Page 173 - Budget 2026 News
Investment focus on infra, manufacturing to boost job creation: HR experts
The schemes and outlays proposed by the govt in the Budget for core sectors like manufacturing and infra will benefit these segments especially with improved job creation opportunities: HR experts
 "Investment focus on infra, manufacturing to boost job creation: HR experts")
Sports budget takes cut of Rs 230.78 cr, Khelo India sees biggest reduction
The impact of the Covid-19 was felt on the national sports budget as the central government on Monday allocated Rs 2596.14 crore for the financial year 2021-22 -- a reduction of Rs 230.78 crore
 "Sports budget takes cut of Rs 230.78 cr, Khelo India sees biggest reduction")
Security forces guarding Pak, China receive enhanced funds in Budget
The central security forces guarding the India-Pakistan, Sino-Indian and other frontiers have received an increased amount of funds amid tension with India's western and northern neighbours.
 "Security forces guarding Pak, China receive enhanced funds in Budget")
Env min's budget allocation shrinks, Rs 2,217 cr for tackling air pollution
The Centre on Monday earmarked a sum of Rs 2,217 crore for tackling air pollution in 42 urban centres, even as it shrunk the budgetary allocation for the environment ministry from the last fiscal
 "Env min's budget allocation shrinks, Rs 2,217 cr for tackling air pollution")
GIFT to Gujarat: Can the state become the next Ireland of aircraft leasing?
Companies already enjoy a 10-year tax holiday on income and profit in GIFT. Sitharaman's proposal to not tax capital gains incomes could further sweeten the deal for those wanting to exit Ireland
 "GIFT to Gujarat: Can the state become the next Ireland of aircraft leasing?")
Science-related ministries earmarked over Rs 15,000 cr in Budget 2021-22
The Ministry of Science and Technology has been allocated Rs 14,793.66 crore in the budget 2021-22, a 20 per cent increase from the current fiscal.
 "Science-related ministries earmarked over Rs 15,000 cr in Budget 2021-22")
Union Budget 'let down like never before', will unravel soon: Congress
The Congress claimed that it will unravel soon, and described the imposition of cess on petrol and diesel in the budget as "vengeful act" against the thousands of farmers
 "Union Budget 'let down like never before', will unravel soon: Congress")
Government slashes fiscal 2021-22 sports budget by Rs 230 crore
In the Union budget presented in Parliament on Monday, the Central government allocated Rs.2,596.14 crore to sports
CPI criticises Union Budget, says it is pro-corporate, nothing for poor
The Communist Party of India (CPI) on Monday criticised the union budget, claiming it was pro-corporate and big businesses and has nothing for the poor.
 "CPI criticises Union Budget, says it is pro-corporate, nothing for poor")
For direct taxes, Budget 2021 has largely maintained status quo
To further support the start-up ecosystem, the tax holiday has been extended by one year by including start-ups incorporated till March 31, 2022 to be eligible for the tax holiday
 "For direct taxes, Budget 2021 has largely maintained status quo")
Social Justice and Empowerment Ministry allocated Rs 11,689 crore
The Social Justice and Empowerment Ministry, which caters to the welfare of the backward classes and those with disabilities, was allocated Rs 11,689.39 crore
 "Social Justice and Empowerment Ministry allocated Rs 11,689 crore")
Budget does not address inequities, bold for its fiscal stance: Economists
Economists called the budget 'bold'
 "Budget does not address inequities, bold for its fiscal stance: Economists")
Budget: Housing and Urban Affairs Ministry allocated Rs 54,581 crore
The Union Housing and Urban Affairs Ministry was allocated Rs 54,581 crore for the next fiscal
 "Budget: Housing and Urban Affairs Ministry allocated Rs 54,581 crore")
Budget: Dept of Space allocated Rs 13,949 cr after a steep cut last year
Out of the allocated funds Rs 8,228 crore have been earmarked for capital expenditure
 "Budget: Dept of Space allocated Rs 13,949 cr after a steep cut last year")
No ITR for those of 75 years and above if pension, FD interest in same bank
Senior citizens of 75 years and above having pension income and interest from fixed deposit in the same bank would not be required to file income tax returns for the financial year beginning April 1
 "No ITR for those of 75 years and above if pension, FD interest in same bank")
Budget silent on 'agri unrest', ignores 'entire north India': Punjab FM
Punjab Finance Minister Manpreet Singh Badal on Monday criticised the Union Budget
 "Budget silent on 'agri unrest', ignores 'entire north India': Punjab FM")
Budget 2021: Vehicle scrappage policy to help commercial vehicle makers
Auto industry says move will largely impact sale of commercial vehicles like buses and trucks but is unlikely to give a fillip to sale of personal vehicles
 "Budget 2021: Vehicle scrappage policy to help commercial vehicle makers")
Agri Ministry gets 5.63% more budget for FY22; half of it for PM-Kisan
The Agriculture and Farmers' Welfare Ministry has got 5.63 per cent more budget allocation at Rs 1.31 trillion
 "Agri Ministry gets 5.63% more budget for FY22; half of it for PM-Kisan")
Rs 1,117 cr relief to TN farmers affected by crop loss in January
The Tamil Nadu government will provide Rs 1,116.97 crore as input relief to about 11,43,000 farmers across the state
 "Rs 1,117 cr relief to TN farmers affected by crop loss in January")
Capital outlay should support a higher pace of GDP expansion in FY22
The fiscal deficit of the government of India has increased sharply to 9.5 per cent of GDP in the Revised Estimates for FY21, relative to the budgeted target of 3.5 per cent
 "Capital outlay should support a higher pace of GDP expansion in FY22")