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Latest Updations On Indian Budget

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Budget 2012: Budget gives boost to aviation sector
Mar 16, 2012 at 14:36 | Source: PTI
The Indian airline industry today got a major relief with the government allowing it to raise capital through external borrowings worth USD one billion for a year, as it planned to allocate Rs 4,000 crore to ailing Air India.
Budget 2012: Car makers race ahead on friendly Budget
Mar 16, 2012 at 14:22 | Source: Reuters
Indian car makers heaved a sigh of relief and saw their shares soar after the federal budget did not hike taxes on diesel cars, in a boost for diesel-focused manufacturers such as Mahindra and Mahindra and Tata Motors.
Budget 2012: India Inc fears more taxes
Mar 16, 2012 at 10:07 | Source: Reuters
India's businesses, already facing high interest rates and a global economic slowdown, worry that the finance ministry will ask them to shoulder a bigger tax burden in the budget set for release on Friday to trim the fiscal deficit.
All is well... let's now focus on execution: Nilesh Shah
Mar 01, 2011 at 12:00 | Source: Moneycontrol.com
Indian Budget is presented in a tone of 'All is well'. Lets hope that this attitude is with a view to face the problems staring at us with a positive mind set rather than an Ostrich like behaviour of not recognising them.
Lowering of tax on foreign dividends positive: BMR Advisors
Feb 28, 2011 at 15:33 | Source: CNBC-TV18
The rate of tax on dividends received by an Indian company from its foreign subsidiary has been lowered to 15% for improving flow of such funds into India. In an interview with CNBC-TV18, Mukesh Butani, Partner, BMR Advisors, speaks about the move.
Budget 2011 to affect individual sectors: Blackstone
Feb 28, 2011 at 13:59 | Source: Moneycontrol.com
Punita Kumar Sinha, senior MD of the Blackstone Group, finds a 4.6% fiscal target very ambitious at present. She also says that the budget doesnt change the perception which foreign institutional investors have of the Indian market.

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