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'Service tax hike to make hotel rooms more expensive'

Last Updated: Thursday, March 22, 2012, 17:24

The government's decision to increase service tax to 12 percent will make hotel tariffs more expensive, and will have an impact on overall occupancy and business for hotel companies, leading hoteliers said on Thursday.

Budget boost for low-cost housing

Last Updated: Tuesday, March 20, 2012, 14:43

Mukherjee announced extension of the scheme of interest subvention of 1 percent on housing loan up to Rs. 15 lakh.

Budget may weaken government's credit profile: Moody's

Last Updated: Monday, March 19, 2012, 16:14

India's Budget for 2012-13 lacks new solutions to address the fiscal constraints the government is facing and may weaken its credit profile, global credit rating agency Moody's said Monday.

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

Last Updated: Sunday, March 18, 2012, 14:13

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.

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

Last Updated: Sunday, March 18, 2012, 14:13

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.

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

Last Updated: Sunday, March 18, 2012, 14:13

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.

I was extra careful while formulating Budget: FM

Last Updated: Sunday, March 18, 2012, 14:02

Finance Minister Pranab Mukherjee on Sunday said he was "extra careful" while formulating his Budget proposals in view of the political situation on the ground.

I was extra careful while formulating Budget: FM

Last Updated: Sunday, March 18, 2012, 14:02

Finance Minister Pranab Mukherjee on Sunday said he was "extra careful" while formulating his Budget proposals in view of the political situation on the ground.

`Budget to create demand for senior professionals'

Last Updated: Sunday, March 18, 2012, 13:27

A consumer-friendly budget will drive demand for senior professionals across organisations in the next 2-4 years.

`Budget to create demand for senior professionals'

Last Updated: Sunday, March 18, 2012, 13:27

A consumer-friendly budget will drive demand for senior professionals across organisations in the next 2-4 years.

FM's record doesn't inspire hope on deficit target: Economists

Last Updated: Sunday, March 18, 2012, 11:02

Economists at global rating agencies and fund houses have described the 5.1-percent fiscal deficit target as an uphill task and devoid of clear roadmap

FM's record doesn't inspire hope on deficit target: Economists

Last Updated: Sunday, March 18, 2012, 11:02

Economists at global rating agencies and fund houses have described the 5.1-percent fiscal deficit target as an uphill task and devoid of clear roadmap