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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

Opposition Parties Call Union Budget Anti-Poor

Finance Minister Pranab Mukherjee, who presented Union Budget 2012-13 in the Parliament Friday, said his aim was to bring economy back on track. Prime Minister Manmohan Singh described it as a budget that aims at a faster and sustainable economy. Mar 16, 2012
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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

Budget 2012-2013: FRBM Act to be Amended

While presenting the Union Budget 2012-13 in the Parliament Friday, Union Finance Minister Pranab Mukherjee announced the introduction of amendments to the Fiscal Responsibility and Budget Management Act, 2003. Mar 16, 2012
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Time for Congress to Break Ties with Mamata's Trinamool?

They are still holding on to each other but the crack is obvious. Mamata Banerjee's Trinamool Congress has become sort of a pain in the neck for the Congress-led UPA government with the former openly going against some bold steps taken by the Congress. Mar 16, 2012
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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
pranab-mukherjee

Economic Survey 2012-13: Highlights

The Finance Ministry has tabled the Economic Survey in Parliament on Thursday. It is customary to present it in Parliament a day before the Union Budget, highlighting its view on the state of the economy. Here is the highlights of Economic Survey 2012-13 presented by Finance Minister Pranab Mukherjee. Mar 15, 2012
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Indian Railway Budget 2012-13 at a Glance

Railway Minister Dinesh Trivedi presented a bold and ambitious Railway Budget 2012-13 in Parliament, giving importance to passengers' safety, security and amenities. Here is the Railway Budget at a glance. Mar 15, 2012
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