In the backdrop of the COVID-19 pandemic and the worldwide economic recession, Finance Minister Nirmala Sitharaman presented her third budget on February 1, 2021, making it her shortest one yet at 10,500 words and lasting around 110 minutes.
The focus was to reset the economy by spending heavily on infrastructure development and upping the healthcare outlay by 137 percent.
The government has come up with a roadmap for Aatmanirbhar Bharat through a six-pillar approach to kickstart the economy by creating demand through novel infrastructure projects funded by the government or by public-private partnerships.
On the tax side, the Budget introduced several changes from dispute resolution and assessment framework, reducing routine compl…
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