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For Pranab-da, the unkindest cut came from 'Shochin'

Mar 17, 2012

For Pranab-da, the unkindest cut came from 'Shochin'

Why the finance minister had to deal with the brickbats while the man with the bat was the showstopper on Budget Day. #Budget2012 #Pranab Mukherjee #Sachin Tendulkar
Budget 2012: Why not withdraw tax breaks to companies?

Mar 17, 2012

Budget 2012: Why not withdraw tax breaks to companies?

The size of revenue forgone through tax breaks is twice as big as the subsidy bill. Isn't this the place to start fixing the fiscal deficit? #Budget Analysis #Budget2012 #Subsidies in India #Tax #Union Budget 2012-13
Budget 2012: Big gains for fertiliser cos but investors unimpressed

Mar 17, 2012

Budget 2012: Big gains for fertiliser cos but investors unimpressed

The Union Budget 2012-13 is expected to have a positive impact on the fertiliser industry that is expected to benefit from cheaper farm credit. #Budget 2012 #BudgetImpact #CRISIL #Deepak Fertilisers #fertiliser companies
Now, pay more for weekend getaways and dining out

Mar 17, 2012

Now, pay more for weekend getaways and dining out

A five star hotel stay will cost Rs 300 more on existing tariff of about Rs 15,000 per night #Budget 2012 #BudgetImpact #eating out #Hospitality #hotel
Budget 2012 power sops will trim your future electricity bills

Mar 17, 2012

Budget 2012 power sops will trim your future electricity bills

The power sector has been one of the largest beneficiaries of the budget. It should help moderate future power tariff increases. #Budget2012 #coal #Power Projects #Union Budget 2012-13
Budget 2012: Everything in your living room just got costlier

Mar 17, 2012

Budget 2012: Everything in your living room just got costlier

Finance Minister Pranab Mukherjee proposed a hike in excise duty to 12 percent from 10 percent. It will prompt an increase in product prices from manufacturers, already hit by high input costs. #Budget 2012 #Budget2012 #BudgetImpact #digital cameras #Luxury good #mobile phones #Pranab Mukherjee #Tax
What! A ten on ten to Budget 2012?

Mar 17, 2012

What! A ten on ten to Budget 2012?

While industry leaders have have described the Budget as pragmatic, timid and disappointing, there is someone who has given the budget a full ten on ten. Read on for more. #Budget 2012 #BudgetReax #Pranab Mukherjee
Why Budget 2012 makes that Aadhaar card important

Mar 17, 2012

Why Budget 2012 makes that Aadhaar card important

The Finance Minister has given a boost to the UID scheme with a budgetary allocation and allowing subsidies to be given based on it. While the IT industry has cheered for it, there are concerns as well. #Aadhar #Budget2012 #Subsidy #UID
Govt expenditure a worry but waiver of coal duty a positive: HSBC

Mar 17, 2012

Govt expenditure a worry but waiver of coal duty a positive: HSBC

Naina Lal Kidwai, country head of HSBC India, said the main worrying factor in this Budget is government expenditure as the money never reaches the right hands. #Budget 2012 #BudgetReax #Deficit #HSBC #Naina Lal Kidwai
Indian budget lacks 'game changing reforms': US industry

Mar 17, 2012

Indian budget lacks 'game changing reforms': US industry

The US India Business Council (USIBC), in an unusual short reaction, called Union Finance Minister Pranab Mukherjee's Union Budget "measured but without game-changing reforms". #Budget2012 #Pranab Mukherjee #US industry #USIBC