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INDIA BUDGET 2012
A nation of sporting moments, not yet a sporting cultureIndia celebrates sports in flashes, with non-cricket athletes often struggling for recognition and financial security. Despite government s...
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...
From tech to tinsel town: 10 Indian actors who are graduates from IITs and NITsMany Indian actors built strong academic foundations in engineering from prestigious institutions like IITs and NITs before pursuing career...
Jet fuel supplies are lagging. What does that mean for airlines and travelers?A looming jet fuel shortage in Europe and Asia, triggered by the Iran war and the closure of the Strait of Hormuz, could significantly disr...
Budget 2012 India: Lower TDS for NRIs on certain bond investmentsIn his Budget Speech for 2011-2012, Finance Minister Pranab Mukherjee had said that in order to attract foreign funds for financing of infr...
Budget 2012 India: Credible, but will it deliver?The finance minister was saddled with a number of handicaps when he presented the 2012-13 budget on Friday. For starters, he went seriously...
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.
- Union Budget 2012-13 is no tonic for a slowdown-hit economy
Finance minister Pranab Mukherjee projects economic upswing, starting with 7.6% growth in 2012-13.
- Budget 2012 balances reality with hope: Kalpana Morparia
The govt did a commendable balancing act that provides for credible but perhaps a bit less ambitious fiscal consolidation with measured pol...
Budget 2012 and its impact on NRIsDeferring of DTC may come as a relief for NRIs as the proposal would have impacted all those NRIs who visited India frequently.
- Budget 2012 impact: Vodafone tax issue may be re-opened
A reference to this example will be made in the review petition currently pending with the SC on the Vodafone tax case.
Union Budget 2012 for NRIs: Ask Sandeep Shanbhag where to investSandeep Shanbhag is a Chartered Accountant and Director of Wonderland Consultants, a tax and financial advisory firm in the business for ov...
Budget 2012: Relax corporate tax and surcharges to boost software sale, says Pari Natarajan, CEO, ZinnovThe Union Budget 2012 should remove all ambiguities in the definition of software and relax the tax burden.
- Budget 2012: Reduce customs duty on coal, says CII
CII has asked for reduction of customs duty from 5% to NIL on non-coking coal in the Union Budget to give some relief to users.
Budget 2012: 3 DTC provisions that make NRIs waryDTC is expected to become effective, at least partly, from the 1st of April 2012. A few provisions of the DTC are a little harsh for Non Re...
Budget 2012: NRIs look for transparency in real estate dealsThe recent depreciation in the rupee provided a great opportunity for Non Resident Indians (NRIs) who were looking at remitting funds to In...
Budget 2012: Let NRIs invest in corporate and infrastructure bondsCurrently, foreign individuals are allowed to invest in Indian bonds only as a sub-account of a foreign institutional investor (FII).
Budget 2012: Can equity investing be simpler for NRIs please?With projected GDP growth rates of 7% upward, India promises to be a good investment even in the future.
Budget 2012: Make repatriation procedures clearOver the last many years, the Reserve Bank of India (RBI) has, as part of its liberalization program made it easier for Non Resident Indian...