BUSINESS
Tue, Mar 29, 2011
Why PM thinks this budget meets all the challenges

"You can't please all people. And the finance minister has done as good a job...

Tue, Mar 22, 2011
Pranab withdraws service tax levy on healthcare

The finance minister also provided some relief to readymade garment...

Why India needs to spend more on its defence

India's per capita expenditure on defence is less than $10, while the average...

Mon, Mar 14, 2011
How to address India's healthcare disaster

The real healthcare issue in India is that there is so little that is...

Self-assessment in Customs for cargo worries traders

The announcement left many importers and exporters wondering what he...

Fri, Mar 11, 2011
Govt looking at suggestions on tax: Pranab

The minister further said that he would respond to the issues in his reply to...

EXPLAINED: How Budget helps turn black money white

What is worrying analysts is that such money that flows into India seems to...

Are you a collector? Look out for the taxman

Precious metal coins may attract capital gains tax.

Thu, Mar 10, 2011
Govt may roll back some Budget taxes

Bowing to pressure, the finance ministry may give industry relief from some...

Budget jolt: Major auto firms rethink India plans

Budget proposal on CKD tax jolts Audi, Harley-Davidson plans.

Wed, Mar 9, 2011
The TRUE impact of Budget on your tax, money!

In the following analysis, RelaxwithTax has tried to squeeze out the useful...

Under developed states to benefit from Budget: Fitch

The Union Budget 2011-2012 is likely to be more beneficial for the special...

Budget: Luxury car makers to be hit

The Society of Indian Automobile Manufacturers on Wednesday said the new...

Mamata's insult to the aam aadmi

The benefit the ordinary person gets from unchanged fares is more than...

Free local train travel for school, college girls

In a Women's Day gift, Railway Minister Mamata Banerjee on Tuesday announced...

Tue, Mar 8, 2011
This is the most dishonest govt ever: Jaitley

Arun Jaitley, the leader of Opposition in Rajya Sabha and Bharatiya Janata...

This is what stops India from being global leader!

If you stop siphoning off this money and instead use it to provide food...

Mon, Mar 7, 2011
Railways performance good, says Mamata; LS clears Rail Budget

The Lok Sabha on Monday approved the Rail budget for 2011-12 after Railway...

India set to become a $2-trillion economy!

India's impressive growth has to be more socially inclusive.

How India could be transformed into a tax haven

The key question is whether the finance minister can aim for this by saying...

Govt's Clean Energy Fund stays pristine

The government had in July 2010 imposed a cess on coal at an effective rate...

Govt slashed nuclear power budget 45% to Rs 757 crore

The huge reduction in the government's support for Bhavini has brought down...

Yamaha building scooter for India market in Japan

India Yamaha Motors India is gearing up to foray into the fast growing...

Diesel price rise not likely till state polls

Rising crude oil prices have become a headache for the government, as they...

Fri, Mar 4, 2011
If the Union Budget were a human being...

If the union Budget were a human being it would score high on body language.

Why the Budget needs more clarity

Clarity of planning and conceptualisation needs to be hallmark of policy...

What the Budget means for the social sector

According to Human Development Report (HDR) 2010, the Human Development Index...

Budget opens back door for black money: Experts

Tax experts said many would use this to bring black money and cash stashed in...

Thu, Mar 3, 2011
Budget a harbinger of good things? Could be

There was an acknowledgement from the highest quarters that there was a need...

Budget: This is the real benefit for you & me!

PwC analyses the impact of Budget proposals for 2011-12 on individuals and...

Auto firms in a fix over new duties

Car and sports utility vehicle makers say they're taken aback by the Union...

Experts doubt fiscal deficit target

At a meeting of the Institute of International Finance, a global association...

Textile sector fumes over Budget; plans strike

Till now ready-made garments and textile made-ups were under an optional...

Wed, Mar 2, 2011
FM's 'return' gift to cover all taxpayers

The proposal was announced in the Union Budget on Monday.

Excise duty: Garment makers to shut down units

Ludhiana's readymade garment makers on Wednesday announced shutting down of...

Budget '11 is an item number. By Sheila for Munni!

Budget 2011 merely reflects the drift in the central government. Perhaps...

