Gold Price might go high – Response to increase in Import Duty

• Author: Lalitha
• Filed under: Budget, ETF, Gold Market, Mutual Fund
• Date: Feb 27,2010

Gold Price which has already seen its heights for some time now would reach new heights, As we all know that government has proposed a 50 per cent hike in custom duty on precious metals, including gold and silver. Which is like increase from Rs 200 to Rs 300 per gramme on gold almost 100 rs per 10 grams increase and On silver its from the current Rs 1,000 to Rs 1,500 per kilo. This for sure has to be sent directly to the retailers , so in a week or so we can see the price going up by 10 to 20 rs per gram.
Budget
Precious Metals – Budget 2010 Impacts

>On gold and platinum from Rs.200 per 10 grams to Rs.300 per 10 grams
>On silver from Rs.1,000 per kg to Rs.1,500 per kg.
> Basic customs on Rhodium – a precious metal used for polishing jewellery reduced to 2 per cent.
> Basic customs duty on gold ore and concentrates reduced from 2 per cent ad valorem
to a specific duty of Rs.140 per 10 grams of gold content with full exemption from
special additional duty. Further, the excise duty on refined gold made from such
ore or concentrate reduced from 8 per cent to a specific duty of Rs.280 per 10
grams.

Union Budget 2010-2011 Highlights By Industry Wise

• Author: Subramanian
• Filed under: Budget, order news
• Date: Feb 26,2010

Union Budget 2010-2011 Highlights By Industry Wise , very good measure taken by government by posting the infromation immdiaetly on thw website.
You can download the highlights PDF from here.
You can watch the recorded Budget speech here.

Infrastructure Bond – India Infrastructure Bond

• Author: Lalitha
• Filed under: Bank, Budget, Fixed Deposit, order news
• Date: Feb 26,2010

After Budget 2010 , Infrastructure Bond is somethign that will get more popular , as Mr Pranab Mukerji has allowed extra Twenty thousand in Infrastructure Bond , as additional investment over and above Rs 1 lakh in 80C.
What are Infrastrucure Bonds ?

Infrastructure bonds are available through issues of ICICI Bank and IDBI, brought out in the name of ICICI Safety Bonds and IDBI Flexibonds. These provide tax-saving benefits under Section 88 of the Income Tax Act, 1961, up to an investment of Rs.1,00,000, subject to the bonds being held for a minimum period of three years from the date of allotment.

India Budget 2010 Highlights

• Author: Lalitha
• Filed under: Budget, india, order news
• Date: Feb 26,2010

Income Tax Slab Revised

>No tax for income upto 1.6 lakh.
>For income between 1.6 lakh – 5 lakh tax liability 10%. (old slab was Rs 1.6 to 3 lakh)
>For income between 5 lakh – 8 lakh 20%. (old slab was Rs 3-5 lakh)
>For income above 8 lakh 30% (old slab was Rs 5 lakh +)
>Additional investment of 20K in infra bonds over and above Rs 1 lakh in 80C.

