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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
Manmohan Singh

Manmohan Singh: 'Compulsions of Managing a Coalition'

In the midst of speculation whether Trinamool Congress Chief Mamata Banerjee is on the United Progressive Front's board after her recent protest about price rise in the Union budget 2012-2013, the Prime Minister Manmohan Singh has maintained "these are compulsions of managing a coalition." Mar 17, 2012
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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

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