The budget for the ministry of science and technology in the 12th Five Year Plan is set to witness a three-fold increase. The minister of state for science and technology Ashwani Kumar pointed out tha

Ahead of the presentation of the Union budget, software icon N.R. Narayana Murthy on Monday urged the government to make it easier for businesses to grow and ease norms for foreign direct investment a

There could be some good news for ailing Air India in the upcoming budget with the government considering a support package of about Rs 10,000 crore for it, including Rs 6,600 crore worth of equity

Ahead of the budget, Finance Minister Pranab Mukherjee on Saturday met financial sector regulators including RBI Governor D. Subbarao and Sebi chairman U.K. Sinha, to seek their inputs for formulati

Andhra Pradesh Finance Minister Anam Ramnarayan Reddy on Friday presented a tax-free, revenue-surplus budget for 2012-13 with an overall expenditure of over Rs.1.45 lakh crore.

He told the assembly d

Ahead of the Budget, some members of a Parliamentary panel scrutinising the Direct Taxes Code (DTC) Bill on Friday pressed for raising the income tax exemption limit to Rs 5 lakh per annum.

The Stand

The Railways appears to have firmed up plans to raise passenger fares in AC classes in face of depleting financial resources and little options available to generate funds.

As pressure is mount

The budget session of parliament is likely to begin from the second week of March, informed sources said on Monday.

The union budget for 2012-13 could be presented in the third week of March, followi

India's budget for 2012-13 should send a credible signal on fiscal consolidation by reforming the petroleum subsidy, Montek Singh Ahluwalia, deputy chairman of India's planning commission, said in an

The government will present the Union Budget for 2012-13 after March 9, Finance Minister Pranab Mukherjee said here on Wednesday.

"We are working on date. We will (present) the budget after (Assembly