Page 17 - Budget 2021

Budget a fine balance between prudent spending, incentives to woo capital

The FM's speech boosted sentiments through announcement of anticipated reforms like infra funding through a new DFI, 'bad bank'-type structure for resolution of stressed assets

Budget 2021: Road map for sustainable growth, says JM Financial's Kampani

The Budget kept away from mood dampeners such as an increase in taxes (capital gain taxes) and even the much-feared introduction of Covid cess and wealth taxes, writes Kampani

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

Union Budget 2021 can reignite animal spirits of entrepreneurs

The finance minister brought to the fore - bold, ambitious and unconventional thinking, writes Birla

Atmanirbhar Kisan: FM Sitharaman allows mandis to access Agri Infra Fund

Cess might not pinch the pocket much as it could be offset by cut in customs duty

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

Union Budget with eye on the target, says Marico MD & CEO Saugata Gupta

The Budget for 2021-22 has taken a multi-pronged approach to incentivise consumption and investment opportunities

Priority & challenge of Budget 2021: Job-creation, boosting consumption

Looking at the announcements, the perception is one of a choice made towards efficiency and pragmatism rather than aiming for the spectacular

Nationalist, pro-growth Budget: Shree Cement joint MD Prashant Bangur

This Budget is very prudent on the revenue side, with no major change in the direct tax and goods and services tax structures, Bangur says

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

Road Min gets 'highest ever' allocation of Rs 1.18 trn in Budget 2021-22

FM announces over Rs 2 trillion worth highways in 4 states

Sebi to be notified as gold exchange regulator: FM Sitharaman

The government on Monday said capital market watchdog Securities and Exchange Board of India (Sebi) will be the designated regulator for gold exchanges

Budget 2021: FDI cap hike in insurance may set cash registers ringing

The large insurance companies are well capitalised and backed by very strong Indian partners, mostly banks and large non-banking players

Budget: Rs 73,000 cr to MGNREGA, 34% less than revised estimate of FY21

The allocation is substantially lower than the actual expenditure of Rs 1.11 trillion in the current fiscal

Cash flow relief: FPIs granted breather on dividend taxation in Budget

Last year's Union Budget had created uncertainty regarding the amount of tax that had to be withheld on dividend paid to non-residents

Budget showcases govt's strong strategic push for growth-oriented roadmap

The sharp and targeted focus on infrastructure, capex, health, education, financial sector reforms and fiscal credibility have been the key takeaways from this Budget

Bulls take charge at Dalal Street: Sensex up over 2,300 pts on Budget day

The benchmark Sensex jumped 5 per cent, while the Bank Nifty zoomed 8.3 per cent

Mission Poshan 2.0 launched in Budget to improve nutritional outcomes

The supplementary nutrition programme and the Poshan Abhiyaan has been merged to launch Mission Poshan 2.0 to strengthen nutritional content, delivery, outreach, and outcome