- Budget 2012 unless rectified will doom economy: Subramanian Swamy
Terming the Budget as "ridiculous", Subramanian Swamy today said that the fiscal proposals unless rectified will "doom the economy".
17 Mar, 2012, 03.11 PM IST
- Budget 2012: FM announces credit linked subsidy programme for MSMEs
A credit linked subsidy programme namely Prime Minister's Employment Generation Programme (PMEGP) is being implemented, Finance Minister Pr...
17 Mar, 2012, 12.21 PM IST
- Budget 2012: No capital gains tax for SMEs on sale of residential property
In order to augment funds for SMEs, Finance Minister Pranab Mukherjee proposed to exempt capital gains tax on sale of a residential propert...
16 Mar, 2012, 09.27 PM IST
- Budget 2012: MSME a fertile ground for production of low-cost medical devices, says FM
In order to provide impetus to this sector, he proposes to reduce basic customs duty to 2.5 per cent with concessional CVD of 6 per cent on...
16 Mar, 2012, 09.13 PM IST
- Budget 2012 raises compulsory tax audit limit for SMEs
Pranab Mukherjee on Friday raised the limit for compulsory tax audit for Small and Medium enterprises (SMEs). For SMEs, the turnover limit ...
16 Mar, 2012, 09.08 PM IST
Union Budget: Branded silver jewellery fully exempt from excise dutyFinance Minister Pranab Mukherjee announced that branded silver jewellery fully exempt from excise duty.
16 Mar, 2012, 01.01 PM IST
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...
16 Mar, 2012, 12.51 PM IST
Union Budget: School education exempt from service taxFinance Minister Pranab Mukherjee announced that school education will be exempt from service tax.
16 Mar, 2012, 12.51 PM IST
- Union Budget: No change in corporate tax rates
Finance Minister Pranab Mukherjee chose to leave corporate tax rates unchanged in the Budget for 2012-13.
16 Mar, 2012, 12.38 PM IST
- Union Budget: Infrastructure will require Rs.50 lakh crore in 12th Plan, says FM
Infrastructure will require Rs.50 lakh crore in 12th Five Year Plan, half of this from the private sector, Finance Minister Pranab Mukherje...
16 Mar, 2012, 12.20 PM IST
Budget 2012-13: Fiscal balance has deteriorated, says FMIndia's fiscal deficit nos. were impacted negatively due to decreased corporate tax collections & increased subsidy payouts, FM said while ...
16 Mar, 2012, 12.14 PM IST
Union Budget 2012-13: FY 12 was a year of recovery interrupted, says FMFY 12 was a year of recovery interrupted for the Indian economy, which was hit by global factors, FM said while presenting Budget 2012-13.
16 Mar, 2012, 12.13 PM IST
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...
16 Mar, 2012, 12.10 PM IST
Union Budget 2012-13: FDI in aviation by global airlines under active consideration, says FMThe government is actively considering allowing FDI in aviation by global airlines, Finance Minister Pranab Mukherjee said while presenting...
16 Mar, 2012, 11.52 AM IST
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.
16 Mar, 2012, 11.48 AM IST
- 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...
16 Mar, 2012, 11.26 AM IST
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.
16 Mar, 2012, 11.20 AM IST