Page 11 - Latest Updates on Budget Speech
India poised to truly be the land of promise, hope in post-Covid world: FM
Sitharaman on Monday asserted that India is well-poised to truly be the land of promise and hope in the post-Covid world
 "India poised to truly be the land of promise, hope in post-Covid world: FM")
Winners and losers: Who got what in India's pandemic budget
Finance Minister Nirmala Sitharaman had promised an unprecedented budget aimed at buoying the economy
 "Winners and losers: Who got what in India's pandemic budget")
Rs 1,500 cr-scheme to boost e-payments; drive innovation by fintech cos
The government on Monday proposed a Rs 1,500 crore-scheme to promote digital transactions in the country
 "Rs 1,500 cr-scheme to boost e-payments; drive innovation by fintech cos")
Budget 2021 can be a turning point in India's socialist orientation
The government focuses on developing infrastructure, dares to gamble on deficit.
 "Budget 2021 can be a turning point in India's socialist orientation")
FY22 disinvestment target at Rs 1.75 trn; financials a strategic sector
This includes two PSU banks and one general insurance company, in the next fiscal year beginning April 1
 "FY22 disinvestment target at Rs 1.75 trn; financials a strategic sector")
GIFT to Gujarat: Can the state become the next Ireland of aircraft leasing?
Companies already enjoy a 10-year tax holiday on income and profit in GIFT. Sitharaman's proposal to not tax capital gains incomes could further sweeten the deal for those wanting to exit Ireland
 "GIFT to Gujarat: Can the state become the next Ireland of aircraft leasing?")
Budget 2021 lays out road map for overhaul of state-run companies
The policy classifies central public-sector companies, banks and insurance companies into four strategic areas
 "Budget 2021 lays out road map for overhaul of state-run companies")
Budget 2021: Indian Railways gets Rs 1.1 trn budgetary support for FY22
FM says Railways has a National Rail Plan for India 2030, to create a future-ready rail system by 2030. Bringing down logistic cost for industry is at the core to enable Make in India
 "Budget 2021: Indian Railways gets Rs 1.1 trn budgetary support for FY22")
Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P
Budget 2021 LIVE: Finance minister Nirmala Sitharaman in her Union Budget 2021 speech announced a slew of taxation reforms but left personal income tax slab unchanged. Track Budget 2021 highlights
 "Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P")
Why grand policy statements in this 'never-before' like Budget are unlikely
In a CII event last year, Sitharaman said this time she shall offer a 'never before' like budget
 "Why grand policy statements in this 'never-before' like Budget are unlikely")
Major economic legislations to be considered during Budget Session
The Centre has lined up an intensive legislative agenda with over 20 bills for the Budget Session of Parliament
 "Major economic legislations to be considered during Budget Session")
LIVE: India took 'short-term pain' for long-term economic gain, says CEA
BUDGET SESSION 2021 LIVE UPDATES: Finance Minister Nirmala Sitharaman tabled Economic Survey today. Stay tuned for LIVE updates on Budget session of the Parliament
 "LIVE: India took 'short-term pain' for long-term economic gain, says CEA")
PM Modi to launch 'transparent' scheme tomorrow to honour honest taxpayers
In the Budget, Finance Minister Nirmala Sitharaman had announced that CBDT will adopt a "taxpayer charter" which will ensure trust between a taxpayer and the administration
 "PM Modi to launch 'transparent' scheme tomorrow to honour honest taxpayers")
Budget doesn't really enthuse
The allocation of Rs 12,824 crore in FY21 for the ministry of commerce and industry shows a reduction of Rs 875 crore from the revised estimates for FY20
 "Budget doesn't really enthuse")
Some Budget proposals prone to litigation, may give rise to tax disputes
Tax experts say one of the most dispute-prone proposals is making "fraudulent availing" of input tax credit (ITC), without an invoice or bill, a cognizable and non-bailable offence
 "Some Budget proposals prone to litigation, may give rise to tax disputes")
Speaking volumes
No one dissed Ms Sitharaman, with many opposition MPs swarming around her in concern as she faded out with two pages to read
 "Speaking volumes")
Financial groups: Focus shifts to their ability to boost parent's valuation
While lack of clarity on outlook of insurance business has weighed on valuations of parent firms, retail loan growth and fee income need to be closely watched
 "Financial groups: Focus shifts to their ability to boost parent's valuation")
Wanted to keep Budget Speech shorter but ended up breaking own record: FM
In July presenting her maiden Budget, Sitharaman had spoken for 2 hours 17 minutes
 "Wanted to keep Budget Speech shorter but ended up breaking own record: FM")
Podcast: T N Ninan and A K Bhattacharya dissect Budget 2020
Has Finance Minister Nirmala Sitharaman delivered a fiscally prudent and growth-oriented Budget 2020? Business Standard Chairman T N Ninan and Editorial Director A K Bhattacharya discuss
 "Podcast: T N Ninan and A K Bhattacharya dissect Budget 2020")
Top 10 biz headlines: Lower tax rates, LIC listing may take a year and more
From new tax regime proposed in the Budget to falling states' share in central tax pool, here are the top 10 business headlines for the day
 "Top 10 biz headlines: Lower tax rates, LIC listing may take a year and more")