Indians have Rs 500 lakh crore black money: Ramdev

Claiming that black money to the tune of Rs 500 lakh crore (Rs 500 trillion)...

Fiscal deficit: It's time to end stimulus

The truth about the deficit is that it is designed to serve political...

Budget: The math looks dodgy

The FM puts a positive spin on the Budget but the math looks dodgy.

Budget disappoints the capital goods sector

The Indian capital goods industry has not got the much needed import barriers...

Some cheer for auto components industry

The budget has been neutral with positive bias for the auto component industry.

Service tax on hospital bills may be rolled back

Hinting at the possibility of the Budget proposal for imposition of service...

More baby steps towards capital account convertibility

Calibrated globalisation used to be the Bharatiya Janata Party's buzz word...

Budget to boost human capital

In the pre-budget Economic Survey 2010-11, the Union finance ministry made a...

Housing Finance: Interest subvention extended

The government has facilitated setting up of Central Electronic Registry...

No respite to the chlor alkali sector

Electric power is the key input required for manufacture of caustic soda and...

Healthcare sector unhappy with the service tax

The 5per cent service tax (effectively on whole amount) on services on...

Chemicals: Duty cuts to benefit carbon black producers

Overall, Union Budget 2011-12 maintained status quo for the Chemical Industry.

Branded jewellery hit by 1% excise duty

The Finance Minister has withdrawn excise exemption on 130 items and a...

Budget hikes duty on ores, concentrates

Budget has hiked customs duty on all ores and concentrates from 2 per cent to...

Infra status to benefit fertilizer sector

In line with the industry expectations, the government has indicated that it...

Foreign investors get direct access to Indian MFs

Now SEBI registered Mutual Funds would be allowed to accept subscriptions...

Hike in excise duty and MAT

Exemption limit for the general category of individual taxpayers will...

'Budget had to make a fine balance'

We thought if tax rates were not increased, manufacturing units would have...

'Exemption from filing returns reposes faith in taxpayers'

This scheme would help salaried people, especially those working in far-flung...

Insurance, healthcare to give maximum service tax

Government will get an additional tax of Rs. 2,110 crore from proposed changes.

India Inc hails move on foreign dividends

At present, when Indian corporates declare dividends, a dividend distribution...

Renault plans aggressive India strategy

Renault is also mulling a new small car, their sixth model in the country, to...

Is the Budget's fiscal strategy credible?

Premised on the 'best-case scenario' in terms of growth and revenue, the...

Tue, Mar 1, 2011
Sushma takes a dig at Pranab

Bharatiya Janata Party's Sushma Swaraj, leader of the Opposition in Lok...

Budget fails to address some issues

Some of the initiatives are aimed specifically at the poorer sections of the...

Lower fiscal deficit gives us comfort: RBI

Better fiscal balance on back of revenues from 3G auctions.

Budget: High on TRPs, low on reality

Markets may have initially cheered the FM's static borrowing numbers, but the...

Investors richer by Rs 2.3 lakh crore post-Budget

Benchmark Sensex soared higher by 623.10 points - the biggest one-day gain...

Agri sector expected concrete direction

We needed an action to bring down the price difference between a farmer and a...

Focus on socio-economic factors

Percentage of liberalization is yet to be seen, but this for sure will open...

Budget fever: Investors richer by Rs 2.3 lakh cr!

Stock market on Tuesday cheered the Union Budget for the second consecutive...

'Pranab is India Inc's Sachin Tendulkar!'

India Inc on Tuesday described Finance Minister Pranab Mukherjee as...

Why markets are on fire post-Budget

After a strong opening this morning, following a fairly satisfactory Budget...

Late payment of service tax to cost more

The penalty can be a maximum 50 per cent of the tax.

Prices may rise further, warns Pranab

Grappling with a high rate of price rise, the government on Tuesday expressed...

Budget cheers up education services firms

Allocation for the sector has been set at Rs 52,057 crore, up from Rs. 31,036...

Subsidies: How the common man is affected

Going the direct subsidy route, the prices of kerosene and LPG will go up in...

A tightrope walk between growth, inflation

Multiple concerns have, of late, raised questions about India's continuing...

