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The government is emphasizing on strengthening the infrastructure in rural areas so that they can be connected to urban development centers. By increasing the allocation in infrastructure items, urban markets will also benefit and employment will increase. The government has focused on rural infrastructure in this budget. Finance Minister Nirmala Sitharaman has increased the allocation…
Reducing the duty on gold will not only make it cheaper for the common customers, but will also benefit the gold jewelery sector. Jewelers believe that this decision of the government will increase the demand for gold. However, this will not increase the price. Gold and silver prices will come down due to duty cuts….
Finance Minister Nirmala Sitharaman has announced the introduction of agricultural cess on petrol and diesel while presenting the general budget for 2021-22. He has announced imposition of agricultural cess at Rs 2.5 per liter on petrol and Rs 4 per liter on diesel. The Finance Minister said, “I propose to impose agricultural infrastructure and development…
The whole country is staring at the defense budget amid long-running tensions with China and Pakistani infiltration. The defense sector also has great expectations from the budget 2021-22. Actually, the coming years are going to be very important for the defense of our country. Let us know what are the expectations of the defense sector…