Algo Trading


Stock Market Blogs

Budget 2021 announcements February 01 2021Budget 2021, Nirmala Sitharaman, Atmanirbhar Bhara

Visit Count: 685

Budget 2021 Announcements

In the speech which lasted for almost 2 hours, Finance Minister Nirmala Sitharaman announced high capital expenditure for the fiscal and emphasized more on infrastructural development. Sitharaman tabled the 15th report of the Finance Commission in Lok Sabha early on 1st February 2021. She hopes to get back to fiscal consolidation path by FY26. The report recommends the fiscal deficit will reach below 4.5 percent by FY26.

Top takeaway’s  

Finance Minister Nirmala Sitharaman said the government would borrow Rs 80,000 crore to fulfill FY21 expenditure in the remaining two months.

The highest single-day gain in stock clocks in 10 months: Sensex climbs 1400 points, Nifty tops 14,000 and Dalal Street welcomes the expansionary budget of FM

Health Care sector

India has decided to spend Rs2.23 lakh crore on public health care, a 137% increase in the amount. FM also announced Rs 35,000 crore for Covid-19 vaccines. It clearly indicates that we need some health care reforms amidst the sudden Covid-19 Pandemic in order to fight with any such unforeseen situation in the near future.

Customs Duty reforms.

In an attempt to improve local demand, FM Nirmala Sitharaman declared a slew of changes in customs duty. She clarified that the government has been revamping the customs duty system since last year and has removed 80 outdated exemptions. This year, Sitharaman is seeking a study of more than 400 old customs exemptions to put into place a revised customs duty system. Custom duty is being increased on certain goods like steel, leather, finished synthetic gemstones, auto parts and chemicals etc. Exemptions are withdrawn in order to encourage MSME sector and increase domestic trade, as these goods are easily available in our own country and will increase opportunities for MSME’s. 

Tax reforms.

Although there was no relief or reform for direct tax payers as the decade's first budget keeps personal income tax slabs unchanged, tax exemptions are to be considered for affordable house loans. Tax holiday for start-ups is extended by 1 more year. The tax burden on senior citizens above 75 years of age is reduced. Pensioners above the age of 75 are excluded from filing returns.


The Finance Minister has allocated Rs 3,726 crore for the next Census. This would be the first digital census ever conducted in India.

Infrastructure sector

In Budget 2021,  finance minister announced the establishment of Development Financial Institution (DFI) for which Rs 20,000 crore has been allocated to be capitalized by Budget 2021. In 5 years, the DFI will be aiming for a Rs 5 lakh crore portfolio. She announced that Rs 5,000 crore from road infrastructure is to be transferred to NHAI InvIT. Rs 7,000 crore of transmission assets to be moved to PGCIL InvIT.

Education sector

‘’Many of our cities, backed by the Government of India, have different institutions, universities, colleges. For instance, Hyderabad has almost 40 major institutions. We will establish a formal umbrella structure in nine cities so that these institutions can have stronger synergies while retaining their internal autonomy as well’’, Quoted the FM. The government will enact the legislation envisaged in the National Education Policy 2020 for the establishment of the Higher Education Commission of India (HECI). FM also suggested the establishment of a central university in Leh to facilitate "accessible higher education in Ladakh."


FM has also proposed the consolidate provisions of acts such as SEBI Act, Depositories Act, Securities Contracts Regulation Act and Government Securities Act. With a Divestment target of 1.75 lakh crore, Government has announced to privatize 2 PSU Banks and one general insurance company (LIC). FM also added that LIC IPO will come up in the year 2021-22.

Budget 2021 is a vision for ''Atmanirbhar Bharat'', will boost India's self-confidence, stated PM Narendra Modi.

Although the proposed budget is declined towards infrastructural development in some states of India, there were no solid reforms proposed for middle income group, Personal tax payers and agricultural sector. 

Blog Enquiry

Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.


  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost
"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Dear Investor if you wish to revoke your un-executed eDis mandate, please mail us with ISIN and quantity on by today EOD."

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201




Indrendu Joshi. Email: Call : 0731-4797275

Investor grievance complaint :