Studycafe | Feb 1, 2021 |
Live Updates Union Budget 2021
Sensex soars 1600 points, Nifty tops 14,000 and D-Street celebrates Fimance Mininster’s budget 2021.
FM concludes her Budget speech
FM concludes her Budget speech
— Study Cafe (@studycafe_in) February 1, 2021
Customs duty on copper scrap cut to 2.5% & some auto parts to be raised to 15%, Customs duty on cotton increased to 10% & silk to 15%, Custom solar lanterns cut to 5%
#Budget2021 Customs duty on copper scrap cut to 2.5%, some auto parts to be raised to 15%, Customs duty on cotton increased to 10% & silk to 15%, Custom solar lanterns cut to 5%
— Study Cafe (@studycafe_in) February 1, 2021
#Budget2021 Customs duty on copper scrap cut to 2.5%, some auto parts to be raised to 15%, Customs duty on cotton increased to 10% & silk to 15%, Custom solar lanterns cut to 5%
— Study Cafe (@studycafe_in) February 1, 2021
Propose to notify rules to eliminate double taxation for NRIs on foreign retirement funds
#Budget2021: Propose to notify rules to eliminate double taxation for NRIs on foreign retirement funds
— Study Cafe (@studycafe_in) February 1, 2021
Market Watch: Sensex gains over 700 points, Nifty crosses 13,800
Market Watch: Sensex gains over 700 points, Nifty crosses 13,800
— Study Cafe (@studycafe_in) February 1, 2021
Late deposit of employee’s contribution to PF by employers will not be allowed as deduction to employer
#Budget2021 Late deposit of employee's contribution to PF by employers will not be allowed as deduction to employer
— Study Cafe (@studycafe_in) February 1, 2021
Prefiling of Returns, Ease filing of returns, ITRs to have details of Capital gains, Dividend, Interest Income Etc. prefilled
Prefiling of Returns, Ease filing of returns, ITRs to have details of Capital gains, Dividend, Interest Income Etc. prefilled
— Study Cafe (@studycafe_in) February 1, 2021
Advance tax liability on dividend income shall arrive only after declaration of payment of dividends
Advance tax liability on dividend income shall arrive only after declaration of payment of dividends
— Study Cafe (@studycafe_in) February 1, 2021
Tax Audit Exemption Limit Enhanced from 5 to 10 Crs for Taxpayers doing digital transaction
#Budget2021 Tax Audit Exemption Limit Enhanced from 5 to 10 Crs for Taxpayers doing digital transaction
— Study Cafe (@studycafe_in) February 1, 2021
For senior citizens who only have a pension and interest income, exemption proposed for filing of income tax returns: FM
For senior citizens who only have a pension and interest income, exemption proposed for filing of income tax returns: FM
— Study Cafe (@studycafe_in) February 1, 2021
Time Limit for Reopening Assessments reduced to 3 years from exiting 5 years
# Budget2021 Time Limit for Reopening Assessments reduced to 3 years from exiting 5 years
— Study Cafe (@studycafe_in) February 1, 2021
New Definition for Small Companies
New Definition for Small Companies
🌀Threshold Limit
▫️Old- Not exceeding 50 Lakhs
▫️New- Not exceeding 2 crores🌀Turnover
▫️Old- Not exceeding 2 crores
▫️New- Not exceeding 20 crores— Study Cafe (@studycafe_in) February 1, 2021
Over 15,000 schools to be qualitatively strengthened under National Education Policy
#UnionBudget2021 Over 15,000 schools to be qualitatively strengthened under National Education Policy
— Study Cafe (@studycafe_in) February 1, 2021
Online Portal to be released for Unorganized Sector, Migrant Workers. Adequate protection to be given to Women.
#Budget2021 Online Portal to be released for Unorganized Sector, Migrant Workers
— Study Cafe (@studycafe_in) February 1, 2021
LIC IPO awaited in the Year 2021-22
#Budget2021 LIC IPO awaited in Year 2021
— Study Cafe (@studycafe_in) February 1, 2021
After Companies Act 2013, Proposal for Decriminalization in LLP Partnership Act.
#Budget2020 Proposal for Decriminalization in LLP Partnership Act.
— Study Cafe (@studycafe_in) February 1, 2021
Markets having positive Impact of Budget2021
Markets having positive Impact of #Budget2021 pic.twitter.com/gq7avYozAA
— Study Cafe (@studycafe_in) February 1, 2021
Good News for National Infrastucture!
#Budget2021 The government aims to complete 11,000km of national highway infrastructure this year
— Study Cafe (@studycafe_in) February 1, 2021
Capital expenditure of Rs. 5.54 lakh crore proposed
#Budget2021 Capital expenditure of Rs. 5.54 lakh crore proposed
— Study Cafe (@studycafe_in) February 1, 2021
New Vehicle Scrappage policy Announced
#UnionBudget2021 A new scrappage policy – 20 years in case of personal vehicles and 15 years in case of commercial vehicles announced
— Study Cafe (@studycafe_in) February 1, 2021
Focus on Healthcare to increase:
Rs 64,180 crore will be invested over 6 years to improve primary, secondary and tertiary healthcare. This is in addition to National Health Mission, announces Sitharaman
— Study Cafe (@studycafe_in) February 1, 2021
#Budget2021 Rs. 35000 Cr provided for COVID19 Vaccines
— Study Cafe (@studycafe_in) February 1, 2021
Mini Budget Plans to Beat Covid!
They Include:
AtmaNirbhar Bharat programs
Performance-linked incentives
Boost for domestic manufacturing
Improved credit access for enterprises
Moratorium on interest payments
Thrust on affordable housing
Booster shots for MNREGA https://t.co/uWJTVfyyg1— Study Cafe (@studycafe_in) February 1, 2021
Budget prepared in circumstances like never before, Sitharaman
— Study Cafe (@studycafe_in) February 1, 2021
Budget 2021 to be a digital Budget.
#Budget2021 to be First of Its Decade. This Budget to be a digital Budget.
— Study Cafe (@studycafe_in) February 1, 2021
Union Budge 2021 is all set to provide relief to the pandemic hit Indian Economy. One hour go for the Budget, Hon’able Finance Minister Mrs. Nirmala Sitaraman reaches parliament.
As Finance Minister @nsitharaman presents the Union Budget for a very crucial year for the domestic & global economy, stay tuned to #studycafe to catch LIVE updates https://t.co/TsydGdDUyN
— Study Cafe (@studycafe_in) February 1, 2021
Union Budget App can be downloaded in your Android and IOS Systems!
Say yes to Digital India! Union Budget app can be installed now! Hope you have done the same! pic.twitter.com/cPBFeo4zhq
— Study Cafe (@studycafe_in) February 1, 2021
Budget Presentation Starts!
Finance Minister Mrs. Nirmala Sitaraman Starts Budget Presentation https://t.co/4khy851QX5
— Study Cafe (@studycafe_in) February 1, 2021
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