Latest Budget News 2012: Union Budget News, Rail Budget News, Indian Railways Budget News & Updates at Zee News
   
Mukul Roy announces partial rollback in rail fare hike

Mukul Roy announces partial rollback in rail fare hike

Mukul Roy announces partial rollback in rail fare hike
Roy announced rollback in rail fare hike in Sleeper class, AC Chair car, Sub-Urban and 3rd AC while fares in 1st and 2nd AC will remain unchanged.
Jewellers say non-branded gold to cost more

Jewellers say non-branded gold to cost more

Jewellers say non-branded gold to cost more
Non-branded gold jewellery is set to get expensive by about Rs 1,000 per 10 grams due to the budgetary proposal to bring them under the excise duty net, industry players said.
No backdoor VDIS, says Pranab Mukherjee

No backdoor VDIS, says Pranab Mukherjee

No backdoor VDIS, says Pranab Mukherjee
There is no "backdroor" Voluntary Disclosure of Income Scheme (VDIS) in the budget, Finance Minister Pranab Mukherjee made it clear on Sunday.
Seven power PSUs plan to invest over Rs 53,200 cr in FY'13

Seven power PSUs plan to invest over Rs 53,200 cr in FY'13

Seven power PSUs plan to invest over Rs 53,200 cr in FY'13
The budget has proposed an outlay of Rs 53,296.87 crore for seven power sector PSUs, including major power producers NTPC and NHPC, PowerGrid Corp and Damodar Valley Corp, in the next fiscal.
Critics should be more realistic: Pranab

Critics should be more realistic: Pranab

Critics should be more realistic: Pranab
Rejecting criticism that the Budget was not bold or reformist, Finance Minister Pranab Mukherjee on Sunday asked the critics to be "more realistic" to political ground realities.
Budget 2012: Cross-border M&A rules to hit aggressive tax planning

Budget 2012: Cross-border M&A rules to hit aggressive tax planning

Budget 2012: Cross-border M&A rules to hit aggressive tax planning
Retrospective amendment on taxing cross-border M&As, as proposed by the Budget 2012-13, has startled taxation experts who said it is a signal to companies to desist from aggressive tax planning.
Budget 2012: DTC likely to become effective from FY'14 says FM

Budget 2012: DTC likely to become effective from FY'14 says FM

Budget 2012: DTC likely to become effective from FY'14 says FM
Finance Minister Pranab Mukherjee on Sunday expressed hope that the direct tax regime would become effective from 2013-14.
Budget 2012: Ailing MFIs hail move to bring in Central law

Budget 2012: Ailing MFIs hail move to bring in Central law

Budget 2012: Ailing MFIs hail move to bring in Central law
The crisis-ridden microfinance sector has welcomed the budgetary announcement to table the new MFI Bill, saying the regulatory clarity will help in the resumption of bank funding.
Budget 2012: Disappointment for infotech sector

Budget 2012: Disappointment for infotech sector

Budget 2012: Disappointment for infotech sector
The Budget has left the infotech sector more or less sour, as it has not met most of its expectations.
Budget '12: FM sanctions Rs 18cr for I-T overseas units

Budget '12: FM sanctions Rs 18cr for I-T overseas units

Budget '12: FM sanctions Rs 18cr for I-T overseas units
While the initial budgetary allocation for these units was Rs 2.41 crore in the current fiscal, it has been raised to Rs 18.20 crore in the coming year.
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