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BUDGET 2012 13
India scrambles to steady rupee as oil shock bitesIndia is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fas...
Auto Inc turning to cleaner fuels, but SUVs still chug on dieselDiesel engines remain popular for Indian SUVs, offering torque and efficiency for long drives. However, upcoming BS7 emission standards wil...
- Budget 2012-13: Common tax code on anvil for service tax, excise duty
On the lines of the proposed DTC, the govt plans to come out with a Common Tax Code (CTC) for service tax and central excise duty to harmon...
- Union Budget 2012-13: Download the complete documents
The Budget 2012 saw a number of changes being announced across the sectors of the economy.
Budget 2012-13: Govt spending seen driving domestic IT sectorGovt spend on technology this year is likely to cross record levels with UIDAI and other technology driven projects in various arms of govt...
- Union Budget: FM announces Rajiv Gandhi Equity Savings Scheme
Pranab announced equity savings scheme in Budget 2012, that will provide I-T deduction of 50% for those who invest Rs.50K in equity and ear...
Budget 2012 India: Highlights of Pranab Mukherjee's speechThe Union Budget 2012-13 speech made by the Finance Minister Pranab Mukherjee saw a number of changes being announced across the sectors of...
Union Budget 2012-13: DTC to be implemented at the earliestThe Finance Minister Pranab Mukherjee announced the implementation of the Direct Taxes Code (DTC) at the earliest.
Union Budget 2012-13: Excise duty raised to 12% from 10%In the final step towards rolling back of stimulus, an excise duty hike from 10% to 12% was announced by the Finance Minister Pranab Mukher...
Budget 2012-13: Inflation & current account deficit to come down next yearThe Finance Minister Pranab Mukherjee in his Union Budget 2012-13 speech on Friday said that he expects the inflation and current account d...
Budget 2012-13: Share of manufacturing in GDP will be increased, says FMThe govt aims at increasing contribution of manufacturing to the GDP to 25% within a decade, FM Pranab Mukherjee said while presenting Budg...
Budget 2012-13: Political compulsions may influence the Budget, says Bimal JalanThe budget will announce the right thing but whether they can do it really depends on the political will and political consensus.
Union Budget 2012-13: Efforts on for consensus on 51% FDI in multi-brand retailThe Finance Minister Pranab Mukherjee in his Union Budget 2012-13 speech said that efforts were on to arrive at a political consensus on th...
Budget 2012: Govt to raise Rs 30,000 crore from divestment in next financial year, says FMThe govt will raise Rs 30k cr from divestment in next financial year, FM Pranab Mukherjee said while presenting the Budget 2012-13.
Union Budget 2012-13: GST to be operational by August 2012To operationalize the GST, the Constitution (115 th Amendment) Bill has been introduced in the Lok Sabha in March 2011 to enable Parliament...
- Budget 2012: Direct transfer of subsidy for kerosene initiated, says FM
Direct transfer of subsidy for kerosene into bank accounts of beneficiaries has been initiated in Alwar district of Rajasthan and will be r...
Union Budget 2012-13: Focus on removing infrastructure bottlenecksThe focus of the Union Budget 2012-13 would be to up domestic demand and raise private investment.
Budget 2012-13: Fiscal deficit not necessarily a problem for India, says Shankar SharmaHe dismissed concerns on a fiscal deficit target of 4.5% becoming 5% or 5.2%. He says that the country has seen big downtrends in public de...
Budget 2012: Extend service tax exemption to all power projects, says IEEMAIn its pre-budget memorandum, the IEEMA has appealed to the Government for extending service tax exemption to all power projects, including...
Budget 2012: Levy uniform and specific rate of excise duty on cement, says CMACMA in its pre-budget memorandum has asked the government to encourage cement industry and bring it at par with other core and infrastructu...