




What's the economic roadmap? What does budget 2021 mean for your money? What does budget 2021 hold for you? Find all the details on one platform - www.moneycontrol.com
The Centre and Reserve Bank of India (RBI) have together provided a total fiscal stimulus of Rs 29.87 lakh crore until November, as per the FM. Find what Indians want from Budget 2021.
The Centre is considering easing NPA classification period to between 120-180 days from 90 days, thus making permanent a measure adopted during the pandemic and the nationwide lockdown, a top government official told Moneycontrol. The person added that such a move would require legislative changes.
While the first doses of the COVID-19 vaccine could be available within weeks for emergency use, here are some of the demands of senior citizens from Budget 2021.
The poll was conducted by the Confederation of Indian Industry (CII), India’s oldest and largest industry body, exclusively for Moneycontrol. It took responses from more than 80 CEOs of the country’s top business houses. In it, the corporate honchos laid down their expectations from the government in and beyond the Union Budget 2021-22, as well as their thoughts on the economy in 2021.
Healthcare, education, MSME - among so many other sectors - have high hopes from Finance Minister Nirmala Sitharaman. Experts from these segments talk about their expectations and wishlist. Watch the video to know more.
Finance Secretary Dr AB Pandey, DEA Secretary Tarun Bajaj and CEA Krishnamurthy Subramanian also attended the meeting.
Watch the video to catch the highlights of the Rs 2.65 lakh-crore fiscal stimulus package announced by Finance Minister Nirmala Sitharaman.
The Cabinet-approved plan offers momentum to manufacturing. Find out more about the 10 champion sectors under the production-linked incentive (PLI) scheme here.
Atmanirbhar Bharat 3.0 package announced on November 12, under which 12 measures amounting to Rs 2.65 lakh crore were listed
Moneycontrol had on November 11 reported that the stimulus package will focus on employment generation and incentives for stressed sectors.
"Additional borrowing permission has been granted at 0.5 percent of the Gross State Domestic Product (GSDP) to those states who have opted for option 1 out of the two options suggested by the Ministry of Finance to meet the shortfall arising out of the Goods & Services Tax (GST) implementation," the government said
Watch the video to find out what transpired at the third straight GST Council meeting on compensation cess
Increased borrowing costs is not something that the government can afford at a time when India is looking at more money to invest and to borrow to do business, says Finance Minister Nirmala Sitharaman.
To encourage spending to spur demand, Finance Minister Nirmala Sitharaman has announced an LTC cash voucher scheme and a special festival advance scheme for employees.
FM Nirmala Sitharaman introduced proposals to stimulate consumer spending
The government also announced an additional budget of Rs 25,000 crore, which would be provided for capital expenditure of Centre on roads, defence, infrastructure, water supply, urban development and domestically produced capital equipment
Under this LTC Cash Voucher Scheme, government employees can opt to receive cash amounting to leave encashment, plus three times ticket fare, to buy items which attract a GST of 12 percent or more.
Small taxpayers having aggregate annual turnover of less than Rs 5 crore will be able to file returns on a quarterly basis with monthly payments from January 1, 2021
Andhra Pradesh, Bihar, Gujarat, Haryana, Karnataka, Madhya Pradesh, Meghalaya, Sikkim, Tripura, UP, Uttarakhand and Odisha have preferred to opt for borrowing from the special window facilitated by the RBI.