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Budget 2021: What time is Rishi Sunak delivering the Budget tomorrow?


Budget 2021: The Government has been forced to borrow billions (Image: Getty)
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The Chancellor has said he will use the Budget to “level” with the public about the challenges facing the economy and the need to pay back vast sums of borrowed billions.
According to reports, Mr Sunak is likely to announce some tax hikes – although whatever he does do will have to fit in with Conservative party manifesto pledges not to raise income tax, national insurance or VAT.
Some speculate he will instead raise corporation tax from its current level of 19 percent to 23 percent.
There are also reports he will freeze the personal income tax allowance, which usually rises in line with inflation, pushing many taxpayers into higher tax brackets and raking in about £6billion for HMRC. ....

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'Empty Budget': Farmers' Unions Allege Centre Gave Least Priority to Agriculture


Empty Budget : Farmers Unions Allege Centre Gave Least Priority to Agriculture
The share of agriculture and allied activities in the total budget fell from 5.1% last year to 4.3%.
Swaraj India President Yogendra Yadav at Ghazipur border in New Delhi, Friday, Jan. 29, 2021. Photo: PTI
Economy01/Feb/2021
Mohali: The unions which have been at the forefront of the farmers’ struggle against agri-marketing reforms for the last six months have expressed disappointment over the Union budget for agriculture presented today.
In a pre-budget and post-budget analysis, farmers’ leaders Yogendra Yadav, Avik Saha, Kavita Kuruganthi, Kiran Vissa and other agricultural experts said that the Union budget presented on Monday “has proved the farmers’ apprehensions right – that this government is on a path of withdrawing support to agriculture, not strengthening it.” ....

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Union Budget 2021 LIVE Updates | FM Sitharaman Delivers Budget "like Never Before" In COVID-19 Economy


February 02, 2021 / 10:52 PM IST
Union Budget 2021 Highlights | Committees on DTC were constituted in a certain context and with a certain intent in mind: CBDT chief
Union Budget 2021 LIVE: Union Finance Minister Nirmala Sitharaman on February 1 presented the Union Budget 2021 and revised the expenditure target for FY 2021 at Rs 34.50 lakh crore. She allocated Rs Rs 2,23,846 crore for health, Rs 1.18 lakh crore for road infra, Rs 1,10,055 crore for Railways, Outlay over Rs 3 lakh crore for power and set the divestment target for FY22 at Rs 1.75 lakh crore, among other things.
Budget 2021 LIVE Updates: Finance Minister Nirmala Sitharaman presented Union Budget 2021-22 on February 01. She used a tablet computer to deliver the paperless Budget address. This Budget assumes great significance as it comes amid the novel coronavirus pandemic, which has led to massive economic disruption ....

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Budget 2021 Utterly Disregards the Education Catastrophe Inflicted by COVID-19


Budget 2021 Utterly Disregards the Education Catastrophe Inflicted by COVID-19
Is it not amply clear that the fall-out from such persistent neglect of education is bound to create serious social and economic problems with long lasting effects?
Students wearing protective face masks are seen inside a classroom of a government-run school after authorities ordered schools to reopen voluntarily for classes 9 to 12, in Gurugram, India October 15, 2020. Photo: Reuters/Anushree Fadnavis
Education02/Feb/2021
‘No surprises’ seems to be the hashtag for this year’s budget, as echoed by the giants of Indian industry on TV channels, as they heave sighs of relief and project hope for an economic recovery. No surprises, because the government proceeded on a mostly business as usual plan, reiterating its commitment to privatisation – albeit more openly – focussing on incentives to corporates, including labour reforms, no COVID-19 cess and plenty of other p ....

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With Rs 60K Crore for FY'21-'22, FM Announces Jal Jeevan Mission's Urban Chapter

This announcement is crucial considering that this is the largest chunk allotted to the Mission yet. ....

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