New fiscal year pinches you more
Your life just became more expensive.
With the increase in service tax, from 10 per cent to 12 per cent, proposed by finance minister Pranab Mukherjee in Union Budget becoming effective on Sunday, s
Pranab refuses to anchor here
The Union Budget has failed to meet the expectations of the Kochi port, which has been given a plan allocation of only Rs 25 crore towards rail connectivity to the Vallarpadam terminal and has receive
Pranab: I had to be careful... given realities
Rejecting criticism that General Budget was not bold and he lost the opportunity, finance minister Pranab Mukherjee on Sunday suggested his critics to look at ground realities in the political sphere.
Budget may weaken government's credit profile: Moody's
India's Budget for 2012-13 lacks new solutions to address the fiscal constraints the government is facing and may weaken its credit profile, global credit rating agency Moody's said on Monday.
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2,000 traders shut shops
Jewellery traders in the city have downed shutters for three days starting Saturday, as part of a countrywide protest seeking the complete withdrawal of the hike in the excise duty on gold imports pro
Budget 2012: India could have its cake and eat it too
Finance Minister Pranab Mukherjee took the path of least resistance in his budget. The UPA government is still reeling from the loss of mid-term regional elections and the increasing fragility of its
FM's record doesn't inspire hope on deficit target: Economists
Economists at global rating agencies and fund houses have described the 5.1-per cent fiscal deficit target as an uphill task and devoid of clear roadmap, adding that track-record of the Finance Minist
Experts say no timeline for GST, DTC implementation in Budget
Experts have said the Budget for 2012-13 has failed to set any timeline for implementation of vital economic reform measures and not unveiled any concrete measures to address the problem of ballooning
'Hike in excise duty service tax may not yield desired result'
Hike in excise duty and service tax rates will increase the input cost, fuel inflation and lead to further slowdown in economic growth, corporate leaders said at an interface with Finance Minister Pra
I was extra careful because of political issues: FM on budget
Faced with criticism that his Budget was a lost opportunity, a candid Finance Minister Pranab Mukherjee on Sunday said he was 'extra-careful' because of political compulsions in Parliament, even as he