Starting with the proposed retrospective amendment to Section 9 of the Income...

Setting at rest the uncertainty about overseas investments, Finance Minister...

The Bharatiya Janata Party (BJP) on Monday criticized the Union Budget...

It has been brought to its notice by the government that some persons were...

For instance, a pack of 20 Classic branded cigarettes (from ITC) now costs Rs...

Observing that freight charges cannot keep subsidising the passenger fare,...

In the wake of the Union Budget proposals, developers of Special Economic...

The Indian economy is estimated to grow by 6.9 per cent in 2011-12, after...

In an exclusive interview with rediff.com Gopalan replies back to the critics...

In an hour-long chat on rediff.com on Wednesday, experts Vinay Mahajan and...

The Finance Minister himself admitted that the tax proposal could have some...

Justifying the hike in customs duty on gold in the Budget, Finance Minister...

Your plans to bring home a dream vehicle may just have become a little more...

Critics call fiscal deficit projections ambitious; government to meet...

The next time Amitabh Bachchan hosts Kaun Bangea Crorepati or Sachin...

ONGC to take biggest hit of Rs 4,600 crore, followed by Cairn India and Oil...

In an hour-long chat on rediff.com on Monday, chartered accountant and Income...

The budget is evidence that we have no strategic plans to successfully...

Disagreeing with the formula of hike of one paisa or two paisa per km, Mamata...

The government's plans to reign in petroleum subsidies to plug the fiscal...

Though the annual light & sound show anchored by Finance Minister (called...

Basic Customs Duty is being reduced to 2.5 per cent for the equipments...

The reduction in excise duty and basic customs duty on parts of blood...

The increase in service tax from the 10 per cent to 12 per cent expected to...

Increase in deduction for the new 100 bed hospitals and provision of...

Proposal to provide weighted deduction at 150 per cent of expenditure...

The decision in respect of allowing FDI in multi-brand retail trade up to 51...

Securities Transaction Tax (STT) reduced on cash delivery transactions by 20...

Equity infusion of Rs 4,000 crore into Air India, proposed by Finance...

Interview with Montek Singh Ahluwalia, Deputy Chairman, Planning Commission.

All eyes are now on the low profile Mukul Roy, Trinamool Congress general...

Even as automobile manufacturers are considering increasing the prices of...

The markets tanked 209 points after Finance Minister Pranab Mukherjee tabled...

India's luxury trains are among the world's best.

All eyes are now on the low profile Mukul Roy, Trinamool Congress general...

Bereft of any ideas, the Finance Minister has brought back the conventional...

Spending has been increased again, but there's still no effort in the Budget...

This Budget must be complimented for having taken two very positive steps...

The industry expects 0% duty on all types of fuels, low duty rate of 2% on...

The Cascading taxes has been reduced significantly by permitting utilization...

Exemption of custom duty on coal would help Chlor Alkali companies to lower...

'There is nothing really good about this budget. One will have to read the...

The fiery 'India Shining' and 'India Everywhere' slogans of a not-so-distant...

The Budget arithmetic seemed to be more realistic this time, though the...

Metered taxis, entry to amusement facilities, second-class rail travel, and...

Union Budget 2012-13 has been a great disappointment for the Power Plant...

The shipping industry unlike other industries attracts tonnage tax and the...

Finance Minister Pranab Mukherjee was saddled with a number of handicaps when...

One thing is clear from watching MPs on the Lok Sabha's biggest day: the only...

Pragmatism, perseverance, patience, persistence -- and a lot of detailed work.

Union Budget 2012-13 has given some relief for coffee sector as the Finance...

At a macro level the Union Budget 2012-13 is a balanced one. The Finance...

People from different sectors react to Budget 2013

It will require leadership with business experience, not a bureaucrat, for...

Union Budget has given mixed bag of response for the recommendations of...

The hike in excise duty has only added on to their woes. However, with nil...

Experts speak on Budget 2012-13.

Given the oversupply and weak domestic demand, the paper and paperboard...

Natural gas/Liquefied Natural Gas imported for power generation by a power...

The impact of the Union Budget 2012-13 on the Media & Entertainment sector...

The rise in excise duty will have a negative impact on FMCG companies, which...

The FM could have been bolder, but this is still a forward-looking Budget.

The country is heavily dependent on import. Last oil year (2010-11), country...

Fertilizer demand is set to get a boost on account of cheaper credit...

Industry analysts provide their insight into Budget 2012.

Take a look at what economists and analysts have to say about this budget.

India is faced with a unique opportunity highest increase in working age...

Overall, the budget was Neutral for IT sector. Services sector continues to...

According to the industry Apex association ATMA, domestic Tyre industry...

