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Present economic crisis different from that of 1991: Pranab

Last Updated: Monday, June 04, 2012, 20:24

Despite a sharp slowdown in economic growth, high inflation and record fall in the value of rupee, Finance Minister Pranab Mukherjee Monday emphasised that Indian economy has not gone back to the 1991 era and the government will be able to improve the situation.

Assocham asks govt to reduce taxes on petrol, diesel

Last Updated: Monday, May 28, 2012, 18:57

In the backdrop of a widespread opposition to sharp increase in fuel price, industry body Assocham Monday asked the government to reduce taxes on petrol and diesel, and shift towards specific rates.

FM to tell CMs to consider sales tax cut on petrol

Last Updated: Monday, May 28, 2012, 18:03

Amid widespread protests, Finance Minister Pranab Mukherjee will soon write to state chief ministers to consider cut in sales tax on petrol to partly neutralise the impact of the Rs 7.54-per-litre hike in the price of the auto fuel.

Fin Min rejects proposal to cut tax on petrol

Last Updated: Friday, April 27, 2012, 12:54

The Finance Ministry has rejected the Oil Ministry's demand of a tax cut of Rs 6 per litre on petrol, a report claimed on Friday.