Day after Budget, Sensex surges 1,300 points; Nifty tops 14,500

Infrastructure firm Larsen & Toubro climbed 6 per cent as the post-Budget euphoria continued in the Indian stock market.

Read Article

What does Budget 2021 mean for ordinary Indian?

This is not a populist budget. It's a practical budget

Read Article

Missed opportunities from India's Budget 2021

India's Finance Minister Nirmala Sitharaman unveiled the annual budget on February 1. We tell you what was missing from her speech.

Read Article

Union Budget 2021: How will it affect petrol and diesel prices

Fuel prices were already up so all eyes were on Budget 2021 to know its impact on petrol and diesel rates

Read Article

Sensex zoomed 2,300 points, Nifty at 14,281 as Dalal Street cheered Budget

On the Sensex chart, IndusInd Bank was the top gainer, rallying over 14 per cent, followed by ICICI Bank, Bajaj Finserv, SBI, L&T and HDFC.

Read Article

Budget 2021: India keeps over Rs 2000 cr for international organisations; BIMSTEC get Rs 25 cr, SAARC Rs 12 cr 

To UNICEF, which comes under the domain of ministry of women and child development, India has budgeted Rs 5.60 Cr, while to WTO, which comes under the commerce ministry, Rs 3cr is kept as a…

Read Article

Union Budget 2021: What got cheaper, what is now costlier

Union Budget 2021 was presented on Monday. Here is the list of what got cheaper and what got costlier

Read Article

Highest in 15 years: Govt allocates Rs 4,78 lakh crore to the defence budget for 2021-22

"I especially thank Prime Minister Narendra Modi and Finance Minister for increasing the defence budget to 4.78 lakh cr for FY21-22 which includes capital expenditure worth Rs 1.35 lakh crore. It…

Read Article

Reactions pour in after India unveils Budget 2021

After the budget was unveiled, reactions poured in from all over the country. Take a look

Read Article

Indian budget to provide financial support worth ₹6450 cr to 10 countries in the region

India will be providing financial assistance in form of grants and loans worth Rs 6458.95 cr to 10 countries in the region, budget documents have announced

Read Article

Union Budget 2021: We chose to spend big on infrastructure, says India's finance minister Nirmala Sitharaman

India's finance minister Nirmala Sitharaman asserted that disinvestment will continue while asserting that some progressive steps have been taken in India's financial sector.

Read Article

Budget 2021 enhances India's self-confidence, says PM Modi

The Indian PM said it is a "pro-active Budget" that boost to wealth as well as wellness and which contains the vision of "self-reliance" and "inclusiveness".

Read Article

From fiscal deficit to capital expenditure: 10 key figures in Union Budget 2021

Indian bond yields jumped sharply on Monday after the government, in its annual budget presentation, announced plans to raise additional funds from the market over the next two months to bridge a…

Read Article

Budget 2021: Government slashes customs duty on steel products to boost MSMEs

Finance Minister Nirmala Sitharaman in her Budget speech for 2021-22 said the anti-dumping duty (ADD) and countervailing duty (CVD) have also been revoked on certain steel products.

Read Article

Union Budget 2021: Sitharaman proposes agricultural infrastructure cess of Rs 2.5 per litre on petrol, Rs 4 on diesel

Agricultural infrastructure cess of 30 per cent has been imposed on kabuli chana, 10 per cent on peas, 50 per cent on Bengal gram/chick peas

Read Article
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Budget

Read latest news on Union Budget 2021-22, Income tax slab, Railway Budget, budget for women, senior citizen and students. Also Get detailed analysis of Budget 2020-21 and latest news and updates by FM Nirmala Sitharaman on wion  Budget expectations, Union Budget, Live Budget, Budget 2021, Budget 2021 India, Nirmala Sitharaman, Railways Budget 2020, Budget news, Union Budget India, Budget, Union Budget 2021, Budget Date, Income Tax Relief, Budget 2020 Changes in GST, Budget Live Videos, Railway Budget, Live

Union Budget 2021 would be the first budget since coronavirus pandemic hit Indian and global economy severely. The COVID menace put breaks on many economies across the world. Many of them even contracted. Indian economy was hit as well. It is indeed a challenge for Finance Minister Nirmala Sitharaman to navigate through this complex situation. Pandemic times have resulted in business closures and job loss putting the common man in jeopardy. Banking sector needs a boost after couple big debacles last year. Although the Union government has already announced package for MSMEs (Micro, Small and Medium Enterprises), the sector would welcome a hand of help.

