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India Inc leaders chuffed with Budget 2021 announcements
Uday Kotak, Anand Mahindra, Kiran Mazumdar-Shaw and Harsh Goenka showered praises on Nirmala Sitharaman for delivering a growth-oriented Budget.
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Budget 2021: ULIPs with premium income of more than Rs 2.5 lakh now taxable
Unit linked insurance plans offers a combination of both investment and insurance. It offers a chance to invest in stock markets including government and corporate bonds, as per the preference of the policyholder.
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Budget 2021 highlights: Relief for senior citizens, LIC IPO, boost for infra
The Finance Minister in the budget has proposed increasing the FDI limit in the insurance sector from 49% to 74% in the budget 2021-22.
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Market cheers budget 2021 Sensex skyrockets over 2,300 pts; Nifty reclaims 14,000
Sensex ended at 48,600.61, up 2314.84 or 5.00%, while Nifty climbed 646.60 points or 4.74% to settle at 14,281.20.
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Budget 2021: Gold prices fall after cut in custom duty to 7.5%
Following the announcements, gold futures fell more than Rs 900 at 1.84% and is currently trading at Rs 48,430.
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Budget 2021 does not have much for startups: Bhaskar Majumdar, Unicorn India Ventures
He told Money9 that although he feels the Budget scored on most parameters, it does not have anything substantial for startups.
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Budget 2021: Interest income on Provident Fund contribution above Rs 2.5 lakh taxable
Currently, an individual can invest up to 12% of basic salary (including dearness) in EPFO. But through voluntary contribution, this limit can be increased to 100%.
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Sensex zooms 2,314 pts after Budget 2021; Nifty reclaims 14K
After touching an intra-day high of 48,641.23, the 30-share Sensex was trading 2,311 points or 4.99 per cent higher at 48,595.25; and the broader Nifty surged 462.15 points or 3.39 per cent at 14,096.75.
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PM Narendra Modi says Budget 2021 has been presented amid unprecedented circumstances
PM Narendra Modi said he has not seen so many positive announcements in the first hour of a Budget speech earlier.
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Budget 2021: Here’s the full text of FM Nirmala Sitharaman’s speech
Senior citizens over 75 years of age have been exempted from filing income tax returns.
