UNION BUDGET HIGHLIGHTS 2021-22 ADDA 247 --PURCHASE ADDA BOOKS USING ...
ADDA 247 BUDGET HIGHLIGHTS THANKS
Important One Liners Based on Union Budget 2021-22
- The Union Budget is presented by: Union Finance Minister.
- Jal Jeevan Mission with an outlay crore to
cover houses and to be implemented over five years: Rs 2.87 lakh
- GoI to be allocated for further funds for
COVID-19 vaccines. we will provide more for COVID-19 vaccines if
required: Rs 35,000 crore
- Power transmission assets are to be
transferred to Power Grid InvIT: Rs 7,000 crore
- Union budget comes under: Article 112.
- How much amount has been allotted by the
government for National Highway Projects in Tamil Nadu: Rs 1.03
lakh crore.
- How much amount FM announces for public sector
banks: Rs 20,000 crore.
- Finance Minister Nirmala Sitharaman announces
a new gas pipeline project for: Jammu and Kashmir.
- How much amount has been earmarked for
promoting a digital mode of payment in Union Budget: Rs 1,500
crore.
- Finance Minister Nirmala Sitharaman announced
an allocation to the state of Goa for celebrating the 60th anniversary of
the liberation from Portuguese rule: Rs 300 crore.
- FM announces a special scheme for the welfare
of women and children in Assam and West Bengal tea workers: Rs
1,000 crore.
- The fiscal deficit has been estimated for
2020-21: 9.5% of GDP
- Central University to be set up in: Leh.
- NRIs to be spared from double taxation. New
rules to be notified. Tax audit limit: increased from Rs 5 crore
to Rs 10 crore.
- The government has given relief measures for
senior citizens by removing the need to file income tax returns for those
aged over: 75 years.
- Tax holiday for start-ups increased by one
more year – till March 31, 2022.
- Customs duty on copper scrap cut to: 2.5
per cent.
- Exemption duty on steel scrap up
to: March 2022
- Customs duty on solar lanterns cut to: 5%.
- How many textile parks will be launched
for over three years: 7
- National Infrastructure Pipeline has been
expanded to: 7,400 projects.
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