Budget 2021 Highlights

1. Rs. 2.23 Lacs Crores for Health Sector

2. Rs. 35,000 Crores for Vaccines

3. Rs. 18,000 Crores for Public Busses

4. FDI in Insurance increased from 49% to 74%

5. Excess Land of PSUs will be sold as a part of Disinvestment. (very good move) 1/5

6. Small units margin money reduced to 15% from 25%

7. 100 new sainik schools will be opened along with NGOs

8. Senior Citizens above 75 years having only pension & interest Income exempted from filing income tax returns.

9. ITAT also becoming Faceless

2/5

10. Custom Duty on Gold & Silver reduced

11. Custom duty on Solar investors & lalterns is increased.

12. Textile raw material custom duty decreased

14. No Deductions in expenditure for companies for late depositions of employees PF & superannuation funds.

3/5

15. Disinvestment Increased

16. National Contingency Funds increased

17. 1 more year Tax Holidays for Startups

18. One more year exemption of housing loan interest on purchase of affordable house

19. Tax holidays for affordable house renting, for migrant workers & poor

4/5

20. Lot many steps to strengthen MSME & Make in India under Atmanirbhar Bharat

21. New rationalised custom policy by October 2021

22. All custom rates once declared, will be now for 2 years for longitivtiy in planning

23. More stress on make in India mobile phones

5/5