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BUDGET 2012 ANALYSIS
Sensex bleeds on Budget Day for fifth yearThe 152-point fall in the Sensex on Monday marked the fourth time in last five occasions when the BSE benchmark ended lower on the Budget D...- Budget outlay for children show steady fallIndia is home to about 442 million children — that constitute 39% of the country’s population — but receive less than 3.26% of the budget.
- Net capital formation rises 27% to Rs 89,834 croreNet capital formation during the current fiscal is expected to increase by 26.6 per cent to Rs 89,834 crore, government data says.
- Spectrum revenue estimate in Budget 2012-13 was without analysis: ChidambaramChidambaram today said that Rs 40,000 crore spectrum revenue estimate in budget 2012-13 was mentioned without any analysis.
- Union Budget 2013: Pre-Budget meetings with P Chidambaram begin tomorrowThe current financial year 2012-13 has been difficult for the country's economy, with growth slipping to 5.4 per cent in the first half thi...
- Centre's move to change the treatment of capital grants will hurt outlook on state financesThe budgetary developments of states are critical to facilitate the process of economic growth and social-sector developments.
- Budget 2012: Look deeper into Finance Minister's big actThis year's budget was important to some like no other. ET on Sunday finds out what the budget had for each of the businesses.
- Budget 2012: Real benefit for those falling in Rs 8-10 lakh income bracketThe net savings for individuals having an income of Rs 10,00,000 will be Rs 22,660 along with 3% cess on income tax.
- Budget 2012: How to not pay any tax with an income of Rs 7.85 lakhWhile the maximum exemption limit remains at Rs 5 lakh, it is theoretically possible to have an income of Rs 7.85 lakh and not pay any tax.
- Budget 2012: Hotel accommodation, eating out to become expensive with service tax hikeFoodies and foot-loose Indians have both hit a speed bump. Traveling Indians will have to shell out more when they stay in hotels.
- Budget 2012: The wait gets longer for big tax cuts and DTCThe Finance minister gives some tax relief through higher exemption limit, but takes back most of it by way of a 2% increase in service tax...
- Budget 2012: Increase in excise duty will increase car prices, says RC Bhargava, Maruti SuzukiNormal practice is that the increase in excise duty is passed onto the customer. So, I expect that will happen this year also.
- Budget 2012: FM has presented a balanced budget on education, says Shiv Nadar, HCLUnion Budget 2012 has supported industry's long time demand to improve the provision and standards of education in the country.
- Budget 2012 is neutral and not dramatically negative: Hiren Ved, Alchemy CapitalThere is nothing in the budget which should worry markets. It does not have any big bang vision or reforms but it has moved ahead in terms ...
- Budget 2012 is realistic and very practical: Angel Brokingif we look at budget, budget has been quite realistic and very practical. Investor would tend to believe this number what has been projecte...
- Budget 2012 is rational with a positive direction of policy: Nirmal Jain, IIFLIn an interview with ET Now, Nirmal Jain, Chairman, IIFL, shares his first reaction to the Union Budget 2012-13. Excerpts:
- Budget 2012 is a modest budget: Deepak Parekh, HDFCConsidering that it was a difficult year the Finance Minister has been fair, he has been equitable to practically each and every sector whi...
- Economic survey 2011-12: Rs 1.08 trillion cost overrun in 583 central projectsOf the 583 central projects underway involving an outlay of Rs.8.21 trillion only seven are ahead of schedule and 166 are on schedule, says...
- Budget 2012: What to expect for job sectorExperts look forward to a positive impact on hiring in most sectors including IT/ITeS, Banking & Finance Infrastructure, Power and Healthca...
- Budget 2012: Why Pranab Mukherjee is more tensed this yearThere is no doubt that Pranab Mukherjee's budget for the year has gone awry. ET looks at why his coffers are empty:
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