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Manu Kaushik
February 1, 2021
The airlines in India typically take aircraft from lessors (on lease) who are based overseas. IndiGo, for instance, has over 200 planes on lease, and so is the case with other airlines like SpiceJet, GoAir, Vistara and Air India


PTI
February 1, 2021
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


BusinessToday.In
February 1, 2021
Out of this, Rs 1.35 lakh crore has been allotted towards capital expenditure, which relates to modernisation and infrastructure development of armed forces.


Niti Kiran
February 1, 2021
Tax buoyancy, which describes the sensitiveness of tax revenue growth to changes in nominal GDP, is expected to touch 1.2 in FY22, marginally lower than 1.3 in FY21 (both tax revenues and GDP are projected to decline)


BusinessToday.In
February 1, 2021
The Budget ticked all the right boxes which would strengthen the path of recovery of the economy. This is a budget catering to all aspects of lives, livelihoods and growth, said Kotak


PTI
February 1, 2021
In February 2020 Budget, the government had estimated the subsidy bill at Rs 2,27,794 crore. However, all the budget estimates, have undergone major revisions as the country imposed strict lockdown to check the spread of COVID-19


BusinessToday.In
February 1, 2021
On the currency front, the Indian rupee depreciated by 6 paise to end at 73.02 per dollar on Monday due to fiscal concerns after the government projected a higher fiscal deficit for 2020-21 and increased borrowing target in the budget


BusinessToday.In
February 1, 2021
While the government has reduced customs duty on gold and silver, gold and silver dore bar, among others, it has proposed an Agriculture Infrastructure and Development Cess (AIDC) on them.


Dipak Mondal
February 1, 2021
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


BusinessToday.In
February 1, 2021
Budget 2021: Finance Minister says to further ease filing of returns, details of \"capital gains from listed securities, dividend income, and interest from banks, post office, etc, will also be pre-filled\"


Anand Adhikari
February 1, 2021
The government has also set a five-year long fiscal consolidation path to 4.5 per cent fiscal deficit by 2025-26. This means the government expansionary fiscal stance to support the growth will continue


Rupa Burman Roy
February 1, 2021
The 2021 Union Budget announcements that cheered investors today included hike in foreign direct investment (FDI) limit in insurance from 49% to 74%, scrappage policy for vehicles, privatisation of two nationalised banks and proposal of monetisation of assets


BusinessToday.In
February 1, 2021
MEITY has ordered Twitter to block of accounts which were using #ModiPlanningFarmerGenocide hashtag and making fake, intimidatory and provocative Tweets on Saturday that was January 30, officials said


BusinessToday.In
February 1, 2021
Union Budget 2021 highights: A new centrally sponsored scheme, PM Atma Nirbhar Swasth Bharat Yojana, will be launched with an outlay of about Rs 64,180 crore over six years


PTI
February 1, 2021
Of the total allocation of Rs 257.35 crore for 2021-22, Rs 178.32 crore has been earmarked for upgradation of the Lal Bahadur Shastri National Academy of Administration (LBSNAA) in Mussoorie to a centre of excellence


BusinessToday.In
February 1, 2021
Budget 2021: On Agriculture Infra Cess, the FM clarified that it won't result in a price increase for people and added that higher cess has been adjusted with lower customs duty


Aprajita Sharma
February 1, 2021
Union budget 2021: With this, EPF contribution no longer enjoys the Exempt-Exempt-Exempt (EEE) status, albeit for high income employees


BusinessToday.In
February 1, 2021
The government has proposed to reduce deadline for filing belated, revised ITR by three months from March 31 of the relevant assessment year to December 31 of the assessment year


PTI
February 1, 2021
In her budget speech for the next fiscal, she said the procurement of crops like paddy, wheat, pulses and cotton has jumped manifold in the last six years


BusinessToday.In
February 1, 2021
Budget 2021: This will impact high-income salaried people using voluntary provident fund for tax-free interest. Individuals who contribute over Rs 20,833 a month to PF will be taxed


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