The Union Budget 2012 is silent on taxation of onsite software services, a key demand of the software industry following tax notices issued...

Exporters said that although the minister mentioned that India has successfully diversified export and import markets, he was silent on maj...

Increase in excise to 12 per cent as announced in the Budget on Friday will push up steel prices by up to Rs 1,000 per tonne, leading firms...

However, the NGOs expressed unhappiness and said the budget has left disability sector extremely disappointed and disillusioned.

However, DTZ said that affordable housing is exempted from service tax and the move would give a boost to affordable housing segment.

While the Bombay Bullion Association (BBA) flayed the Budget, commodity players in general welcomed the proposals.

However, there is no specific provision for deduction of tax on the remuneration paid to a director which is not in the nature of salary.

Drug prices will rise marginally as the govt has raised excise duty both on chemical inputs and finished products in the Budget 2012-13 pre...

How much does he plan to put in the pocket of the members of parliament, the President and the vice president of India? ET takes a close lo...

Tax consultants while welcoming tax proposals have opined that measures will create more upside risks to inflation, which after lying low f...

The Excise duty structure for most petroleum products has been rationalized, with an ad valorem levy of duty at the rate of 14% on most pro...

The Left parties said budget was a "double whammy attack" on common man as its proposals would further hike prices and impose more taxes on...

We hope that this timeline is met as it would certainly help address the multiple taxation issue faced by the MSMEs currently.

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...

Despite the Committee of Secretaries' recommendation last month of imposition of import duty on such equipment, Budget 2012 did not address...

Coffee plantations plagued by labour shortage will benefit from the decision to reduce the import tariff on coffee machines from 7.5% to 5%.

Farmer leaders and economists have said that the budget is disappointing for the agriculture sector.