Mumbai: The stock market zoomed past the 18,000-level on a slew of investor-friendly Budget proposals like higher FII investments in corporate bonds and a cut in tax surcharge, but frenetic profit-bo

Highlights of Budget for 2011-12:

* Service tax widened to cover hotel accommodation above Rs 1,000 per day, A/C restaurants serving liquor, some category of hospitals, diagnostic tests

New Delhi: Petrol and diesel prices look set to be hiked after Finance Minister Pranab Mukherjee ignored calls for its reduction in customs and excise duty to contain the impact of spurt in global cr

New Delhi: Stationery items widely used by school children, text books, branded ready-made garments and jewellery, treatment in private hospitals, air travel and lawyer fees will become costlier foll

In a bonanza to the farming community, the government on Monday announced loans at interest rate of four per cent — three per cent less than market rate — for farmers who pay their dues in time and raised the credit target for farm sector by Rs 1 lakh crore.

Welcoming the increased allocation for education as well as telecom sectors in the Budget, Union minister Kapil Sibal on Monday said the interest of the common man has been taken care of.

New Delhi: Finance Minister Pranab Mukherjee, who quit smoking pipe several years ago, has spared the tobacco industry - a prime source of raising revenue for the exchequer - by not raising excise dut

New Delhi: With a fair dose of reforms in the form of direct kerosene and fertiliser subsidies to users, Finance Minister Pranab Mukherjee on Monday presented the federal budget for 2011-12, promisin

New Delhi: In the Union Budget 2011-12, Finance Minister Pranab Mukherjee today announced higher tax exemption limit of Rs 1.8 lakh for individuals and further benefits to senior citizens, addition

New Delhi: Petrol and diesel prices look set to be hiked after Finance Minister Pranab Mukherjee ignored calls for its reduction in customs and excise duty to contain the impact of spurt in global cru