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Page 6 - Latest Updates on Budget at a Glance

Rs 50,000 cr allocation to NRF will spur innovation: Experts

The allocation of Rs 50,000 crore over five years to the National Research Foundation announced in the Budget will spur innovation, industry experts have said

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Updated On : 01 Feb 2021 | 7:13 PM IST

Military sees small increase in budget even as China standoff simmers

Both India and China have moved thousands of soldiers, tanks, artillery to the disputed border

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Updated On : 01 Feb 2021 | 6:57 PM IST

All-inclusive budget touches every section of society: J P Nadda

The BJP on Monday hailed the Union Budget as one for an 'Aatmanirbhar Bharat'

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Updated On : 01 Feb 2021 | 6:50 PM IST

Govt has bypassed health, education in Budget, says Sisodia

Delhi Deputy Chief Minister Manish Sisodia has expressed his displeasure over the Union Budget 2021-2022

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Updated On : 01 Feb 2021 | 6:48 PM IST

Demand for affordable housing to rise on extension of tax sops: Realtors

The government has extended additional tax deduction of Rs 1.5 lakh on home loan interest till March 2022

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Updated On : 01 Feb 2021 | 6:44 PM IST

GIFT to Gujarat: Can the state become the next Ireland of aircraft leasing?

Companies already enjoy a 10-year tax holiday on income and profit in GIFT. Sitharaman's proposal to not tax capital gains incomes could further sweeten the deal for those wanting to exit Ireland

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Updated On : 01 Feb 2021 | 6:25 PM IST

Government slashes fiscal 2021-22 sports budget by Rs 230 crore

In the Union budget presented in Parliament on Monday, the Central government allocated Rs.2,596.14 crore to sports

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Updated On : 01 Feb 2021 | 6:20 PM IST

Budget: Dept of Space allocated Rs 13,949 cr after a steep cut last year

Out of the allocated funds Rs 8,228 crore have been earmarked for capital expenditure

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Updated On : 01 Feb 2021 | 6:07 PM IST

No ITR for those of 75 years and above if pension, FD interest in same bank

Senior citizens of 75 years and above having pension income and interest from fixed deposit in the same bank would not be required to file income tax returns for the financial year beginning April 1

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Updated On : 01 Feb 2021 | 6:04 PM IST

Budget silent on 'agri unrest', ignores 'entire north India': Punjab FM

Punjab Finance Minister Manpreet Singh Badal on Monday criticised the Union Budget

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Updated On : 01 Feb 2021 | 6:00 PM IST

Agri Ministry gets 5.63% more budget for FY22; half of it for PM-Kisan

The Agriculture and Farmers' Welfare Ministry has got 5.63 per cent more budget allocation at Rs 1.31 trillion

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Updated On : 01 Feb 2021 | 5:53 PM IST

Rs 1,117 cr relief to TN farmers affected by crop loss in January

The Tamil Nadu government will provide Rs 1,116.97 crore as input relief to about 11,43,000 farmers across the state

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Updated On : 01 Feb 2021 | 5:47 PM IST

Enhanced Rs 1.18 trillion outlay for highways, projects to speed up: FM

Sitharaman on Monday said execution of flagship highways corridors as well as projects are bound to speed up

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Updated On : 01 Feb 2021 | 5:40 PM IST

Union Budget 2021: Allocation for education pared by 6.13%, boost for KVs

The school education and literacy department has been allocated Rs 54,873 crore - the lowest in two years -- in Budget 2021

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Updated On : 01 Feb 2021 | 5:40 PM IST

Interest earned on PF contributions above Rs 2.5 lakh to be taxable: Budget

Employers who delay the deposit of workers' share of social security contributions like employees' provident fund will not be able to claim the amount as deduction from their income

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Updated On : 01 Feb 2021 | 5:31 PM IST

Govt proposes Rs 3.05 trn scheme to revive power distribution companies

The FM also proposed a framework to provide electricity consumers option to choose from service providers

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Updated On : 01 Feb 2021 | 4:56 PM IST

India poised to truly be the land of promise, hope in post-Covid world: FM

Sitharaman on Monday asserted that India is well-poised to truly be the land of promise and hope in the post-Covid world

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Updated On : 01 Feb 2021 | 4:42 PM IST

Winners and losers: Who got what in India's pandemic budget

Finance Minister Nirmala Sitharaman had promised an unprecedented budget aimed at buoying the economy

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Updated On : 01 Feb 2021 | 4:29 PM IST

Rs 1,500 cr-scheme to boost e-payments; drive innovation by fintech cos

The government on Monday proposed a Rs 1,500 crore-scheme to promote digital transactions in the country

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Updated On : 01 Feb 2021 | 4:10 PM IST

FY22 disinvestment target at Rs 1.75 trn; financials a strategic sector

This includes two PSU banks and one general insurance company, in the next fiscal year beginning April 1

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Updated On : 01 Feb 2021 | 4:09 PM IST