UNION BUDGET 2021

News and Trends

Ensuring 'Aatmanirbhar' Real Estate in 2021

The push towards the development of infrastructure across the country in the Union Budget highlighted that the government is cognizant of the fact that real estate, alongside agriculture, is the backbone of the country's economy

News and Trends

How the D2C Sector Will Benefit From Budget 2021

The Budget envisions not only a strong recovery in the new fiscal year but also continuous sustainable growth at 7-8 per cent

News and Trends

Infrastructure Gets a Big Boost, Expecting High Growth Trajectory

Funding of these projects involves heavy capital expenditure and long gestation period and finding resources for the same is a crucial and challenging issue

News and Trends

Key Takeaways For the Fintech Sector

Fintech was acknowledged for the first time and this indicates that the sector plays a major role in the entire banking ecosystem today

News and Trends

RBI Maintains Status Quo On Repo & Reverse Repo Rates

RBI governor Shaktikanta Das said the GDP growth is projected at 10.5 per cent for the next fiscal

News and Trends

Govt Increases Allocation Towards Education By Around INR 8,000 Cr In FY22

The government has earmarked INR 93,224 crore for education-compared with revised figure of INR 85,089 for FY21-which includes INR 38,350.65 crore for higher education and INR 54,873 crore for school education

News and Trends

Fintech Hub at GIFT City, INR 1,500 Cr for Digital Payments

While tabling the Budget on Monday, finance minister Nirmala Sitharaman announced setting up of a 'world-class' fintech hub at GIFT City in a bid to bolster innovation in the fintech industry

News and Trends

Budget 2021: Cheer for Senior Citizens, PF Contributors to be Hit

The interest income on PF contributions above INR 2.5 lakh per annum will now be taxed at the normal rates

News and Trends

Healthcare and Infrastructure Get Big Push; Fiscal Deficit Pegged At 9.5% For FY21

FM Nirmala Sitharaman announced the first Union Budget of the decade which envisions to bring the economy back on track

News and Trends

FDI Cap for Insurance Increased To 74%; IPO for LIC; 2 PSBs & 1 GIC To See Disinvestment

FM Nirmala Sitharaman announced a divestment target of INR 1.75 lakh crore for FY22

Finance

Fintechs Want Better Fund Flow, Lower GST and Regulations in Cryptos

The financial technology space is expecting a differentiated treatment in the upcoming Budget

News and Trends

Here's What Startups and MSMEs Expect

The government in various forums has communicated and demonstrated that MSMEs are the backbone of the Indian economy

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Is It Time for India's Own Green New Deal?

While India has already demonstrated remarkable national will through far-reaching sustainability focused policies, it is time to enact a catchall policy

News and Trends

MSMEs And NBFCs Lending To Them Need Government Boost To Stay On Recovery Path

While the task at hand is a sizeable one, there are some things the government can do to accelerate the process

News and Trends

RBI To Explore the Need For Digital Currency

While releasing a booklet, the central bank noted that private digital currencies/virtual currencies/cryptocurrencies have gained popularity in recent years