Some wake-up facts from Budget 2013
Mar 09, 2013 at 10:11 | Source:
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:
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:
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:
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:
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...
Indian Hotels Company Ltd.
Jul 06, 2012 at 20:00 | Source:
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:
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:
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...
No vindictive intent behind amending tax laws: Pranab Mukerjee
Mar 25, 2012 at 20:33 | Source:
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:
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...
Aakash gets Rs 765 crore in Budget 2012
Mar 22, 2012 at 10:07 | Source:
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...