Union budget

Syndicate content

So, where will Pranab get his cash from?

New Delhi: Here's a look at where Finance Minister Pranab Mukherjee expects the money to come from to fund his Rs.12.58 lakh crore (Rs.12.58 trillion or $280 billion) federal budget:

Rupee Comes From

Budget: IT exemption limit raised to Rs 1.8 lakh

budget1.jpg

Finance minister Pranab Mukherjee on Monday proposed to enhance the income tax exemption limit to Rs 1.8 lakh for the next financial year, from Rs 1.6 lakh now.

Budget leaves IT unimpressed

Hyderabad: The information technology (IT) sector is disappointed at Finance Minister Pranab Mukherjee's union budget for 2011-12 for not extending tax incentives and hiking the Minimum Alternate Tax

Salary earners with income till Rs 5 lakh need not file returns

New Delhi: Salary earners having an income of less than Rs 5 lakhs will not have to file tax returns from this year, a finance ministry official said.

"Salaried people, may be up to Rs 5 lakh...they

'Interest subsidy on Rs.15 lakh housing loan'

In a boost to the housing sector, finance minister Pranab Mukherjee on Monday said low-cost housing loans of Rs.15 lakh would be eligible to get an interest subsidy of one per cent.

No special IT benefits for women: Pranab

New Delhi: Finance Minister Pranab Mukherjee today kept the income tax exemption limit unchanged for women at Rs 1.90 lakh while increasing it for men and senior citizens.

Mukherjee, in his 2011-12

Key highlights from 2011-12 Union Budget

Critical institutional reforms set pace for double-digit growth

Scaled up flow of resources infuses dynamism in rural economy

GDP estimated to have grown at 8.6% in 2010-11

Exports grown by 9.6%, i

Budget: Higher tax exemption limit, air travel, hotel stay costlier

New Delhi: Higher tax exemption limit for individuals, significant benefits for senior citizens, retention of service tax at 10 per cent and withdrawal of some duty exemptions were some of the majo

Boost to housing sector finance

Various steps have been taken in this year’s union budget to give a boost to housing sector finance.

Budget promises more money for all

New Delhi: Promising more money in the hands of households by hiking the income tax exemption limit and lowering tax surcharge for corporates, Finance Minister Pranab Mukherjee Monday presented the ge

No Articles Found

No Articles Found

No Articles Found

I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.