Thu, Dec 05, 2024
Finance Minister Nirmala Sitharaman will start pre-Budget consultations with various stakeholders beginning Friday as part of Budget making exercise.
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In the revised budget estimates for 2024-25, the Chief Minister Atishi-led Delhi government has increased the budget outlay to Rs 77,700 crore. The actual budget estimate of Delhi is Rs 76000 crore.
Tue, Dec 03, 2024
This would be the second full budget of the Modi 3.0 government, which is going to give policy direction for achieving the goal of Viksit Bharat (developed India) by 2047.
Thu, Feb 04, 2021
Rahul Arora says target of Nifty could be in the range of 15000 – 15500, he said looking at the current Bull Run and market sentiment it seems that this target could be achieved before March 21. Markets slipped a bit prior to Budget, which was a good sign rather than being at life highs, because the downside risk would have been far more in case if the Budget was mediocre.
Wed, Feb 03, 2021
TV Somanathan, Expenditure Secretary and Tuhin Kanta Pandey, DIPAM Secretary, talks about COVID-19 vaccination expenditure, divestment target for 2021-22, allocation to the healthcare sector and among others during an exclusive interview with Swati Khandelwal, Zee Business.
Tue, Feb 02, 2021
'This is a very revolutionary budget, the market is joyful with some radical allotments by the govt towards industrial sector', says Chandrajit Banerjee, DG, CII in an exclusive conversation with Zee Business.
Budget 2021: Why has the ITC stock price been rising for the last two trading sessions? What has impacted the price, the most after the Budget 2021 announcements? Zee Business’ Senior Research Analyst Varun Dubey gives this interesting analysis
Zee Business Managing Editor Anil Singhvi spoke to Swami Ramdev in an exclusive chat to know about what Yoga Guru thinks about Budget 2021, presented yesterday by FM Nirmala Sitharaman. As FM announced measures for agriculture, health care and infrastructure sectors, the Market Guru asked the Yoga Guru on what he thought were the high points for agriculture sector, especially
Minister of Finance and Corporate Affairs, Nirmala Sitharaman, speaks about the budget and idea behind it, what it carries for the common man - particularly the middle class, expenditure that has been lined up, disinvestment and strategic sales of the PSUs and share market among others during an interview with Swati Khandelwal, Zee Business.
As per the need of the hour, Union Budget FY22 delivered by being expansionary and provided a counter-cyclical fiscal policy with focus on reviving growth while ensuring adequate resources for tackling the pandemic by expanding the fiscal deficit to a higher than expected level of 9.5% for FY21 and 6.8% for FY22.
The Union Budget FY22 did not allow a good crisis to go to waste. Making up for the lack of a decisive fiscal stimulus in 2020, the budget has simultaneously rolled out uncluttered measures to stimulate investment, especially in infrastructure, healthcare, financial and select manufacturing sectors, and signalled progressive withdrawal of government from commercial activities.
The Sensex zoomed over 750 points and the Nifty crossed the key 14,500-level in the opening session on Tuesday, a day after the Union Budget which outlined a slew of measures to pull the economy out of the pandemic-induced slump.
The Union Budget 2021-22 highlights a significant shift in the government’s fiscal policy stance. Growth has taken precedence over fiscal prudence and the government proposes to substantially increase outlay for healthcare, infrastructure development & other capital expenditure programs. The Union Budget proposes pragmatic measures to raise resources through aggressive privatisation and monetisation of assets of public sector entities.
The central government announced a much larger than expected fiscal deficit for FY21 and FY22, though some of it is led by conservative tax revenue estimates 4The focus on health and capital spending amidst tax policy stability is welcome. But the challenge of fiscal consolidation over the medium term cannot be ignored.
CARE Ratings highlights that the Union Budget announced yesterday is indeed a landmark budget and probably took the nation by surprise. The FM has taken a bold step of not procrastinating crucial expenditure at a time when the fiscal deficit is already running very high and additional sources for revenues appeared to be very limited.
In a bold move the honourable finance minister, Nirmala Sitharaman, delivered a pro-growth budget. Spearheaded by government spending on long term projects including infrastructure, the government aims to get the economy out of the Covid shadow. The budget also aims to build on the work done during the lockdown in supporting growth and making structural reforms.
On 1st February 2021, the Finance Minister, Nirmala Sitaram presented to the Indian Parliament the Budget for the year 2021. The Budget focused on the country’s economic recovery from COVID- 19 pandemic, through the extension of the scheme given to pandemic affected business as well as the extension of the government schemes.
HDFC Securities highlights that FY22 budget had a clear and decisive agenda, reviving and driving economic growth. It belied all fears with no additional significant direct or indirect tax measures, which came as a positive surprise and a much-needed relief, which would improve sentiment and boost growth. Unlike typical budgets, there were no hidden additional taxes, which usually tempers down the initial euphoria. Tax collections and divestment targets also seem to be more realistic and achievable.
Right at the outset, IIFL Chairman Nirmal Jain said 'Congratulations' to everyone over Budget 2021 proposals. The reason behind it was that this Budget is not only good for India but also for the citizens of India. Market participants were worried about taxation issues in the form of Covid Tax, Wealth Tax, Long term capital gains tax or super-rich tax.
Mon, Feb 01, 2021
In the Budget, Nirmala Sitharaman announced scrappage policy. Transport Minister Nitin Gadkari talks about the situation and policies of the auto sector.
In an exclusive conversation with Zee Business, Finance Minister Nirmala Sitharaman said that spending in Health, Agri Sector will provide employment to the common man, will also remove skills shortage for employment.
Know from the experts how the budget will affect your pocket, where is the new tax applied and where's the relief?
Nirmala Sitharaman announced a cess on certain items, including petrol, diesel, gold, and some imported agricultural products in an attempt to boost agriculture infrastructure. Watch the video to know more.
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