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Budget2012

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Budget cuts: Defence, welfare, nuclear power face the axe

Jan 31, 2013

Budget cuts: Defence, welfare, nuclear power face the axe

One reason the cuts are needed is a rising subsidy bill. The finance ministry expects the burden for providing cheaper fuel to jump by nearly Rs 50000 crore r, above earlier estimates of Rs 43,000 crore. #Numbers #Defence #Chidambaram #rural #roads #Welfare #Budget2012
Withholding tax cut: Pranab has chosen to favour big biz

May 08, 2012

Withholding tax cut: Pranab has chosen to favour big biz

The FM's decision to cut the withholding tax from 20 percent to 5 percent will bring in hot flows and make the country more vulnerable to external winds. #HowThisWorks #Debt #Budget2012 #Gaar #Pranad Mukherjee #Withholding Tax #Current account
Spending twice your income? You're definitely aam admi

Apr 02, 2012

Spending twice your income? You're definitely aam admi

A survey by the ASSOCHAM shows that in the last six years, spending by a common man has more than doubled than his salary. Here are some of the highlights from the survey. #Business/Finance #didyouknow #service tax #bank balance #Budget2012 #Middle Income Group
Non-event Budget leaves all the hard work for Subbarao

Mar 30, 2012

Non-event Budget leaves all the hard work for Subbarao

The Budget did nothing to bring back reforms agenda, and instead, will be remembered for the devils in the fine print - the Vodafone effect, GAAR, increase in service tax rates and several other horrors.

#Pranab Mukherjee #Reserve Bank of India #Duvvuri Subbarao #ToWhatEffect #Fiscal policy #Budget2012
Should you invest in times of high political risk?

Mar 26, 2012

Should you invest in times of high political risk?

Investing when political risk is high is tricky as short-term volatility could kill future investment appetite. Investors should learn to navigate political risk instead of not investing. #HowThisWorks #UPA government #state electricity board #Risk #Budget2012 #Political risk
GST: Why states are giving the centre a hard time

Mar 21, 2012

GST: Why states are giving the centre a hard time

States are understandably wary, since it will reduce their taxation powers, and they don't know if they will gain or lose by agreeing to GST #HowThisWorks #Goods and Services Tax #GST #Value added tax #Budget2012 #Gujral
Dear FM, make other assets more attractive before curbing gold imports

Mar 20, 2012

Dear FM, make other assets more attractive before curbing gold imports

The government is hoping its measures will push households to invest in financial assets such as stock and bonds instead of 'non-productive' assets such as gold. #Gold #Pranab Mukherjee #ToWhatEffect #Budget2012 #investments
Govt seeks Parliament nod for Rs 4.3 lakh cr additional expense

Mar 19, 2012

Govt seeks Parliament nod for Rs 4.3 lakh cr additional expense

The third batch of Supplementary Demands for Grants 2011-12 was today placed in the Lok Sabha by Finance Minister Pranab Mukherjee. #Pranab Mukherjee #Economy of India #WhatNext #Union budget of India #Budget2012 #Food subsidy
4G auction before 2G? FM's earnings math suggests so

Mar 19, 2012

4G auction before 2G? FM's earnings math suggests so

When DoT is saying its spectrum auctions could take all of 400 days, is it prudent for the FM to claim Rs 40,000 crore from auctions in 2012-13. #Disinvestment #Budget2012 #Union Budget 2012-13 #Spectrum Auctions
 Robin Hood or just Hood? FM has mugged all, rich and poor

Mar 19, 2012

Robin Hood or just Hood? FM has mugged all, rich and poor

The budget effectively spares no one - rich, poor or the middle classes. Everyone has been nicked or mugged for taxes. #Buffett Tax #Budget2012 #Union Budget 2012-13 #BudgetAnalysis