New Delhi: India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the pandemic. Delivering her budget statement to parliament, Finance Minister Nirmala
Tag: English News
Myanmar’s military staged a coup on Monday, detaining de facto leader Aung San Suu Kyi and declaring it had taken control of the country for one year under a state of emergency. The intervention came after weeks of rising tensions between the military, which ruled the country for nearly five
Union Finance Minister Nirmala Sitharaman, while presenting Budget 2021, announced no relief for the salaried class. Income tax experts had expected that the Budget will put more money in the hands of the average taxpayer. However, the income tax slabs remain unchanged. Sitharaman, meanwhile, proposed to reduce the timeline for
Union Finance Minister Nirmala Sitharaman in Budget 2021 announced imposition of Agriculture Infrastructure and Development Cess (AIDC) of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel. However, there would be no additional burden on the consumer overall as the finance minister also proposed to reduce
New Delhi: While announcing the Union Budget for 2021-21 on Monday, Finance Minister Nirmala Sitharaman said the Centre will launch a Rs 3,05,984 crore scheme to reform the power distribution sector in the country. Finance Minister said there is a monopoly of distribution companies across the country and the sector