Page 14 - Union Budget

We may consider acquisitions in South East Asia: Marico head Saugata Gupta

In an Q&A, Saugata Gupta, Marico's managing director and CEO, hails the Budget and lays out the company's road map for the future

Can FCI's subsidy wipe-out serve as a base for deeper food subsidy reforms?

If clearing of FCI's outstanding dues and loans does not spur further reforms, they will once again reach current levels in the next 4-5 years, say experts

Monetary policy will continue to have role in supporting fiscal stimulus

The MPC will keep the policy repo rate on hold, unanimously, despite the prospect of a drop in CPI inflation to 5 per cent in Q4 and then likely to average 4.5 per cent in FY22

Tariff uncertainty

Tinkering with rates will put off investment and hurt exports

M&A costs to go up after Budget 2021 axes tax depreciation on goodwill

The amendments on goodwill are retrospective as depreciation on any past goodwill, partly claimed in the past, would not be available going forward

Indirect Taxes: FM Sitharaman's Budget attempts a delicate balancing act

The focus has been on smoothening the GST structure and removing anomalies, as well as closing loopholes to curb fraudulent practices

Budget focuses on boosting demand and supply to aid long-term growth

The Budget aims to boost demand and supply through increased spending in sectors such as health, education, infrastructure and power

Budget: Balancing act for social sector, strong focus on health is visible

There has been an attempt to build on earlier initiatives, but financial constraints may hamper execution and achievement of goals

Power ministry to launch manufacturing programme for critical equipment

The scheme titled 'Manufacturing Zones under Atmanirbhar Bharat Package' in the Union Budget would entail setting up three manufacturing zones in a year

Riding on high growth: Key gainers from the Budget 2021 proposals

A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.

Best of BS Opinion: Defence budget, policy on disinvestment, and more

Here are the top BS Opinions of the day

Budget 2021: Bad bank will be a win-win for lenders, says Debasish Panda

All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, said Panda

Govt will reserve up to 10% in LIC's IPO for policyholders: DIPAM Secretary

Provisions have been added in the LIC Act to provide some reservation to policyholders as shareholders, said DIPAM secretary Tuhin Kanta Pandey

Focus on capex does not make Budget inflationary: Expenditure Secretary

We expect the cost of the vaccination to be Rs 700 per person. This includes the price of two shots at Rs 200-250 each, says Somanathan

Budget not just about raising, lowering tax: Finance secretary A B Pandey

The Budget should not be seen only as an exercise where you increase or decrease taxes, but also where you provide stability of rates, says Pandey

Union Budget 2021: FPIs may have to wait for dividend tax relief

Firms will examine qualitative factors before extending treaty benefits

Railways on the right track

The bottom line is that it calls for a capital expenditure of Rs 16.74 trillion between 2022 and 2031 on track and terminal infrastructure and rolling stock

Budget 2021: 'One Nation, One Ration Card' scheme in 32 states, UTs

'One Nation, One Ration Card' scheme of the Union Government is being implemented by 32 States and Union Territories, reaching about 69 crore beneficiaries, said Finance Minister Sitharaman on Monday

Little for the vulnerable

Budget didn't address special needs of a pandemic year

Reading the defence budget tea leaves

MoD has managed the defence budget well in a difficult year, but long-term fixes are needed