Union Budget 2011 India – Union Budget News, Highlights, Live Updates, Facts, Pranab Mukherjee
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Budget 2011
Pranab`s Budget worthy of our praise: Corporate AmericaPranab`s Budget worthy of our praise: Corporate America
Noting that the Budget presented by Finance Minister Pranab Mukherjee sets forth clear parameters to sustain and spur greater investment in India`s infrastructure sector, Corporate America on Monday said the confidence-building measures bode well for the country.
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No filing of tax returns if salary is only incomeNo filing of tax returns if salary is only income
In a big relief from cumbersome tax filing process for the salaried class, Finance Minister Pranab Mukherjee Monday proposed to exempt them from filing tax returns unless they have other sources of income.
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Exit norms relaxed for Swavalamban pension schemeExit norms relaxed for Swavalamban pension scheme
Finance Minister Pranab Mukherjee Monday said that a subscriber of `Swavalamban`, the pension scheme for workers in unorganised sector, will now be allowed to exit at the age of 50 years, instead of 60 years.
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Govt to give cash subsidy on kerosene, fertilisers from 2012Govt to give cash subsidy on kerosene, fertilisers from 2012
With an estimated 60 percent of subsidised fuel not reaching its targeted population, the Finance Minister Pranab Mukherjee Monday said BPL families will get direct cash subsidy to buy fertilizers and cooking fuel at prevailing market prices from 2012.
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Fiscal deficit for FY`11 at 5.1%; FY`12 seen at 4.6%: PranabFiscal deficit for FY`11 at 5.1%; FY`12 seen at 4.6%: Pranab
Led by higher than expected non-tax revenue like auction of 3G spectrum, Finance Minister Pranab Mukherjee today pegged the fiscal deficit at 5.1 percent for the current financial year, and further reduced the estimates to 4.6 percent for 2011-12.
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Home loans: Govt raises interest subsidy limit to Rs 15 lakhHome loans: Govt raises interest subsidy limit to Rs 15 lakh
In a move that could encourage buyers of low cost houses, the Finance Minister Pranab Mukherjee on Monday said the one percent interest subsidy will be available on home loans of up to Rs 15 lakh against the current level of Rs 10 lakh.
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Union Budget: Q&A with PranabUnion Budget: Q&A with Pranab
Finance Minister Pranab Mukherjee, Monday, expressed confidence that the policy direction prescribed in Union Budget 2011-12 will positively affect the life of the aam admi by addressing the problem of high inflation and pushing economic reforms.
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Cong hails, Oppn slams Pranab`s populist BudgetCong hails, Oppn slams Pranab`s populist Budget
Opposition Monday dubbed the Budget as "futile" and "directionless", saying it brought no relief to the common man and nothing has been done to contain inflation.
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Budget to meet challenges of economic growth: PMBudget to meet challenges of economic growth: PM
Prime Minister Manmohan Singh on Monday said that the Union Budget 2011-12 matches challenges faced by the economy.
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Union Budget on right track: India IncUnion Budget on right track: India Inc
Finance Minister Pranab Mukherjee’s third Union Budget for 2011-12 got a thumbs-up from the India incorporation, which hailed it as the growth oriented one.
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