Gold prices declined Rs 1,324 to Rs 47,520 per 10 gram in the national capital on Monday, on a day when the government announced cut in import duty on gold and silver, according to HDFC Securities.
The BSE benchmark Sensex skyrocketed 2,315 points on Monday, propelled by gains in financial stocks, as market participants cheered a growth-oriented Union Budget presented by Finance Minister Nirmala Sitharaman.
The Centre has allocated over Rs 257 crore to the Personnel Ministry for the next financial year for domestic and foreign training of bureaucrats and augmenting necessary infrastructure.
The interest earned by the Provident Fund contributions above Rs 2.5 lakh a year will now be taxable. The provision, introduced in Budget 2021 will apply only to the employee's contribution and not that of the employer.
PM Narendra Modi said that the Budget talks of all-round development for all parts of country as he noted record increase in allocation for infrastructure building.
Excluding the pension outgo, the allocation in the Union Budget for the armed forces stands at Rs 3.62 lakh crore.
The government on Monday proposed to provide Rs 1,000 crore for the welfare of tea workers in two poll-bound states - Assam and West Bengal.
Sitharaman, who had in her first budget in 2019 replaced leather briefcase that had been for decades used for carrying budget documents with a traditional red cloth 'bahi-khata', had earlier this month stated that the budget for the fiscal year beginning April will be "like never before".
Finance Minister Nirmala Sitharaman on Monday said ship recycling capacity will be doubled by 2024 and efforts are being made to bring more ships from Europe and Japan.
Budget 2021 focused on infrastructure development to boost growth and create jobs. However, has been no relief for the middle class as I-T slabs remain unchanged.
Union Finance Minister Nirmala Sitharaman on Monday proposed the extension of tax holiday for startups by one more year.
While Sitharaman kept the Income Tax slabs unchanged, she imposed an additional agriculture cess on petrol and diesel.
While Sitharaman kept the Income Tax slabs unchanged, she imposed an additional agriculture cess on petrol and diesel.
Finance Minister Nirmala Sitharaman on Monday said the government is rationalising customs duties on gold and silver.
Sitharaman presented the Union Budget 2021-22 on Monday, which was approved by the Union Cabinet headed by Prime Minister Narendra Modi earlier today.
Sitharaman presented the Union Budget 2021-22 on Monday, which was approved by the Union Cabinet headed by Prime Minister Narendra Modi earlier today.
Sitharaman presented the Union Budget 2021-22 on Monday, which was approved by the Union Cabinet headed by Prime Minister Narendra Modi earlier today.
The government has allocated Rs 3,726 crore for forthcoming Census, which will be the first digital census, Finance Minister Nirmala Sitharaman said on Monday.
In her key announcements of Union Budget 2021, Finance Minister Nirmala said that 15,000 schools will be strengthened as per National Education Policy while 100 new Sainik Schools will be set up in partnership with NGOs.
Sitharaman presented the Union Budget 2021-22 on Monday, which was approved by the Union Cabinet headed by Prime Minister Narendra Modi earlier today.
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