In the first-ever paperless Union Budget, Sitharaman also proposed the introduction of Aatmanirbhar health programme with an outlay of Rs 64,180 crore.
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Budget 2021: FM Sitharaman announces Agri Cess on Petrol and Diesel.
Finance Minister Nirmala Sitharaman on Monday tabled the Union Budget 2021 in Parliament. While Sitharaman kept the Income Tax slabs unchanged, she imposed an additional agriculture cess on petrol and diesel. However, the new cess will not have any impact on the price of these petroleum products for general consumers. An agriculture Infrastructure and Development Cess (AIDC) of Rs 2.5 per litre has been imposed on petrol and Rs 4 per litre on diesel. For other duties and cess, as revised, consequent to imposition of AIDC) on these items refer to part B. Overall there would be no additional burden on the consumer, the Budget document stated.
Ravi Narayan, CEO of T-Hub, expects Budget 2021 to boost aspirations of Indian startups
Ravi Narayan, CEO of T-Hub, says several measures announced in the Budget 2021 are likely to boost the aspirations of Indian startups, but believes lot more needs to be done in the areas of funding startups.
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Ravi Narayan, CEO of T-Hub, says several measures announced in the Budget 2021 are likely to boost the aspirations of Indian startups, but believes lot more needs to be done in the areas of funding startups; a snapshot of his views on Budget 2021 for startups:
Extension of tax-holiday and capital gains exemption for investment by another year a positive
Itâs Budget Season. And That Means Talk of a âBad Bankâ Yet Again.
With the RBI governor open to taking a look at a proposal if it is presented, if we see one next week, surely a wider debate will be in order.
A woman walks past the Reserve Bank of India (RBI) head office in Mumbai. Photo: Reuters/Shailesh Andrade/
Economy26/Jan/2021
In a public lecture almost two weeks ago, Reserve Bank of India (RBI) Governor Shaktikanta Das stated that if a proposal for the creation of a âbad bankâ was put forward, the monetary regulator would look at it.