48 companies have given stock options since Budget day.
The Left proposed introduction of inheritance tax and restoration of long term capital gains tax to mop up additional resources for funding mega social sector schemes
A host of companies, including giants like Reliance Industries are rushing in to finalise their interim dividend payments to outsmart a hike in dividend distribution tax (DDT) proposed in the Union Budget.
Only Rs 16,050 crore out of the Rs 15.44 lakh crore of the old high denomination notes have not returned.
Cheer up, the coming Union Budget might just make your imported tipple more affordable - on a par with local booze.
Despite pressures from the Left parties to hike taxes on the rich and corporates, the Union Budget for 2005-06 is unlikely to be harsh on these sections while revisiting the tax structure to make it simple and compliant.
Agriculture credit is likely to exceed the target of Rs 7,00,000 crore while farm exports are expected to increase to over $45 billion in the current fiscal, Finance Minister P Chidambaram said today.
The Union Cabinet on Thursday cleared Indian Airlines' plans to purchase 43 aircraft from Airbus Industrie.
Employees of the State Bank of India will go on an indefinite strike countrywide from Monday demanding enhanced pension package.
Replicating the revolution in the auto industry, government on Friday said it will make India a global manufacturing hub in other sectors like textiles, leather, petroleum, food processing and handicrafts.
However, BJP has not given any assurance of support and conveyed to the Finance Minister that the matter will be discussed within the party and take a call, sources said.
Decks have been cleared for the long-awaited pension reforms with the union cabinet on Thursday giving approval to a proposal to bring in legislation for setting up a separate regulator for the sector. \n
Advertising is always done with the target audience in mind and considering the local culture and milieu, it is not about one size fitting all, says ace ad man Nagesh Alai.
Government will roll out National Rural Employment Guarantee Act scheme in all the 596 rural districts in the country in 2008-09.
On February 28, 2007, Finance Minister P Chidambaram will present the Union Budget for the fiscal year 2007-08. We present to you some FAQs on the event.
Leading softdrink manufacturers like Coca-Cola and Pepsi on Friday asked the government to abolish eight per cent special excise duty on aerated soft drinks to help them bring down prices.
Tamil Nadu, the land of regional parties where the two Dravidian outfits have ruled the roost for long, is witnessing a few fledgling parties testing their electoral luck for the first time in the April 24 Lok Sabha elections, including Aam Aadmi Party and Indiya Jananayaka Katchi.
The modifications will be on the basis of recommendations of the Law Commission in its 154th, 177th and 178th reports.
The Lok Sabha on Wednesday passed three bills to replace the colonial-era criminal laws by voice vote.
The government has proposed to increase the allocation for school education by about 35 per cent.
The finance minister said that Indian investors will be allowed investment in overseas capital markets through mutual funds and that mutual funds will set up infrastructure fund schemes.
The Union government on Friday cleared 25 foreign direct investment proposals worth Rs 201.58 crore (Rs 2.02 billion), including one for the development of integrated township in Bangalore.
This is part of a proposal to provide drinking water to several cities that face a shortage.
With danger signals flashed in the Economic Survey, the Union Budget on Wednesday is likely to contain certain bold decisions to cut fiscal deficit and spendings laced with tax sops for the salaried class.
Let's take a quick look at what could become more expensive and what will cost lesser now.
The FM has levied 0.1 per cent tax will be levied on withdrawal of cash of Rs 10,000 and above from banks on a single day. So if you withdraw Rs 10,000 from the bank on a single day, you will need to pay a tax of Rs 10 on it.
Tata Group expects to do some tightrope walking on legal issues in the days ahead.
Finance Minister P Chidambaram presented the 2006-07 Union Budget in Parliament on Tuesday.
State finance ministers' panel to decide on latest attempt at harmonising of views on Constitution amendment.
Finance Minister P Chidambaram presented the Union Budget for 2008-09 in the Lok Sabha on Friday.
Thousands of truckers stayed off the roads for the fifth day on Wednesday to protest a new service tax, disrupting movement of goods and pushing up prices.
Finance Minister P Chidambaram has decided to impose 20 per cent tax on corporate unit holders of mutual funds.
The Union Budget is also likely to cut corporate tax and capital gains tax.
In a stern warning to service tax evaders, the government asked them to either pay their dues by tomorrow or face penal action which could include arrest and prosecution.
Bharatiya Janata Party leader Sushil Kumar Modi on Wednesday claimed he did not rule out Bihar Chief Minister Nitish Kumar joining hands with the saffron party again.
Finance Minister P Chidambaram set apart Rs 45.50 crore for its preparations.
The imapsse continues over issues like bank scams and special status demand for Andhra Pradesh.
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