More Updates – Source Hindu— Increase in duty on gold and silver import – Not Good for Gold and jewel stocks.
— Clean energy cess of Rs 50 per ton to be levied on coal produced in India
— 10 per cent central excise duty on all non-petroleum products
— Structural changes in excise duties on cigarettes, cigars and cigarillos – Not good for ITC
— Revenue loss of Rs 26,000 crore on direct tax proposals.
— 7.5 per cent duty on petrol, diesel, crude restored.
— Exempt duty raised for all non-smoking tobacco producs
— Investment linked tax deductions to be allowed to two—star hotels anywhere in the country.
— Fiscal deficit seen at 4.8 per cent and 4.1 per cent in 2011—12 and 2012—13 respectively.
— Surcharge on companies reduced to 7.5 per cent
— Additional exemption of Rs 20,000 for long tem investment in infra bonds
— National Social Security Fund created for workers in unorganised sector with allocation of Rs.1,000 crore
— Government to give Rs.1,000 for each National Pension Scheme account opened by workers in the unorganised sector
— Exclusive skill development programme for the textile sector
— Fifty percent hike in allocation for schemes for women and child development
— Rs.4,500 crore allocated for ministry of social justice and empowerment, a hike of 80 percent
— Rs.2,600 crore allocated for ministry of minorities affairs
— Rs.1,900 crore for Unique Identification Authority of India
— Rs.147,344 crore allocated for defence
— 2,000 youth to be recruited in central paramilitary forces
— Draft Food Security Bill prepared and will be put in the public domain
— Allocation on primary education raised from Rs.26,800 crore to Rs.31,300 crore
— Banking facilities to be provided to all habitations with a population of 2,000 and more
— Rs.66,100 crore allocated for rural development in 2010—11; Rs.40,100 crore for National Rural Employment Scheme; RS.48,000 crore for Bharat Nirman
— Rs.1,270 crore allocated for Rajiv Awas Yojna for slum dwellers, up from Rs.150 crore, an increase of 700 percent with the aim of creating a slum free India.
— Forty—six percent of plan allocations in 2010—11 will be for infrastructure development
— Coal Regulatory Authority to be set up to benchmark standards of performance
— Allocation for new and renewable energy sector increased 61 percent from Rs.620 crore to Rs.1,000 crore in 2010—11
— National Clean Energy Fund to be established
— Rs.200 crore allocated as special package for Goa to prevent erosion and increase green cover.
— Government committed to growth of SEZs.
— Four—pronged strategy for growth of agricultural sector.
— Rs.200 crore to be provided in 2010—11 for climate—resilient agricultural initiative.
— Involvement of private sector in grain storage to continue for another two years.
— In view of drought and floods, debt repayment period extended to June 2010.
— Five more mega food processing projects in addition to 10 existing ones.
— FDI flows in April—December 2009 $20.9 billion.
— FDI policy to be made more user—friendly with one comprehensive document.
— Apex level financial stability council to be set up for banking sector.
— Indian Banking Association to give additional licences to private players.
— Provision for further capital for regional rural banks.
— Roadmap for reducing public debt in six months.
— Implementation of direct tax code from April 2011.
— Government actively engaged in finalising structure of general sales tax regime; hopes to implement it from April 2011.
— Rs.35,000 crore raised from divestment in 2009—10; will be higher in 2010—11.
— New fertiliser policy from April 2010; will lead to improved productively and more income for farmers.
— Economy stabilised in first quarter of 2009—10; strong rebound in second quarter; overall growth at 7.2 and could be higher when Q3 and Q4 are taken into account.
— Export figures for January encouraging.
— Hope to breach 10 percent growth mark in not too distant future.
— Government set in motion steps to bring down food inflation.
— Need to review stimulus package; need to make growth more broad—based.
— India has weathered global economic crisis well; Indian economy in far better position than it was a year ago. In 2009 Indian economy faced grave uncertainty; delay in southwest monsoon had undermined agricultural production.
— First challenge now is to quickly revert to 9 percent growth and then aim for double digit growth; need to make recovery more broadbased.
— Second challenge is to make growth more inclusive; have to strengthen food security.
— Third challenge is to overcome weakness in government’s public delivery mechanism; a long way to go in this.

Railway Budget 2010-2011 Speech PDF

• Author: Lalitha
• Filed under: Budget, Railways, order news
• Date: Feb 25,2010

Speech of Mamata Banerjee introducing the Railway Budget 2010-11 on 24th February 2010

KRBL benefits from Railway Budget 2010

• Author: abhisheak
• Filed under: Agriculture, Budget, order news
• Date: Feb 25,2010

KRBL is the company which saw limelight after Railway Budget 2010 , Mamata Bannerji the honorable railway minister announced that Freight on food grain, kerosene is cut by Rs 100/wagon , KRBL which is in the business of RICE production and Export , said that 90% cargo is loaded via trains and the company because of the cut in 100 rs /Wagon will save them almost 1.5 crore.

