BUDGET-2010

News Headlines

Dear Pranab Babu...

The common man's main grouse is high inflation numbers. But there are other anomalies...

Pranab's daughter comes out with Budget wishlist

Her letter, mostly in jest, also highlights the problems that women face in the...

'Govt should allow direct investments in biotech'

The industry needs a 10 year extension of tax benefits for standalone R & D entities.

Industry wants palm oil declared as plantation crop

More than 40% of the domestic edible oil requirements are imported, and it is...

Budget: India Inc's wish list

India Inc points out issues that need to be addressed in the Budget.

Budget: Oil drilling services seek tax holiday

Expects exemption of oil and gas profits from minimum alternate tax and all cess in the...

Cement industry seeks status quo on excise duty, service tax

The fall in cement prices and improving demand together add cream to the cement product...

Name anti-cancer drugs life-saving: Biotech firms

Association of Biotechnology Led Enterprises said customs duty at 12.5 per cent,...

IT, ITES industry for continuing tax benefits

It has also appealed the government to invest in the security infrastructure in the...

PMEAC pitches for partial roll back of stimulus

The Review said the economy would grow by over 7.2 per cent during the current fiscal...

Budget: India Inc urges govt not to raise excise, service tax

The stimulus packages should continue for another year or at least till October 31, he...

Budget: Realty sector wants tax reliefs

With the Budget just a little over a week away, the Indian realty sector has lined up...

Budget: What the common man wants

The Union Budget is in the wings. While economists, analysts and political pundits are...

Continue auto sector stimulus: Min to FM

At the peak of the slowdown in December 2008, the government had announced a 4 per cent...

'Govt must work out a proper transport policy'

The duty reduction and work towards the goal of GST has helped industry to remain...

'Ease norms for setting up units in SEZs'

'Abolish withholding tax on ESOPs'

'Segregate technology segment into two'

It is desirable that now IT industry has to move up the value chain and to facilitate...

Telecom services: Usher in uniform license fee

COAI seeks uniform 1% of AGR as license fee and to de-link USO levy from the revenue...

IT cos seek tax sops beyond 2011

The government must create a National Technology Acquisition Fund to increase...

Focus on growth in Budget: DLF to Pranab

The country's economy is estimated to grow at 7.2 per cent in 2009-10 from 6.7 per cent...

'Continue stimulus for 1 and a half years'

After a 13-month contraction following the slowdown in demand in the western markets,...

FM should aim for rationalising Customs tariff in Budget

The Customs tariff is much too complicated with basic Customs duty, two types of...

Direct tax code may hit senior citizens

Sheilu Sreenivasan, founder president, Dignity Foundation, an NGO that works for the...

Demand for cut in income tax rates

In a pre-Budget wishlist, Vinod Juneja, managing director, Braj Binani Group, said, "I...

'Budget must look at fiscal consolidation'

D R Dogra, managing director and CEO, Care Ratings, says that the finance minister...