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- Budget 2021 live updates: Budget for tourism ministry slashed by 19%; industry unhappy
THE TIMES OF INDIA | Feb 02, 2021, 07:13:41 IST
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Budget 2021 live updates: Budget for tourism ministry slashed by 19%; industry unhappy
Finance minister Nirmala Sitharaman provided a major boost to healthcare and infrastructure in Union Budget 2021. However, there was no change in Income Tax slabs this year. Stay with TOI for Union Budget 2021 live updates and highlights
14:57 (IST) Feb 01
This year's budget focuses on ease of living, says PM
14:57 (IST) Feb 01
Budget 2021 will spur growth, says Prime Minister Modi
14:56 (IST) Feb 01
PM Modi lauds 'Sabka' Budget, says it has boosted India's self confidence
14:55 (IST) Feb 01
PM Modi addresses nation after presentation of Union Budget 2021
14:53 (IST) Feb 01
Forget putting cash in the hands of people, Modi govt plans to handover India's assets to his crony capitalist friends: Rahul Gandhi on Union Budget
14:52 (IST) Feb 01
The government has given a boost to the housing sector and home-buyers. Additional deduction of interest amounting to Rs 1.5 lakh for a loan taken to purchase an affordable house has been extended by one more year to 31st March 2022. Affordable housing projects can avail a tax holiday for one more year till 31st March 2022.
14:48 (IST) Feb 01
We'd expected that since Budget is being presented in unprecedented times, we will see glimpses of an unprecedented measure. But this is an ordinary Budget in unprecedented times.
Adhir Ranjan Chowdhury, Congress
14:43 (IST) Feb 01
While presenting the Union Budget 2021-22, Sitharaman said that the metro rail network of 702 km is already operational across the country, and another 1,600 km of the metro rail network is under construction in 27 cities.
14:37 (IST) Feb 01
The FDI reforms point towards a self confident India, signaling to the world that India is ready for free and fair competition between global & domestic players.
Uday Kotak, President, CII
14:24 (IST) Feb 01
14:21 (IST) Feb 01
The emphasis on public spending on rural segment, public distribution, transport, and health are likely to boost growth potential in the medium term. Spending push is likely to provide support to key growth drivers.
Shashank Mendiratta, Economist, IBM, New Delhi
14:19 (IST) Feb 01
"A sharp jump in capital expenditure points to a firm medium-term push, but the onus of a delay in consolidation notwithstanding a cyclical recovery falls squarely on the ability to finance the gap.
Radhika Rao, Economist, DBS Bank, Singapore
14:17 (IST) Feb 01
India doubles healthcare spending, opens up insurance in "get well soon" budget
India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the pandemic.
14:11 (IST) Feb 01
Fiscal deficit for FY22 has been pegged at 6.8%. Sitharaman also proposed a sharp rise in capital expenditure of the government and provided Rs 5.54 lakh crore which is 34.5 per cent more than the budget estimate of 2020-21.
14:09 (IST) Feb 01
Gold futures fell more than 3 per cent following the surprise announcement in by Sitharaman.
14:07 (IST) Feb 01
The 'PM Atmanirbhar Swasth Bharat Yojana' will be launched with a total outlay of Rs 64,180 crore over a period of next 6 years. Sitharaman said that the main interventions under the scheme will support over 17,000 rural and 11,000 urban wellness centres.
14:04 (IST) Feb 01
The FM could have been brave but chose to be timid. The nation needed a bold budget and more direct transfers to the weaker sections to revive demand, restart job creation.
Congress leader Anand Sharma
13:58 (IST) Feb 01
Markets give thumbs up to Union Budget 2021: Sensex jumps over 2,000 points; Nifty above 14,200
13:49 (IST) Feb 01
I think everyone would be happy- from relieved to happy to excited - about the content of the budget but also the direction of the budget.
Uday Shankar, Ficci President
13:45 (IST) Feb 01
Agri infra cess of 100% imposed on alcoholic beverages
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