Railway Budget 2010-2011 Highlights

• Author: Geetha
• Filed under: Budget, Railways
• Date: Feb 24,2010

Railway Budget 2010-2011 Highlights

>No hike in freight and passenger fare.
>New Janmabhoomi train between Ahmedabad and Udhampur
>Concession for children of accredited journalists up to 18 years.
>Free journey for cancer patients in sleeper and 3AC; 75 p.c. concession for companion
>Concession of Rs 100 on freight rates of food grains for domestic use, kerosene, fertlizer
>Survey will be conducted to connect Sealdah and Howrah stations in West Bengal
>Karmaboomi train for working class
>Bharatt threeth train to commomorate Rabindranath Tagore’s birth 150th anniversary.
>Matribhumi special trains for women
>Andaman and Nicobar Islands to get railway line from Port Blair to Diglipur
>Velachery-St.Thomas Mount MRTS link by 2012
>New suburban trains for Chennai
>Stations to be named after Bhagat Singh, Mother Teresa, Tipu Sultan, Bahadur Shah Zafar
>RPF to have women battalion
>Railways to have master plan for North Eastern region
>Insurance facilities for licensed porters as part of railway’s corporate social responsibility
>Kashmir role link to be extended to Sopore
>Rs 1,302 crore provided for passenger amenities
>Freight loading target for 2010—11 fixed at 944 million tonnes
>Several new lines announced.
>New train service to Dhaka, Bangladesh from Agartala.
>Gross traffic receipt for 2010—11 pegged at Rs 94,765 crore
>High—speed dedicated passenger corridors to be constructed
>Revenue from non—core business of Railways to go up from Rs 150 crore to Rs 1,000 crore
>Wagon Repair Shop to be set up in Badnera near Amravati in Maharashtra
>Railways saved Rs 2,000 cr from austerity drive
>10 more Duranto trains announced
>Service charge on AC fares cut to Rs 20
>101 new suburban trains for Mumbai
>Dedicated corridors will be implemented on time
>Land acquisition: One member from the family would be given employment in Railways
>Railways earned net profit of Rs. 1348 crores.
>Railways will be the lead partner in the Commonwealth Games in Delhi
>Railways to set up Rabindra Museum in Howrah and Geetanjali Museum in Bolpur — both in West Bengal — to commemorate Rabindranath Tagore’s 125th birth anniversary
>New testing facility in Bangalore
>Railways proposes modernisation of ICF, Chennai.
>New housing scheme for 14 lakh employees
>Railways to start six water bottling plants in places like Ambala, Thiruvananthapuram, Farakka, Amethi and Nasik to provide clean and cheap drinking water to passengers.
>Special task force for clearing investment proposals in 100 days
>New business model to be created
>Unmanned railway crossing will be phased out in five years
>Five sports academies to be set-up, including Delhi, Chennai, Secunderabad
>E-tickets to be made available at panchayat level
>Railways recruitment: Exams to be conducted in regional languages
>Railways recruitment: Simultaneous exams proposed
>Modern toilets to be introduced in stations
>No privatisation of Railways
>Six bottling plants for Rail Neer
>Fee waiver for economically weak
>Special drive for improving passenger amentities
>Railways target 1,000 km of new line in one year
>117 new trains flagged-off in the last financial year
>Special task force will be set up for early clearance of projects
>Mamata appeals to business houses to join hands for building partnership with Railways
>Our focus is inclusive growth: Mamata
>Mamata presents Railway budget in Lok Sabha

Source : hindu

Budget 2009 -2010 – Central Plan Outlay by Sectors

• Author: Subramanian
• Filed under: Bank, Budget
• Date: Jul 7,2009

Budget planned for 2009-2010 outlayed here by sector , it also has what was planned for 2008-2009 and how mich it either exceeded or on target.

	2008-2009      Budget Estimates	2008-2009      Revised Estimates	2009-2010        Budget Estimates
Agriculture and Allied Activities	10074	9969	10629
Rural Development*	23831	48884	51769
Irrigation and Flood Control	411	367	439
Energy	93815	98877	115574
Industry and Minerals	28836	27193	35740
Transport **	84177	78269	94306
Communications	21937	20237	16731
Science Technology & Environment	9283	8547	11207
General Economic Services	6052	5277	6270
Social Services***	95919	89692	103856
General Services	1150	766	1400
Grand Total	375485	388078	447921

Budget 2009-2010 – Indian Govenrment Expenditure

• Author: Subramanian
• Filed under: Bank, Budget
• Date: Jul 7,2009

We have given some figure of indian government’s planned and unplanned expenditure for 2008-2009 and estimate for 2009-2010

