Nirmala Sitharaman in a budget speech on Monday
 "Budget: India to set up bad bank to manage record levels of soured debt")
Budget share of capital expenditure highest in decade, aims for investments
Public spending push is expected to help push growth after pandemic slowdown in investments
 "Budget share of capital expenditure highest in decade, aims for investments")
Govt extends eligibility for claiming tax holiday, capital gains exemption
The government on Monday proposed extension of the eligibility for claiming tax holiday and capital gains exemption for investment in startups till March 31, 2022
MSP regime underwent changes to assure price at 1.5 times making cost: FM
Stressed that the government is committed to farmers' welfare, Finance Minister Sitharaman said the MSP regime has undergone a "sea change" to assure price at least 1.5 times of production cost
India's first paperless Budget is also 100% visionless, says TMC
The TMC lashed out at the Centre over the Union Budget on Monday, saying it was 100 per cent 'visionless' and its theme was 'sell India.'
 "India's first paperless Budget is also 100% visionless, says TMC")
Budget 2021: FM proposes tax exemption for aircraft leasing companies
The government on Monday proposed tax exemption for aircraft leasing companies
 "Budget 2021: FM proposes tax exemption for aircraft leasing companies")