Taxation and how it affects personal finance

There have not been any significant changes either in the personal income tax...

Budget brings good news for anganwadis

Budget has provided an additional assistance of Rs. 500 crore to the National...

Budget has a strong green leaning

Finance Minister has proposed to grant specified parts of hybrid vehicles...

Mixed bag of colours for the textile industry

Textiles: Slaps mandatory excise duty on RMG and apparels with 40% abatement...

Budget tries to address financing challenges

Budget measures will help in increasing the width and depth for...

Onions may not be a good investment in 2011, if .

Oops, no, onions don't look tempting enough to be part of our investment...

How the Budget affects various industries

The finance minister's Budget Speech has come as a surprising blessing as he...

Refineries: No reduction in custom duty

Despite deregulation of petrol prices and a hike in retail prices of other...

STPIs' revenue loss likely to go up 21 per cent

The Centre expects its revenue loss on account of tax sops to export oriented...

How Infy, ICICI, Birla rate the Budget

India Inc believes that the FM has done a terrific job, but consumers may not...

A balancing act: Some relief for the common man

One can say that with the host of expenditure plans announced in the Budget,...

Budget has no good news for pharma sector

Excise duty on formulations has increased from 4 per cent to 5 per cent.

Budget has little for pharma industry

While the strategic focus of the budget on various matters is explicit, the...

Budget fails to satisfy everyone

Overall the Budget seems to be neutral and shows a similar trend as shown in...

DON'T MISS! All about the new tax proposals

Finance Minister Pranab Mukherjee's Budget had quite a few tax-related...

Diesel price deregulation to depend on inflation: Mitra

"We had announced last year that the decision would be taken at an...

Budget aims at bridging financing gaps

The Budget tries to address the financing challenge in infrastructure by...

Oil drilling: Industry glossed over by the Budget

Amidst sweeping changes expected in the customs and excise duties, the entire...

Land Rover unveils Range_e hybrid in Geneva

The vehicle will be powered by a 3.0-litre TDV6 diesel engine, featuring an...

Caution on deficit welcome, but capex suffers

This Budget is an interesting cocktail of growth orientation with...

Govt tries for an 'aam aadmi' orientation

To promote low-cost housing, this Budget proposes to extend the existing one...

Hotels: Service tax levy spoils the party

The levy will be 10%, with an abatement of 50%, effectively bringing down the...

Increase in service tax on insurance plans

Earlier, the customer paid service tax on 1 per cent of the premium. From the...

A mixed bag for the FMCG sector

FMCG: Cut in excise duty on baby, clinical diapers, adult diapers and...

How the FM plans to curb rising prices

The finance minister has shown a pre-occupation with controlling prices.

Branded jewellery seek rollback of 1% excise duty

Traders caution that branded jewellery customers may start opting for...

Explained: Why it is the right time to buy cars!

Car and two-wheeler manufacturers have heaved a sigh of relief after Finance...

Budget 2011-2012: A fine balancing act

Yesterday's Budget, last week's Economic Survey and the coming Approach Paper...

How the finance minister defended his Budget

The forward process is on, the Finance Minister Pranab Mukherjee tells NDTV...

FM combines reforms with fiscal discipline

The finance minister (FM) in his speech confirmed growth forecasts in the...

Budget has been positive for the auto industry

Auto: Retained excise duty at 10% on all automobiles except large cars.

Here's how to decode the Budget numbers

I guess there is this nagging suspicion that the arithmetic adds up just too...

Corporate America goes ga-ga over India Budget

Corporate America has showered kudos on Finance Minister Pranab Mukherjee for...

It's a growth oriented Budget: Industry leaders

The Budget is commendable, as without making any major tax changes it has...

Budget 2011 and the dilemmas of a taxpayer

I strongly believe that if the government does indeed have the mindset and...

In GRAPHICS: Budget numbers, simplified

Here are the Budget numbers crystallised into graphics.

EXCLUSIVE! 'UPA has abandoned the aam aadmi!'

In an exclusive column to Rediff.com, CPI-M general secretary Prakash Karat...

Why PM thinks this budget meets all the challenges

"You can't please all people. And the finance minister has done as good a job...