Finance Minister Pranab Mukherjee will unveil the Union Budget for 2012-13 on March 16 in the Lok Sabha.
The budget session will begin on March 12 with President Pratibha Patil
The government is likely to provide some relief to individual income tax payers in the forthcoming Budget by raising the exemption limit to Rs 2 lakh, as provided in the Direct Taxes Code (DTC), and hiking the slabs for different tax brackets.
The Finance Ministry is likely to reduce Securities Transaction Tax (STT) on equity trade in the forthcoming Budget in a bid to boost the capital market despite pressure to improve
The government is likely to bring more services in the tax net to raise revenues and may introduce a negative list in the forthcoming Budget.
The government is expected keep
The government today said the new Mines Bill has been referred to a Parliamentary Standing Committee and is hopeful that it will be passed in the upcoming Budget Session.
"The
The finance ministry is likely to focus on fiscal consolidation in the coming annual budget, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, said in an interview to a
Students enrolling in courses like software, retail and fashion may pay lesser fee as the government plans to waive service tax levied on skill development providers in the budget for
Amid apprehensions that taxes may be raised in the Budget, industry body CII today asked the government to give a fillip to growth by refraining from increasing excise duties and
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