Page 26 - Union Budget

Best of BS Opinion: A new fiscal road map, emission reduction, and more

Here's a selection of Business Standard opinion pieces for the day

In search of a new fiscal road map

Budget 2021 must overhaul the existing FRBM Act to set feasible targets on deficit and debt

'We expect foreign flows to continue to gain traction in 2021'

Nishchal Maheshwari, Centrum Broking CEO, says that Budget 2021 should ensure that the recovery momentum is sustained

Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea

What does FM Sitharaman's 'never-before Budget' assertion mean? Are there more relief measures in store or should we prepare for some shock in Budget 2021? A K Bhattacharya explains what we can expect

442 infrastructure projects show cost overruns of Rs 4.34 trillion

As many as 442 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.34 trillion

Two-wheeler industry hopeful of growth in Q4 but wary of Budget: HMSI

The farmers' agitation and Budget are "sort of dark clouds" as the two-wheeler industry is hoping for a low single-digit sales growth in Q4 of 2020-21 on the back of a low base of previous year

Seek harmony between budget allocation, asset monetisation: NHAI chairman

The idea is to welcome more private investment and boost the economy through highway construction, said Sandhu

Govt may reduce oil subsidy allocation by half in FY22 Union Budget

A major saving on the subsidy is expected to come from reduced government support for domestic LPG cylinders

FIDC seeks liquidity support for smaller NBFCs in upcoming budget

FIDC has written to the Finance Minister Nirmala Sitharaman seeking measures to improve liquidity support for small and mid-sized NBFCs in the FY22 Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Amfi has reiterated its long-standing demand of bringing parity in tax treatment between MFs and unit-linked insurance plans (ULIPs), both of which are investment products and invest in securities

Banking on Budget: Some key indirect tax measures govt should focus on

Having multiple GST rates not only leads to complexities in compliance and tax structure, but also does not optically make India tax-friendly and competitive globally

Don't tweak inflation target range: Economists tell FM in pre-Budget talks

The current range of 2-6 per cent is valid till this fiscal year-end

Beyond Headlines: Govt must invest in small-gestation projects to expedite recovery

Beyond Budget Headlines with AKB: Govt should invest in small-gestation projects

In this second episode of our special video series on Budget, A K Bhattacharya talks about fiscal deficit target, government spending and disinvestment goals

Beyond Headlines: Should there be a range for fiscal deficit target?

The govt expenditure this year (till October-end) was at roughly the same level as that seen in the same period last year

FM pledges Budget like 'never before' as govt looks to revive economy

Finance Minister Nirmala Sitharaman on Friday promised a "never before" like Union Budget as the government looks to steer the pandemic-battered economy and push growth. While investment in health, medical Research & Development (R&D) and developing greater skills to handle telemedicine is going to be critical, livelihood challenges would have to be seen in a newer canvas with newer perspective on vocational training and skill development. "Send me your inputs so that we can see a Budget which is a Budget like never before, in a way. 100 years of India wouldn't have seen a Budget being made post pandemic like this. "And that is not going to be possible unless I get your inputs and wish list, clear observation of what has put you through the challenge... Without that, it is impossible for me to draft something which is going to be that Budget like never before, a Budget which is being made after a pandemic," Sitharaman said while addressing the CII Partnership Summit 2020. The .

Health sector wants higher outlay, universal insurance in upcoming Budget

Govt officials say health outlay will have to rise significantly not just for vaccine expense but also for creation of supporting infra and distribution channels

Bold reforms have ensured steady FDI flow even during pandemic: FM

Says govt initiated big reforms in agriculture and labour codes

State govts worry as Centre plans to trim schemes in upcoming Budget

Govt looks to rationalise centrally sponsored schemes due to fiscal constraints

Banking on Budget: A clear case for restructuring expenditure in favour of capex

In the wake of the coronavirus pandemic, Budget 2021-22 will be full of challenges. Here are some recommendations for Finance Minister Sitharaman from D K Srivastava, chief policy advisor, EY India