Some cheer, some pain
It's a Budget that made nobody greatly happy nor anybody deeply unhappy. The ordinary taxpayer cheered the small addition to his pocket by way of a hike in the exemption limit of... »
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Hike interest deduction limit for housing loans to Rs 5 lakh: Assocham Need broadbased consensus to push economic growth: PM How Budget makes the aam aadmi pay more Calculate the tax impact Budget fails to ignite PSU stocks
Securities transaction tax slashed to 0.1%
The Government has lowered the securities transaction tax (STT) to 0.1 per cent, a move that will bring down the costs of equity transactions.“In order to reduce transaction costs in the ca... »
Day-to-day items to cost more; luxury cars to turn dearer
Day-to-day items to cost more; luxury cars to turn dearer
A budget for growth with stability: Pranab
Wasted window of opportunity
If only the Finance Minister displayed real gumption on the reform front by taking the bull by its horns. The window of opportunity that was available to him this year has been wasted. Next year being the one just before the General Election, his options would only narrow and the gap on the fiscal front widen further, analysts caution. »
Sops for steel industry
The Finance Minister has announced several relief measures for the steel sector, including reduction of basic Customs duties on plant and machinery imported for setting up of iron ore pellet plant... »
A budget for growth with stability: Pranab
The Finance Minister, Mr Pranab Mukherjee, today said that the budget was aimed at giving boost to “growth with stability” and there was a “determined effort to regain the path of fiscal consolida... »
Logistics
Rail transportation of goods to turn costlier
Rail transportation of goods is set to become more expensive with the Finance Ministry proposing to impose a service tax on this segment. This is according to the Budget Proposal of 2012-13. ... »
Service tax hike to hurt realty sector
Banking
Recapitalisation support, a welcome step: Indian Bank
According to Mr T.M. Bhasin, Chairman and Managing Director, Indian Bank, the recapitalisation support to public sector banks of Rs 15,888 crore would help augment their lending capabilities. »
