Tax relief to individuals, promise to curb black money, major push on infrastructure, capital market reforms and huge subsidy cut were among proposals listed by Finance Minister Pranab Mukherjee in th

Prominent highlights of the budget for 2012-13 presented by Finance Minister Pranab Mukherjee in the Lok Sabha on Friday:

* Income tax exemption limit raised to Rs.2 lakh to provide relief of relief

BJP on Friday slammed the Union Budget as 'anti-people' and said it would lead to further price rise hitting the common man.

Finance minister Pranab Mukherjee will present the budget for 2012-13 on Friday against the backdrop of a sharp slowdown in growth, deteriorating fiscal conditions, continuing inflationary pressure an

As Finance Minister Pranab Mukherjee resorted to mopping up more taxes, a disappointed India Inc on Friday said his Budget is a 'missed opportunity' and would have cascading impact on inflation and

India's businesses, already facing high interest rates and a global economic slowdown, worry that the finance ministry will ask them to shoulder a bigger tax burden in the budget set for release on Fr

The government on Friday lowered the Securities Transaction Tax (STT) to 0.1 per cent, a move that will bring down costs of equity transactions.

"In order to reduce transaction costs in the capital

Finance Minister Pranab Mukherjee started presenting what was his seventh federal budget in the Lok Sabha on Friday, with a reference to the state of the global economy and its impact on India.

Ahead

Telephone use, eat-outs and other activities will cost more as Finance Minister Pranab Mukherjee on Friday proposed increasing the service tax rate to 12 per cent from 10 per cent and introducing a

Finance Minister Pranab Mukherjee on Friday said the growth of the Indian economy estimated at 6.9 percent during this fiscal year was 'disappointing' as he started presenting what was his seventh fed