Live Updates and discussion on Union Budget 2021

Definition under the Companies Act 2013 for small companies by increasing their threshold for paid up capital, from "not exceeding 50 lakhs, to not exceeding 2 crores' and Turnover from 'not exceeding 2 crores' to ' not exceeding 20 crores'. This will help in benefitting 2 lakh companies, in easing their compliance requirement #FM ##unionbudget2021

LIC opened up for Public Investment : Budget 20221

FM proposes to bring the IPO of LIC in 2021-22

Union Budget 2021: Government's FY22 disinvestment revenue target is Rs 1.75 lakh crore

On the recommendations of the 15th Finance Commission, a detailed exercise has been undertaken to rationalize and bring down the number of Centrally Sponsored Schemes. This will enable consolidation of outlays, for better impact. #FM

Two Public Sector Banks (PSBs) and one general insurance company will be divested, legislations amendments to be introduced in this session, says Finance Minister Nirmala Sitharaman.

Government is committed to welfare of farmers, says FM amid loud protests from opposition members

Over Rs 75,000 crore paid to wheat farmers in 2020-21, 43.36 lakh benefited from this: FM

FDI in insurance increased to 74% from 49% 

FM proposes increase in agriculture credit target to Rs 16.5 lakh crore

Budget 2021

Scheme of Mega Investment Textile parks to be launched, 7 textile parks to be set up over 3 years.