Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
Finance Minister Pranab Mukherjee presented the Union Budget 2010-11 in parliament on Friday.
Finance Minister P Chidambaram presented his fourth Budget in Parliament on Monday.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
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