HIGHLIGHTS OF UNION BUDGET 2021-22
HIGHLIGHTS OF UNION BUDGET 2021-22 · First digital Budget in the history of India · Vehicle Scrapping Policy. Vehicle Fitness Test after 20 years in case of Personal vehicle and 15 years in case of commercial vehicles · 64,180 crores allocated for New Health Schemes · 35,000 crores allocated for Covid Vaccine · 7 Mega Textile Investment parks will be launched in 3 years · 5.54 lakh crore provided for Capital Expenditure · 1.18 lakh crore for Ministry of Roads · 1.10 lakh crore allocated to Railways · Proposal to amend Insurance Act. Proposal to increase FDI from 49% to 74 %. · Deposit Insurance cover (DICGC Act 1961 to be amended). Easy and time bound access of deposits to help depositors of stress banks. · Proposal to revive definition of ‘Small Companies’ under Companies Act 2013. Capital less than 2 Cr. and Turnover Less than 20 C