New Delhi: Finance Minister Nirmala Sitharaman has announced in the Budget 2021 that the slab of income tax will remain the same. That is, this time there was no change in the income tax slab. Although Agri Infa Development Cess will be imposed.
One crore more beneficiaries will be included in the Ujjwala scheme, the
government said on Monday that the free LPG LPG scheme (Ujjwala) will be expanded and one crore more beneficiaries will be brought under its purview. Finance Minister Nirmala Sitamaran announced this on Monday.
Presenting the general budget for 2021-22, the Finance Minister said that uninterrupted supply of fuel was continued during the Kovid-19 epidemic. He said that the city gas distribution network of delivering gas through pipes to homes and providing CNG to vehicles will be expanded to cover 100 more districts.
He also announced the Transport System Operator (TSO) for the regulation of general carrying capacity to promote a gas-based economy.
Provision of Rs 2.24 lakh crore for health sector The
government on Monday proposed a budget outlay of Rs 2,23,846 crore in terms of health and welfare for 2021-22. In this, an increase of 137 percent is proposed against the budget outlay of Rs 94,452 crore for the current financial year.
Finance Minister Nirmala Sitharaman, in her budget speech, also proposed an outlay of Rs 35,000 crore in terms of vaccines for Kovid-19 for the next financial year and also announced the availability of pneumococcal vaccines across the country, which is more than 50,000 every year. The lives of children will be saved.
Presenting the general budget for 2021-22, the Finance Minister said, “I have made a provision of Rs 35,000 crore for Kovid-19 vaccines for 2021-22. I commit to give more money when needed.
He said that India has already approved the use of two vaccines of Kovid-19 and two more vaccines could soon be included in the vaccination campaign in the country. Pneumococcal vaccine is effective against fatal infections such as pneumonia, septicemia and meningitis.
The Finance Minister said, “Pneumococcal vaccine manufactured in India is currently limited to only five states. It will be made available in the entire country. ”Sitharaman said that this would save the lives of more than 50,000 children in the country every year.
BUDGET POINTERS
Presenting the budget in Parliament
coming budget in very difficult circumstances
27.1 lakh crore package under independent
equal Atmrnibr package GDP of 13%
will be in soon and let Corona vaccine market
economy showing signs of Riwawail
new budget of the rosary new decade will
be doubling farmers ‘income
, India’s economy will be strong
launch new plans for India self-sufficient
goal of doubling farmers’ income
These visions budget independent India’s
current budget will focus on healthcare and R & D
goal is to strengthen the financial and infrastructure
health 64180 crore will be spent on the scheme,
17,000 rural and 11000 urban health centers will be strengthened
17 new hospitals will be started
Health data base will be created for
all states Integrated data base will be ready for all states
Voluntary scrap policy will be launched
2.87 lakh crore will be made on water life;
Urban water life mission will be launched.
4 new virology institutes will be opened.
35,000 crore allocated for corona vaccine will
be increased on vaccine
. 2.22 lakh crore will be spent on health in fy22
Mega Textile creations will park
7400 Infrastructure continues to work on projects that
focus on monetization at PSU Asset
prepare for big boost infrastructure sector
development finance company to invest Rs 20,000 crore
to improve the rules of invit and REIT
private investment in railway freight corridors
many And airports will be privatized
Capitel expenditure will be increased to 5.5 lakh crore rupees in
FY21 Financial deficit will be 9.5% of GDP
6. Target of financial deficit in FY22 6.8%
8500 km of highways to be made by March 2022
11000 km of highway completed
Eastern Western Front corridor work 2022 complete will
be spending Rs 1.18 lakh crore on street ministry
will spend 5.5 trillion on Infa
Railways will have Rs 1.7 lakh crore on
3 new routes, railways will become new front corridors,
government bus service will cost 18000 crores,
Chennai, Bangalore metro will expand
Nagpur, Nashik metro will expand
35 lakh crores in
FY22 for disinvestment in FY22 Target to raise 1.75 lakh crore rupees,
customers will now be able to choose power distributors
on their own and will hand over big pot to private hands
Budget 2021 Sasta Mehnga: Know what is cheap and what is expensive
7 big projects to be given under ppp model
Ship recycling will be encouraged
3.1 lakh crores will be given for power sector
1 crore new families will be connected to Ujjwala scheme
Gas pipeline will be expanded in Kashmir region
Financial hub in Gift City We will make a
new law for the securities market;
Insurance will be increased from 49% to 74% FDI approval.
Bad Bank will announce
AMC for NPA
In psu bank will be infused Rs 20,000 crore
will be strengthened NCLT frame
formed e Court NCLT
Capital for SMEs, Revue limit will be increased
LIC’s
IPO will be disinvested in 2022 1
Air Insurance will be disinvested in fy22, Air India, BPCL will be disinvested
BHEL, SCI and CONCOR will be disinvested
to make SPV for land monetization,
sick will shut down PSUs Will
announce 1.72 lakh crore rupees for agriculture in fy22,
paddy farmers pay more than Rs 1.7 lakh crore in FY21
Provided more than one and a half times the cost to farmers.
Provision of Rs. 16.5 lakh crore for farmer loans, Rs.
40,000 crore will be spent on rural infra.
1,000 new e-mandis will be opened. 5 new fishing hubs will be
announced for APMC Agri Infra Fund
Micro Irrigation Allocation Doubled To Rs 10,000 Crore
Standup India
Margin Money Decreased Margin Money Recovery From 25% To 15%
Central University to be built in Leh
Allocation of Rs 15,700 crore in fy22 for MSME
10000 Sainik Schools to be opened
, 50,000 crore will be spent on National Research Foundation, will
be spent in 5 years,
allocation of Rs 1500 crore to promote digital payments
, functioning of tribunals will be improved,
upcoming census will be
digital, 3737 crore for census digital Allocation of
contracts will improve to resolve the dispute soon
Allocation of Rs. 1,000 crore for tea plantation personnel
. Financial loss
in FY21 will be 9.5% of GDP. Target of 6.8% financial loss in
FY22 will take loan of Rs. 12 lakh crore in FY22
Will amend FRBM Act,
Food subsidy will not be given from small savings fund, Food subsidy will
be given through budget
Will improve to increase tax compliance
No tax on people older than
75 years Senior citizens
older than 75 years will not have to file tax returns No
tax cases on pensioners older than 75 years old will not be opened
REITS inVITs of Dividend Payment exempted from TDS
will raise funds on infrastructure debt fund zero-coupon bonds
for affordable housing tax exemption limit was extended to 1 year
tax exemption on interest up to Rs 1.5 million on affordable housing
tax Startup Exemption 1 year Enhanced
New structure of custom duty will be implemented from 1 October 2021,
GST process will be simplified
further Custom duty on some mobile parts will be increased by 2.5%
Custom duty on alloy and steel will be reduced by 7.5%
Custom duty will be reduced on copper, naphtha,
import duty will be
increased on gold silver and custom duty on auto parts will be increased by 15%.
Proposed imposition of 10% custom duty on cotton, agri infra development cess
No change in income tax slab