The Union Budget 2011-12 was a low key affair for the Telecom sector. The...

More than merely being an economic balancing act, this was also about walking...

Union Budget 2012-13 has hiked the cess on crude petroleum oil produced in...

A graphic description of Budget-2012-13

The government on Friday proposed setting up a Rs 5,000 crore venture fund...

The Opposition parties on Friday slammed the Union Budget presented by...

Software body Nasscom expressed its disappointment over the budget as it has...

Clearing the way for oil refiners to pay Iran in Indian rupee, the Union...

Shaili Chopra shares her views on the Union Budget 2012-13.

"The life of a Finance Minister is not easy. Various players, including...

The government on Monday proposed removing the sectoral restriction on...

Firms also said the excise duty hike by two per cent will be passed on to...

Passengers travelling in all AC classes and first class will have to pay...

The Union Budget has proposed to extend concessional basic customs duty of 5...

In order to increase retail participation in the capital market, Finance...

A look at things whose prices will change post Budget.

The government said it will provide capital support of Rs 15,888 crore (Rs...

Pranab Mukherjee said the government proposes to move various legislative...

CSE supports the tax hike on big cars and SUVs but says Budget is incomplete,...

Mandatory reporting of assets held by individuals abroad and re-opening of...

Indirect taxation will be burden on the poor, he said.

Giving some relief to tax payers, Finance Minister Pranab Mukherjee on Friday...

Ram Buxani said increase in the customs duty on gold will help Dubai's business.

Idea of 5.1 per cent fiscal deficit should not deprive credit needs of the...

In a measure that will have far-reaching impact on foreign investment and the...

Budget would have cascading impact on inflation and consumer demand.

Overnight, the Dow Jones industrial average rose 0.4% to 13,253 and the...

Net borrowings of the government in 2012-13 are pegged at Rs 4.79 lakh crore.

Government determined to bring down fiscal deficit to 5.1 per cent of GDP...

Biggest beneficiaries would be people having income between 800,001 to...

A much stronger focus was required on irrigation and water management. The FM...

The steel sector has plenty to cheer in the Budget 2012-13, as it has...

Against the backdrop of stiff opposition by UPA constituent Trinamool...

Subsidy bill on food, petroleum and fertilisers is estimated at Rs 1,79,554...

Finance Minister Pranab Mukherjee made a quantum leap.

Finance Minister Pranab Mukherjee on Friday announced raising of excise duty...

External commercial borrowings to the extent of USD 1 billion to be allowed...

Presenting the Union Budget for the year 2012-13, the Finance Minister...

On the lines of the proposed Direct Taxes Code (DTC), the government plans to...

Food Security Act will be fully provided for and subsidy to be 2 per cent of...

Move is to encourage investment in the infrastructure sector.

Congress ministers on Friday hailed the General Budget as "balanced,...

Telephone use, eat-outs and other activities will cost more.

Finance Minister Pranab Mukherjee presented the Union Budget for 2012-13 on...

In order to augment funds for SMEs (Small and Medium Enterprises), Finance...

The Individual tax payer exemption limit to be raised to Rs 200,000 from Rs...

Government said consultations are on to arrive at consensus on allowing FDI.

Tax collection at source on purchase, in cash, of bullion or jewellery in...

Two important features are Effective Revenue Deficit and Medium Term...

Rs 193,407 crore provision made for defence services in 2012-13.

India will become self-sufficient in urea production in five years.

External commercial borrowings to the extent of USD 1 billion to be allowed...

Finance Minister Pranab Mukherjeet presenting the 2012 Budget said the GDP to...

Economy is now turning around, manufacturing appears to be on revival, says FM.

India has had 28 finance ministers since independence.

There is one unenviable job out there that Pranab Mukherjee is doing and the...

The lender, however, is not likely to reduce its base rate to which all loan...

Mamata-wary corporate heads hope economics wins over politics in Budget.

Last Minute Preview of Budget 2012

Need to classify clinics as industries.

Find out what a salaried person wants from the finance minister.

Tax payers will be looking forward to some relief from Finance Minister...

The finance minister has to present a Budget that will revive investor...

First thing an average citizen thinks about before any Budget is about income...

Expectations are always high from the Budget, but this year the expectations...

India 4th largest economy, yet low per capita income.

Diesel price needs to be revised upward, or subjected to higher taxes, as...

Though Indian banks' exposure to the troubled euro zone is negligible,...

In an hour-long chat on rediff.com financial planning expert Sailesh Multani...

An analysis of major Asian countries' stock indices show that the 30-share...

In order to promote India as a major tourism destination, states need to...

Inflation is expected to moderate to 6.5-7 per cent by March end but...

The Economic Survey 2011-12 on Thursday made a case for allowing foreign...

