The finance minister also provided some relief to readymade garment...
India's per capita expenditure on defence is less than $10, while the average...
The real healthcare issue in India is that there is so little that is...
The announcement left many importers and exporters wondering what he...
The minister further said that he would respond to the issues in his reply to...
What is worrying analysts is that such money that flows into India seems to...
Precious metal coins may attract capital gains tax.
Bowing to pressure, the finance ministry may give industry relief from some...
Budget proposal on CKD tax jolts Audi, Harley-Davidson plans.
In the following analysis, RelaxwithTax has tried to squeeze out the useful...
The Union Budget 2011-2012 is likely to be more beneficial for the special...
The Society of Indian Automobile Manufacturers on Wednesday said the new...
The benefit the ordinary person gets from unchanged fares is more than...
In a Women's Day gift, Railway Minister Mamata Banerjee on Tuesday announced...
Arun Jaitley, the leader of Opposition in Rajya Sabha and Bharatiya Janata...
If you stop siphoning off this money and instead use it to provide food...
The Lok Sabha on Monday approved the Rail budget for 2011-12 after Railway...
There was an acknowledgement from the highest quarters that there was a need...
India's impressive growth has to be more socially inclusive.
The key question is whether the finance minister can aim for this by saying...
The government had in July 2010 imposed a cess on coal at an effective rate...
The huge reduction in the government's support for Bhavini has brought down...
India Yamaha Motors India is gearing up to foray into the fast growing...
Rising crude oil prices have become a headache for the government, as they...
If the union Budget were a human being it would score high on body language.
Clarity of planning and conceptualisation needs to be hallmark of policy...
According to Human Development Report (HDR) 2010, the Human Development Index...
Tax experts said many would use this to bring black money and cash stashed in...
PwC analyses the impact of Budget proposals for 2011-12 on individuals and...
Car and sports utility vehicle makers say they're taken aback by the Union...
At a meeting of the Institute of International Finance, a global association...
Till now ready-made garments and textile made-ups were under an optional...
The proposal was announced in the Union Budget on Monday.
Ludhiana's readymade garment makers on Wednesday announced shutting down of...
Budget 2011 merely reflects the drift in the central government. Perhaps...
Claiming that black money to the tune of Rs 500 lakh crore (Rs 500 trillion)...
The truth about the deficit is that it is designed to serve political...
The FM puts a positive spin on the Budget but the math looks dodgy.
Bharatiya Janata Party's Sushma Swaraj, leader of the Opposition in Lok...
The Indian capital goods industry has not got the much needed import barriers...
The budget has been neutral with positive bias for the auto component industry.
Hinting at the possibility of the Budget proposal for imposition of service...
Calibrated globalisation used to be the Bharatiya Janata Party's buzz word...
In the pre-budget Economic Survey 2010-11, the Union finance ministry made a...
The government has facilitated setting up of Central Electronic Registry...
Electric power is the key input required for manufacture of caustic soda and...
The 5per cent service tax (effectively on whole amount) on services on...
Overall, Union Budget 2011-12 maintained status quo for the Chemical Industry.
The Finance Minister has withdrawn excise exemption on 130 items and a...
Budget has hiked customs duty on all ores and concentrates from 2 per cent to...
In line with the industry expectations, the government has indicated that it...
Now SEBI registered Mutual Funds would be allowed to accept subscriptions...
Exemption limit for the general category of individual taxpayers will...
We thought if tax rates were not increased, manufacturing units would have...
This scheme would help salaried people, especially those working in far-flung...
Government will get an additional tax of Rs. 2,110 crore from proposed changes.
At present, when Indian corporates declare dividends, a dividend distribution...
Renault is also mulling a new small car, their sixth model in the country, to...
Premised on the 'best-case scenario' in terms of growth and revenue, the...
Some of the initiatives are aimed specifically at the poorer sections of the...
Better fiscal balance on back of revenues from 3G auctions.
Markets may have initially cheered the FM's static borrowing numbers, but the...
Benchmark Sensex soared higher by 623.10 points - the biggest one-day gain...
We needed an action to bring down the price difference between a farmer and a...
Percentage of liberalization is yet to be seen, but this for sure will open...
Stock market on Tuesday cheered the Union Budget for the second consecutive...
India Inc on Tuesday described Finance Minister Pranab Mukherjee as...
After a strong opening this morning, following a fairly satisfactory Budget...
The penalty can be a maximum 50 per cent of the tax.
Grappling with a high rate of price rise, the government on Tuesday expressed...
Allocation for the sector has been set at Rs 52,057 crore, up from Rs. 31,036...
Going the direct subsidy route, the prices of kerosene and LPG will go up in...
Multiple concerns have, of late, raised questions about India's continuing...
There have not been any significant changes either in the personal income tax...
Budget has provided an additional assistance of Rs. 500 crore to the National...
Finance Minister has proposed to grant specified parts of hybrid vehicles...
Textiles: Slaps mandatory excise duty on RMG and apparels with 40% abatement...
Budget measures will help in increasing the width and depth for...
Oops, no, onions don't look tempting enough to be part of our investment...
The finance minister's Budget Speech has come as a surprising blessing as he...
Despite deregulation of petrol prices and a hike in retail prices of other...
The Centre expects its revenue loss on account of tax sops to export oriented...
India Inc believes that the FM has done a terrific job, but consumers may not...
One can say that with the host of expenditure plans announced in the Budget,...
Excise duty on formulations has increased from 4 per cent to 5 per cent.
While the strategic focus of the budget on various matters is explicit, the...
Overall the Budget seems to be neutral and shows a similar trend as shown in...
Finance Minister Pranab Mukherjee's Budget had quite a few tax-related...
"We had announced last year that the decision would be taken at an...
The Budget tries to address the financing challenge in infrastructure by...
Amidst sweeping changes expected in the customs and excise duties, the entire...
The vehicle will be powered by a 3.0-litre TDV6 diesel engine, featuring an...
This Budget is an interesting cocktail of growth orientation with...
To promote low-cost housing, this Budget proposes to extend the existing one...
The levy will be 10%, with an abatement of 50%, effectively bringing down the...
Earlier, the customer paid service tax on 1 per cent of the premium. From the...
FMCG: Cut in excise duty on baby, clinical diapers, adult diapers and...
The finance minister has shown a pre-occupation with controlling prices.
Traders caution that branded jewellery customers may start opting for...
Car and two-wheeler manufacturers have heaved a sigh of relief after Finance...
Yesterday's Budget, last week's Economic Survey and the coming Approach Paper...
The forward process is on, the Finance Minister Pranab Mukherjee tells NDTV...
The finance minister (FM) in his speech confirmed growth forecasts in the...
Auto: Retained excise duty at 10% on all automobiles except large cars.
I guess there is this nagging suspicion that the arithmetic adds up just too...
Corporate America has showered kudos on Finance Minister Pranab Mukherjee for...
The Budget is commendable, as without making any major tax changes it has...
I strongly believe that if the government does indeed have the mindset and...
Here are the Budget numbers crystallised into graphics.
In an exclusive column to Rediff.com, CPI-M general secretary Prakash Karat...
"You can't please all people. And the finance minister has done as good a job...
"You can't please all people. And the finance minister has done as good a job...