Budget 2021

Union Budget 2021: List of items that will be cheaper and dearer now

Union Finance Minister Nirmala Sitharaman on Monday unveiled the Union Budget for the fiscal year 2021-22 that aims to shore up an economy badly-hit by the novel coronavirus pandemic. Based on the announcement made by FM Nirmala Sitharaman, the following items will now become Costlier ( Electronics item, Mobile, Mobile Charger, Leather shoe, Kabuli chana) and Cheaper (Iron & Steel, nylon clothes, copper items, Insurance, Electricity, steel utensils & gems).

Feb 01, 2021, 14:07 PM IST

Union Budget 2021: No tax on start up till 31 March 2022

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 13:48 PM IST

Union Budget 2021: Agri cess of Rs 2.5/litre on petrol, Rs 4/litre on diesel

The last few increases in pump prices in petrol and diesel has taken its price to record levels across the country in all major metro cities and other towns. The last time the retail price of auto fuels were closer to current levels was on October 4, 2018 when crude prices had shot up to $80 a barrel.

Feb 01, 2021, 13:43 PM IST

Union Budget 2021: A general insurance company will be privatized

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 13:40 PM IST

Union Budget 2021: 22 thousand crore rupees to be invested in government banks

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 13:14 PM IST

Union Budget 2021: Ujjwala scheme will add 1 crore more people

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 13:10 PM IST

Union Budget 2021: FM Nirmala Sitharaman allocates Rs 1.15 lakh crore package for Indian Railways; check key announcements

In terms of priorities, Sitharaman announced the commissioning of Eastern and Western Dedicated Freight Corridors and basically the whole idea is to bring down the cost of logistics to promote Atma Nirbhar Bharat. Both the corridors will be commissioned by June 2022.

Feb 01, 2021, 13:09 PM IST

Union Budget 2021: Government will sell Air India

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 13:08 PM IST

Budget 2021: Finance Minister Nirmala Sitharaman recalls Indian cricket team’s win over Australia in speech

India’s performance drew widespread praise from the cricketing world with Rahane being lauded for his attitude, poise and captaincy. Beyond the world of cricket, the praises have continued to pour in with the likes of Prime Minister Narendra Modi recalling the performance during his Mann Ki Baat programme. 

Feb 01, 2021, 13:03 PM IST

Union Budget 2021: Major disappointment for individual taxpayers! No change in tax slab

In FMs's other major announcements under taxation, Sitharaman said that the government proposes to make income tax appellate tribunals faceless. It will set up national income tax appellate tribunal centre. The government has also cut timeline for reopening of tax cases to 3 years from 6 years.

Feb 01, 2021, 13:02 PM IST

Union Budget 2021: Senior citizens above 75 years get this major exemption

Among several key announcements made by Union Finance Minister Nirmala Sitharaman in the Union Budget 2021-22, the senior citizens above 75 years with only pension income have been exempted from filing Income Tax returns. Reading out the Union budget 2021-22 through a 'Made in India' tab, Finance Minister Nirmala Sitharaman extended tax benefits to senior citizens, above the age of 75. 

Feb 01, 2021, 12:54 PM IST

Union Budget 2021: 74% foreign investment in insurance companies

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 12:42 PM IST

Union Budget 2021: New national rail scheme will be launched

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 12:30 PM IST

Union Budget 2021: Sensex rises nearly 900 points, NSE Nifty at 13,900 levels

The stock market is continuously cheering the big infrastructure projects, disinvestment and other investment-related initiatives announced by Union Finance Minister Nirmala Sitharaman in her Union Budget 2021 speech on Monday. The BSE Sensex shot up around 902 and hit 47,188 levels while the NSE Nifty hit 13,866 logging 251 points intraday gain. Sensex surged nearly 443 pts to 46,728.83 in opening trade ahead of Union Budget presentation, while the Nifty traded at 114.85 points at 13,749.45.

Feb 01, 2021, 12:27 PM IST

Union Budget 2021: 3500 KM of new national highway to be built

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 12:20 PM IST

Union Budget 2021: Customers can now choose the power companies of their choice

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 12:18 PM IST

Union Budget 2021: FM Nirmala Sitharaman emphasizes on six pillars of economy in her speech

Sitharaman, who had in her first budget in 2019 replaced leather briefcase that had been for decades used for carrying budget documents with a traditional red cloth 'bahi-khata', had earlier this month stated that the budget for the fiscal year beginning April will be "like never before".

Feb 01, 2021, 12:08 PM IST

Union Budget 2021: Rs 2.87 lakh cr outlay for ‘Jal Jeevan Mission,’ announces FM Nirmala Sitharaman

The Narendra Modi government on Monday announced the ‘Jal Jeevan Mission’ with an outlay of Rs 2.87 lakh crore for 4,378 urban local bodies. Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman further said that the ‘Swachh Bharat 2.0’ will be implemented with an outlay of Rs 1,41,678 crore over a period of five years. In order to boost manufacturing in India, the Finance Minister also announced a production linked incentive (PLI) scheme with an outlay of Rs 1.97 lakh crore for 5 years starting this fiscal.

Feb 01, 2021, 12:07 PM IST

Union Budget 2021: 7 Textile Parks to be built in 3 years

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 12:06 PM IST

Union Budget 2021: Allocation of 35 thousand crores for Covid vaccine

Finance Minister Nirmala Sitharaman is presenting the union budget 2021 in Parliament.

Feb 01, 2021, 12:04 PM IST