Finance Minister P Chidambaram on Monday sought to lighten the burden on the middle class by lowering excise duty on cars, SUVs and two-wheelers and proposed no increase in taxes on other products.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
The move is a part of an exercise to streamline taxation structure and improve the country's image as an investment destination
Pharma firms wants new policies that will boost investment.
Pharma firms wants new policies that will boost investment.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
Housing prices have risen in 18 major cities, including Delhi and Mumbai, by up to 9.6 per cent during October-December period 2012 compared with the previous quarter, according to National Housing Bank (NHB).
Taking a cue from success of Mahindra and Renault sports utility vehicles, Maruti Suzuki plans to launch two compact SUVs.
Let's take a look at 20 milestones in the history of YouTube.
The Budget sets out a comprehensive vision.
First and business class air travellers would find flying costlier.
The Budget is remarkably coherent.
The Railway Minister has announced that there is an urgency to attract FDI in Railway projects.
Silver held steady at Rs 37,300 per kg.
It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.
The EPFO has about 3.7 crore (37 million) members.
The Railways will invest Rs 1.21 lakh crore (Rs 1.21 trillion) in 2016-17.
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
The move will primarily impact luxury car companies like Mercedes Benz, BMW, Audi and Volvo and bike brands like Triumph and Harley Davidson.
Announcing MSP at an elevated level will not be enough. Growers must be able to procure inputs, such as quality seeds, plant nutrients and irrigation water at reasonable prices, says Kunal Bose.
Tax exemptions to corporates result in revenue loss to state exchequer in 2014.
India has of the one world's largest railway networks.
From a valuation of Rs 2,500 crore (Rs 25 billion) two years ago, the brand on Wednesday has come to nought.
Railways Minister Suresh Prabhu tabled the Railway Budget on Thursday
Aerated drinks, mineral water, travel packages, coaching classes and beauty parlour services might also cost more
Arun Jaitley opted for a fiscal deficit of 3.9% in 2015-16.
There has been a great debate on whether it is profitable for India to have bullet trains.
Honda dealers stopped taking orders for Jazz. The company will, however, deliver pending orders.
A day after an air-conditioning duct on the Versova-Andheri-Ghatkopar metro railway train malfunctioned leading to rain water pouring into a coach, its operator Mumbai Metro One claimed that it has taken "all necessary measures" to ensure such incidents do not recur.
The Commerce and Industry Ministry has circulated a draft Cabinet note for inter-ministerial consultations.
The Indian companies, however, invested a much lower $1.59 billion in overseas markets in the previous month May 2014.
The Bombay Stock Exchange has resumed trading after three hours on Thursday.
Curbing the federal deficit is the government's absolute priority on February 28.
Inflation in food articles category in January stood at 8.8 per cent.
Exports were up 0.8 per cent in Jan while imports rose 6 per cent.
The 30-share Sensex ended at 26,100 mark up by 138 points and the 50-share Nifty closed at 7,787 mark up by 36 points.
The Budget for 2018-19 has at least five takeaways that are yet to receive adequate attention, says A K Bhattacharya.
The Budget's proposals of hiking taxes for the rich and duties on certain products like automobiles and cigarettes may appear anti-rich.
The rupee had lost 23 paise to end at 54.09 in Tuesday's trade due to month-end dollar demand.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances