The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur


  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Business

Budget focused on Healthcare and Taxpayers – Shrawan Kumar Malu

by TLN Team February 1, 2021
written by TLN Team February 1, 2021
Budget focused on Healthcare and Taxpayers – Shrawan Kumar Malu

Covid pandemic at least made us realise that our healthcare sector is weak and the government to become conscious thereby announcing Centre sponsored scheme Prime Minister Atmanirbhar Swasthya Bharat Yojana with an outlay of Rs 64,180 crores to boost healthcare infrastructure across the country. Senior citizens’ above 75 years of age, having pension and interest income being exempted from filing tax returns is a welcome step. VTA’s pending demand is somewhat fulfilled by the Govt announcing Voluntary vehicle scrapping policy to phase out old and unfit vehicles. Admittedly the government hasn’t changed direct taxes, however took steps in direct tax incentives to ease compliance for taxpayers. The proposal to amend the definition of small companies under the Companies Act, 2013, whereby as per the new definition, small companies will mean a company that has paid-up share capital of not more than 2 crores from earlier 50 lakhs, along with raising the threshold of Annual Turnover from 2 crores to 20 crores is welcome step. Shrawan Kumar Malu President – Vidarbha Taxpayers Association (VTA)

The Taxpayers have earned Govt’s trust – Tejinder Singh Renu, Secretary – Vidarbha Taxpayers Association (VTA)

I am very much satisfied and happy with the budget announced. It seems the Government has realised much trust on the taxpayers, whereby few compliances have been withdrawn including reducing re-opening of assessment from previous 6 years to 3 years. Healthcare & vaccination are given due advantage with more allocation of funds. A healthier India is certainly a more productive India. Furthermore, we feared the introduction of a new Covid surcharge or likewise, however no change in tax slabs is much of a relief. Farmers & infrastructure also gets required importance, including Rs. 5976 Cr for Nagpur Metro’s Phase II. However the hospitality sector was expecting some relief being the most hit due to the ongoing pandemic, which unfortunately got missed. Aim of minimum government, maximum governance is really appreciable.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
Nirmala Sitharaman in budget 2021-22 attempted to give something to everyone: Dipen Agrawal, CAMIT
next post
Where are new Smart Cities as promised in Budget 2015?

You may also like

Action taken against 31 businessmen  for selling products...

May 17, 2022

Rupee hits all-time low against Dollar

May 17, 2022

NARENDRA MODI’S GOVERNMENT WILL ADDRESS ALL GST ISSUES...

May 15, 2022

Udyamita Yatra to reach city on May 24

May 13, 2022

Swiggy shuts down Supr Daily, suspend Swiggy Genie

May 11, 2022

VIA LEW conducted seminar on “Role of Technology...

May 11, 2022

Rupee touches all-time low of Rs 77.42 against...

May 10, 2022

Coal India is the third largest corporate spender...

May 8, 2022

Parag Agrawal’s wife linked with Musk’s $44 bn...

May 8, 2022

Valediction Ceremony of the 74th Batch of Indian...

April 28, 2022

Trending News

  • Mini MBA course in just one rupee, know how

    May 17, 2022
  • Know how to block spam calls on iPhone

    May 16, 2022
  • India reeling under 50°Celsius is a matter of concern

    May 16, 2022
  • Rohit Sharma, K L Rahul to be rested for T20 series

    May 15, 2022
  • Australian Cricket Star Andrew Symonds Dies In Car Crash

    May 15, 2022

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

February 2021
M T W T F S S
« Jan   Mar »
1234567
891011121314
15161718192021
22232425262728

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.