Page 32 - Budget 2021

Budget should eye growth; fiscal deficit may fall to 6.2% in FY22: Report

The forthcoming Union Budget should focus more on putting the economy back on track, according to a report

Budget 2021: Sanitaryware industry seeks tax rationalisation to push demand

The GST for sanitaryware is at 18 per cent, and a reduction of the rate will help increase demand, he added

Best of BS Opinion: Budget with a long-term view, corporate earnings & more

Here's a selection of Business Standard opinion pieces for the day

Budget with a long-term view

Govt can approach the Budget 2021 with an aim to rebuild the economy to attain the long-term objective of sustained higher growth

After R-Day violence, farmers call off march to Parliament on February 1

Police book Tikait, many other farmer leaders

Cabinet clears policy on PSU privatisation ahead of Union Budget

The contours of the policy and the strategy to privatise PSUs will be announced by Finance Minister Nirmala Sitharaman in the Budget

Tax worries roil indices ahead of Budget; Sensex down 5% from peak

YTD returns turn negative

Five things the market will be watching in FM Sitharaman's third Budget

It has reacted negatively to her previous two budgets. This time too, it has come off over 5 per cent from the highs

Budget Byte: NBFCs may need liquidity support from PSBs for commercial flow

This year, while housing finance has improved, preliminary data shows that NBFC flow to the commercial sector is lagging

Oil and gas companies seek pandemic relief in the upcoming Budget

The Centre had considered tax sops for exploration and production operators in May 2020

Govt plans $41 bn reform in Budget 2021 to revive ailing power discoms

The plan for carrying out reforms for reducing losses of state distribution utilities was sought by the nation's power ministry and is under discussion

Scope for tax concession limited in Budget, higher capex may be focus: EY

Srivastava said the fiscal deficit in the current fiscal is likely to be between 6.5-7 per cent

Farmers scrap Budget day march to Parliament after tractor rally violence

As cracks began to appear in their ongoing agitation against the agri laws, farmer unions on Wednesday cancelled their planned march to Parliament on February 1 when the Budget would be presented. The decision by farmer unions came a day after massive violence during their tractor parade in the national capital that left nearly 400 police personnel injured. The farmer leaders, however, alleged that there was a conspiracy behind Tuesday's incidents and demanded a probe. They said their agitation against the farm laws will continue and public meetings and hunger strikes will be held across the country on January 30. "The tractor parade was hit by a government conspiracy. Deep Sidhu is an RSS man. Police let him go after he hoisted a religious flag at Red Fort," farmer leader Darshan Pal, who has been accused by police of making inflammatory speeches, alleged at a press conference. Sidhu is a former aide of actor and BJP MP Sunny Deol. Deol had distanced himself from Sidhu in Decembe

Meet Team Sitharaman: Officials who are helping FM prepare Budget 2021

In today's episode, we are taking a look at the key officials involved in finalising the outline of the Budget. Listen to the podcast for more

Ahead of budget session, RS chairman calls floor leaders meet on Jan 31

Lok Sabha Speaker Om Birla had said that the first part of the budget session will start on January 29 and continue till February 15, and the second part of the session will be from March 8 to April 8

Banking on Budget: Growth, job opportunities to be top priority for the FM

A liberal budget that cuts taxes and tries to improve ease of doing business will receive a good market response. A harsh Budget with higher taxes, new cesses, etc, will lead to a sell-off

Bonds in India head for losses on PM Modi's near-record borrowing plan

The relentless supply of sovereign debt has been the biggest hurdle for Indian bonds this fiscal year, as pandemic relief efforts took precedence

Will Budget 2021 slow down the digital tsunami?

The govt has been responsive to the needs and asks of industry and keenly focused on Ease of Doing Business. We hope that answers to some of the ambiguities find their way into the upcoming budget

Best of BS Opinion: Violence at tractor rally, economic recovery, and more

Here are the top BS Opinions of the day

A fourth of rooms at risk if Budget doesn't help sector: Hotel bodies

Urge infra status for hotels worth over Rs 25 crore, lower GST and income tax rates