Though high priced than before, petrol and diesel consumption came back to pre-Covid levels in recent months
CII has also called for tax incentives for new health care projects and import duty relief for lifesaving equipment.
The prices of short-term power traded on the power-exchanges remained steady over a moderate range (12%) during the year
A lot of Budgetary funds get saved on subsidies in March, as off-Budget small savings replace them. It remains to be seen how it goes this year
Here is an overview of Business Standard's extensive coverage in the run-up and on the day of Union Budget 2020-21, to be presented by Finance Minister Nirmala Sitharaman on February 1
CII seeks higher allocation for food processing schemes
Companies plan to hire more, expect staff to return to offices in new year
Industry body CII has suggested a graded road map towards competitive import tariffs over three years
A key question is how the BIC is to be funded. To start with, it may have to be a wholly-owned government entity
Indian economy is now expected to see a faster turnaround given the impending rollout of vaccine and less disruptions to business as the economy opens up but a lot will depend on the Budget for 2021
The state Budget for 2021-22 will be presented in the Assembly on January 15, the Kerala government announced after a Cabinet meeting on Friday. The Budget Session will begin on January 8
AJAY BHUSHAN PANDEY says litigants in more than 96,000 appeals - involving disputed amounts of Rs 83,000 crore - have opted for the Vivad Se Vishwas scheme, which has been extended by a month
Here is an interesting graphic explaining the growth and spending story
The government has taken laudable steps to support and propel the economy in these difficult times, but a lot more still needs to be done, writes Vikas Vasal
Gross value added by agriculture did not dip in 2020-21; rather, it was the only sector that showed growth
Analysts say it could be 10% more than allocation for FY21
What began with food security, off-Budget financing now caters heavily to a range of core spending areas
The numbers in aggregate mean the Government of India will not let the fiscal deficit run away in FY22
Say India needs to bring down import duties over time
The report of 15th Finance Commission, which will be released along with the Budget, will pave way for tax revenue sharing in coming years