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Kerala FM presents revised Budget sans tax proposals - The Hindu BusinessLine

Kerala FM presents revised Budget sans tax proposals June 04, 2021 Kerala Finance Minister KN Balagopal presents the revised State Budget in the Legislative Assembly in Thiruvananthapuram on Friday   -  PTI Kerala Finance Minister KN Balagopal presents the revised State Budget in the Legislative Assembly in Thiruvananthapuram on Friday   -  PTI× Unveils action plan to fight feared Covid third wave Kerala Finance Minister KN Balagopal on Friday, revising the proposals of predecessor Thomas Isaac during the first Pinarayi Vijayan government, presented a tax-free Budget for 2021-22 even as it was grounded on a ‘firm resolve to fight an ongoing health emergency.’ Balagopal projected a cumulative deficit of ₹1,866.79 crore at the end of the financial year after he announced additional expenditure of ₹1,715.10 crore. Revenue deficit is expected to balloon to ₹16,910.12 crore while capital expenditure may nosedive during the pandemic year by as much as ₹12,546.17 cr

Trade and industry bodies hail Kerala s revised Budget - The Hindu BusinessLine

Trade and industry bodies hail Kerala’s revised Budget June 04, 2021 Stakeholders hope continuation of policies will instil confidence in people looking to invest in State The trade and industry bodies in Kerala have welcomed the State’s revised budget presented on Friday, saying that continuation of policies will instil confidence in the investors who are looking at Kerala as a destination. K.Harikumar, President, Cochin Chamber of Commerce & Industry, said the proposal to have a venture capital fund of ₹100 crore will enable aspiring entrepreneurs, who are otherwise not eligible for institutional financial support, to pursue their dreams and give a fillip to the startup ecosystem. This will also generate jobs for the future generations.

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