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“As anticipated, affordable housing and rental housing got a big boost with the government extending the period for extra deduction of Rs 1.5 lakh available for loans up to March … Read More
– Stocks-Markets-Economic Times
Nirmala Sitharaman’s announcements largely met the expectations of the financial markets, which were hoping for a ‘no-harm Budget’. – Stocks-Markets-Economic Times
“This is madness! Farm cess of Rs 2.5 per litre on Petrol Rs 4 per litre on diesel and people thought no increase in taxes…,” said Sandip Sabharwal, an independent … Read More
Budget 2021: Time limit to reopen an assessment case would to be reduced to three years from the current six years – NDTV Profit – Latest
Finance Minister Nirmala Seetharaman, as part of Union Budget 2020-21, has announced that an amendment will be made to help these trusts raise debt funds from foreign portfolio investors (FPIs). … Read More
Among the 50 stocks in the Nifty index, 41 were trading in the green, while 9 were in the red. – Stocks-Markets-Economic Times
This move would potentially boost the government’s divestment programme, as the government is looking to launch IPOs of largest life insurer LIC and a PSU general insurer in FY22. … Read More
To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act. – Stocks-Markets-Economic Times
India will spend Rs 2.23 lakh crore on public health expenditure for the financial year 2021-2022, Union Finance Minister Nirmala Sitharaman said Monday, as she presented the Union Budget … Read More