Union Finance Minister Nirmala Sitharaman on Monday presented the Budget 2021-22 that aims to shore up an economy badly-hit by the novel coronavirus pandemic. Budget 2021 Highlights: Financial moves Govt to set up a Development Financial Institution NHAI and PGCIL to set up INVITs to attract global funds Proposal for New Rationalised Securities Markets Code Govt allots ₹20,000 crore for …
At the post-Budget press conference, Finance Minister Nirmala Sitharaman exuded confidence in being able to reduce the fiscal deficit via increased revenue generation. We wanted to be sure that money is in the hands of the people, by not paying a tax which they don't need to pay. In the last three months itself, the GST collection has crossed ₹1 …
Finance Minister Nirmala Sitharaman presents the maiden budget of the second Narendra Modi government in the Lok Sabha on July 5, 2019. Analysis “The proposal to let FIIs and FPIs to invest in debt securities issued by NBFC, would provide a much needed boost of capital to a sector now starving of capital; an important prop to several sectors, particularly, …