 

Union Budget 2021 will be presented on February 1. Budget session of the Parliament will begin on February 2. Sitharaman will present Economic Survey 2020-21 on January 29.

 

This will be Finance Minister Nirmala Sitharaman's third budget under National Democratic Alliance (NDA) government.

 

One of the main features of Union Budget 2021 will be that it will be paperless.

 

The budget session is likely to be stormy as the Opposition is likely to corner government on the issue of farm laws and also the general state of the Indian economy.

 

BJP is upbeat about the Budget 2021. It said that the Union Budget will be a game-changer. Recent International Monetary Fund (IMF) report said that Indian economy will grow 11.5 per cent in the year 2021.

 

AGRICULTURE SECTOR

 

In light of agricultural reforms and recent agitation against the farm laws, it would be interesting to see what does the government announce for the agriculture sector. The farmer agitation and the subsequent violence at Red Fort on January 26 has brought issues in agricultural sector to the fore.

 

AUTOMOBILE SECTOR

 

Automobile Sector will have high hopes from the budget this year. The Union government has already shown keenness to promote electric vehicle on Indian roads. Tesla's entry in the Indian market is proving to be a talking point. Tata Group has recently expressed willingness to enter the electric car market.

 

BANKING SECTOR

 

The uncertain sentiment in banking sector is still persisting after failing banks. It will be interesting to see what measures government takes to tackle Non Performing Assets. Coronavirus pandemic meant that there was a slump in lending by banks.  Experts are even saying that government will set up a special 'bad bank' to buy bad assets from state-owned banks

 

This will be Finance Minister Nirmala Sitharaman's third budget under National Democratic Alliance (NDA) government.

 

INCOME TAX SLAB RATE 2021-22

 

Common man is concerned the most about taxes. What will happen this year? Will the tax slabs be changed? All eyes are on Union Budget 2021

 

RAILWAY BUDGET 2021-22

 

Earlier, the railway budget used to get presented separately. But now, it is the part of the Union Budget. The pandemic year has caused slowing and even complete stoppage of travel across the country. This has certainly taken a toll on Indian Railways.

 

HEALTHCARE

 

The pandemic has underlined importance of this sector. Industry leaders expect that the government will increase funding for this sector.

 

Follow WION's news coverage for latest on Union Budget 2021.

India committed to enhancing capabilities in defence manufacturing: PM Modi

Addressing a webinar on effective implementation of the Union Budget's provisions in the defence sector, the prime minister listed a series of measures taken by his government to boost self-…

Read Article

Day after Budget, Sensex surges 1,300 points; Nifty tops 14,500

Infrastructure firm Larsen & Toubro climbed 6 per cent as the post-Budget euphoria continued in the Indian stock market.

Read Article

What does Budget 2021 mean for ordinary Indian?

This is not a populist budget. It's a practical budget

Read Article

Missed opportunities from India's Budget 2021

India's Finance Minister Nirmala Sitharaman unveiled the annual budget on February 1. We tell you what was missing from her speech.

Read Article

Union Budget 2021: How will it affect petrol and diesel prices

Fuel prices were already up so all eyes were on Budget 2021 to know its impact on petrol and diesel rates

Read Article

Sensex zoomed 2,300 points, Nifty at 14,281 as Dalal Street cheered Budget

On the Sensex chart, IndusInd Bank was the top gainer, rallying over 14 per cent, followed by ICICI Bank, Bajaj Finserv, SBI, L&T and HDFC.

