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Budget 2012

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Full text: Budget speech 2012

Feb 23, 2015

Full text: Budget speech 2012

The full text of the speech made by Finance Minister Pranab Mukherjee in 2012. #Pranab Mukherjee #Budget #Budget 2012 #Budget2015
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
Pranab's budget math has already gone for a toss

Apr 28, 2012

Pranab's budget math has already gone for a toss

Less than a month-and-a-half after the budget was presented, it seems the subsidy bill on food and fuel will be missed by miles #Pranab Mukherjee #Subsidies #Food Security Bill #Union Budget 2012-13 #Fuel Subsidies
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
Pranab's real message to taxpayers: we don't trust you

Mar 30, 2012

Pranab's real message to taxpayers: we don't trust you

The measures to track tax avoidance introduced by the recent budget essentially means the government is going to get nastier with taxpayers. #Pranab Mukherjee #Budget 2012 #Gaar
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
FM's deficit math is going wrong; rate cut hopes recede

Mar 23, 2012

FM's deficit math is going wrong; rate cut hopes recede

Oil prices and currency depreciation may spoil Pranab Mukherjee's fiscal deficit arithmetic. #Editorial big story #Pranab Mukherjee #RBI #Duvvuri Subbarao #fiscal deficit #Subir Gokarn #Budget 2012
Govt needs Rs 2,000 cr daily to fill up its begging bowl

Mar 22, 2012

Govt needs Rs 2,000 cr daily to fill up its begging bowl

In a situation where liquidity is crunched, the government's borrowing plan will not only suck liquidity out of the economy, but will also not give any incentive to the RBI to ease interest rates. #HowThisWorks #RBI #Interest rates #Bond yields #Budget 2012 #government borrowing