Govt's tax measures not enough to resuscitate IT firms, say experts

Even as the income tax department has come out with a bunch of clarifications concerning the information technology sector in the last few months, this might be too little to assuage the......

'We have had one bad year, we will get out of it': Dr Singh

The most immediate cause of worry is the recent volatility in foreign exchange markets, says Prime Minister Manmohan Singh. Let me begin by stating upfront that we, like most other countries, are......

We could not have controlled expenditure anymore: FM

Finance Minister P Chidambaram said the government’s fiscal deficit this financial year would be restricted to 5.2 per cent of the gross domestic product. However, in reducing the deficit, a......

Highlights of the Budget 2013-14

Following are some of the key highlights of the Union Budget 2013-14 presented by Finance Minister P Chidambaram in Parliament on Thursday. TAX PROPOSALS Clarity in tax laws, a stable tax regime,......