Page 9 - Budget 2021

Budget makes a directional change, to encourage entrepreneurial spirit: FM

Nirmala Sitharaman says it raises resources without increasing tax rates, asks industry to invest now

Average HNI earns Rs 50-lakh interest that's tax free: Govt defends PF move

In the Budget, it was announced that Rs 2.5 lakh a year is the deposit limit for EPF on which interest earned won't attract any tax.

Manufacturing plan for power and renewable energy equipment in works

The scheme titled 'Manuf­acturing Zones under Atmani­rbhar Bharat Package' in the Budget would entail setting up three manufacturing zones in a year

Previous govts drafted Union Budget with eye on vote bank: PM Modi

Modi was speaking at the centenary celebrations of the historic Chauri Chaura incident, a landmark event in the country''s fight for Independence

Chinese steel mills may gain from customs duty cut announced in Budget

The cut has failed to rein in prices, as domestic steel mills raised flat steel prices by about Rs 1,500 a tonne after the announcement

Budget 2021: International Monetary Fund welcomes India's focus on growth

Gerry Rice said the Union Budget rightly focuses on health, education, public infrastructure and, if fully implemented, can help increase India's growth potential

Budget 2021: South Central Railway gets Rs 7,222 cr for infra works

The South Central Railway (SCR) has been sanctioned Rs 7,222 crore in 2021-22 budget as against Rs 7,024 crore allocated for previous financial year, towards important infrastructure works

Opportunity to monetise $50-60 bn infra, realty assets: Daga of Edelweiss

The CEO of Edelweiss Asset Management dwells on the Budget proposals and how they will impact various sectors

Handle debt with care

Overall fiscal position can increase risks

Budget's transparency on numbers to enthuse rating agencies: SBI economists

The budget redefines fiscal rules because it adds off-balance sheet items to the headline deficit, a note said adding that consolidation of finances is a pragmatic move

Enhanced budgetary allocation for highways to speed up projects: Official

Enhanced budgetary allocation for the highways sector will help in faster implementation of projects, a top official said

Can FCI's subsidy wipe-out serve as a base for deeper food subsidy reforms?

If clearing of FCI's outstanding dues and loans does not spur further reforms, they will once again reach current levels in the next 4-5 years, say experts

Budget 2021 has heated up the bond market. This is how RBI can cool it down

There is an outside chance of the central bank announcing a rate cut in its monetary policy on Friday, since growth at any cost remains the mantra

Top headlines: Air India sale may get govt Rs 15,000 cr, Sebi ban on Biyani

Bharti Airtel posted a consolidated net profit of Rs 854 crore in the third quarter of December FY21, after six straight quarters of losses. Read the top news in Business Standard today

2-6% inflation target works well, no need to tinker with it: Sanjeev Sanyal

In a Q&A, the finance ministry's Principal Economic Advisor also explains why he thinks the latest Budget is extraordinary

Why higher FDI threshold could deepen, widen market for insurance products

Budget 2021 raised the FDI limit in the insurance sector from 49 to 74 per cent

Sensex ends above 50K for first time, soars 9% in three trading sessions

Investor wealth jumps by over Rs 12 trillion

Indices extend post-Budget bull run; D-Street's ascent to mount 50,000

The index has given annualized return of 11.5 per cent in the last two decades. We compare the index in 1999, with how it looks at present

Growth through ease of compliance

Compliance procedures need rationalisation and integrated digital systems

Tariff uncertainty

Tinkering with rates will put off investment and hurt exports