Union Budget Highlights

I-T Return Filing For 2012-13 

May 21, 2013 at 10:00 | Source:Moneycontrol.com

By: Amarpal Chadha, E&Y

2013 Service Tax Amnesty Scheme! 

May 21, 2013 at 09:55 | Source:Moneycontrol.com

By: Saloni Roy, Deloitte India

Spain admits recession worse but gets deficit leeway 

Apr 27, 2013 at 13:46 | Source:Reuters

Spain acknowledged that its economy would shrink more than initially expected in 2013 and its budget deficit would be higher than promised, but the European Union gave it more time to bring the shortfall back down to bloc limits.

All India VAT Budget Highlights 2013-14 

Apr 17, 2013 at 11:25 | Source:Moneycontrol.com

This BDO India Newsletter contains highlights of the finance budgets presented by various state governments for the Year 2013-14.

FinMin to pitch for ratings upgrade with Fitch 

Apr 11, 2013 at 17:32 | Source:PTI

Armed with the Budget proposals to bring down the fiscal deficit, the Finance Ministry will pitch for a ratings upgrade at series of meetings with the global agencies over the next few weeks beginning with Fitch from tomorrow.

Expect sentiment to improve in infra space: Feedback Infra 

Apr 09, 2013 at 11:45 | Source:CNBC-TV18

Vinayak Chatterjee, chairman, Feedback Infrastructure, says that P Chidambaram, Union finance minister, GoI, has highlighted the need to unclog stalled projects to boost the infrastructure environment and improve the investment sentiments.

FTA with EU on PM's agenda, insurance cap a sticker 

Apr 05, 2013 at 21:04 | Source:PTI

Increasing the insurance cap by India is virtually a "must" for inking of the long-pending India-European Union FTA, which has seen 15 rounds of negotiations since its launch in 2007.

Urban Housing Fund norms to be finalised shortly: NHB head 

Apr 02, 2013 at 10:45 | Source:Moneycontrol.com

The National Housing Bank (NHB), the regulator for housing finance companies in India is ramping up its efforts on affordable housing, typically priced below Rs 25 lakh. It has almost finalised the scheme for Urban Housing Fund (UHF) of Rs 2,000 crore, recently announced in the Union Budget 2013.

Should you worry about higher DDT on debt funds? 

Mar 28, 2013 at 16:49 | Source:personalfn.com

Faced with intractable fiscal deficit situation, Finance Minister, in Union Budget 2013-14, has tried to pull out all the stops to bolster up revenue by plugging loopholes in taxation. However, this has resulted in some of most popular investments avenues losing their appeal. Read this space to know how it will impact investors.

Hike in excise duty could hurt UV sales, says M&M's Goenka 

Mar 22, 2013 at 11:33 | Source:CNBC-TV18

The 3 percent hike in excise duty hike on sports utility vehicles proposed in the Union Budget could hurt UV sales and lead to a possible shift in demand to other passenger vehicle segments, Pawan Goenka, president, automotive and farm equipment sector, Mahindra & Mahindra, said on Friday.

Sebi allows FIIs to use govt, corporate bonds as collateral 

Mar 21, 2013 at 15:08 | Source:PTI

In a move that would help boost flow of overseas funds into Indian capital markets, regulator Sebi today allowed FIIs to offer government securities and corporate bonds as collaterals for their cash and derivative transactions on the stock exchanges.

CSR status for funding incubators is a half-baked move 

Mar 20, 2013 at 14:30 | Source:SME Mentor

The sop will benefit only a handful of incubators in India; private incubators eye budget proposal on angel funds

Cyprus highlights that savings no more safe: Coopercity 

Mar 18, 2013 at 19:56 | Source:CNBC-TV18

A tiny island nation in Europe is sending shivers across the global markets. Cyprus is the latest nation after Greece, Ireland, Portugal and Spain to seek a bailout from the European Union.

Why the Recent Union Budget Should Get Two Thumbs Up by Ang 

Mar 18, 2013 at 14:24 | Source:SME Mentor

The reaction to this year's budget was no different than earlier budgets. There was an immediate backlash by naysayers.

RBI may cut Repo rate by 25 bps: ICRA 

Mar 14, 2013 at 15:58 | Source:Moneycontrol.com

Expect the RBI may reduce the Repo rate by 25 basis points in the upcoming mid-quarter policy review to address the slowdown in growth: Aditi Nayar, Sr.Economist of ICRA

Is the Union Budget unnecessarily hyped 

Mar 14, 2013 at 12:30 | Source:Moneycontrol.com

People tend to spend more time and efforts in analyzing Union Budget. While there are some points that would impact common man but other than that Budget mostly should be a non event. According to financial advisor Amit Trivedi, it is important to spend more time on ones household budget than the Union Budget.

Mkt obsessed about inflation; see a rally if WPI is 6.4% 

Mar 14, 2013 at 10:30 | Source:CNBC-TV18

The RBI has got to juggle with a lot of things out here. It is not an easy call particularly since their stance has been that they will fight inflation till it is dead. Once you take that kind of stance, then it is difficult to come out of that and start saying it is now growth we will be focusing on.

IIP: Expect industrial growth to recover over next fiscal 

Mar 12, 2013 at 18:28 | Source:Moneycontrol.com

CRISIL Research has come out with its report on IIP data for January 2013. According to the research firm, the industrial growth is expected to recover somewhat over the next fiscal aided by a revival in consumption demand due to higher farm income and lower interest rates.

Relax! India will outperform by year-end: Credit Suisse 

Mar 12, 2013 at 16:26 | Source:CNBC-TV18

"Personally, my own strategy is to buy the dips. So with recent correction, we actually are highlighting India now as one of the four cheapest markets in the region," Sakthi Siva of Credit Suisse told CNBC-TV18 in an interview.

India needs good rating from international agencies: Shome 

Mar 09, 2013 at 16:25 | Source:PTI

India needs good rating from global credit rating agencies to help bolster foreign capital flows into the country, Union Finance Ministry advisor Parthasarathi Shome said today.

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