Page 30 - Budget

30 years of economic reforms: Here's a look at the broad contours of change

The pace of changes in the first 100 days of a minority govt remains unparalleled till today

Best of BS Opinion: RIL's mega green push, India's securities mkt & more

Here are the best of Business Standard's opinion pieces for Friday

Securities market: On the cusp of change

Para 68 of the Budget announcement of 2021, exactly 30 years after 1991, could be the beginning of the next round of financial sector reforms

Andhra Pradesh Assembly to hold budget session today; TDP to boycott

A single-day budget session of the Andhra Pradesh Assembly is scheduled to be held on Thursday

For second year in a row, Andhra govt brings out budget through ordinance

For the second year in a row, the Andhra Pradesh government on Sunday brought out the state Budget in the form of an Ordinance

Statsguru: From Bihar to West Bengal, a peep into state Budgets

To keep their expenditure at the desired levels at a time of significant revenue losses, all states have expanded their fiscal deficits - similar to what the Centre did last month

Haryana govt presents Rs 1.55-trillion Budget; focus on agri, health

Chief Minister Manohar Lal Khattar, who also holds the finance department portfolio, presented his second Budget in the State Assembly

AAP budget aims at raising per capita income at par with Singapore by 2047

The Delhi government's 2021-22 budget aims at economic recovery post COVID-19 pandemic and strives to raise per capita income of the national capital to the level of Singapore by 2047. The proposed budget estimates at Rs 69,000 crore is the highest so far in Delhi, despite the effect of COVID-19 pandemic on the government's resources. Presenting the budget in the Delhi Assembly on Tuesday, Deputy Chief Minister Manish Sisodia said it is 6.15 per cent higher than the Rs 65,000 crore budget in 2020-21. The government highlighted that Rs 37,800 crore or 55 per cent of the budget estimates will be redirected towards subsidy schemes, social security and other pro-people programmes. "Under previous governments in Delhi, establishment costs used to be around 70-80 per cent. In our budget, establishment costs are only 45 per cent which means 55 per cent of it can be redirected towards subsidy schemes and programs such as social security and other pro-people measures, Chief Minister Arvind

Nothing new in Budget, attempt to appropriate Central schemes: Fadnavis

Fadnavis on Monday said the MVA government's Budget only attempts to appropriate the Centre's ongoing schemes rather than introducing fresh projects

A change in direction

After years of disappointing growth, the economy and the markets are poised for a breakout

Rajasthan budget: Cong calls it welfare-oriented, BJP says disappointing

The ruling Congress in Rajasthan welcomed the state budget presented on Wednesday by Chief Minister Ashok Gehlot as a welfare-oriented one while the opposition termed it disappointing. Congress leaders said every section has been appropriately focused in the budget. The BJP leaders, though, said it did not live up to the expectations of people. Health Minister Raghu Sharma praised the budget, saying that it is an unprecedented one for overall development. He said the budget dedicated to health will fulfill the dream of a healthy Rajasthan. Sharma said several innovations in medicine and health have been announced in the budget. We will present a unique example in the country by bringing a bill to provide the Right to Health to All. He described the Universal Health Care scheme as unprecedented from the point of view of health rejuvenation at a cost of Rs 3,500 crore from the upcoming financial year. Under this scheme, each family in the state will get the benefit of a medical ...

BMC unveils Rs 39,038 crore budget, keeps tax structure unchanged

The Brihanmumbai Municipal Corporation (BMC) on Wednesday unveiled Rs 39,038.83 crore budget for the year 2021-22. In a relief to citizens, no additional civic tax or licence fee was proposed in the budget by the BMC, the country's richest civic body that goes to polls early next year. The BMC said in the budget that its revenue collection declined due to "the decisions taken to combat COVID-19 and to provide relief measures for different sectors affected by it". It said its property tax collection was "adversely affected" due to the pandemic and the resulting lockdown. The total budget estimates for the next financial year are 16.74 per cent more than the last fiscal when it had presented a budget of Rs 33,441 crore. Municipal commissioner I S Chahal, who presented the budget before to the standing committee, kept the civic taxes and licence fees unchanged. "There is no additional tax and charge in the budget," he said while talking to reporters after its ...

'Made in India' tablet replaces 'bahi-khata' as Budget 2021 goes digital

In a significant change amid digitalisation, Finance Minister Nirmala Sitharaman this year unveiled a 'Made in India' tablet replacing the traditional briefcase before presenting Budget 2021

Budget 2021 wishlist: What these nine sectors want from FM Sitharaman

Listen to the podcast to know the Budget 2021-22 expectations of various sectors

East Delhi Municipal Corporation panel rejects new taxes proposed in budget

The Standing Committee of the cash-strapped EDMC on Monday rejected the three new taxes, including a professional tax and a betterment tax, proposed in its annual budget to augment its revenue

Tips to ride market volatility & sectors to invest in ahead of Budget 2021

Listen to the podcast to know how one should play this volatile market ahead of the Budget presentation, scheduled on February 1, 2021

Budget 2021-22: CII suggests road map towards competitive import tariffs

Industry body CII has suggested a graded road map towards competitive import tariffs over three years

Bank Investment Company may be approved in upcoming Budget, finally

A key question is how the BIC is to be funded. To start with, it may have to be a wholly-owned government entity

Budget 2021 will address woes of affected sectors, says Finance Secretary

AJAY BHUSHAN PANDEY says litigants in more than 96,000 appeals - involving disputed amounts of Rs 83,000 crore - have opted for the Vivad Se Vishwas scheme, which has been extended by a month

Best of BS Opinion: Two steps to boost broadband usage, Budget 2021 & more

Here's a selection of Business Standard opinion pieces for the day