News from other websites on Budget News
Some wake-up facts from Budget 2013
Mar 09, 2013 at 10:11 | Source: Business Today
Finance Minister Palaniappan Chidambaram outside the Finance Ministry as he leaves for Parliament to present the annual budget in New Delhi on February 28, 2013. Suveen K. SinhaClose your eyes and think of yachts, cigars, income above Rs 1 crore, SU...
Budget 2013: Chidambaram introduces CTT on non-agri commodities
Feb 28, 2013 at 20:02 | Source: Business Today
Much to the dismay of commodity traders and investors, the finance minister has introduced a commodity transaction tax (CTT) in the Union budget 2013-14. For the first time, a CTT of 0.01 per cent has been levied on all non agri-commodities futures,...
Chidambaramspeak on Union Budget
Feb 28, 2013 at 19:01 | Source: The Hindu BusinessLine
New Delhi, Feb 28: The Finance Minister, P Chidambaram's quotes at the post-Budget news conference: *Economy is challenged in a number of ways *Another set of decisions and measures will be announced in reply to Budget discussion and Finance Bill in...
Economic Survey: GDP growth seen at 6.1-6.7% for FY14
Feb 27, 2013 at 13:21 | Source: Business Today
Economic Survey for 2013-14 has projected a 6.1-6.7 per cent growth for the next fiscal, suggesting that the economic slowdown may have bottomed out. Indian economy is likely to growth around 5 per cent this year. The survey also sees the inflation ...
Column : Now you see it, now you don�t
Feb 15, 2013 at 02:17 | Source: Financial Express
How the finance ministry makes the math work for the two sharp cuts in the fiscal deficit planned for this fiscal and the next will get top billing among all budget news on February 28. Compared to this exercise, individual tax measures or allocatio...
Europe stocks rise amid Swiss rally
Jan 03, 2013 at 18:16 | Source: Market Watch
LONDON (MarketWatch) — European stock markets traded mixed on Thursday, with the region’s benchmark index moving higher amid a rally in Swiss stocks on the back of the U.S.’s budget deal to avert the fiscal cliff. The Stoxx Europe 600 index (S...
Euro Slides on Spain Budget News
Sep 28, 2012 at 00:00 | Source: Wall Street Journal
By DEBORAH LEVINE, CARLA MOZEE and SARAH TURNER. The euro fell against the U.S. dollar after Spain outlined its budget plan and forecast a mild economic contraction next year, with investors looking toward the country's budget as a key part i...
Jul 06, 2012 at 20:00 | Source: NDTV Profit
Budget 2012: Full coverage of Union Budget 2012-13, Live Stream of Pranab's Speech. Get the latest Budget news, tax cuts, detailed news coverage of Pranab Mukherjee's Budget 2012.
Australian markets prepared for budget news
May 08, 2012 at 12:22 | Source: Market Watch
SYDNEY (MarketWatch) — Australia is slated to unveil its annual federal budget plan Tuesday night, but strategists believe that financial markets have already factored in most of the likely changes. The Treasury has repeatedly said that it’s sti...
Budget 2012: Venture Capitalists fear setback, to meet officials shortly
Mar 27, 2012 at 03:52 | Source: Economic Times
MUMBAI: The India Venture Capital Association, the industry body for private equity firms and venture capital companies, is planning to meet finance ministry officials shortly to discuss the impact some of the Budget proposals would have on their in...
Families give National Savings Certificates at weddings instead of gold due to strike
Mar 26, 2012 at 22:14 | Source: Economic Times
RAMPUR (UP): Amid the ongoing nationwide strike by bullion dealers, families here are exchanging savings certificates instead of gold jewellery at weddings. The understanding is that they would redeem their 'pawned' certificates by giving jewellery ...
Budget 2012: Plan to change income tax act not vindictive, says Pranab Mukherjee
Mar 26, 2012 at 05:22 | Source: Economic Times
NEW DELHI: Finance minister Pranab Mukherjee has clarified the government does not want to open a large number of old cases and there was no vindictive intent behind the retrospective changes to the Income Tax Act proposed in the Budget. "I can assu...
No vindictive intent behind amending tax laws: Pranab Mukerjee
Mar 25, 2012 at 20:33 | Source: Economic Times
NEW DELHI: Stressing that there is no vindictive intention behind the move to retrospectively amend tax laws, Finance Minister Pranab Mukherjee today said the government does not plan to open a plethora of old cases by making changes to the Income T...
Budget 2012 proposal forces insurers to rework traditional plans
Mar 23, 2012 at 06:52 | Source: Economic Times
MUMBAI: Life insurers will have to rework traditional products before March 31 to comply with changes introduced in the Budget for policyholders to claim tax deductions. About 25-30% of insurance products with premiums less than 10% of the sum assur...
Budget 2012 Impact: EXL service files for advance tax ruling for past buyouts
Mar 23, 2012 at 06:52 | Source: Economic Times
NEW DELHI: The Union Budget 2012-13 is likely to impact overseas buyouts in India's $100-billion IT-BPO industry. As a precaution, Noida-based BPO, EXL Service, has appealed for advance tax rulings, besides setting aside money which may be asked by ...
Budget 2012: Go shopping now escape the burden of hike in service tax, excise duties
Mar 23, 2012 at 03:22 | Source: Economic Times
The finance minister wasn't exactly kind to consumers last week. The 2 percentage point hike in service tax coupled with a range of hikes in excise duties across sectors in the Budget simply means that you will spend more money in the coming days. A...
Budget 2012 India: Why returning NRIs should watch for new clause in Wealth Tax Act
Mar 22, 2012 at 21:48 | Source: Economic Times
As the fine print from the Finance Bill starts trickling in, we bring you details that are likely to impact your taxes. A new provision in the Wealth Tax Act is likely to impact NRIs who have returned to India, especially those with significant asse...
Separate rail budget is unwarranted as tariff hikes don t need Parliament s approval
Mar 22, 2012 at 14:27 | Source: Economic Times
We lauded the rail budget presented by former rail minister Dinesh Trivedi last week as it charted a grid for railways off the beaten track. However, little could we comprehend the import of bizarre shenanigans on the part of a political outfit deni...
Aakash gets Rs 765 crore in Budget 2012
Mar 22, 2012 at 10:07 | Source: Economic Times
NEW DELHI: The world's cheapest tablet project has been allocated about Rs 765 crore in Budget 2012-13, which is likely to trigger the second phase of the project expected to begin in April, even as the first phase is stuck in a deadlock. The alloca...
Budget 2012 impact on insurance: Not all policies will get you tax break, now
Mar 22, 2012 at 05:02 | Source: Economic Times
At the first glance, there was no significant announcement on the insurance sector in the Budget. However, there are some amendments tucked away in the voluminous Budget documents that could have far-reaching implications on the way you treat insura...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
