Tag: Union Budget

Blue Star hopeful of improving business from Q2

Air conditioning and commercial refrigeration major is hopeful of business to improve from the second quarter of 2021-22 after being hit hard by the second...

Finance Ministry: Budget heading for vaccination expenditure does not inhibit Centre from using funds: Finance ministry

The finance ministry on Monday said provisioning Rs 35,000 crore-expenditure for vaccines in the Union Budget for FY22 under the title ‘Transfers to States’ does...

Second part of Parliament’s Budget Session to commence from Monday | India News

NEW DELHI: The second part of the Budget Session of Parliament will commence from Monday with all Covid-19 precautionary measures in place. The Budget Session...

FPIs net buyers for 2nd consecutive month in Feb; invest Rs 23,663 cr

EW DELHI: Remaining net buyers for second consecutive month in this calendar year, overseas investors pumped in Rs 23,663 crore in Indian markets in February...

GDP in positive trajectory a promising sign: India Inc

India Inc on Friday said the recouping of the country’s economy to a positive trajectory in the third quarter is a promising sign as it...

budget 2021: Opposition slams government in Lok Sabha for ignoring ‘aam admi’ in budget

NEW DELHI: The Opposition slammed the government in the Lok Sabha on Wednesday for ignoring the “aam admi” and showing insensitivity towards agitating farmers in...

ITC shares: ITC firing on all cylinders. Will Q3 earnings come as a shot in the arm?

NEW DELHI: Status quo on taxes on tobacco and cigarettes in the Union Budget has given a new life to the ITC stock, which has...

TMC slams BJP over issue of allocation of funds for rail projects in West Bengal

New Delhi: The TMC on Sunday lashed out at the BJP over its assertion that it has allocated the highest-ever funds for railway works in...

budget: Increased capex in Budget an ‘optical illusion’: Former finance secretary Garg

New Delhi: Increase in the capital expenditure provisions for 2020-21 in the Budget is an “optical illusion” and that for the next fiscal is “excessively...

Confident that disinvestment calendar will work well, non-tax revenues to improve in FY22: FM

NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday exuded confidence that the disinvestment calendar announced in the Union Budget will “work well”. Addressing members of...

View: To manage growth-induced friction, we need cooperation, threatened by anger

To make good on the growth budget, the government and its leaders must learn to appreciate the value of one behavioural imperative: smile! No, this...

Rajiv Kumar: Reform measures in Budget to take India out of COVID-induced downturn: Rajiv Kumar

New Delhi: The reform measures announced in the budget 2021-22 are aimed at taking India out of the COVID-19-induced downturn and making the country a...

View: Nifty job on expenditures, just keep an eye on fiscal deficit post-Covid

The budget for 2021-22 has to be prepared against a difficult background. According to Central Statistics Office (CSO) data, the economy shrank by 7.7%. There...

View: The Queen’s gambit a bold Budget move to checkmate Covid pandemic

An assessment of today’s budget may want to start by listing the myriad challenges that the FM faced. Mercifully, the economy seems on the mend,...

View: FM Nirmala Sitharaman opens govt spending tap for growth revival

In her boldest budget so far, finance minister Nirmala Sitharaman delivered on the most important front – a big-bang government spending programme for an economy...

View: If executed well, the Budget will propel demand, jobs and wealth creation

The need of the day is a sustainable growth plan driven by a robust reform agenda. And the Union Budget 2021 did deliver, without the...

View: A Budget that sets sail and template for the decade

Faith is the bird that feels the light and sings when the dawn is still dark.’ There could have been many quotes from Rabindranath Tagore...

Transactions involving royalty, tech fee taxable under I-T not liable for equalisation levy: Budget

NEW DELHI: The government on Monday clarified transactions involving royalty/ technical services fee would be taxable under income-tax and not be liable for equalisation levy...

economy: Steel user industries cheer customs duty reduction on long and flat steel products

Mumbai: Steel user industries like auto, construction and engineering goods sector have welcomed the announcements made by the Finance Minister to slash customs duty on...

Saurabh Mukherjea: Can’t expect relief for stock market this year, hope there’s no further taxation: Saurabh Mukherjea

The finance minister has already done much through July, August, September last year and there is very little left to say in the Budget, says...

Niramala Sitharaman Budget Plan: Five key numbers to watch out for in Niramala Sitharaman’s Budget spending plan

India’s annual budget on Monday will be Prime Minister Narendra Modi’s chance to spur demand and investments in an economy cratered by the world’s second-biggest...

First part of Union Budget Session 2021 to end on February 13: Sources

New Delhi: The first part of the Budget Session of Parliament will end on February 13 instead of February 15 as the Rajya Sabha, on...

View: Let the RBI simply print the extra money needed, avoiding the risks of a Covid tax in this Budget

Covid has hammered the poor, yet stock markets have boomed. Massive printing of money by central banks has flooded the world, sending all stock markets...

With fiscal support, growth will be 6.5-7.5% by FY23: CEA

NEW DELHI: A day ahead of the presentation of the Union budget, Chief Economic Advisor KV Subramanian on Saturday said the idea of a bad...

budget 2021: Happy about jabs, worried about jobs: India’s mood ahead of Budget

Winter fog affords poor visibility. In this difficult to-read pandemic year, it’s a problem Finance Minister Nirmala Sitharaman must contend with as she prepares to...