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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 Income Tax announcement Live new slabs, more exemptions under 80C, 80D

What is new income tax slab for 2021-22?
In the last few years, the Modi government has so far pushed for a rebate on all payable taxes but didn t change the slabs. In the previous Budget, Sitharaman had offered an optional lower rate of income tax to individuals as she introduced new tax slabs of 15 per cent and 25 per cent in addition to the existing 10 per cent, 20 per cent and 30 per cent. The new I-T slabs, which came into effect on April 1, 2020, are for individuals not availing of certain specified deductions or exemptions.
What is the 80C limit for 2020-21? ....

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Union Budget 2021: Nirmala Sitharaman proposes to increase FDI limit in insurance sector to 74%

Under the new structure, the majority of directors on the board and key management persons would be resident Indians, Nirmala Sitharaman said. ....

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Union Budget 2021 Live Updates: Nirmala Sitharaman Says This Budget Provides Every Opportunity For Recovery

Budget 2021 news updates: Nirmala Sitharaman delivers budget speech at parliament.
New Delhi:
Finance Minister Nirmala Sitharaman addressed parliament today with details of the Union Budget 2021, the first after a difficult year for the economy due to the COVID-19 pandemic. She announced foreign direct investment (FDI) hike in insurance to 74 per cent from 49 per cent with foreign control under safeguards. The Finance Minister has set a target of Rs 16.5 lakh crore as agricultural credit. Her budget speech comes after a difficult year for the economy due to the COVID-19 pandemic, which shut down businesses for months, leading to lost earnings, curtailed consumer spending and job cuts. The total impact of Atmanirbhar Bharat and measures by RBI was Rs 27.1 lakh crore, which amounts to 30 per cent of GDP, Ms Sitharaman said. 2021 is a year of many milestones, she said. ....

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Union Budget 2021 In Photos: Finance Min Sitharaman Presents First Paperless Budget on a Tablet

PHOTOGALLERY
Union Budget 2021 In Photos: Finance Min Sitharaman Presents First Paperless Budget on a Tablet
Here is the tablet that Union Finance Minister used to present the first paperless budget, in pictures.
Tech | News18.com | February 1, 2021, 11:54 am
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Union Finance Minister Nirmala Sitharaman presented the Union Budget in the parliament today. This year, just like last year, the Union Finance Minister broke away from the older tradition, in order to present the budget in a paperless form, on a tablet. Last year, Sitharaman had presented the Union Budget in a traditional Bahi Khaata , which was also a move away from the age-old tradition of the Budget arriving in a suitcase. (Image Credit: Twitter/ ANI) ....

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