Mar 03, 2014 at 14:50 | Source: Moneycontrol.com
After months of sluggish sales, the auto industry looks set to climb, if February data and management commentary is anything to go by. An excise duty cut in the interim budget would help too.
Feb 17, 2014 at 18:01 | Source: Moneycontrol.com
P Chidambaram made all the right noises in the Vote on Account held today, but many say the finance minister's projections for revenue and expenditure next year are unattainable.
Feb 17, 2014 at 16:24 | Source: Reuters
The government will buy back 150 billion rupees of bonds, while it will conduct a switch of 20 billion rupees as part of its 500 billion rupee debt switch for 2013/14, according to budget documents.
Feb 17, 2014 at 13:04 | Source: Moneycontrol.com
There were no nasty surprises in the form of populist measures from the Interim Budget, but the government seems to be trying to reach out the corporate sector and the middle class as evident from some of the indirect tax incentives.
Feb 17, 2014 at 12:24 | Source: PTI
"Government, RBI and Sebi took a number of measures to facilitate capital inflows and stabilise the forex market. Among emerging economy currencies, rupee was affected the least when the actual reduction took place in December 2013 and January 2014, Finance Minister P Chidambaram said in the Budget speech in parliament.
Feb 17, 2014 at 11:50 | Source: Moneycontrol.com
The CAD in the first half (April-September) of current fiscal narrowed to USD 26.9 billion (3.1 percent), from USD 37.9 billion (4.5 percent) in the first half of 2012-13.
Feb 17, 2014 at 11:00 | Source: Moneycontrol.com
Chidambaram is also likely to highlight the Congress party-led United Progressive Alliance government's achievements and outline the vision for the future. The main budget for the financial year 2014-15 will be presented by the new government that will come into power after the general elections due by May.
Feb 12, 2014 at 12:32 | Source: Moneycontrol.com
In a speech marred by angry protests by lawmakers over the Telangana issue, the Minister, as expected, refrained from any decision on revising passenger or freight fares. After announcing some new trains, the minister largely stuck to presenting the accounts of the previous year and made forecasts for the next financial year.
Feb 12, 2014 at 12:29 | Source: Moneycontrol.com
Mallikarajun presents Interim Railway Budget today. Here are the highlights...
Feb 07, 2014 at 17:07 | Source: Moneycontrol.com
Deduction is available under section 80EE of Rs 1 lakh or the interest amount payable, whichever is less. If the interest payable is less than Rs. 1 lakh during FY 13-14, then the balance shall be allowed as deduction in the next financial year.