Expectations

Budget 2021: Although the government has given startups priority sector lending status, the sector seeks a regulatory system that focuses on tax parity concerns

Updated : Jun 24, 2021

Budget 2021: What will Sitharaman's budget have for start-ups?

The stakeholders are keenly eyeing the much-anticipated regulatory changes in incentivising the domestic and foreign investments, easing the compliance burden on startups, among other measures, during the Budget 2021

Updated : May 3, 2021

Budget 2021-22: CII suggests graded road map towards competitive import tariffs

CII says it has proposed road map to encourage domestic manufacturing in alignment with global trade trends that would boost India''s export competitiveness as per shifting global value chains in the next three to five years

Updated : Mar 1, 2021

Budget 2021: Will FM Sitharaman announce relief measures for auto sector?

Budget 2021: The automobile and automotive component sectors have been braving low demand for the better part of three years due to a host of reasons  -  the absence of consumer confidence due to slowdown blues and liquidity crunch resulting from malaise in the NBFC sector to name a few

Updated : Feb 1, 2021

Budget 2021: Govt likely to announce new national bank to finance infra projects

Various reports suggest that the ministry of finance has prepared a draft of the bill called - the National Bank for Financing Infrastructure and Development Bill, 2020

Updated : Feb 1, 2021

Budget 2021: 'Increase healthcare expenditure from 1.2% to 2.5% of GDP'

Healthcare service providers want the government to increase healthcare spending in this year's Budget and ramp up infrastructure in the sector

Budget 2021 needs to address crucial challenges regarding growth, especially in manufacturing as it generates more economic activity than other sectors

Updated : Feb 1, 2021

Budget 2021: What's in store for domestic manufacturing?

The government is reportedly planning a massive public spending boost in the Budget 2021, which will focus on job creation and post-COVID economic revival

Updated : Feb 1, 2021

Budget 2021: Govt may allocate Rs 25,000 crore for PSBs recapitalisation

Budget 2021: The finance ministry has discussed the proposals for bank recapitalisation and fund allocation will depend on a number of key factors

Updated : Feb 1, 2021

Budget 2021: Task cut out to revive consumption

Budget 2021: The task is cut out to spur the economy by reviving demand and enhancing consumer spending

Updated : Feb 1, 2021

Budget 2021: What does aviation industry want?

Budget 2021: All major airlines in India faced losses throughout the year. Many laid off hundreds of employees, sent them on leave without pay, or cut their salaries

Updated : Feb 1, 2021

Budget 2021: How Indian economy performed in FY21 compared to FY20

Budget 2021: Indian economy had started dwindling in FY18 when the growth declined to 7.04 per cent from 8.26 per cent in the previous fiscal. The GDP growth further declined to 6.15 per cent in FY19 and 4.2 per cent in FY20, which was the lowest in 44 quarters

Updated : Feb 1, 2021

Budget 2021: What will be govt's disinvestment target?

Budget 2021: Considering the unprecedented situation, the government is now thinking what all can be done during the post-Covid period to make up for the losses

Updated : Feb 1, 2021

Budget 2021: Affordable housing, enhanced deductions among homebuyers wishlist

Budget 2021: Following three years of business disruptions due to GST implementation, demonetisation, the NBFC crisis, and the realty law RERA, the market had started stabilising only to be thrown out of gear again by the COVID-19 pandemic and the subsequent lockdown imposed in March

Union Budget 2021-22 will be announced today at 11 am

Updated : Feb 1, 2021

Budget 2021: FM Sitharaman may hike customs duty on these items

Budget 2021 expectations: The expected hike in customs duty is aimed at providing an impetus to the Narendra Modi-led NDA government's Make in India initiative, according to officials

The KCC Scheme was introduced in 1998 with the objectives of providing adequate and timely credit to farmers

Updated : Feb 1, 2021

Budget 2021: Report card on 'Kisan credit card'

Talking about the KCC drive, the Finance Ministry recently said in a tweet that banks had issued 1.8 crore Kisan Credit Cards with a credit limit of Rs 1.68 lakh crore as of January 8, 2021

Finance Minister Nirmala Sitharaman will present Union Budget 2021-22 in Parliament today

Updated : Feb 1, 2021

Budget 2021: Will govt increase income tax relief on medical bills?

The IT Act provides a deduction of Rs 25,000 for a premium paid towards health insurance of spouse, self, and children under Section 80 D if the eldest member is below the age of 60. In case the age of the eldest member being 60 years or above a higher deduction of Rs 50,000 is allowed

With several large-scale projects in railways, highways, and ports in the pipeline, the infrastructure sector is likely to get a major boost in the Budget 2021

Updated : Feb 1, 2021

Budget 2021: New investments fail to pick up in Dec quarter, big project announcements expected in FY22

As many as 450 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.28 lakh crore, according to a report by the Ministry of Statistics and Programme Implementation

The fund allocation of Rs 3 lakh crore will focus on upgrading the infrastructure and technology of the ailing power discoms

Updated : Feb 1, 2021

Budget 2021: Govt plans Rs 3 lakh crore package to revive power discoms

The Ministry of Power has already announced that it is planning to replace 250 million conventional electricity metres with smart metres by 2022 in Indian homes under the Smart Meter National programme to stop pilferage and encourage timely payment

In 1980 the printing venue was shifted to North Block in the national capital

Updated : Feb 1, 2021

Budget 2021: How govt keeps the Budget a secret until FM's speech

Officials who are tasked with printing the budget are kept in total isolation in North Block to maintain complete secrecy

The tourism and hospitality industry is seeking extensive support from the government in wake of unprecedented damage done by coronavirus crisis

Updated : Feb 1, 2021

COVID knocked out tourism, can Budget 2021 revive it?

Several experts are of the view that the sector may take 3-4 years to fully recover and are expecting the Centre to grant long pending demand for industry status to the sector as well as lower GST rates, thereby giving direct relief, particularly to hotels

Updated : Feb 1, 2021

Budget 2021: Will middle class get bigger take-home salary?

Budget 2021: With increase in standard deduction levels, people will have more money in their hands to meet medical bills and high fuel costs. Certain reports suggest that the standard deduction limit could be enhanced to Rs 75,000 to Rs 1 lakh

Updated : Feb 1, 2021

Budget 2021: What can tech companies expect?

Budget 2021: It is expected that Finance Minister Nirmala Sitharaman would offer clarifications on these ambiguities in her third Budget Speech. These announcements will be closely watched by global tech giants, who have expressed their reservations over the digital tax