Page-2 of Union Budget 2021
Union Budget 2021-2022- Summary
The 2021-22 Union Budget was presented amid the COVID-19 pandemic on February 1, 2021. Since the 2020 budget, the Indian economy have reduced from 2.24 lakh crore nominal GDP to Rs 1.94 lakh crore. This reduction in the size of ..
Month: Current Affairs - February, 2021
Budget 2021: PM Aatma Nirbhar Swasth Bharat Yojana and Mission Poshan 2.0 announced
The Finance Minister of India, Nirmala Sitharaman, has announced two new centrally sponsored scheme namely, the PM AatmaNirbhar Swasth Bharat Yojana and the Mission Poshan 2.0 while presenting the Union Budget 2021. Highlights As per the announcement, a new centrally ..
Month: Current Affairs - February, 2021
Budget 2021: No change in Income Tax Slabs
The Union Finance Minister, Nirmala Sitharaman, have proposed no change in the Income Tax Slabs in the Union Budget 2021. The income tax structure has been kept as earlier. However, some relief have been announced for the senior citizens. It ..
Month: Current Affairs - February, 2021
Budget 2021: New Asset Reconstruction and Asset Management Company to be set up
The finance Minister of India, Nirmala Sitharaman, has announced during the presentation of the Union Budget 2021 that a new asset reconstruction and asset management company will be set up in India. Key facts The new Asset reconstruction and asset ..
Month: Current Affairs - February, 2021
Budget 2021: Compliance for one-person companies reduced
The Finance Minister of India, Nirmala Sitharaman, has announced in the Budget 2021 that the government have planned to reduce the compliances for one person companies (OPC). This would help in promotion of the entrepreneurship and innovation in India. Highlights ..
Month: Current Affairs - February, 2021
Budget 2021: Rs 3.05 trillion Electricity Distribution Reform Programme announced
The Finance minister of India, Nirmala Sitharaman, announced a Rupees 3.05 trillion electricity distribution reform programme while presenting the Union Budget 2021. Highlights The electricity distribution programme will help in reducing the losses and improve the efficiency of electricity distribution ..