Union Budget 2021 Live Blog: No Changes In Personal Tax Slabs
Get detailed analysis of Budget for FY2022 and latest news and updates by FM Nirmala Sitharaman here on Boom Live.
The Union Budget for financial year 2021 - 2022 will be unveiled by Finance Minister Nirmala Sitharaman in Parliament on February 1. Sitharaman has already set the tone by calling it a "budget like never before."
A lot of expectations have been built up ahead of this year's budget with all eyes on the finance minister. India is currently in a technical recession as it reels from the pain of the nationwide lockdown imposed in March 2020 to combat COVID-19 pandemic; a once in a generation health crisis that has currently wrecked the global economy.
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Live Updates
- 1 Feb 2021 9:33 AM GMT
NIFTYBank heads for bigger ever one-day gain
Sensex is up 2,289 points, while NIFTY is up 620 points.
- 1 Feb 2021 8:12 AM GMT
Agri infra cess rates to be an excise-side levy
An agriculture Infrastructure and Development Cess (AIDC) of ₹2.5 per litre has been imposed on petrol and ₹4 per litre on diesel. "Overall there would be no additional burden on the consumer.", the Budget speech says
