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Live Updates and discussion on Union Budget 2021

Page no : 5

Indira Priyadarsini Kota (Student) (590 Points)
Replied 01 February 2021

Definition of Small companies under companies act is amended which benefits more than 2lakh companies.

(Guest)
Rebirth of Development Financial Institution. Interesting going by the increasing focus on developmental projects in this Budget

Mita Basak (Professional) (1842 Points)
Replied 01 February 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


CA Sapna Ghelani (Chartered Accountant) (7545 Points)
Replied 01 February 2021

LIC opened up for Public Investment : Budget 20221


Prachi Bansal (3114 Points)
Replied 01 February 2021

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

1 Like

M Venkat (CA finalist) (446 Points)
Replied 01 February 2021

 


CA Sapna Ghelani (Chartered Accountant) (7545 Points)
Replied 01 February 2021

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


CA Ruby Bansal (Finance Professional) (1249 Points)
Replied 01 February 2021

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


CA Rashmi Gandhi (Chartered Accountant) (80633 Points)
Replied 01 February 2021

1. Change in Defination of Small Companies...
2. Increase in Paid Up Capital of Small Companies
3. FDI In Insurance companies increase from 49% to 74%
4. Investment in IDBI and Pawanhans in 2022
5.IPO of LIC in 2022
6. Sale of Vacant Land of Government Land
7. 20000 Crores to Government Bank
2 Like

Shweta Gupta (CA) (62 Points)
Replied 01 February 2021

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.


CA Sapna Ghelani (Chartered Accountant) (7545 Points)
Replied 01 February 2021

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


Shweta Gupta (CA) (62 Points)
Replied 01 February 2021

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



(Guest)

FDI in insurance increased to 74% from 49% 


CA Sapna Ghelani (Chartered Accountant) (7545 Points)
Replied 01 February 2021

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

 


Sai Charan (Ca student) (41 Points)
Replied 01 February 2021

Budget 2021

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



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