Budget News - Page 28

Why the budget could benefit L&T, BHEL

The Union budget 2012-13 could benefit certain companies like L&T, BHEL and Bharat Forge because the government might hike import duty on power generation equipment.

What India Inc wants: Cheap money, 'blockbuster' budget

The cost of money is the biggest bugbear of India Inc. If the budget is above expectations, it will lift the current pessimism.

Budget 2014: Narendra Modi gives biggest push to fiscal federalism

At one stroke, the Arun Jaitley budget transfer nearly 1.6 percent of GDP in terms of central funds to state plans. This is the biggest dose of fiscal federalism ever outside the Finance Commission's recommendations

Budget 2014: How Jaitley beat Chidu, Pranab with sheer word power

Arun Jaitley's 16,536-word maiden budget speech was too long and a record of sorts. Even Pranab Mukherjee's 2012-13 speech, UPA-2's longest, had to huff and puff to reach 14,157 words. Jaitley beat him hands down

Cong protests show why Modi must not budge on LoP issue

The Congress party showed its teeth yesterday in parliament. This is a signal to the Modi government that it has to get back into battle mode - both to fight its political and economic battles. May 16 did not signal an end of strife

Vote of account 2014: Is Chidu Mr Natwarlal of budgeting?

It isn't a good idea to meet regular expenditure by selling assets. How many people you know survived for long by selling their home, their car and other assets that they owned, to meet their daily expenditure?

Romancing the Railways: Why Bansal should focus on metros

If there's one thing that today's Railway Budget - for all its utter irrelevance - should focus on, it is on improving urban metro rail systems, particularly frequency of train service and an enhancement of safety and comfort levels.

Budget 2012 Live: Pranab's effort is a mouse. Forget pizza, order some booze

It's less than 25 minutes to the budget. Don't fasten your seat-belts, yet. Pranab-da hasn't done anything wrong yet.

Union Budget 2012: 'The govt has to give up its love for power'

We get you a glimpse of what the twitterati is saying about the union budget and the international media reactions.

Budget 2012: FM's handout to banks will not be enough

Financial services was one of the few sectors that received some favours in an otherwise lacklustre Union Budget.

The taming of Mamata gives FM a chance to save his Budget

The Bengal Tigress has momentarily lost her roar. This provides Pranab Mukherjee a window of opportunity to save his budget by being bold in a way that he wasn't in the budget.

Budget 2012: If you buy a house, you will be FM's tax collector

Now get ready to become the personal income tax collector for the Finance Minster.

Budget 2012: Do we need a 1990s crisis to shock us into reforms?

Individuals who earn Rs 100 and spend Rs 150 won't usually get even a credit card. But India's profligate government thinks it will get by.

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.

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?

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

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.

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.

Budget 2012: South Indian cement companies to gain

The impact will be positive for south Indian-companies like India Cements and Dalmia Cements as their proportion of coal imports is higher.

Car-makers will swiftly pass excise hike to buyers

Stretched from the supply side in terms of rising input costs, car-makers have decided to pass on all the hike due to raised duties to consumers.

What's in Budget 2012 for the environmentalist to like

The Finance Minister has made some announcements to keep the environmentalist in us happy. What's there for the greens to like in this budget?

Budget 2012 'tolerable': Trinamool

The Trinamool Congrees found the Union Budget 2012-13 "tolerable" and made it clear that it was "not in a confrontationist mode".

Budget 2012: Don't buy gold, go for silver instead

In his Budget speech, the FM announced a hike in customs duty on standard gold. In contrast, branded silver jewellery was exempted from excise duty.

Budget anti-people, reflects UPA's policy paralysis, says Jaya

Jayalalithaa said it did not provide any tangible solutions to the problems crippling the Indian Economy.

Why I didn't like the budget: A student's view of Budget 2012

Here's a letter to the Finance Minister Pranab Mukherjee from a student who did not like the budget.

What Anna Hazare liked and didn't like about Budget 2012

We pick the anti-corruption crusader's mind for what he approved and disapproved of in Pranab Mukherjee's budget.

Budget on blackmoney: TDS on property sale, gold buy

The government today proposed a slew of measures to check the menace of black money.

Budget 2012: 'This is a token. No bold policies'

Indian business leaders bemoaned the increases in excise duties and service taxes as inflationary.

Budget 2012: Smokers don't have to downgrade to bidis

The finance minister has been no kinder to those who smoke ‘regular’ sized cigarettes as opposed to those who smoke king-sized ones.

Will 'bite the bullet' in budget to reduce subsidies: PM

Manmohan Singh said that the government's plan to reduce subsidies was part of a sustainable strategy to manage the country's economy.