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HomeTag: Union Budget 2021

Income Tax Alert! Employees Provident Fund, LTC to ITR Filing rules – 10 big changes to know before April 1

Representative image/Pixabay March 31 is an important date for income taxpayers in India as a number of changes are going to kick in from April 1. While some of these changes are according to the announcements made by Finance Minister Nirmala Sitharaman in Union Budget 2021, some others are important tasks that taxpayers should complete …

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Sensex, Nifty surge over 10% so far in Feb’21; watch these key support, resistance levels for Nifty next week

During the week before the Union Budget, markets witnessed a 6.5 per cent correction. Image: Reuters Indian benchmark indices BSE Sensex and Nifty 50 gained nearly one per cent in the post Budget week. Since the Union Budget 2021 presentation to date, headline indices have surged over 10 per cent. During the week, the broader …

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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, …

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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 …

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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 …

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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 …

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Home First Finance IPO listing day strategy: Grey market premium soars; book gains or hold shares?

Home First Finance Company is a technology-driven affordable housing finance company, which focuses on first-time home buyers in low and middle-income groups The Rs 1153.72-crore Home First Finance Company initial public offer, which saw 26.66 times subscription, is scheduled to make share market debut on Wednesday. The issue had received bids for 41.64 crore shares …

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Union Budget 2021: Bits and pieces for travel and tourism sector

Tourism sector primarily has two schemes – PRASAD and Swadesh Darshan – both of which have been continued this year. By S.N.M.D. Sarkar,  Indian Union Budget 2021-22: Union Budget 2021 upholds well-planned framework to boost the travel sector. A whopping allocation of Rs 2,83,846 crore for healthcare, which is around 137 per cent higher than …

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‘Budget 2021 measures for MSMEs, startups will pave their ways for higher role, growth, and employment’

The strengthening of Atmanirbhar Bharat and PLI schemes will go a long way in proliferating many domestic manufacturing and processing industries. By Samir Sheth Indian Union Budget 2021-22 extended the eligibility of claiming tax benefits for startups by one more year to 31 March 2022. On similar lines to promote investments in startups, capital gains …

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