Union Budget 2021: LIVE updates on Indian budget presented by Finance Minister Nirmala Sitharaman

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.

This is where you will find all live updates from BOOM through our blog.

Live Updates

1 Feb 2021 3:03 PM IST
NIFTYBank heads for bigger ever one-day gain
Sensex is up 2,289 points, while NIFTY is up 620 points.
1 Feb 2021 1:42 PM IST
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
1 Feb 2021 1:03 PM IST
FM Introduces The Finance Bill In Lok Sabha
1 Feb 2021 12:52 PM IST
A new Agri Infrastructural Cess
1 Feb 2021 12:51 PM IST
New Custom Duty to be put into place by Oct 1, 2021
1 Feb 2021 12:49 PM IST
Raising duties on certain auto parts by 15%
1 Feb 2021 12:47 PM IST
Rationalising custom duty on gold and silver: FM
1 Feb 2021 12:45 PM IST
More than 400 old exemptions on customs duty to be revised.
1 Feb 2021 12:42 PM IST
Capital gains exemption for investments in startup extended by 1 year
1 Feb 2021 12:39 PM IST
Timeline for reopening tax returns reduced to 3 years from 6 years.

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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.

Live Updates

NIFTYBank heads for bigger ever one-day gain

Agri infra cess rates to be an excise-side levy

FM Introduces The Finance Bill In Lok Sabha

A new Agri Infrastructural Cess

New Custom Duty to be put into place by Oct 1, 2021

Raising duties on certain auto parts by 15%

Rationalising custom duty on gold and silver: FM

More than 400 old exemptions on customs duty to be revised.

Capital gains exemption for investments in startup extended by 1 year

Timeline for reopening tax returns reduced to 3 years from 6 years.

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