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Updated : Feb 1, 2021

Budget 2021: Impetus to affordable housing welcome, more needs to be done, say realtors

Even as government announces measures to generate demand for affordable housing among  first time buyers, real estate sector demands urgent attention on GST issue, liquidity for the industry

Budget 2021
Updated : Feb 1, 2021

Stainless steel makers flay Budget 2021, say it opens floodgates for Chinese companies

The government has slashed import duties on a host of steel products including stainless steel items and also revoked some of the trade remedial measures taken between 2016 and 2019 to thwart cheap imports from China

Updated : Feb 1, 2021

Budget 2021: India Inc welcomes tax relief, infra spend fillip

Uday Kotak, the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank, hailed the focus on healthcare, infrastructure and financial sectors

Updated : Feb 1, 2021

Budget 2021: Textile industry welcomes announcement on parks

With the concept of the parks with a plug-and-play model, the textile and apparel sector, particularly the SMEs (small and medium enterprises), can build competitiveness in manufacturing, ITF convenor Prabhu Dhamodharan said in the statement

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Updated : Feb 1, 2021

Govt's tax estimates for 2021-22 understated: DEA Secretary Tarun Bajaj

The government has estimated a total gross tax collection of Rs  22.17 lakh crore in 2021-22, which is lower than last year's Budget estimates of Rs 24.23 lakh crore

PM Modi said the focus of the Budget was on simplifying rules and regulations for increasing 'ease of living' for common citizens.
Updated : Feb 1, 2021

PM Modi hails 'pro-active' Budget, says will bring all-round development

The boost to infrastructure sector and structural reforms will give a major fillip to growth and job creation, the prime minister said.

Agri warehousing and Agri-NBFC sectors expect industry boosting announcements in Budget 2021
Updated : Feb 1, 2021

Budget 2021: GST waiver, level-playing field; what agri sector expects from FM Nirmala Sitharaman?

The Agri warehousing and Agri-NBFC sectors have a lot of expectations from the upcoming budget as the growth of these two sectors is essential for the growth of agriculture in the country

Lower rates of GST and customs duty on medical devices prima facie may appear beneficial but the rates of duty on parts of such medical devices used for manufacturing do need to be favourable as well
Updated : Feb 1, 2021

Budget 2021: Rationalise GST rates on parts used in manufacturing of medical equipment

The medical devices market in India, be it for parts or final products, attracts multiple rates. Uniformity in these rates will go a long way in bringing down compliance complexity as well

To enable the setting up of warehousing clusters across the country, the government should simplify land acquisition policies by placing emphasis on digitisation of land records
Updated : Feb 1, 2021

Budget 2021: Digitisation, robust warehousing infrastructure key to solve pitfalls in logistics sector

The priority focus of the budget should be to encourage the adoption of digital tools and solutions across the logistics value chain through a digitalisation transformation strategy

Biopharma has remained the dominant industry of the 21st century, and the trend is set to solidify in the post-pandemic world
Updated : Feb 1, 2021

Budget 2021: Pharma sector expects a booster shot, tax sops from FM Nirmala Sitharaman

With a cohesive effort from both public and private players, the Indian bio-pharma industry has the potential to unlock tremendous growth over the next few years

Union budgets in this nation have always found a way to raise expectations before their announcement and raise doubts and questions post it
Updated : Feb 1, 2021

Budget 2021: Industry status, tax breaks; here's what realty sector expects from FM Nirmala Sitharaman

The government should consider giving the real estate sector, an "industry status", as availing it will help developers raise money at lower rates and cut down their cost of capital

The government will likely focus on investing in building robust infrastructure and productive assets, which will be key in realising India's self-reliance ambition
Updated : Jan 29, 2021

Budget 2021: Infra push can boost economy, improve competitiveness

All eyes are on the budget as the government walks a tightrope of balancing growth and fiscal concerns. Effective implementation of the proposed budget will be key

Union Budget 2021 should focus on infrastructure spending and improving competitiveness
Updated : Jan 29, 2021

Three key issues Budget 2021 should focus on

All eyes are on the budget as the government walks a tightrope of balancing growth and fiscal concerns. Effective implementation of the proposed budget will be key

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Updated : Jan 29, 2021

Budget 2021: Agency to examine consumer complaints against banks, insurers on anvil

Currently, the consumer redressal system in the country is overseen by the sectoral regulators like Reserve Bank of India (RBI) in case of banks and Insurance Regulatory and Development Authority of India (IRDAI) in case of insurance grievances

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Updated : Jan 29, 2021

Budget 2021: 5 big challenges in Indian banking

The current capital adequacy levels in PSBs do not look too bad, but the current regulatory forbearance post Covid hides the real picture

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