	2008-2009      Budget Estimates	2008-2009      Revised Estimates	2009-2010        Budget Estimates
1. NON-PLAN EXPENDITURE
A. Revenue Expenditure
1. Interest Payments and Prepayment Premium	190807	192694	225511
2. Defence	57593	73600	86879
3. Subsidies	71431	129243	111276
4. Grants to State and U.T. Governments	43294	38421	48570
5. Pensions	25086	32690	34980
6. Police	15562	20711	25390
7. Assistance to States from National	1800	3265	2500
Calamity Contingency Fund
8. Economic Services	17987	22055	23840
(Agriculture, Industry, Power,
Transport, Communications,
Science & Technology etc.)
9. Other General Services	11498	15898	18729
(Organs of State, tax collection,
external affairs etc.)
10. Social Services (Education,	10385	28126	33491
Health, Broadcasting, etc)
11. Postal Deficit	958	3825	5395
12. Expenditure of Union	2269	3092	3162
Territories without Legislature
13. Amount met from National Calamity	-1800	-3265	-2500
Contingency Fund
14. Grants to Foreign Governments	1482	1435	1611
Total Revenue Non-Plan Expenditure	448352	561790	618834
B. Capital Expenditure
1. Defence	48007	41000	54824
2. Other Non-plan Capital Outlay	10567	13694	21056
3. Loans to Public Enterprises	673	788	637
4. Loans to State and U.T. Governments	89	89	89
5. Loans to Foreign Governments	4	815	125
6. Others	-194	-180	124
Total Capital Non-Plan Expenditure	59146	56206	76855
Total Non-Plan Expenditure	507498	617996	695689
Note: Issue of Special Securities in lieu of subsidies.
(i) Oil Marketing Companies	…	75942	10306
(ii) Fertilizer Companies	…	20000	…
	2008-2009      Budget Estimates	2008-2009      Revised Estimates	2009-2010        Budget Estimates
2. PLAN EXPENDITURE
A. Revenue Expenditure
1. Central Plan	151417	171633	200290
2. Central Assistance	58350	70023	78108
for State & Union
Territory Plans
State Plan	56205	68199	74362
Union Territory Plan	2145	1824	3746
Total-Revenue Plan Expenditure	209767	241656	278398
B. Capital Expenditure
1. Central Plan	28537	32495	39550
2. Central Assistance	5082	8806	7201
for State & Union
Territory Plans
State Plan	3947	7109	5705
Union Territory Plan	1135	1697	1496
Total Capital Plan Expenditure	33619	41301	46751
Total – Plan Expenditure	243386	282957	325149
Total Budget Support for Central Plan	179954	204128	239840
Total Central Assistance	63432	78829	85309
for State & UT Plans
TOTAL EXPENDITURE*	750884	900953	1020838
DEBT SERVICING
1. Repayment of debt**	335230	337316	342891
2.  Total Interest Payments	190807	192694	225511
3.  Total debt servicing (1+2)	526038	530010	568402
4.  Revenue Receipts	602935	562173	614497
5.  Percentage of 2 to 4	31.60%	34.30%	36.70%

Union Budget 2009-2010 – Receipts

• Author: Subramanian
• Filed under: Bank, Budget
• Date: Jul 7,2009

Here is some info on what we estimated as receipts when we started 2008-2009 and what we received and whats the current estimate for 2009-2010.

	2008-2009      Budget Estimates	2008-2009      Revised Estimates	2009-2010        Budget Estimates
REVENUE  RECEIPTS
1.  Tax Revenue
Gross Tax Revenue	687715	627949	641079
Corporation tax	226361	222000	256725
Income tax	138314	122600	112850
Other taxes and Duties	325	400	425
Customs	118930	108000	98000
Union Excise Duties	137874	108359	106477
Service Tax	64460	65000	65000
Taxes of the Union Territories	1451	1590	1602
Less- NCCD transferred to the National Calamity Contingency Fund	1800	1800	2500
Less States’ Share	178765	160179	164361
Net Tax Revenue	507150	465970	474218
2. Non -Tax Revenue
Interest Receipts	19135	19036	19174
Dividend and Profits	43204	39736	49750
External Grants	1795	2748	2136
Other Non-Tax Revenue	30836	33934	68465
Receipts of Union Territories	815	749	754
Total Non-Tax Revenue	95785	96203	140279
Total Revenue Receipts	602935	562173	614497
3. CAPITAL RECEIPTS*
A. Non-debt Receipts
1. Recoveries of Loans & Advances@	4497	9698	4225
2. Miscellaneous Capital receipts	10165	2567	1120
Total	14662	12265	5345
B. Debt Receipts
3. Market Loans	100571	261972	397957
4. Short term borrowings	12429	57500	…
5. External assistance (Net)	10989	9603	16047
6. Securities issued against Small	9873	1324	13256
Savings
7. State Provident Funds (Net)	4800	4800	5000
8. Other Receipts (Net)	-12600	-38668	-31264
Total	126062	296531	400996
Total Capital Receipts (A+B)	140724	308796	406341
4. DRAW-DOWN OF CASH BALANCE	7225	29984	…
Total Receipts (1+2+3+4)	750884	900953	1020838
Financing of Fiscal Deficit (3B+4)	133287	326515	400996
Receipts under MSS (Net)	29806	-81781	-38773
@ excludes recoveries of short-term loans and advances from States and   loans to Government servants, etc.	1495	1495	1495

