Page 1531 - Economy & Policy News

Budget positions India towards its target of $5 trillion economy: USISPF

Budget 2021-22 has taken into consideration the needs of all sectors of the economy, reflecting a robust growth plan for India

Budget 2021: Agri infra cess of Rs 2.5 on petrol and Rs 4 on diesel

According to the Budget documents, Agriculture Infrastructure and Development Cess of Rs 2.5 per litre has been imposed on petrol and Rs 4 per litre on diesel

Budget 2021: Easier compliance, tax administration to boost revenue

The Budget proposed abolishing the under-performing, authority of advance ruling, to replace it with a two-member board of advance ruling

15th FC report: Annual GST losses hit Rs 4 trillion on lower rates

Finance Commission finds inconsistencies in GST, bats for change, simplification and a three-rate structure

FC report: Andhra Pradesh, Assam to West Bengal, who gets how much

The new distribution under horizontal devolution remains broadly unchanged compared to the interim report

Budget: Central schemes outlay sees rise despite talks of rationalisation

The new centrally sponsored schemes include Mission Shakti, Saksham Anganwadi, Poshan 2.0, and Rashtriya Pashudhan Vikash Yojana

Finance Commission report: States' borrowing window, health spending & more

States will receive Rs 10.33 trillion in grants

Finance Commission keeps tax devolution for states at 41% in FY22

With grants, the transfer is roughly 50-50 of divisible tax pool between Centre, states; N K Singh says Commission worked without any bias

'Get well soon' outlay: Health care gets best-ever shot in Budget 2021

Allocation jumps 118% over RE to Rs 2.23 trillion; Rs 35,000 cr earmarked for Covid vaccination

Revenue expenditure to decline 8.6% in FY22, show Budget documents

Small savings, which will chip in a record Rs 4.8 trillion, breathe life into stimulus

Budget: Govt pegs FY21 fiscal deficit at 9.5%; sets target at 6.8% for FY22

In FY21, the gap between revenue and expenditure reached Rs 18.48 trillion in the revised estimate. For FY22, the gap is expected to be Rs 15 trillion

Spend, earn, tax: Finances of Union Budget 2021 explained in nine charts

Taxes on individual incomes will now bring more revenue to the government than taxes on corporate profits

Budget 2021: Govt extends benefits on affordable housing till March 2022

The upper limit is capped at Rs 45 lakh for claiming this deduction.

From real estate to metals, here's how the Budget affects key sectors

How the Budget affects key sectors of the economy

Budget 2021: Govt lays out Rs 5.54 trn for capital creation in infra sector

Close to 8,500 km of road, highway projects being planned to be awarded by March 2022

Budget: ARC to fast-track PSB clean-up, initial capital pegged at Rs 10K cr

In their post-budget media interaction, finance ministry officials said banks will put in capital in the AMC, and the govt will give support, if required

Infra thrust: Capital-intensive sectors get boost in Union Budget 2021

Consumer demand likely to take a hit owing to reduction in overall public expenditure

Budget 2021: Indian Railways gets Rs 1.1 trn budgetary support for FY22

FM says Railways has a National Rail Plan for India 2030, to create a future-ready rail system by 2030. Bringing down logistic cost for industry is at the core to enable Make in India

Budget 2021: Power discoms get second chance, Rs 3.05 trillion for reforms

Scheme will provide assistance to discoms for infrastructure creation, inclusion of prepaid smart metering, feeder separation, upgradation of systems

Budget 2021: Massive spending commitment for infra; new DFI on the cards

Institution to have Rs 20,000-cr initial capital; Rs 5-trn lending portfolio target in 3 yrs