"Draft of the policy was circulated in 2011 for consultation with various...

Indian companies raised a total of Rs 2.03 lakh crore of fresh capital from...

"Given the compositional shift in the food basket of a common household and...

Diesel price needs to be revised upward, or subjected to higher taxes, as...

India needs to play a more constructive role in global economy, particularly...

The share of housing sector to the overall GDP (gross domestic product) is...

Forecasting 'slippage' in budgeted revenue and fiscal deficit targets for the...

Markets across the world are looking for more exciting products and faster...

The job market has emerged unscathed from a slowdown in the economic growth...

Suggesting a rebound, the government has projected the economy to grow by...

The economy overall was bleak last year with sticky inflation forcing the RBI...

Citing a research paper by A Banerjee, S Cole and E Duflo on the Indian...

Electricity generation during 2011-12 was targetted to increase by 5.4 per...

Volatility in the domestic stock market is likely to persist till the...

India has become the fourth largest economy in the world due to a strong...

The rupee had depreciated sharply during the last six months of 2011. It had...

Glass and Glass Products: Abolish customs duty on Soda Ash

Excise duty at 4% should be imposed on man-made fibres, POY and filament yarns.

Following are the highlights of the Economy Survey 2011-12, a report card of...

About 50 respondents from across banks, financial institutions and...

Among the different products, Air conditioners and LCD's are expected to have...

The Reserve bank of India has kept the repo rate and reverse repo rates...

With 1.36 million employees, the railways are one of the country's biggest...

After presenting the Railway Budget, Railway Board Chairman Vinay Mittal and...

To regularize political funding and eliminate its corrosive influence of...

Trinamool Congress sacks minister for raising passenger fares by 8-22%.

Markets would be keenly looking for fiscal deficit & subsidy figures and...

Provide necessary infrastructure and tax exemptions to encourage product...

Technology can play a big role in helping India overcome infrastructure...

In an interview with Business Standard, Railway Minister Dinesh Trivedi says...

PMO officials said while they had got a request from Trinamool Congress MPs...

Being the basic material for development of economic and social...

Union Railway Minister Dinesh Trivedi on Wednesday announced a marginal hike...

The auto component industry caters to automobile industry through a whole...

Aluminium, one of the major industries in the base metal sector, is moving...

Real estate is a sector which generates second highest employment and...

For the year 2012-2013, the Union Budget should address the challenges of...

EIA expects the price of West Texas Intermediate crude oil to average about...

Concern about corruption has moved to the centre stage and impacted business...

Indian Railways earns 65 per cent of its total revenues from moving goods...

Decorative paints constitute over 75% of the overall paint market in India.

By 2025, natural gas will comprise 20% of the Indian primary energy basket....

Encourage domestic savings by providing tax incentives for investment in...

Indian gems and jewellery market comprises diamonds, colored stones,...

For loan amounts lesser then Rs 25 lakhs, the interest rate should be lower...

It is the fastest growing sector with ever growing concerns.

Government should provide a level playing field to domestic manufacturers by...

Listen to what Taher Badshah, Sr. Fund Manager & Co Head - Equities,...

Duty rates on Cement are one of the highest and next only to luxury goods...

Sugar production is expected to be higher by seven per cent for the season...

The upcoming Union Budget for Financial year 2012-2013 has importance more...

MD & CEO of ICICI Lombard GIC is hopeful that in this budget, the...

Withdraw mandatory excise duty of 10 per cent on branded garments and made...

The common examples of alloy steel are Stain less steel, Silicon Electrical...

We present here Anshuman Magazine's wishlist.

Empowering rural India is of utmost importance and the government needs to do...

And bring it under Nutrient Based Subsidy Scheme

Reduction in corporate tax rate: In view of the fact that the present Budget...

Infusion of additional capital can fuel the growth of these companies, help...

Unfazed by the attack on him by his own party for raising rail fares, Railway...

Remunerate Business Correspondent Channel to bring sustainability and...

A team of Trinamool Congress Members of Parliament met Railway Minister and...

India Inc's young minds highlight the need for speed in the decision making...

Plan panel Deputy Chairman Montek Singh Ahluwalia welcomed the initiative to...

The Annual Plan for Railway for 2012-13 is put at highest ever Rs 60,100...

Union Railway Minister Dinesh Trivedi said the new Express Trains would...

Railway Safety Plan for 12th Plan would be Rs 16,842 crore (Rs 168.42...

Trivedi presented the Railway Budget in the Parliament on Wednesday.

BSE market breadth is positive. Out of 1,509 shares traded, 1,073 shares have...

The steel ministry has recommended 10 per cent import duty on the alloy in...