Budget 2009 -2010 – Indian Government Account Book

• Author: Subramanian
• Filed under: Bank, Budget
• Date: Jul 7,2009

We are presenting some info on india’s account book of what they had in 2008-2009 and what is in plan for 2009-2010

	2007-2008 Actuals	2008-2009 Budget  Estimates	2008-2009 Revised  Estimates	2009-2010 Budget  Estimates
1.    Revenue Receipts	541864	602935	562173	614497
2.    Tax Revenue (net to Centre)	439547	507150	465970	474218
3.    Non-tax Revenue	102317	95785	96203	140279
4.    Capital Receipts (5+6+7)$	170807	147949	338780	406341
5.    Recoveries of   Loans	5100	4497	9698	4225
6.    Other Receipts	38795	10165	2567	1120
7.    Borrowings and other	126912	133287	326515	400996
Liabilities*
8.    Total Receipts  (1+4)$	712671	750884	900953	1020838
9.    Non-plan Expenditure	507589	507498	617996	695689
10.   On Revenue Account  of	420861	448352	561790	618834
which,
11.   Interest  Payments	171030	190807	192694	225511
12.   On Capital Account	86728	59146	56206	76855
13.   Plan Expenditure	205082	243386	282957	325149
14.   On Revenue Account	173572	209767	241656	278398
15.   On Capital Account	31510	33619	41301	46751
16.   Total Expenditure (9+13)	712671	750884	900953	1020838
17.   Revenue Expenditure	594433	658119	803446	897232
(10+14)
18.   Capital Expenditure	118238	92765	97507	123606
(12+15)
19.   Revenue Deficit (17-1)	52569	55184	241273	282735
	-1.1	-1	-4.4	-4.8
20.   Fiscal Deficit	126912	133287	326515	400996
{16-(1+5+6)}	-2.7	-2.5	-6	-6.8
21.   Primary Deficit (20-11)	-44118	-57520	133821	175485
	-0.9	-1.1	-2.5	-3

FM TUNES BUDGET FOR TAXPAYER, MKTS FACE THE MUSIC

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

The Budget gets a big thumbs down from markets, Sensex fell 900 points.

Pranab skips two paras of Budget speech, apologises

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

The BJP members tried protesting but the Speaker didn’t pay much heed.

Udayan’s View: Budget 2009, a game of patience

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

FM was guilty of presenting an insipid budget that was low on the detail.

A study in comparison: Education budget up by Rs 7K cr

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

India on Monday pegged its expenditure outlay at Rs 44,528 crore.

Reform hopes dashed, market watchers feel let down

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Budget is more focused on rural development, social programmes.

Bengal benefits, Mamata and Pranab budget for their state

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Railway Minister and Finance Minister do their bit for folks back home.

TAX BREAKS, WELFARE SCHEMES IN COMMON MAN’S BUDGET

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Common is the big picture in Union Budget 2009.

Health budget up by Rs 4,000 cr, 6 new AIIMS in cities

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Good health for all is Finance Minister Pranab Mukherjee’s target.

Common man gets a treat, over 15 schemes | For women

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Finance Minister gives thank-you Budget to India’s masses.

Life saving drugs, LCDs cheaper; Set-top-box costlier

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Select life saving drugs, LCDs, mobile phones have become cheaper.

No change in the ranks, defence budget unchanged

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Rs 141,703 crore allocated for the three wings of the armed forces.

Farmers reap a harvest from Pranab’s Budget | Rs 39,000 cr for rural jobs

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 6,2009

Debt relief scheme extended to the end of the year.

Fiscal deficit to widen on spending; markets fall

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 6,2009

Fringe Benefit Tax rolled back | Commodity Transaction Tax scrapped

INCOME TAX LIMITS RAISED; FARMERS, EXPORTERS GET SOPS

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 6,2009

The Budget assures high growth for the $1.2 trillion economy once again.

Customs duty on LCD TVs slashed to 5 pc

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 6,2009

A nominal 5 per cent customs duty has been imposed on set-top boxes.

Personal Tax gets some discounts again

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

>Surcharge on personal tax scrapped.
>Fringe benifit tax scapped.
>Personal tax limit increased to 2.4 lakhs for senior citizens , 1.9 lakhs for women, 1.6 lakhs for others
>No change in Corporate tax.

