Page 47 - Latest Updates on Nirmala Sitharaman
Budget 2021: FM extends tax holiday, capital gains exemption for startups
Experts say since most startups are loss making, tax holiday will have limited immediate impact on them
 "Budget 2021: FM extends tax holiday, capital gains exemption for startups")
Budget 2021: Govt lays out Rs 5.54 trn for capital creation in infra sector
Close to 8,500 km of road, highway projects being planned to be awarded by March 2022
 "Budget 2021: Govt lays out Rs 5.54 trn for capital creation in infra sector")
Budget showcases govt's strong strategic push for growth-oriented road map
The sharp and targeted focus on infrastructure, capex, health, education, financial sector reforms and fiscal credibility have been the key takeaways from this Budget
 "Budget showcases govt's strong strategic push for growth-oriented road map")
What about the Bank Investment Company in Sitharaman's Budget 2021?
Between 2015-16 and 2019-20, the Centre had pumped in Rs 3.56 trillion into these banks through both direct subscription of equity shares and recapitalisation-bonds
 "What about the Bank Investment Company in Sitharaman's Budget 2021?")
Two, not three, cheers are enough for FM Sitharaman's Budget 2021
After 51 years of bank nationalisation, the government has finally admitted that it should not be in the business of running all public sector banks
Budget calls for creating permanent framework for buying corporate bonds
Dealers say unless retail investors are attracted, nothing much can happen in the space
 "Budget calls for creating permanent framework for buying corporate bonds")
Atmanirbhar Kisan: FM Sitharaman allows mandis to access Agri Infra Fund
Cess might not pinch the pocket much as it could be offset by cut in customs duty
 "Atmanirbhar Kisan: FM Sitharaman allows mandis to access Agri Infra Fund")
Budget 2021: Indian Railways gets Rs 1.1 trn budgetary support for FY22
FM says Railways has a National Rail Plan for India 2030, to create a future-ready rail system by 2030. Bringing down logistic cost for industry is at the core to enable Make in India
 "Budget 2021: Indian Railways gets Rs 1.1 trn budgetary support for FY22")
Budget 2021: Power discoms get second chance, Rs 3.05 trillion for reforms
Scheme will provide assistance to discoms for infrastructure creation, inclusion of prepaid smart metering, feeder separation, upgradation of systems
 "Budget 2021: Power discoms get second chance, Rs 3.05 trillion for reforms")
Road Min gets 'highest ever' allocation of Rs 1.18 trn in Budget 2021-22
FM announces over Rs 2 trillion worth highways in 4 states
 "Road Min gets 'highest ever' allocation of Rs 1.18 trn in Budget 2021-22")
Govt to set up Rs 20,000 cr DFI to promote infra financing: FM Sitharaman
FM said the govt will set up a Rs 20,000 crore Development Finance Institution with a view to mobilise Rs 111 trillion required for funding of the ambitious national infrastructure pipeline.
 "Govt to set up Rs 20,000 cr DFI to promote infra financing: FM Sitharaman")
Budget 2021: Delhi govt accuses Centre of favouring big companies
The Delhi government accused the Centre of giving step motherly treatment to the national capital in the Union budget 2021-22, and claimed the budget is aimed at benefitting few big companies.
 "Budget 2021: Delhi govt accuses Centre of favouring big companies")
Leather products to get costlier after 10% customs duty, say manufacturers
'Customs duty hike to make leather expensive', said Alberto Torresi director
 "Leather products to get costlier after 10% customs duty, say manufacturers")
My budget will be about 'Swayampoorna Goa', says CM Pramod Sawant
Goa Chief Minister Pramod Sawant on Monday said he would be presenting the state's budget in the end of March and it would focus on making the state self- reliant.
 "My budget will be about 'Swayampoorna Goa', says CM Pramod Sawant")
Top headlines: India's budget hikes spending; Myanmar military takes power
Business Standard brings you top news of the evening
 "Top headlines: India's budget hikes spending; Myanmar military takes power")
Investor wealth rises by over Rs 6.34 trn as markets cheer Budget 2021
This was the best Budget-day gain for the markets since 1997, analysts said
 "Investor wealth rises by over Rs 6.34 trn as markets cheer Budget 2021")
No cut in excise duty on petrol, diesel: FM Nirmala Sitharaman
Sitharaman ignored calls for a reduction in excise duty rates to help bring down prices from historic high levels.
 "No cut in excise duty on petrol, diesel: FM Nirmala Sitharaman")
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")
Budget 2021: FDI cap hike in insurance set to attract US, European firms
The country's investment promotion agency, Invest India, expects the insurance market to be worth around $250 billion by 2025
 "Budget 2021: FDI cap hike in insurance set to attract US, European firms")
Budget 2021: Textile industry welcomes setting up 7 mega textiles park
The textile industry welcomed the setting up of 7 mega textiles parks proposed in the Union Budget 2021-22, saying this will make the industry globally competitive
 "Budget 2021: Textile industry welcomes setting up 7 mega textiles park")
