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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.
Money9February 1, 2021/5:49 PM IST -
Budget 2021: Five takeaways for taxpayers
Dividend earned on Real estate investment Trust (REIT) and Infrastructure Investment Trust (InvIT) will not be taxed.
Priyanka SambhavFebruary 1, 2021/5:48 PM IST -
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.
Money9February 1, 2021/5:38 PM IST -
Budget 2021: Poll-bound states feature prominently
Nirmala Sitharaman also mentioned that the NH between Kolkata and Siliguri that runs along the length of the state of Bengal would be strengthened and broadened.
Avijit GhosalFebruary 1, 2021/5:32 PM IST -
Top economists decode Budget 2021 on Money9 Budget Conclave
Asked to rate the budget, Virmani said: "It’s one of the outstanding budgets. I look for one big idea and a number of supporting reforms. The big idea in this Budget is framework for strategic sale."
Pratibha ChandranFebruary 1, 2021/5:18 PM IST -
Third pillar of Budget 2021: Agriculture
The Finance Minister reiterated Modi government's vision of doubling farmers' income.
Adarsh VepacheduFebruary 1, 2021/4:50 PM IST -
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.
Money9February 1, 2021/4:36 PM IST -
Second pillar of Budget 2021: Physical and financial capital and infrastructure
Finance Minister Nirmala Sitharaman has proposed a push in capital expenditure with Rs 5.54 lakh crore being allocated.
Adarsh VepacheduFebruary 1, 2021/4:25 PM IST -
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%.
Money9February 1, 2021/4:16 PM IST
