Page 16 - Union Budget

Budget: Govt appears willing to take political risk ahead of Assembly polls

Allocation for farm and allied activities has been cut

Budget 2021: Allocation won't cover 300-million target for vaccination

There is yet no clarity on how this fund will be raised, how much states will contribute, and how much the new vaccines will cost

Finance Commission keeps tax devolution for states at 41% in FY22

With grants, the transfer is roughly 50-50 of divisible tax pool between Centre, states; N K Singh says Commission worked without any bias

'Get well soon' outlay: Health care gets best-ever shot in Budget 2021

Allocation jumps 118% over RE to Rs 2.23 trillion; Rs 35,000 cr earmarked for Covid vaccination

Budget creates space for supporting economy: CRISIL MD & CEO Ashu Suyash

The onus was on the government to do the heavy lifting for reviving the investment cycle as a broad-based recovery in private capex is not yet in sight

Revenue expenditure to decline 8.6% in FY22, show Budget documents

Small savings, which will chip in a record Rs 4.8 trillion, breathe life into stimulus

Govt takes capital expenditure route to spur growth in Budget 2021

At 15.9%, capex share in total spend for FY22 will be the highest in over a decade

It's getting better over time: FM cuts Budget speech short this year

There has been less fudging with the revised estimates (RE) of 2020-21.

Spend, earn, tax: Finances of Union Budget 2021 explained in nine charts

Taxes on individual incomes will now bring more revenue to the government than taxes on corporate profits

Union Budget 2021: Govt to privatise two PSBs and one general insurer

The Budget has also laid the road map for overhauling public sector enterprises with the announcement of the broad details of the privatisation policy

Budget: Relief from double taxation for NRIs' earnings in pension account

So, if a person moves to India and becomes a resident Indian for tax purposes, they get taxed on any income they earn in these accounts

Budget 2021: Govt extends benefits on affordable housing till March 2022

The upper limit is capped at Rs 45 lakh for claiming this deduction.

Ad film director Prahlad Kakar's take on the best, worst things in Budget

Additionally, the consumer will hopefully have more to spend in the short term, which will push up demand

Budget 2021: The right formula for revival, says Centrum Group's J Bindra

The DFI should play a more dev­elopmental role in building greenfield infra projects, which could help achieve the target of Rs 5 trillion.

Like performance of Cheteshwar Pujara, Budget 2021 is brave and stable

Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations

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 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

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

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 a fine balance between prudent spending, incentives to woo capital

The FM's speech boosted sentiments through announcement of anticipated reforms like infra funding through a new DFI, 'bad bank'-type structure for resolution of stressed assets