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News
Debate on Union Budget 2013-14
Debate on Union Budget 2013-14 News
Union Budget 2021-22
31 Jan 2021
Budget 2021 classroom: What is Budget and what are the types of Union Budget?
For a balanced budget, the estimated expenditure must be equal to the expected income in a particular financial year and it is based on the idea that the government’s expenditure should not exceed its revenue. A surplus budget is basically where the expected income is more than the estimated expenditure in a financial year and this type of budget signifies that the government’s earnings from taxes are more than the money the government spent on public welfare A deficit budget comes at a time when the estimated expenditure is higher compared to the expected revenue.
Union Budget 2021-22
31 Jan 2021
Budget 2021: Smartphone industry seeks more budgetary allocation
The smartphone industry expects major changes in policies that will prove to be beneficial and the government are likely to bring in measures to help boost manufacturing. Industry body India Cellular and Electronics Association (ICEA) has renewed its demand for reducing Goods and Services Tax (GST) for the mobile industry. The industry body sought interest subvention of 5 percent for loans up to Rs 1,000 crore and a credit guarantee of Rs 100 crore.
Union Budget 2021-22
27 Jan 2021
Sentiment in real estate looks positive for the next 6 months, says report
The sentiment in the real estate industry turned optimistic during October-December 2020, the report said. The sector saw a lift in the market's mood and increased stakeholder expectations of a stronger recovery in the next six months, said Shishir Baijal. Investments in real estate over the recent past reflect positive sentiments on part of investors, domestic as also global, on the resurgence in the Indian economic growth story, Hiranandani said.
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