Read Article

Budget 2021: India keeps over Rs 2000 cr for international organisations; BIMSTEC get Rs 25 cr, SAARC Rs 12 cr 

To UNICEF, which comes under the domain of ministry of women and child development, India has budgeted Rs 5.60 Cr, while to WTO, which comes under the commerce ministry, Rs 3cr is kept as a…

Read Article

Union Budget 2021: What got cheaper, what is now costlier

Union Budget 2021 was presented on Monday. Here is the list of what got cheaper and what got costlier

Read Article

Highest in 15 years: Govt allocates Rs 4,78 lakh crore to the defence budget for 2021-22

"I especially thank Prime Minister Narendra Modi and Finance Minister for increasing the defence budget to 4.78 lakh cr for FY21-22 which includes capital expenditure worth Rs 1.35 lakh crore. It…

Read Article

Reactions pour in after India unveils Budget 2021

After the budget was unveiled, reactions poured in from all over the country. Take a look

Read Article

Indian budget to provide financial support worth ₹6450 cr to 10 countries in the region

India will be providing financial assistance in form of grants and loans worth Rs 6458.95 cr to 10 countries in the region, budget documents have announced

Read Article

Union Budget 2021: We chose to spend big on infrastructure, says India's finance minister Nirmala Sitharaman

India's finance minister Nirmala Sitharaman asserted that disinvestment will continue while asserting that some progressive steps have been taken in India's financial sector.

Read Article

Budget 2021 enhances India's self-confidence, says PM Modi

The Indian PM said it is a "pro-active Budget" that boost to wealth as well as wellness and which contains the vision of "self-reliance" and "inclusiveness".

Read Article

From fiscal deficit to capital expenditure: 10 key figures in Union Budget 2021

Indian bond yields jumped sharply on Monday after the government, in its annual budget presentation, announced plans to raise additional funds from the market over the next two months to bridge a…

Read Article

Budget 2021: Government slashes customs duty on steel products to boost MSMEs

Finance Minister Nirmala Sitharaman in her Budget speech for 2021-22 said the anti-dumping duty (ADD) and countervailing duty (CVD) have also been revoked on certain steel products.

Read Article

Union Budget 2021: Sitharaman proposes agricultural infrastructure cess of Rs 2.5 per litre on petrol, Rs 4 on diesel

Agricultural infrastructure cess of 30 per cent has been imposed on kabuli chana, 10 per cent on peas, 50 per cent on Bengal gram/chick peas

Read Article

Women to be provided adequate protection for night shifts in all sectors: Nirmala Sitharaman

She added that social security benefits will be extended to gig and platform workers.

Read Article

Union Budget 2021-22: Personal tax untouched; healthcare, infrastructure in focus

India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its…

Read Article

Union Budget 2021: Sensex surges over 2,200 points as bank stocks soar

Bank stocks rallied with IndusInd Bank being the top gainer, rallying over 10 per cent, followed by ICICI Bank, HDFC, Bajaj Finserv, M&M and SBI.

Read Article

Union Budget 2021: Senior citizens above the age of 75 years exempted from filing income tax returns

This has come after Budget 2018 had announced tax law changes to provide more tax benefits to senior citizens. 

Read Article

India committed to enhancing capabilities in defence manufacturing: PM Modi

Addressing a webinar on effective implementation of the Union Budget's provisions in the defence sector, the prime minister listed a series of measures taken by his government to boost self-…

Read Article

Day after Budget, Sensex surges 1,300 points; Nifty tops 14,500

Infrastructure firm Larsen & Toubro climbed 6 per cent as the post-Budget euphoria continued in the Indian stock market.

Read Article

What does Budget 2021 mean for ordinary Indian?

This is not a populist budget. It's a practical budget

Read Article

Missed opportunities from India's Budget 2021

India's Finance Minister Nirmala Sitharaman unveiled the annual budget on February 1. We tell you what was missing from her speech.

Read Article

Union Budget 2021: How will it affect petrol and diesel prices

Fuel prices were already up so all eyes were on Budget 2021 to know its impact on petrol and diesel rates

Read Article

Sensex zoomed 2,300 points, Nifty at 14,281 as Dalal Street cheered Budget

On the Sensex chart, IndusInd Bank was the top gainer, rallying over 14 per cent, followed by ICICI Bank, Bajaj Finserv, SBI, L&T and HDFC.

