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How Budget 2021 has reduced taxpayers’ rights

Consequently, settled judicial precedents that reopening of cases cannot be on the basis of ‘change of opinion’ has now become irrelevant. By TV Mohandas Pai & S Krishnan The Budget FY22 presented by finance minister Nirmala Sitharaman on February 1, 2021, was commendable for various reasons—not imposing additional tax burden on taxpayers, substantially increasing capital …

Budget 2021: Will help the poor, will spur growth, says FM

Sitharaman also countered the allegation that the Budgetary estimates are “suspect”. Indian Union Budget 2021-22: Finance minister Nirmala Sitharaman on Friday slammed the Opposition for trying to create a “false narrative” of the Budget for FY22 being “crony-centric”, listing out a raft of measures to suggest the government, on the contrary, has championed the cause …

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Union Budget 2021 incentive to tea workers in Assam, West Bengal: What’s so special about tea in these states?

Here’s what is special about the tea which comes from Assam and West Bengal! (Image: Tea Board of India) Tea gardens in Assam, West Bengal: During her Union Budget 2021 speech, Union Finance Minister Nirmala Sitharaman announced that the Centre would devise a scheme for the welfare of the tea workers, especially women and children, …

Union Budget 2021: FM Nirmala Sitharaman strikes balance between fiscal prudence and growth

In this backdrop, the Union Budget for 2021-22 has turned out to be well-articulated. By N Sivaraman, Indian Union Budget 2021-22: The uncertainty generated by the Covid-19 pandemic had created exceptionally elevated expectations from the annual budgeting exercise. In this backdrop, the Union Budget for 2021-22 has turned out to be well-articulated. Its unwavering focus …

Budget 2021: Government sheds fiscal conservatism, execution of divestment plan remains crucial

While the primary focus was on urban infrastructure spending, an increased allocation of Rs 40,000 crores to the Rural Infrastructure Development fund will have a significant impact on the agritech players. By: Nikhil Kamath The budget saw the government provide the much-needed fiscal push for economic growth. The equity markets cheered the budget announcements zooming …

Budget 2021: Government’s focus on supply-side to kick-start economic growth; more job creation on cards

The Union Budget 2021-22 primarily focusing on the supply side aiming to kick-start growth in the economy, it will create the environment of increased employment By Jagadish Shettigar, Pooja Misra Union Budget 2021: With BSE Sensex skyrocketing 2050 points and investor’s wealth seeing a jump post the announcement of the Union budget 2021-22 it is …

Union Budget 2021: Expansionary & progressive Budget

‘Introduction of PM Atmanirbhar Swasth Bharat Yojana in addition to the National Health Mission is commendable.’ By Dilip Oommen I would like to applaud the honourable finance minister Nirmala Sitharaman for presenting a truly expansionary and progressive Budget, striking a right balance between welfare and growth without being constrained by the fiscal deficit. Encouraging macro …

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