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Budget 2021: Hits & Misses


Budget 2021: Hits & Misses
Check out the Hits & Misses of the Union Budget 2021-22 in this quick chat with Mr Dilip Oommen, CEO, ArcelorMittal/Nippon Steel India and Moneycontrol s Prince Thomas
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Union Budget 2021: Govt Removes Mobile Manufacturing Exemptions, 'Some Parts' to Face 2.5% Duty


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Union Budget 2021: Govt Removes Mobile Manufacturing Exemptions, Some Parts to Face 2.5% Duty
Finance Minister Nirmala Sitharaman has said that the move is being undertaken for greater domestic value addition, as the mobile manufacturing industry of India continues to grow.
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Domestic manufacturing of electronics have grown exponentially, and India is now even exporting mobile phones and chargers to other markets, said Finance Minister Nirmala Sitharaman at her Union Budget 2021 speech earlier today. In conjunction, Sitharaman announced that as the government targets greater “domestic value addition”, “some parts” of the mobile manufacturing process will be imposed with a 2.5 percent duty going forward, instead of the fully exempted taxation in this sector so far. ....

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This Year's Union Budget Is All Digital With Made In India Tablet As Out Goes The Bahi Khata


»This Year’s Union Budget Is All Digital With Made In India Tablet As Out Goes The Bahi Khata
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This Year’s Union Budget Is All Digital With Made In India Tablet As Out Goes The Bahi Khata
Finance Minister Nirmala Sitharaman seen carrying a tablet for a paperless budget on Monday. ANI photo
The use of a Made In India tablet is a dual push for digitization as well as the Atmanirbhar Bharat push along with the Made in India initiative. Earlier, the government rolled out the Union Budget app for smartphones that will allow users to follow the budget updates on their phones. ....

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BREAKING: No change in tax slabs, PPF limit, Sec 80C exemption in Budget 2021


No change in tax slabs, PPF limit, Sec 80C exemption in Budget 2021
Budget 2021: No changes in ncome tax slabs, PPF limit, Section 80C exemption were announced by the Finance Minister
Anwesha Madhukalya | February 1, 2021 | Updated 17:03 IST
Budget 2021: No change in income tax slabs
Going against the expectations of salaried class, Finance Minister Nirmala Sitharaman did not announce any major alteration in personal taxation in Budget 2021 . There were no changes in income tax slabs, PPF limit, Section 80C exemption. This comes despite experts asking for increased money in the hands of the salaried class to boost consumption.
The Finance Minister, however, gave some relief to senior citizens. Senior citizens of 75 years and above who only have pension and interest income will not be required to file returns. The Finance Minister also offered relaxation to home buyers by announcing the extension of Rs 1.5 lakh deduction on payment of interest for affordable ....

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