Stimulus package

Finance Minister Pranab Mukherjee will present Budget 2011 on Friday, amid speculation that excise duty may be raised as part of a partial rollback of the stimulus measures.

However, direct

Anxious about the fiscal stimulus being withdrawn, India Inc is "awaiting with bated breath" presentation of the Union Budget by Finance Minister Pranab Mukherjee on February 26.

The anxiety level

The first of the stimulus measures to be rolled back may be automobile excise concessions, both for cars and commercial vehicles.

Cenvat or excise duty on small cars less than

Ahead of the Budget, the Heavy Industries Ministry today pitched in for the auto industry asking Finance Minister Pranab Mukherjee to continue with the stimulus package provided to the sector

Stating that the auto industry is yet to come out of the woods despite clocking record breaking sales in January, vehicle makers have asked the government to continue the stimulus package provided during the economic downturn in the upcoming Budget.

To roll back or not to roll back the stimulus package. That seems to be a big policy dilemma facing India in the run-up to the budget