Budget Expectations

Union Budget 2021-22: EV Makers Seek Lower GST, Import Duty Cut

Edited by Preetam Bora | Friday January 29, 2021

Electric vehicle manufactures are seeking extension of the FAME-II scheme, lower GST and import duty cuts to accelerate growth of the segment.

Budget 2021: Budget Aiming To Revive Economy With Limited Fiscal Headroom

Business | Edited by Nirmalya Sen | Monday February 1, 2021

Budget 2021: The finance minister is also expected to announce plans to fix the recurring problems in the banking sector, including the creation of a new infrastructure development bank and a bad bank

Invest In Climate-Resilient Infrastructure, Low Carbon Technologies, Say Experts

Business | Edited by Nikita Prasad | Thursday January 28, 2021

Budget 2021: The availability of financing options for projects under implementation as a part of the National Infrastructure Pipeline (NIP) is also expected to be announced in the budget

Health Insurance Firms Seek Increase In Limit Of Tax Deduction In Section 80D

Business | Edited by Nikita Prasad | Thursday January 28, 2021

Budget 2021: The budget allocation for the healthcare sector could be around two per cent to 2.25 per cent of the gross domestic product (GDP), according to Brickwork Ratings

Here's What Tax Experts Seek From Budget 2021 For The Common Man

Business | Edited by Nikita Prasad | Monday February 1, 2021

Budget 2021: Individual taxpayers and the middle-class expect reduced GST rates in various sectors, and increased deduction for the interest on home loans from the taxable income

RBI May Explore Cryptocurrency Operations: What Experts Seek From Budget

Business | Edited by Nikita Prasad | Monday February 1, 2021

Budget 2021: The Reserve Bank of India is exploring the possibility as to whether there is a need for a digital version of fiat currency, according to its recent booklet on payment systems

Budget 2021: As India Unveils Budget, Watch Farm Stocks, Automakers, Banks

Business | Ronojoy Mazumdar, Bloomberg | Monday February 1, 2021

Analysts believe that tax cuts, higher capital expenditure and greater spending on infrastructure projects -- which tend to support low-income earners -- hold the key to unlocking demand for goods and services

Budget 2021: Defence Allocation Expected To Be Hiked To Sanitise Neighbourhood

Business | Edited by Nirmalya Sen | Monday February 1, 2021

Budget 2021: China and Pakistan are likely to prompt more money allocation for the defence forces for the second straight year

Budget 2021: Extend Ayushman Bharat Scheme For Pandemic Support, Says IMF

Business | Press Trust of India | Monday February 1, 2021

Budget 2021: IMF's Chief Economist Gita Gopinath has favoured the extension of pandemic support measures, thrust on investment in infrastructure, and divestment path for commercially viable companies

COVID Cess, Increase Section 80C Limit: What Financial Planners Want From Budget 2021

Business | NDTV | Monday February 1, 2021

Budget 2021: Experts believe that COVID cess may be made applicable to higher income brackets individuals or business with specified turnovers

Budget 2021: Economy To Get Shot In The Arm From Budget, Say Economists

Business | Reuters | Monday February 1, 2021

Budget 2021: India's Union budget, due on February 1, would help a significant economic recovery in financial year 2021-22 and has already sent stocks to record highs

Budget 2021: India Needs Technology-Friendly Tax Policy, Says Deloitte India

Business | Edited by Nirmalya Sen | Monday February 1, 2021

Incentivising R&D in technologies such as AI, ML and Blockchain could help leverage India's niche and cost-effective science and engineering talent to build its strategic capabilities

Budget 2021: Startups Seek Cuts In GST Rates, Suspension Of Basel Norms

Business | Edited by Nikita Prasad | Monday February 1, 2021

Budget 2021: Cuts in GST rates, suspension of basel norms for three years, and measures to increase foreign investments are some demands which experts seek for the startup industry

Budget 2021: Government Must Bridge Digital Divide, Abolish 18% GST Levied On Education

Business | Edited by Nikita Prasad | Monday February 1, 2021

Budget 2021: While the government had given signals of the GDP allocation towards the sector to be at six per cent of GDP, experts demand that the allocation should increase to 10 per cent

Budget 2021: Defence Sector May Receive Higher Budgetary Allocation, Says HDFC Securities

Business | Edited by Peter Noronha | Monday February 1, 2021

The central government had hiked the defence budget by six per cent last year; an amount of Rs 4,71,378 crore was allocated to the defence sector, which included expenditure on salaries and pensions.