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However, in a major relief, senior citizens above 75 years of age are now exempted from filing tax returns.
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Iterating the demand for withdrawal of the new farm laws, Banerjee wondered if the Centre can waive off NPAs running into crores of rupees then why is it hesitant to write-off farm loans.
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He said the entire focus of the budget was only on the electoral states. It seems to be more 'five electoral state budgets' than the Union Budget.
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Sitharaman said that the main interventions under the scheme will support over 17,000 rural and 11,000 urban wellness centres.
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Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman said fuel supplies were kept running without interruption during COVID-19 lockdown.
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In the first paperless Union Budget, Finance Minister Nirmala Sitharaman also said investor charter would be introduced as a right of all financial investors across all financial products.
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In the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman proposed setting up of investor charter across financial products.
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In the first paperless Union Budget, Finance Minister Nirmala Sitharaman said there will be 100 per cent electrification of broad gauge rail tracks by December 2023.
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Finance Minister had launched the "Union Budget Mobile App" for hassle-free access of Budget documents by Members of Parliament (MPs) and the general public.
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On the Sensex chart, IndusInd Bank, ICICI Bank, HDFC, ONGC, Titan and HDFC Bank were prominent gainers.
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This year, the Union Budget will be delivered in paperless form for the first time.
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On the Sensex chart, IndusInd Bank, Mahindra and Mahindra, L&T, ONGC, Bajaj Finance, HDFC Bank and Bajaj Auto were prominent gainers.
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The Budget Session will begin today with an address by President Ram Nath Kovind to the joint sitting of two houses of Parliament.
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Finance Minister Nirmala Sitharaman had announced that a new policy on PSU privatisation will be announced whereby a list of strategic sectors requiring presence of PSEs in public interest will be notified.
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Currently, state-owned ONGC and OIL pay a cess on crude oil they produce from their allotted fields on a nomination basis.
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China and 14 other countries in November last year established the world's largest trading bloc that represents roughly 30 per cent of the world's GDP and population
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In a statement, ANMI noted that financial markets worldwide play an important role in garnering growth capital for the economy.
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As per the data, dealer inventory continues to fall with personal vehicles' inventory ranging from 15-20 days and two-wheelers' inventory from 30-35 days.
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The Minister wrote to Union Commerce and Industry Minister Piyush Goyal in this regard, seeking budgetory allocations for these projects in the Union Budget 2021-22