The main focus of the government in the second part of the session is to get the various demands for grants for the year 2021-22 passed along with the Finance Bill which carries various tax proposals

Congress leader Rahul Gandhi hit out at the Centre over the farmers' protest and said nails were laid at Delhi's borders for those, whose sons risk their lives at the country's borders

\"We are discussing ways in which prices can be kept stable. We will be able to take a view of the issue by mid-March,\" say sources

The unlocking of economy saw domestic demand benefiting from festive tailwinds, pent up consumption, pickup in capacity utilisation and resumption in sectoral activities, DBS Bank said.

The sharp decline in GST collections was estimated to lead to Rs 1.80 lakh crore shortfall in GST revenues of states

In his pre-recorded address for the sixth Governing Council virtual meeting of Niti Aayog, the senior Congress leader also proposed that states are consulted before deciding the priority list for COVID-19 vaccination

Farmers, labourers, traders are being sidelined and the path is being cleared for two-three businessmen, Congress leader Rahul Gandhi said

The increase in the agriculture credit with a target of Rs 16.5 lakh crore and the allocation of infrastructure fund for the development of APMCs reiterates the government's commitment to the welfare of farmers, and is a great move

Union Minister Ravi Shankar Prasad said the budget should be seen in the context of the COVID-19 pandemic and the announcement of Rs 27 lakh crore Atma Nirbhar Bharat scheme

The BT MindRush theme, Post-Pandemic Paradigm, brought out how businesses evolved in possibly their toughest year ever

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Industry leaders praised the steps to provide tax relief to senior citizens, encourage expenditure for infrastructure development and emphasis on healthcare in Union Budget 2021-22; Farmer unions have announced a nationwide 'chakka jam' on February 6 against the internet ban on their agitation spots and alleged harassment by the authorities; About 1,500 of the initial volunteers in a late-stage clinical trial of the Oxford/AstraZeneca Covid-19 vaccine received wrong dose. Watch this and more on News Blast.Also Read: Sensex reclaims 50,000 mark, Nifty crosses 14,700 after investors cheer Budget 2021

Experts say the likelihood of a tax hike for tobacco products and cigarettes was low in this year's budget because it was hiked sharply in Budget 2020

India cut the basic import tax on crude palm oil to 15% from 27.5%, but imposed a 17.5% \"cess\" - a separate tax - on the imports, Sitharaman said in her federal budget speech

In a press conference at the Singhu border, farmers' unions seemed disgruntled by the government for \"ignoring\" them in the Union Budget speech. They accused the government of alleged harassment, as they said that water and power supplies to the protest sites had been curtailed

While the government has maintained for long it does not wish to be in business in sectors that are not of strategic importance, its track record of disinvestment is patchy at best

The generals made their move hours before parliament had been due to sit for the first time since the National League for Democracy's (NLD) landslide win in a Nov. 8 election viewed as a referendum on Suu Kyi's fledgling democratic rule

Finance Minister Nirmala Sitharaman proposed in the Budget to create a National Monetisation Pipeline, comprising of potential brownfield infrastructure assets

Substantial changes have been introduced in relation to Tax Dispute Resolution mechanism to impart greater efficiency, transparency and accountability by eliminating interface to the extent technologically feasible by optimising utilisation of resources and introducing dynamic jurisdiction

The time-limit for re-opening of assessment is being reduced to 3 years. Originally this was six years. Re-opening of assessment up to ten years will be allowed only if there is evidence of undisclosed income of  Rs 50 lakh (or more) for a year