Tax Slab after the budget would be
>For Men

0 to 160000 0
160001 to 300000 10%
300001 to 500000 20%
Above 500000 30%

Women taxpayers

0 to 190000 0
160001 to 300000 10%
300001 to 500000 20%
Above 500000 30%

Senior citizens

0 to 240000 0
160001 to 300000 10%
300001 to 500000 20%
Above 500000 30%

>Education cess is unchanged at 3 percent.
>They abolished 10 percent surcharge on income over Rs 10 lakh.

Pension for ex-soldiers up, but officers ignored

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 6,2009

One-rank-one-pension scheme partially met in Budget.

Pranab raises I-T exemption limit | FBT rolled back | Students get tax break

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Exemption limit now Rs 240,000 for senior citizens, Rs.190,000 for women.

Sensex above 15000 as FM presents budget; infra up

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Benchmarks were near day’s highs as FM Pranab Mukherjee started his budget speech in the parliament.

Nifty hovers near 4450; tier II outperform

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Infrastructure, power & capital goods were amongst the top performing sectors on expectations of govt thrust.

Budget chats: At 5 with Harsh Roongta | At 6 with Vivian

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 6,2009

How will the Budget impact you? Ask Vivian.

Can Pranab pull off the great Indian ropetrick?

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

“The Budget has been formulated against the background of strong recovery in national income and agriculture, and an equally impressive improvement in our balance of payments.”

Will Dalal Street press the buy button?

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Will finance minister Pranab Mukherjee give Dalal Street enough reason to press the `buy’ button in Monday’s session.

Most FMs in recent years quoted leading lights. Will Pranabda too?

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

History, goes the old adage, repeats itself. That, read in the context of the presentation of the Union Budget in recent times, has meant conjecture on whom the finance minister would quote.

Budget may pump up Plan outlay

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

The Budget to be presented by finance minister is likely to propose substantially higher Plan spending of Rs 40,000 crore.

D-Street strollers look to Pranab for direction

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Stock market players are waiting for cues from the Union Budget on Monday, which will be seen as the government’s blueprint for reviving growth in the backdrop of an ailing global economy.

Balancing growth & fiscal discipline will be tough

• Author: Lalitha
• Filed under: Budget
• Date: Jul 6,2009

Budget is indeed a tightrope walk for FM to find a sustainable means to stimulate growth while dealing with the challenge of fiscal prudence.

Budget ‘09: Some excise concessions can be taken back

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 5,2009

Budget ‘09: Some excise concessions can be taken back

Budget 2009: STT may be reduced

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 5,2009

Budget 2009: STT may be reduced

Market can go either way after budget: Rakesh Jhunjhunwala

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 5,2009

Market can go either way after budget: Rakesh Jhunjhunwala

FMCG, durables firms expect continued focus on rural areas

• Author: Geetha
• Filed under: Budget, india
• Date: Jul 5,2009

FMCG and consumer durables companies are excepting continuation of rural employment guarantee schemes in the Budget tomorrow to help boost demand across the country.

Budget is ready, now for the super-secret delivery part…

• Author: Geetha
• Filed under: Budget, india
• Date: Jul 5,2009

Well before sunrise on Monday, a motley crew of about 150 officers will be huddled together in a government building near Parliament House, anxiously awaiting a signal of security clearance.

‘Inida’s growth rate may go to 6% or more in 2009-10′

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 5,2009

‘Inida’s growth rate may go to 6% or more in 2009-10′

India may reduce US dollar role in FX basket

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 5,2009

India may reduce US dollar role in FX basket

Jaypee to merge two power cos, raise Rs 1,500 cr

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 5,2009

Jaypee to merge two power cos, raise Rs 1,500 cr

Chances for reduction in corporate tax look bleak: Survey

• Author: Geetha
• Filed under: Budget, india
• Date: Jul 5,2009

The Budget 2009-10 may provide tax incentives for the exporters but there may not be a cut in corporate tax, Assocham said.

RIL moves SC against HC order on gas pricing

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 4,2009

RIL moves SC against HC order on gas pricing

EPF interest rate stands unchanged at 8.5 per cent

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 4,2009

EPF interest rate stands unchanged at 8.5 per cent

Bajaj to launch new 100-cc bike on 12th July

• Author: Lalitha
• Filed under: Budget, Entertainment
• Date: Jul 4,2009

Bajaj to launch new 100-cc bike on 12th July