New Delhi: The Union Budget 2021 presented by the Finance Minister Nirmala Sitharaman did not bring any relief to the middle class as income tax slabs remained unchanged.
Sitharaman proposed a sharp rise in capital expenditure for the next fiscal to Rs 5.54 lakh crore, from Rs 4.39 lakh crore in the current financial year.
The finance minister gave a miss to the traditional ‘bahi khata’ as she opted for a tab for the paperless budget of 2021.
A look at revised cess on items, as per budget 2021:
– Agri cess of Rs 2.5/litre on petrol & Rs 4/litre on diesel
– Agri infra cess of 2.5% on gold, silver and door bars
– Agri infra cess of 100% on alcoholic beverages
– Agri infra cess of 17.5% on crude palm oil
– Agri infra cess of 20% on crude soyabean, sunflower oil
– Agri infra cess of 35% on apples
– Agri infra cess of 1.5% on coal, lignite & peat
– Agri infra cess of 5% on specified fertiliser (urea etc)
– Agri infra cess of 40% on peas
– Agri infra cess of 30% on kabuli chana
– Agri infra cess of 50% on bengal gram/chick peas
– Agri infra cess of 20% on lentil (mosur)
– Agri infra cess of 5% on cotton (not carded or combed)
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