Union Budget: News

02 Feb 2021

Bollywood

Shatrughan Sinha 'unhappy' with film industry being ignored in Budget

Actor-politician Shatrughan Sinha is not pleased with the 2021 Union Budget, announced by Finance Minister Nirmala Sitharaman.

Nirmala Sitharaman increases outlay for AIIMS by Rs. 310 crore

The All India Institute Of Medical Sciences (AIIMS) took a bright spot in the Union Budget as Finance Minister Nirmala Sitharaman gave it an additional Rs. 310 crore.

02 Feb 2021

Farmers Protest

Farmers plan to block roads across the nation on Saturday

Agitating Farmers have announced that they will block state and national highways for three hours on February 6, Saturday, to lodge protest against three farm laws, suspension of internet services in select areas, as well as the Union Budget presented yesterday.

01 Feb 2021

Indian Railways

Budget 2021: Rs. 1.1 lakh crore plan for Indian Railways

Union Finance Minister Nirmala Sitharaman on Monday announced a record sum of Rs. 1.10 lakh crore for the Indian Railways in her Budget 2021 speech.

01 Feb 2021

Nirmala Sitharaman

Budget 2021: What gets more expensive and what gets cheaper?

Union Finance Minister Nirmala Sitharaman on Monday presented the Union Budget for the financial year 2021-2022.

01 Feb 2021

Narendra Modi

Budget 2021: Nirmala Sitharaman says government committed to farmers' welfare

While presenting her third Union Budget today, Finance Minister Nirmala Sitharaman said the government is committed to the development of farmers, while also assuring that procurement of produce at the minimum support price (MSP) will continue steadily.

01 Feb 2021

Vaccine

#Budget2021: Budget allocation for healthcare sector sees a 137% rise

With the COVID-19 pandemic still raging in India, healthcare has gained the prime focus in the Union Budget 2021-22 presented by Finance Minister Nirmala Sitharaman on Monday.

01 Feb 2021

Nirmala Sitharaman

Budget 2021: What is the voluntary vehicle scrappage policy?

During her Union Budget 2021 speech, Finance Minister Nirmala Sitharaman on Monday announced a voluntary vehicle scrappage policy.

01 Feb 2021

Nirmala Sitharaman

With eye on education, Sitharaman announces Central University, Sainik schools

In her annual Budget speech, Union Finance Minister Nirmala Sitharaman announced a slew of education-related measures, like setting up a Central University in Leh and the establishment of 100 new Sainik schools.

01 Feb 2021

Nirmala Sitharaman

Budget 2021: Infrastructure gets big boost

Union Finance Minister Nirmala Sitharaman on Monday unveiled India's first post-COVID-19 Union Budget for the financial year 2021-2022.

01 Feb 2021

Nirmala Sitharaman

#Budget2021: Senior citizens with only pension/interest income exempted from ITR

In her third Union Budget, Finance Minister Nirmala Sitharaman announced that senior citizens above 75, who rely only on pension and interests for income, will be exempted from filing Income Tax Returns.

01 Feb 2021

Startups

Budget 2021: Centre to incentivize incorporation of one-person companies

Finance Minister Nirmala Sitharaman has presented the much-awaited Union Budget 2021-22 on Monday at a time when the Indian economy strives to recover from the COVID-19-induced crisis.

01 Feb 2021

Air India

Union Budget 2021: Government to launch LIC IPO in FY22

In a major disinvestment push, Finance Minister Nirmala Sitharaman on Monday announced that the government plans to take control of two public sector banks and one general insurance company for stake sale in 2021-22.

01 Feb 2021

Lok Sabha

Union Budget 2021: Sitharaman announces Rs. 35,000 crore for vaccines

On Monday, Finance Minister Nirmala Sitharaman presented the Union Budget, her third one so far and the first one amid the coronavirus pandemic.

01 Feb 2021

Nirmala Sitharaman

Nirmala Sitharaman to present 'Budget like never before' shortly

At 11 am, Finance Minister Nirmala Sitharaman will present her third Union Budget. With the minister earlier declaring that this Budget "will be like never before," the expectations of a coronavirus-battered nation are already high.

27 Jan 2021

Red Fort

SFJ announces $350K reward for unfurling 'Khalistani flag' on Parliament

The banned pro-Khalistani group, Sikhs for Justice (SFJ), has announced a reward for unfurling the "Khalistani flag" on the Indian Parliament on February 1, when the Union Budget 2021-2022 will be presented.

19 Jan 2021

Reuters

India to hike import duties on smartphones, electronics, etc.: Report

India is reportedly considering a hike in import duties by 5-10% on smartphones, electronic components, and appliances among more than 50 items in the upcoming Union Budget.

14 Jan 2021

India

Union Budget 2021 on February 1: Here are key expectations

As India hopes to recover from the COVID-19-induced economic crisis, all eyes are now on the Union Budget for the upcoming financial year.