Railway investment in the 12th Plan to be Rs 7.35 lakh crore

We are already seeing pressure of inflation, we also seeing slowdown in...

Prime Minister Manmohan Singh on Wednesday hailed as "forward-looking" the...

Sinha, a former Finance Minister, said the hike put a 'big burden' on the...

India Inc welcomed the Railway Budget by describing it as "balanced" focused...

The Indian Railways has one of the busiest railway networks in the world.

Union Railway Minister Dinesh Trivedi in his maiden Budget announced...

The possibility of key policy rate cut is not bright as industrial output...

Railway Minister Dinesh Trivedi present the Railway Budget on Wednesday.

Train fares have been hiked by 5 paise per km for Sleeper Class, Union...

The Budget session of Parliament started Monday with the President's address.

The Union budget would be presented this Friday.

In February last year, it was 9.54 per cent.

Biocon chairperson and managing director Kiran Mazumdar-Shaw is in a...

Corporate America has urged India's Finance Minister to announce a bold Union...

Wants investment limit for tax savings schemes be increased to Rs 320,000

The bank risks losing credibility if it cuts rates this week despite rising...

With 1.36 million employees, the railways are one of the biggest employers in...

Some say it is time to decongest the existing line infrastructure and cater...

Officials said apart from infrastructure and skill development, agriculture...

Railways were first introduced to India in 1853.

Around 61 million subscribers of the Employees Provident Fund Organisation...

The methods being used by the government to window-dress the fiscal deficit...

Officials have stated the finance ministry is also contemplating doing away...

Second largest shareholder wants public commitment to have market-linked coal...

This year there are high expectations for lowering home loan interest rates,...

The last fiscal has been quite harsh on the businessmen due to several...

Health sector in India has seen some of the most dramatic growth stories in...

Contrary to the popular belief that women are least concerned about the...

Leading job portal Naukri.com said that hiring trends were better last month...

There have been many innovative and helpful developments in the Indian...

Union Budget 2012 will be unveiled soon and as is the case with every Budget...

Car sales in India grew 13.11 per cent to 2,11,402 units in February as...

Output of the manufacturing sector, which constitutes over 75 per cent of the...

State Bank of India Chairman Pratip Chaudhuri says though Friday's cash...

This cut was welcome not just for its well-planned timing, but also for its...

IIP growth has been revised upwards to 2.5 per cent in December, from the...

The Budget changes how much money we take home every month, what we save and...

Key Planning Commission official says push from small-scale industries will...

In the past decade, about Rs 45,000 crore has been returned, either because...

Finance Minister Pranab Mukherjee will likely encapsulate this thinking in...

As per official estimates, the Indian economy is likely to expand 6.9 per...

In its report, which was submitted to the Lok Sabha Speaker Meira Kumar on...

Greater focus on international transactions.

Be aware of the new charges being introduced and transact online to save on...

It is not clear if banks will accept the card for opening accounts.

The economy is in desperate need of a policy boost from the Indian Government...

Despite a dull macro-economic environment almost all the FMCG companies...

As per the White Paper issued by FICCI Gems & Jewellery Group -- the total...

Finance Minister urged to work on alternative modes to lower inflation and...

The industry expects faster finalisation of 2G spectrum bidding process, more...

India Inc's mandate after poll results

Increase of FDI ceiling in Insurance Industry to 49 per cent. Raising the cap...

It is likely that the import duty on input materials would be maintained at...

Industry expects that the import duties on dyestuff should be at least...

Government also needs to take fiscal steps to reduce budgetary deficit....

Remove 10 per cent Excise Duty on Branded Garments or reduced it to 1 per...

While there is pressure on the Reserve Bank of India to cut policy rates to...

The machine tools industry is always the first to be affected in a slowing...

Indian Railways (IR) seems to be caught in a time warp, kept there by...

About 45 per cent of car sales since October have been diesel, but the...

About 5,000 students from China, included for the first time in the The...

To reduce costs, take advantage of the no-claim bonus, buy top-ups or shop a...

There is immense hope that the FM will help turnaround the tepid sentiment in...

Also on the list is a next-gen electric car from the Reva stable.

Seeks to promoting a Fibre Neutral Fiscal Policy

Proposes to increase Exemption Limit for Small Service Providers from Rs 10...

Besides, the council has sought reduction in customs duty on import of...

Fiscal deficit is a big concern for Indian economy currently, says Rajesh...

Despite efforts by carmakers such as Ford, GM and Nissan to aggressively...

Over the years, stakeholders have realised this power of the Budget as a...

Crosses Budget Estimate by 5.5%, govt expected it to be 4.6% of GDP for...

It's earlier prime contender, Honda City, is already in the market now loaded...

Vikas Khemani, President & Head-Institutional Equities, Edelweiss...