Read Article

Budget 2021: India keeps over Rs 2000 cr for international organisations; BIMSTEC get Rs 25 cr, SAARC Rs 12 cr 

To UNICEF, which comes under the domain of ministry of women and child development, India has budgeted Rs 5.60 Cr, while to WTO, which comes under the commerce ministry, Rs 3cr is kept as a…

Read Article

Union Budget 2021: What got cheaper, what is now costlier

Union Budget 2021 was presented on Monday. Here is the list of what got cheaper and what got costlier

Read Article

Highest in 15 years: Govt allocates Rs 4,78 lakh crore to the defence budget for 2021-22

"I especially thank Prime Minister Narendra Modi and Finance Minister for increasing the defence budget to 4.78 lakh cr for FY21-22 which includes capital expenditure worth Rs 1.35 lakh crore. It…

Read Article

Reactions pour in after India unveils Budget 2021

After the budget was unveiled, reactions poured in from all over the country. Take a look

Read Article

Indian budget to provide financial support worth ₹6450 cr to 10 countries in the region

India will be providing financial assistance in form of grants and loans worth Rs 6458.95 cr to 10 countries in the region, budget documents have announced

Read Article

Union Budget 2021: We chose to spend big on infrastructure, says India's finance minister Nirmala Sitharaman

India's finance minister Nirmala Sitharaman asserted that disinvestment will continue while asserting that some progressive steps have been taken in India's financial sector.

Read Article

Budget 2021 enhances India's self-confidence, says PM Modi

The Indian PM said it is a "pro-active Budget" that boost to wealth as well as wellness and which contains the vision of "self-reliance" and "inclusiveness".

Read Article

From fiscal deficit to capital expenditure: 10 key figures in Union Budget 2021

Indian bond yields jumped sharply on Monday after the government, in its annual budget presentation, announced plans to raise additional funds from the market over the next two months to bridge a…

Read Article

Budget 2021: Government slashes customs duty on steel products to boost MSMEs

Finance Minister Nirmala Sitharaman in her Budget speech for 2021-22 said the anti-dumping duty (ADD) and countervailing duty (CVD) have also been revoked on certain steel products.

Read Article

Union Budget 2021: Sitharaman proposes agricultural infrastructure cess of Rs 2.5 per litre on petrol, Rs 4 on diesel

Agricultural infrastructure cess of 30 per cent has been imposed on kabuli chana, 10 per cent on peas, 50 per cent on Bengal gram/chick peas

Read Article

Women to be provided adequate protection for night shifts in all sectors: Nirmala Sitharaman

She added that social security benefits will be extended to gig and platform workers.

Read Article

Union Budget 2021-22: Personal tax untouched; healthcare, infrastructure in focus

India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its…

Read Article

Union Budget 2021: Sensex surges over 2,200 points as bank stocks soar

Bank stocks rallied with IndusInd Bank being the top gainer, rallying over 10 per cent, followed by ICICI Bank, HDFC, Bajaj Finserv, M&M and SBI.

Read Article

Union Budget 2021: Senior citizens above the age of 75 years exempted from filing income tax returns

This has come after Budget 2018 had announced tax law changes to provide more tax benefits to senior citizens. 

Read Article

Four basic things about India's budget, you need to know!

With all eyes fixed on Finance Minister Nirmala Sitharaman as she is set to present Union Budget 2021-22 in the Parliament today, let's take a look at four basic things it that you need to know.

Read Article

Key facts about India's Union Budgets till date

The word 'budget' has been derived from 'bougette' which refers to a leather bag in French. The Union Budget is an annual financial report of the country's performance in a financial year. 

Read Article

Nine landmark budgets and their impact on Republic of India

Finance Minister Nirmala Sitharaman is all set to present Union Budget 2021-22 in Parliament on Monday, at a time when India is recovering from the COVID-19 crisis.

Read Article