11 Jan 2021

Nirmala Sitharaman

COVID-19: Budget documents will not be printed this year

For the first time since 1947, the Union Budget documents will not be printed this year owing to the COVID-19 pandemic.

07 Jan 2021

India

India's 2020-21 GDP to shrink 7.7%, biggest contraction since 1952

India's economy is estimated to contract 7.7% in the fiscal year 2020-21, according to the first advance estimates released by the National Statistical Office (NSO), the Ministry of Statistics & Programme Implementation (MoSPI).

05 Jan 2021

Lok Sabha

Union Budget 2021-2022 to be presented on February 1: Report

The Union Budget for the fiscal year 2021-22 will be presented on February 1, sources were quoted as saying by PTI on Tuesday.

13 Oct 2020

Akshay Kumar

Cow dung chip, providing "protection from radiation," unveiled by government

In a bizarre turn of events, Rashtriya Kamdhenu Aayog (RKA) Chairman Vallabhbhai Kathiria unveiled a chip made of cow dung on Monday announcing that it reduces harmful radiations from mobiles.

02 Mar 2020

Apple

These iPhone models have become expensive in India

Apple has increased the prices of some iPhone models in India so as to offset the increase in basic customs duty announced in the Union Budget 2020.

01 Feb 2020

Nirmala Sitharaman

Old vs new tax regime: Which one is better?

Finance Minister Nirmala Sitharaman on Friday presented the Union Budget for the fiscal year 2020-21.

5 big takeaways of Nirmala Sitharaman's budget you should know

Finance Minister Nirmala Sitharaman presented her second Union Budget at a time when the Indian economy is struggling, raising concerns among world bodies like the International Monetary Fund (IMF).

Budget 2020: Government to sell LIC holdings through IPO

Announcing the Union Budget 2020-21 on Saturday, Finance Minister Nirmala Sitharaman said that Life Insurance Corporation of India will now be listed on stock exchanges.

01 Feb 2020

Nirmala Sitharaman

Union Budget 2020: New I-T Regime lowers tax, removes exemptions

In a major development, Finance Minister Nirmala Sitharaman introduced a new simplified tax regime, which is available for those willing to opt out of exemptions and deductions.

01 Feb 2020

Parliament

Union Budget 2020: Marriageable age for women to be revisited

In what shows the government's intent towards improving the lives of women, Finance Minister Nirmala Sitharaman said the government wants to revise the marriageable age of women, which is set at 18 currently.

01 Feb 2020

Narendra Modi

Budget 2020: Nirmala Sitharaman reveals three themes of Budget

As she rose to present her second Union Budget today, Finance Minister Nirmala Sitharaman said the budget for the financial year of 2020-21 revolves around three themes: Aspirational India, Economic development for All, and building a Caring society.

31 Jan 2020

Manmohan Singh

Taking a look at Union Budgets that changed India forever

Finance Minister Nirmala Sitharaman will present her second Union Budget tomorrow, amid high hopes that her announcements will steer the country's economy, which is witnessing a historic slump, towards the right direction.

31 Jan 2020

India

For 2020-21, Economic Survey pegs India's growth at 6-6.5%

A day before Finance Minister Nirmala Sitharaman will present the Union Budget, the Economic Survey was tabled in the Parliament today.

Will prices of onion, tomato, potato go down? It's unlikely

Onion, tomato, and potato are the most prominent vegetables used across India, but a hike in their prices negatively affected household budgets.

30 Jan 2020

Coimbatore

Do you know who presented independent India's first Union Budget?

In a couple of days from now (February 1 to be exact), Union Finance Minister Nirmala Sitharaman will present the budget.

20 Jan 2020

India

Indian billionaires hold more wealth than full-year Budget, finds report

In a glaring reminder of income inequality, a new study has found that the total wealth of India's 63 billionaires exceeds the Union Budget of India for the fiscal year 2018-19.

17 Jan 2020

India

Budget 2020: What to expect? When will it be presented?

With the economy in crisis, all eyes are on the upcoming Union Budget for the fiscal year 2020-21.

15 Jan 2020

Bank Strike

Bank unions announce nationwide strike on Jan 31, Feb 1

Bank employee unions on Wednesday announced a two-day nationwide strike starting January 31.

24 Aug 2019

India

Filing your Income Tax return (ITR)? Know these points

August 31, 2019 is the last date to file your Income Tax return (ITR).

17 Jul 2019

India

#FinancialBytes: Now, use Aadhaar instead of PAN for these transactions

Earlier this month, Union Finance Minister Nirmala Sitharaman presented her and the new Central government's first budget.

PAN not linked with Aadhaar? It will soon get deactivated

If your PAN is not linked with Aadhaar, it might get deactivated soon.

10 Jul 2019

Anurag Thakur

Now, get an e-PAN within 10 minutes: Here's how

In a bid to make it easier and faster to get new Permanent Account Number (PAN) card, the Income Tax department has come up with a plan, under which e-PAN (electronic PAN) cards shall be allotted to applicants instantly, ie. within 10 minutes.