kingfisher-airlines

Kingfisher Airlines Agrees To Clear Rs 10 Crore Of Service Tax Dues

Central Board of Excise and Customs (CBEC) chief S K Goel on Sunday said that the ailing Kingfisher airlines had agreed to clear Rs.10 crore of its whopping Rs.76 crore service tax due, in service tax arrears which it has already collected from passengers, by end of this fiscal year. Mar 25, 2012
a-mahindra-mahindra-suv-parked

India Budget 2012-13: Luxuries Become Dearer

It might have appealed to the common man when Finance Minister Pranab Mukherjee, while presenting the Union Budget 2012-13 in the parliament Friday, announced the decision to raise tax exemption limit to Rs. 2 lakh. But, virtually, people are going to lose more money since service tax, excise tax and customs duty are going to be raised. The budget is the most discomforting to people who seek luxuries of life. Mar 17, 2012
pranab-mukherjee

India Inc Welcomes Union Budget 2012-2013

Leading business bodies and industrialists in the country welcomed the Union Budget 2012-2013 presented by the Union Finance Minister Pranab Mukherjee, Lok Sabha Friday. Mar 16, 2012
pranab-mukherjee

Union Budget 2012-13: Summary

The Union Budget 2012-13 identifies five objectives to be addressed effectively in the ensuing fiscal year. Here is the summary of the general budget. Mar 16, 2012
pranab-mukherjee

Union Budget 2012-2013: Agri Customs Duty to be Reduced to 2.5 Percent

Carrying forward the initiatives taken for agriculture and agro-processing sectors, the government proposed to reduce basic customs duty from 7.5 percent to 2.5 percent on sugarcane planter, root or tuber crop harvesting machine and rotary tiller and weeder and parts for the manufacture of these. Mar 16, 2012
indias-finance-minister-pranab-mukherjee

Union Budget 2012-13: Highlights

Finance Minister Pranab Mukherjee Friday presented the budget for 2012-13 in the Parliament. Here are the highlights of the budget. Mar 16, 2012
dinesh-trivedi

Trivedi Doesn't Mind Losing His Job; PM Terms Railway Budget as 'Forward Looking'

Amidst speculations that he might be forced to step down following hike in passenger fare, Railway Minister Dinesh Trivedi said he doesn't mind losing his job as he has done his duty for the betterment of the railways. Prime Minister Manmohan Singh also thinks that Trivedi has presented a forward looking budget. Mar 14, 2012
pratibha-patil

President Pratibha Patil's Speech on Eve of Republic Day

The President of India, Pratibha Patil, addressed the nation on the eve of the country's 63rd Republic Day. Speaking to the nation's billion-plus citizens, the President stressed on the fact that the "foremost priority is the removal of poverty, hunger and malnutrition, disease and illiteracy". Jan 26, 2012