Budget hike won't help education: Sibal
New Delhi: The 24 percent hike in the outlay for education announced in the union budget will not help the sector because what is needed is a change in mindset, Human Resource Development Minister Kap
Post-budget, NRIs have to spend more in India
Non-residents Indians (NRIs) will have to spend a little more on their visits to India after the latest budget.
As the air travel tax has gone up, NRIs now pay more when they buy their air tickets to
18.5% MAT slammed on SEZ
Feb. 28: In a move that will hit SEZ developers and units in special economic zones (SEZs) in the country, the central government plans to impose a Minimum Alternate Tax (MAT) of 18.5 per cent on them
IT sector faces double negatives
Feb. 28: Even as the IT sector lauded the finance minister for a development oriented budget covering most of the crucial sectors, it is disappointed with the double negatives imposed on the sector wi
India Inc expresses satisfaction
Feb. 28: While the Union Budget may have lacked any high power fireworks, the 30 odd CEOs from India Inc. who spoke to this publication have rated it a neat 7.5/10. The FM would have passed first clas
60+ taxpayers get a bonanza
Feb. 28: Male taxpayers and senior citizens have reason to cheer as the Union finance minister, Mr Pranab Mukherjee, raised the threshold limit for individual. This has been raised by Rs 20,000 to Rs
More goods included in service tax ambit
Feb. 28: Get set to pay up to 10 per cent more for dining out, flying within the country or outside, visit to a doctor or even on your life insurance cover, courtesy the growing ambit of service tax i
Invest in infra projects for inclusive growth
As per FM, India is at a point of inflection in its economic development, but for it to grow at a sustained rate of 8.5 to 9%, its irrigation facilities must expand by 2.5% to 3%: this will help in co
States going to polls get shower of sops
Feb. 28: Presenting his third Union Budget for the UPA-II, in the backdrop of inflation, rising current account deficit and impending Assembly elections in five states, the union finance minister, Mr
Budget tries to power up long-term growth engines
The Union Budget for FY2012 is a growth oriented budget that seeks to build on India’s strengths and to address the challenges that we face. In line with this approach, the budget seeks to build on ou