Tag: budget 2012
Budget Benefits NRIs, Quashes Tax Fears
By Kul Bhushan
When a non-resident Indian (NRI) lands in India now, he or she can zoom through customs with duty-free goods worth Rs.35,000 ($685)....
Stiff Tax Hikes to Hit Household Budgets
New Delhi: Household budgets will be hit hard as the two percent increase in service tax and excise duty contained in the budget for...
Railway Budget: Rollback of Fares is PM’s Prerogative: Mamata Banerjee
New Delhi: The rollback in passenger tariff, proposed in the 2012-13 rail budget, was a prerogative of the Prime Minister, West Bengal Chief Minister...
Budget 2012: Realty Industry has Little to Cheer from Budget
The latest national budget has given India?s realty sector a short shrift, despite its stated objective to create conditions for growth, focusing...
Budget 2012: Use of IT for Subsidy Transfers to Drive Industry...
Bangalore: Use of technology for transferring subsidies directly to beneficiaries and other social initiatives envisaged in the 2012-13 budget will drive growth of IT...
Tax-free Bond Target for Infrastructure Projects at Rs.60,000 Crore
New Delhi: Finance Minister Pranab Mukherjee Friday proposed to double the tax-free bond target for financing infrastructure projects in the next fiscal to Rs.60,000...
Total Plan Outlay for Agriculture to be Increased by 18 Percent...
New Delhi: Stating that agriculture will continue to be a priority sector for the government, Union Finance Minister Pranab Mukherjee Friday said total plan...
‘Efforts On to Allow FDI in Multi-brand Retail’, Says Pranab
New Delhi: The Government would hold more consultations with State governments to build consensus on allowing foreign direct investment (FDI) in multi-brand retail, Finance...
Budget 2012: India to Spend Rs 50 Crore on Welfare Schemes...
New Delhi: India will spend close to Rs.50 crore on welfare schemes targeted at overseas Indians in 2012-13, according to budgetary estimates proposed by...
Pranab Mukherkee Allocates Rs.150 Crore for Setting Up New IIMs and...
New Delhi: Increasing the budget allocation on education by 17 percent, Finance Minister Pranab Mukherkee Friday allocated Rs.150 crore for setting up new Indian...