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Budget 2021
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Will budget 2021-22 spur growth?
By Roshan Kishore, New Delhi
UPDATED ON FEB 02, 2021 11:33 AM IST
Fiscal deficit as a share of Gross Domestic Product (GDP) has gone up from the 2020-21 Budget Estimate (BE) of 3.5% to a massive 9.5% according to the Revised Estimate (RE) numbers.
Nirmala Sitharaman interview: ‘Important to back asset creation’
By R Sukumar, New Delhi
UPDATED ON FEB 02, 2021 09:30 AM IST
- In conversation with HT's R Sukumar, finance minister Nirmala Sitharaman explained how —via Union Budget for 2021-2022 — the government wanted to give a boost to public expenditure through good quality expenditure for asset creation such as roads, ports, and other infrastructure.
In pandemic age, 137% increase in budget on health, well-being
By Rhythma Kaul
UPDATED ON FEB 02, 2021 07:16 AM IST
India’s overall allocation for health and well being has soared by 137% in the financial year 2021-22 to Rs
Union budget 2021: ₹1,500 crore scheme to boost digital payments
Livemint, Bengaluru
UPDATED ON FEB 02, 2021 09:44 AM IST
UPI transactions have increased continuously, clocking 2.3 bn transactions in January, up from 2.23 bn in December 2020.
₹2,217-cr fund to aid pollution fight in cities
By HT Correspondent, New Delhi
UPDATED ON FEB 02, 2021 09:45 AM IST
The clean air programme is planned for 42 cities with each having a population of more than a million people. This fund is not part of the allocation to the environment ministry.
RS adjourned twice amid uproar over fuel prices, Naidu against 'drastic action'
By hindustantimes.com | Written by Kanishka Sarkar, Hindustan Times, New Delhi
UPDATED ON MAR 08, 2021 12:27 PM IST
Following Mallikarjun Kharge's remarks, there was uproar over the issues as Congress MPs began raising slogans and demanded a discussion over fuel prices hike.
Second part of Parliament's Budget session begins today
PTI, New Delhi
PUBLISHED ON MAR 08, 2021 06:56 AM IST
The part two of the session is taking place at a time when political parties have their focus on elections in West Bengal, Tamil Nadu, Assam, Kerala and Puducherry.
Finance minister Sitharaman to address post-Budget RBI board meeting
By hindustantimes.com | Edited by Shankhyaneel Sarkar, Hindustan Times, New Delhi
PUBLISHED ON FEB 16, 2021 07:10 AM IST
- The meeting will be held virtually this year due to the ongoing Covid-19 pandemic.
Budget aims to uplift poor, Oppn is spreading false narrative: FM Sitharaman
By Rajeev Jayaswal, New Delhi
PUBLISHED ON FEB 13, 2021 02:19 AM IST
Speaking on the budget in the Rajya Sabha, Sitharaman said the budget was drawn from the experience of Prime Minister Narendra Modi, known for his commitment to development, growth and reform, and it was through these three things that Aatmanirbhar Bharat would be attained.
Budget shows hope to build new, self-reliant India, says Anurag Thakur
By hindustantimes.com | Written by Kanishka Sarkar
PUBLISHED ON FEB 12, 2021 11:31 AM IST
Anurag Thakur also addressed the farmers’ stir issue and challenged the Congress and Opposition leaders to show where it was written that mandi and minimum support price system will end.
Nirmala Sitharaman to reply on budget discussion in Rajya Sabha today
By HT Correspondent | Edited by Sarah Kadan
UPDATED ON FEB 12, 2021 09:48 AM IST
The discussion started on Wednesday in Lok Sabha with Prime Minister Narendra Modi’s reply to the motion of thanks on the President’s address
Highlights: FM to reply to Budget discussion in Lok Sabha at 10am on Feb 13
UPDATED ON FEB 13, 2021 12:29 AM IST
Budget session highlights: Today is also the last sitting of the Rajya Sabha for the first phase of the session.
Budget session: Rajya Sabha sitting for February 13 cancelled
ANI, New Delhi
PUBLISHED ON FEB 12, 2021 07:21 AM IST
The first part of the budget session was scheduled to continue till February 15, however, it was later rescheduled to end on February 13.
‘Disengagement plan at Pangong Tso finalised’, says Rajnath Singh on China row
By hindustantimes.com, Hindustan Times, New Delhi
UPDATED ON FEB 11, 2021 11:48 AM IST
Rajnath Singh's remarks come a day after the Chinese defence ministry said that both sides have begun disengaging on the southern and northern banks of Pangong Tso
PM Modi to reply to motion of thanks on President’s address in Lok Sabha today
By hindustantimes.com | Written by Kanishka Sarkar
UPDATED ON FEB 10, 2021 02:02 PM IST
Modi had delivered his reply to the President's address in the Rajya Sabha on Monday where he asserted that his government was working for the welfare of small farmers
Budget about faith, disinvestment not equal to selling family silver: FM
By hindustantimes.com | Edited by Amit Chaturvedi
UPDATED ON FEB 07, 2021 02:44 PM IST
Talking about the coronavirus disease (Covid-19) pandemic, Nirmala Sitharaman said that India found a way to survive "even when developed countries are struggling".
Budget focuses on spending to boost economic growth, says Ravi Shankar Prasad
PTI, Patna
PUBLISHED ON FEB 07, 2021 07:45 AM IST
The Centre has increased the budgetary outlay for health and wellbeing to over ₹2.23 lakh crore from an estimated allocation of around ₹94,000 crore in the current fiscal.
