Page 5 - Latest Updates on Budget presentation
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
 "Rs 50,000 cr allocation to NRF will spur innovation: Experts")
Budget: Education gets Rs 93,224 cr, Rs 8100 cr more than revised estimates
The Ministry of Education has been allocated Rs 93,224.31 crore in the 2021-22 Budget
 "Budget: Education gets Rs 93,224 cr, Rs 8100 cr more than revised estimates")
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
 "Military sees small increase in budget even as China standoff simmers")
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
 "Demand for affordable housing to rise on extension of tax sops: Realtors")
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
 "Govt has bypassed health, education in Budget, says Sisodia")
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'
 "All-inclusive budget touches every section of society: J P Nadda")
Budget does not address inequities, bold for its fiscal stance: Economists
Economists called the budget 'bold'
 "Budget does not address inequities, bold for its fiscal stance: Economists")
Budget silent on 'agri unrest', ignores 'entire north India': Punjab FM
Punjab Finance Minister Manpreet Singh Badal on Monday criticised the Union Budget
 "Budget silent on 'agri unrest', ignores 'entire north India': Punjab FM")
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
 "No ITR for those of 75 years and above if pension, FD interest in same bank")
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
 "Rs 1,117 cr relief to TN farmers affected by crop loss in January")
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
 "Agri Ministry gets 5.63% more budget for FY22; half of it for PM-Kisan")
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
 "Enhanced Rs 1.18 trillion outlay for highways, projects to speed up: FM")
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
 "Union Budget 2021: Allocation for education pared by 6.13%, boost for KVs")
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
 "Interest earned on PF contributions above Rs 2.5 lakh to be taxable: Budget")
Budget proposals for start-ups to boost 'ease of doing business'
The union government has decided to extend tax holiday claim for start-ups by one more year
 "Budget proposals for start-ups to boost 'ease of doing business'")
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
 "Govt proposes Rs 3.05 trn scheme to revive power distribution companies")
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
 "India poised to truly be the land of promise, hope in post-Covid world: FM")
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
 "Winners and losers: Who got what in India's pandemic budget")
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
 "Rs 1,500 cr-scheme to boost e-payments; drive innovation by fintech cos")
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
 "FY22 disinvestment target at Rs 1.75 trn; financials a strategic sector")
