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More than any other measure and specific policy move, the fact that there has been no material change on the direct taxes front has boosted sentiments
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She said the Budget has set the tone for greater play of the private sector, gave space for entrepreneurship, has come clean on the spending intent and unveiled a policy highlighting areas the government wants to stay away from
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On February 1, Finance Minister Nirmala Sitharaman announced the Union Budget for 2021-22. It was labelled as a ‘safe’ budget in context of the ongoing pandemic because nothing startling came out of it. However, FM decided to please the senior citizens by announcing a special exemption for the pension class. In her Budget speech, Nirmala […]
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If you are looking to buy an affordable home, 2021 may just be the year for your dreams to come true
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The budget focuses on reforms, disinvestment, infrastructure, good governance
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On the Budget announcement of setting up a Development Finance Institution (DFI), Sitharaman said the government will provide some capital and will also raise funds from the market.
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In an interaction with Money9, Sudhir Kaushik, co-founder and CEO, TaxSpanner, explained the reasons behind the move.
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Nirmala Sitharaman said the budget is trying to raise non-tax resources at a time when a lot of money has to be spent.
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She said budget was good as it was growth-oriented and also it did not increase any taxes.
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Finance Minister Nirmala Sitharaman delivered a budget which has been hailed as 'bold' and 'growth-oriented'.