Union Budget 2021: Govt committed to welfare of farmers
Gitanjali Mangal
February 1st 2021 02:04 PM --
Updated:
February 1st 2021 02:12 PM
Union Budget 2021: Today, Finance minister Nirmala Sitharaman announced the Union Budget for the year 2021.
- Govt proposes to relax norms to attract more foreign investment in infrastructure sector: FM
- FM proposes tax exemption for aircraft leasing cos; tax exemption for notified affordable housing for migrant workers.
- Govt proposes to review over 400 old exemptions in indirect taxes; to begin extensive consultation from October 2021: FM
- Govt proposes to relax norms to attract more foreign investment in infrastructure sector: FM
- NRI who return to India face difficulty. I propose to amend rules to remove double taxation: FM
- Senior citizens above the age of 75, who have only pension and interest from FDR, will not need to file returns.
- FM announces voluntary vehicle scrapping policy to phase out old vehicles; fitness tests after 20 yrs for personal vehicles.
- Covid led to weak revenue inflow but a high outflow to manage the pandemic: FM
- Pipelines of GAIL (India) Ltd, Indian Oil Corp (IOC) and HPCL will be monetized: FM