Union Budget 2021-22: Here are 10 income tax changes announced
By hindustantimes.com | Written by Meenakshi Ray, New Delhi
PUBLISHED ON FEB 05, 2021 09:20 AM IST
The changes include unit-linked insurance policies (ULIP), pre-filled income tax returns (ITR) forms, higher tax deduction at source (TDS) for non-filers of income tax returns and exemption of dividend payment to REIT/InvIT from TDS among others.
Govt says taxation of EPF contribution will not affect genuine contributors
By hindustantimes.com | Edited by Shankhyaneel Sarkar, Hindustan Times, New Delhi
PUBLISHED ON FEB 04, 2021 08:24 PM IST
- The rule is to ensure that high net worth individuals who post huge sums of money per month in their EPF accounts do not get to misuse the provision of assured high interest.
BJP to reach out to masses, explain welfare measures in Union Budget
ANI
PUBLISHED ON FEB 04, 2021 02:23 PM IST
The Cabinet ministers and rest of the ministers of state and independence charge and national general secretaries of the Bharatiya Janata Party will be touring cities allocated to them on February 6 and February 7.
Govt to spend more on infrastructure to boost incomes: Finance secretary
By hindustantimes.com | Edited by Shankhyaneel Sarkar, Hindustan Times, New Delhi
PUBLISHED ON FEB 03, 2021 10:12 PM IST
- Pandey said the move is aimed at ensuring that government presence is not required in the private sector and foreign investments.
A budget for a ‘project finance economy’
By Janmejaya Sinha
UPDATED ON FEB 04, 2021 06:23 AM IST
FM Sitharaman broke free of taboos and bet on growth. Now, meet divestment targets and monitor outcomes
Farmers agitation at Delhi borders causing inconvenience to residents: Centre
By hindustantimes.com | Written by Kanishka Sarkar, Hindustan Times, New Delhi
UPDATED ON FEB 03, 2021 11:59 AM IST
Police security across Delhi was stepped up after thousands of farmers entered the central Delhi area despite warnings during their tractor rally on Republic Day.
‘Did not resort to tax hike to boost revenue’: Ajay Bhushan Pandey
By Rajeev Jayaswal, New Delhi
PUBLISHED ON FEB 03, 2021 02:36 AM IST
In an interview to HT, Pandey said India needs to change the mindset that believes higher taxes are necessary to generate resources.
What is the actual fiscal stimulus in the budget?
By Roshan Kishore, New Delhi
UPDATED ON FEB 03, 2021 08:07 AM IST
Here are three charts which can help us understand this.
Budget 2021-22: Sitharaman borrows a leaf out of Pujara’s notebook
By Sarthak Agrawal
UPDATED ON FEB 02, 2021 10:13 PM IST
To borrow the chief economic adviser’s analogy, this is not a big-bang Rishabh Pant budget, although that doesn’t mean it is bad. Particularly impressive is the keenness showed by FM in imparting integrity to fiscal numbers. Phasing out opaque extra-budgetary borrowings deserves our full compliments.
‘What’s in it for Maharashtra?’: Minister Chaggan Bhujbal slams budget
By hindustantimes.com | Edited by Ayshee Bhaduri, Hindustan Times, New Delhi
PUBLISHED ON FEB 02, 2021 05:51 PM IST
- "Budget was for name’s sake. What's in it for Maharashtra? Nothing. It's only for election-bound states. They (BJP) promised so much for Bihar. Was anything announced? Where are those promises which they made before polls? Election over, promises gone,” NCP leader Chhagan Bhujbal told reporters.
No ITR filing required for senior citizens: 7 points
By hindustantimes.com | Edited by Mallika Soni
PUBLISHED ON FEB 02, 2021 03:59 PM IST
"In the 75th year of Independence of our country, we shall reduce the compliance burden on senior citizens. For senior citizens who only have a pension and interest income, I propose exemption of filing of income tax returns,” Sitharaman said in her budget speech.
Tourism, hospitality sectors neglected in budget, says travel federation
By Neha LM Tripathi
PUBLISHED ON FEB 02, 2021 11:53 AM IST
Subhash Goyal, general secretary of Federation of Associations in Tourism and Hospitality, said the budget was a good opportunity for the government to revive the tourism industry
Budget 2021: Hydrogen mission; solar energy, clean air among focus areas
By HT Correspondent | Edited by Smriti Sinha
PUBLISHED ON FEB 02, 2021 09:39 AM IST
Centre’s clean air programme got a shot in the arm with Sitharaman announcing a fund of ₹2,217 crore for air pollution control in 42 cities
What union budget means for your money
By hindustantimes.com, New Delhi
PUBLISHED ON FEB 02, 2021 07:37 AM IST
Here is a graphic look at the tax you pay -
Budget FY22 brings big cheer to markets
By hindustantimes.com
UPDATED ON FEB 02, 2021 07:13 AM IST
The BSE benchmark Sensex skyrocketed 2,315 points on Monday, propelled by gains in financial stocks, as market participants cheered a growth-oriented Union budget.
Will budget 2021-22 alleviate distress ?
By Roshan Kishore, New Delhi
UPDATED ON FEB 02, 2021 07:19 AM IST
Allocation for National Social Assistance Programme, which was increased to ₹42,617 crore in 2020-21 (RE) from the 2020-21 BE allocation of ₹9,197 crore has been brought down to ₹9,200 crore in the 2021-22 BE numbers.