Budget 2021 was touted to be a once-in-a-century budget. Unfortunately, and no matter what anyone says, this budget does not rise to the occasion.
Benchmark equity indices BSE Sensex and NSE Nifty extended their gains for the second straight session on Tuesday after Finance Minister Nirmala Sitharaman presented an expansionary Union Budget for 2021-22.
Indigo Paints will debut on the bourses today after finalising the issue price at Rs 1,490 per share - the higher price band of its public offer.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 111 points at the opening bell.
The Finance Minister has let the personal income tax regime remain as is it. She has chosen stability in the tax regime over repeated tinkering with the tax structure.
With an aim to address the need of affordable housing for migrant workers, the finance minister announced tax exemption for notified affordable rental housing projects.
With an objective to provide better impetus to the ailing economy, the government choose infrastructure and healthcare sector as two big themes in the Budget 2021.
Uday Kotak, Anand Mahindra, Kiran Mazumdar-Shaw and Harsh Goenka showered praises on Nirmala Sitharaman for delivering a growth-oriented Budget.
Lakshmi Iyer of Kotak Mutual Fund also labelled the budget 'pragmatic' for its spending in the right places.