BUDGET-2010

News Headlines

Budget: Negative impact for soda ash producers

The levy of clean energy cess on domestic and imported coal at Rs 50 per tonne can...

Chemicals: Side stepped in the Budget

The hike in excise duties will be largely passed on to customers.

Budget largely sidelines textiles sector

Cut in TUFS scheme allocation is a major negative while extension of interest...

Cut in I-T to boost FMCG sale

The FMCG sector's demand growth will be powered by effective reduction in the personal...

Maran hails budget proposals for textiles sector

Union Textiles Minister Dayanidhi Maran has hailed the Budget proposals-2010-11...

Renewable Energy: 61% increase in outlay

Finance Minster Pranab Mukherjee in his Budget Speech in Parliament on Friday proposed...

Medical equipment: Basic duty of 5% on import

A uniform concessional basic duty of 5 per cent, CVD of 4 per cent with full exemption...

Major tax relief to agriculture, related sectors

The Union Budget 2010-11 presented by the Finance Minister Pranab Mukherjee in the Lok...

Sops for R & D in scientific, social sectors

The Union Budget 2010-11 presented by the Finance Minister Pranab Mukherjee in the Lok...

Infotainment sector to benefit from sops

The Union Budget 2010-11 seeks to address the needs of multi-service operators to...

Excise hike may push up steel prices by Rs 600/ton

The domestic steel companies such as SAIL and Tata Steel are likely to increase prices...

Cement prices likely to go up by Rs 8-10 per bag

Cement prices are likely to go up by around Rs 8-10 per 50 kg bag with manufacturers...

Tea: Extend concessional duty

Year 2009 turned to be good for tea sector with higher realizations and spurt in...

Govt may widen scope of tax on entertainment

The Central Board of Excise and Customs (CBEC) has recommended amending the rules to...

Computer education: Provide tax breaks

With the thrust of the government to further education and to get the education system...

Entertainment: Cut customs duty on set-top boxes

Also seeks removal of excise duties on set top boxes for free to air transmission, and...

Sugar: Unveil policies to promote ethanol as green fuel

Sugar sector has been buoyed up by high sugar prices and seeks policies to promote...

Budget 2010: Import tariffs may come down

Focus on agriculture, infrastructure and services sector can help the country's GDP to...

Biotech industry seeks fiscal sops

India's biotechnology industry is pushing the government for fiscal incentives, import...

Costs to patients must come down

The customs duty should be at a substantially lower rate for all types of imports i.e....

Fertilizers: Cut customs duty on inputs

Implementation of nutrient-based subsidy and direct payment of subsidy to the farmers...

Hike customs duty on ferro alloys to 10%

The ferro alloy sector seeks hike in customs duty on entire range of ferro alloys to...

MSMEs seek sops from Union Budget

The Industries Association of Uttarakhand, an organisation of MSMEs, has prepared an...

Tyres: Cut Customs duty on raw materials

Remove anomaly of higher customs duty on inputs by cutting the customs duty on natural...

Cement: Give abatement on excise duty

Surplus scenario emerges despite double digit growth in demand on accelerated capacity...