New Delhi: Finance Minister Pranab Mukherjee presented the federal budget for 2011-12 on Monday, promising not only to address the twin issue of curbing inflation and pushing growth but also tackling

New Delhi: Expressing "serious concern" over the generation and circulation of black money, Finance Minister Pranab Mukherjee today said the government has adopted a five-fold strategy to deal with

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

New Delhi: The government today said low-cost housing loans of Rs 15 lakh will be eligible for one per cent interest subsidy, which will help in increasing the demand for such housing.

In his Budg

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

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

Finance minister Pranab Mukherjee is likely to give tax concessions to the salaried class and offer incentives to farmers in his Budget 2011-12 tomorrow to give relief from high prices and keeping an eye on elections in five states.

New Delhi: Railways are unlikely to carry out any major changes in passenger fares in the Rail Budget for the eighth year in succession, even as more than 100 new trains could be announced, including