Finance minister Pranab Mukherjee‘s decision to double the remuneration of Anganwadi workers from `1,500 to `3,000 per month is a major victory for the 22 lakh workers who form the backbone of the cou

The government’s proposed imposition of five per cent service tax on treatment in private hospitals, paid either by individuals, insurance companies or firms has been strongly criticised by the health

The finance minister announced allocation of `2,200 crores to boost production of vegetables, pulses, oilseeds, millets and fodder in the Budget 2011-12 hoping to control price rise in essential food

The decision to not roll back fiscal stimulus in the Budget by keeping excise duty rate unchanged may be to send “clear signal” that the government was committed to Goods and Services Tax, yet the far

Air-travel will get more expensive from April 1, with the government announcing an increase in service tax on air-tickets in the economy class while taxation on domestic travel in business class has a

In a major Income Tax reform, the finance minister Pranab Mukherjee has proposed that the people who get salary need not file their Income Tax returns in case they don’t have any other source of incom

For the consumer, gold and silver is going to be a tad costlier, but the industry is much more worried about the ambiguity of the term “branded jewellery” that may also cover every piece of jewellery

Get set to pay up to 10 per cent more for dining out, flying within the country or outside, visit to a doctor or even on your life insurance cover, courtesy the growing ambit of service tax in the cou

As is his wont, Union finance minister Pranab Mukherjee presented Budget 2011-12, his sixth one, with aplomb, but for a minor snafu as he skipped two paras of his speech and to which he reverted a lit

Prime Minister Manmohan Singh has said that the Budget is aimed at consolidating fiscal deficit and will meet the challenges of the country’s economic growth.