Amid tight fiscal situation, Agriculture Minister Sharad Pawar today said hedoes not expect big freebies like cheap crop loans in the forthcoming Budget for 2013-14 which is likely to be 'a tight Budget'.
Even as several enthusiasts in the country continue to queue up in a bid to realize India's maiden dream of low-cost ...
Siddharth Lal, CEO, Eicher Motors Ltd says the hike in excise duty to 12% announced in Budget 2012, along with inflationary pressures and cost of raw materials is likely to lead to a subdued quarter for commercial vehicles.
As the Union Budget 2012 did not propose too many tax changes, financial planner Gaurav Mashruwala said he was disappointed as expectations were not met.
Apart from the important announcements by the India’s Central Bank and the government, the assembly elections in Uttar Pradesh dominated the news for a large part of the previous fortnight, says Dilip Bang, Nirmal Bang.
With the conclusion of the Union Budget 2012 and after reading the fine prints, the investors realised what actually the finance minister left for them in their kitty.
The nation's most ambitious mission to deliver quality education to the have-nots in the country, reportedly ...
According to Samir Arora, fund manager at Helios Capital, the stock market will shrug off the Budget and will not refocus on liquidity flows.
Sunil Dutt, Managing Director, Research In Motion India says, "It can be said that the Budget was well balanced and focuses more on long-term growth aspects instead of short-term populous measures, can be termed as positive and growth oriented."
Finance Minister Pranab Mukherjee today presented Union Budget 2012, the 81st Budget in India’s history. Individually, this is Mukherjee's seventh annual Budget, second-highest by any Finance Minister.
Increasing the Sum Assured to Premium Ratio to 10 times will promote long term contracts. It will also encourage customers to go in for higher protection.
In order to widen the tax base, the government is proposing to impose 18.5% Alternate Minimum Tax (AMT), a variant of Minimum Alternate Tax (MAT), on sole proprietorships and partnership firms.
By Mr. Madhavan Menon – Managing Director, Thomas Cook (India) Ltd
Siddhartha Upadhyay, director, Mavcomm Group says the increase in service tax to 12% will not have any major impact on services industry that he welcomes the steps taken by the Finance Minister.
By Mr. Pradeep Jain, Chairman, CREDAI and Chairman, Parsvnath Developers
If you were celebrating about some small tax saving gains due to the Union Budget, then you actually need to stop and see whether you will actually end up with some benefits at the end of the day.
Naina Lal Kidwai, country head of HSBC India, tells CNBC-TV18 that the main worrying factor in this Budget is government expenditure.
By Nimesh Shah, MD & CEO, ICICI Prudential AMC
E&Y India says Budget 2012 was a mixed bag for the IT industry.
The only important announcement for the M&E sector was that service tax would now not be applicable on copyrights relating to the recording of cinematograph films.
Senior citizens and retired individuals have reason to celebrate after finance minister Pranab Mukherjee announced that they are exempt from tax payments.
The budget has failed to make any major announcement for investors. What the budget has done is some minor tweaks here are there.
Businessmen hit below the belt with increase in service tax and excise duty rate. But widening of income tax bracket to provide a small breather.
NRIs can benefit from STT deduction. the Budget announced a 20% cut in STT to 0.01%.
A housewife's Budget will take a beating after finance minister Pranab Mukherjee raised the service tax rate.