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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.
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Budget 2021 | Financialising India: Top 9 takeaways for Personal Finance
No Income Tax Return (ITR) filing for senior citizens above 75 years having pension and interest income.
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How will FM Nirmala Sitharaman’s Budget affect you? Money9 Budget Conclave Editors’ panel weighs in
The Money9 Budget Conclave in its first panel discussion shared views on how the Finance Minister can help alleviate the woes of the common man.
