Budget 2012

Budget 2012: What can the aam aadmi expect?

To boost tax revenues, the government could do two things: one, increase tax rates and/or get more people under the tax bracket.

Budget: Diesel tax, excise hike give auto industry the jitters

Analysts reckon if the diesel tax is levied, it could result in the cost of a diesel car increasing by up to 20 percent, causing a further dent on the auto industry's outlook in the immediate term.

Budget 2012 must merge NREGA with Food security to cut subsidy

Economists are keeping their fingers crossed on what lies ahead. But their prescriptions are clear: fiscal consolidation, energy pricing reforms, and rationalisation of subsidies.

Budget 2012 primer: What does govt spend money on?

Spending on rural employment takes away much needed resources for building infrastructure. Similarly, any loan waiver program will eat into capital spending on infrastructure.

Bring MNREGA under Food Security Bill in Budget 2012

The priorities for the government while preparing Budget 2012 should be to start looking at the whole situation in a multi-dimensional way and not take growth for granted.

Budget 2012 is for being responsible, minus populism

Manika Premsingh talked to Surjit Bhalla of Oxus Investments on behalf of Firstpost, and he made it plain that "the top priority must be move away from populist measures".

This Budget 2012, shift govt spending focus from consumption to investment

Dr Ashima Goyal of the Indira Gandhi Institute of Development Research in Mumbai told Firstpost's R Jagannathan that it is not the raw numbers that matter to fiscal consolidation, but the quality of the adjustment.

'A 5.6% deficit may not be a problem for India': IGIDR

In an exclusive interview to Firstpost, Ashima Goyal of IGIDR, said the challenge for the government is to rein in the deficit while addressing the issue of slowing economic growth.

DTC: I-T exemption limit should be raised to Rs 3 lakh, says panel

The report suggested that the wealth tax limit be pegged at Rs 5 crore, while the Securities Transaction Tax (STT) be abolished.

'GST, DTC game-changers, Budget 2012 must ensure passage'

The Infosys CFO is hoping for an aspirational budget which must revive the confidence of global investors in the India Growth story.