OPINION
BUDGET:
Union Budget 2009-2010 — No tactics to curb fiscal deficit
The Budget presented by the Finance Minister, Mr Pranab Mukherjee, has left the equity market cold. In fact, the Sensex tanked by 953 points, intra-day. This was perhaps the result of unjustified euphoria generated by the vision presented by the ...
INCOME TAX:
Aam aadmi fobbed off
The aam aadmi, by whom the UPA Government swears, has every reason and justification to feel let down by the Budget 2009 proposals, especially in the context of improvement in the lot of the khas aadmi. ...
EDITORIAL:
Spend and deliver
Listening to the Finance Minister, Mr Pranab Mukherjee, one could be forgiven for thinking how familiar the Union Budget’s objectives sounded; last week, Ms Mamata Banerjee’s Railway Budget speech too had been peppered with references ...
BUDGET:
Not a big bang Budget!
Given all the favourable factors, one would have thought that the Finance Minister, Mr Pranab Mukherjee, would take a big, bold leap forward with some eye-catching masterstrokes that would together form vital components of a dynamic strategy ...
BUDGET:
Major changes to transfer pricing
Since the introduction of Transfer Pricing Regulations in 2001, certain significant issues and controversies have arisen, which required appropriate resolution through issuance of necessary administrative guidelines and/or suitable amendments to ...
BUDGET:
Missed chance at micro level
It is often said that if the Country has to grow, then its Infrastructure should ...
BUDGET:
Well-tuned stimuli
Indian economy remained largely insulated from the global financial meltdown due to the well-calibrated measures taken by the Government of India and the Reserve Bank of India. The economy posted an impressive 6.7 per cent growth in 2008-09 ...
BUDGET:
No clear fiscal roadmap
It is unfortunate that there was neither specific measure nor significant articulation of a roadmap to fiscal consolidation in the Budget. However, the 13th Financial Commission report this October could give us the broader picture for the ...
BUDGET:
Nothing path-breaking
Budget 2009-10 is a mixed bag of positives and negatives, but there is nothing ...
BUDGET:
Towards prosperity
In an environment of economic challenges and exceptional expectations, the Honourable Finance Minister has demonstrated characteristic steadiness in presenting the Union Budget 2009. With a promise to include all sections of society in ...
BUDGET:
Investing for a tax break
The Finance Minister must be congratulated for presenting the first Rs 10-lakh crore budget in the country’s history — a sure sign that India is a power to be reckoned ...
TAXATION:
Definitions get well-defined
Finance Bill, 2009 is notable for the novelty introduced in the Definition clause of the Income-Tax Act, 1961. Taxability of a receipt or allowance is determined on the basis of meaning given to the word in the Act ...
TAXATION:
Positives, negatives
As Budget 2009 was read out by the Finance Minister, the stock market plummeted. While various industries have differing perceptions on the impact of the Budget, the provisions of income-tax law have been tinkered with. What follows is ...
TAXATION:
Reason to cheer for IT
The Budget is a mixed bag for the information technology (IT) sector. First, the bag of goodies. The sunset for the tax holiday under Section 10A/B has been extended by one year and the IT sector can now breathe easy up to March ...
BUDGET:
Revive real estate growth
In recent times, the real estate industry has been strapped for liquidity, be it debt or equity capital. Factors such as declines in pre-sales, reduced affordability and high interest rates for mortgage borrowers have combined to adversely ...
BUDGET:
A glass half full
The much awaited Union Budget is now out and its impact on the markets in the near term, in my view, should be on the negative ...
BUDGET:
A little change, we can
This Government’s decisive victory in May was unexpected. The mood of the nation swung from being apprehensive about a hung parliament, or worse, being governed by a motley coalition of incompatible partners, to jubilation at having ...
BUDGET:
Tax reforms and rationalisation
It has been a difficult task for the Finance Minister to balance fiscal deficit on the one hand and to meet expectations of corporate India and individuals on the other ...
BUDGET:
Spending power
Nothing gets as hyped as an anachronism which has advertising value — look at Valentine’s Day or Father’s Day or Mother’s Day…. or Budget Day. Yet, it does not make any sense in the Indian context to do ...
BUDGET:
Maintenance job
Union Budget 2009-10 was presented by Mr Pranab Mukherjee in a totally challenging environment. The expectations were high and these included tax breaks, raising FDI limits in insurance, Government divestiture plans, capital market ...
BUDGET:
More continuity
The Finance Minister, Mr Pranab Mukerjee’s second Budget in less than four months has more continuity than change. The textile industry, in particular, has some positives and one serious negative in this Budget. On the positive side is ...
BUDGET:
‘They’ don’t know or care… yet
I grew up in the tribal districts of Orissa. In places like Koraput and Keonjhar, where my boyhood was spent, the nearest railhead was a day’s journey from home. The tribesmen made a living by cultivating the slopes of the ...
Columnists:
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C Gopinath
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Harish Bijoor
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G Chandrashekhar
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S Murlidharan
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Sharad Joshi
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Mohan Murti
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S Balakrishnan
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Bharat Savur
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B S Raghavan
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Ganesh Challa
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Bhanoji Rao
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Swati
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T Banusekar
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Ramanujam Sridhar
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Ranabir Ray Choudhury
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Rasheeda Bhagat
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P.V. Indiresan
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P Devarajan
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S Muralidhar
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R K Raghavan
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B Venkatesh
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S Venkitaramanan
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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