Page 27 - Union Budget

NBFCs seek relaxation in eligibility to recover loans under SARFAESI Act

The request has been made considering the recovery of small-ticket loans given to MSMEs, and proposes to bring parity in recovery of soured loans by banks and non-bank lenders

Budget will focus on infra to revive economic growth: FM Sitharaman

Recognising that this is an unusual year, borrowing has been kept at levels so that the government can quickly put the money back in projects, Sitharman said

India Inc seeks growth-oriented budget, higher health spend from FM

Says fiscal consolidation be pushed for later years or formulated from three-year perspective

Beyond headlines: Will Budget 2021 be pandemic Budget or lockdown Budget?

In the first of a series of videos in the run-up to the Budget, Business Standard Editorial Director A K Bhattacharya gives his expert views on what to expect from this Budget

Beyond headlines: Will Budget 2021 be pandemic Budget or lockdown Budget?

Finance Minister mulling 75% reduction in foreign travel budget for FY22

The Covid-19 pandemic and the ensuing restrictions in mobility may result in a 75% reduction in the budgetary allocation for foreign travel in FY22

Faceless Income Tax appeals deter participation in Vivad Se Vishwas scheme

With the appeals process going faceless from September onwards, there are no jurisdictions for the Commissioner of I-T (Appeals), or CIT(A), to approve the withdrawal request

Towards Budget 2021-22

The budget-making exercise offers golden opportunities despite challenges

India's next Budget to focus on boosting growth, says FM Sitharaman

With the world's second-highest cases of coronavirus despite a severe lockdown of its 1.3 billion people early on in the pandemic, India's economy is expected to contract nearly 10% in the 2020-21

Govt kickstarts Budget-making exercise; health outlay may get 50% boost

FY22 infrastructure allocation also likely to see significant increase

Best of BS Opinion: Budgeting in unusual times, end of a 'holy warrior'

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

Will ask govt to make employers' contribution tax-free in Budget: PFRDA

Pension fund regulator PFRDA will propose to the government to make employers' contribution of 14% under NPS tax free for all categories of subscribers in the next Budget

Industry bodies, experts to submit ideas on Budget 2021 via e-mail: FinMin

The Union Budget 2021-22 is expected to be tabled in Parliament on February 1

The secret wish of all finance ministers

Time has come to discard the practice of reading out Part A of the Budget in the house

FM Sitharaman insisted on my transfer from North Block, says S C Garg

Former finance secretary Garg had last year opted for voluntary retirement after being transferred to Power ministry

Amid grim fiscal outlook, this 'act of god' could salvage Sitharaman's Budget

If the Finance Commission recommends a smaller tax share for states, the Centre will get more money. On what that would do to 'cooperative federalism', you don't need to guess, writes T N Ninan

Next budget should bring down personal tax rate to 25%: New PHDCCI chief

In a Q&A, Sanjay Aggarwal calls for focus on infra, flow of investments, creating a conducive environment for companies looking to shift businesses from other countries to India

Budget 2021: Personal Data Protection Bill likely to be tabled in Parl

The draft of the bill, approved by the Cabinet in December 2019, proposes a penalty of up to Rs 15 crore and up to three-year jail term for company executives for violating privacy norms.

MyGov to focus on having more state chapters, campus ambassadors: CEO

The platform, launched in July 2014, has 13 million users who contribute their ideas through discussions

Union Budget 2021: Finance Ministry to start budgetary exercise from Oct 16

The Finance Ministry issued a Budget circular on Thursday evening, which contains necessary instructions and deadline for submission of details by different central ministries and departments